UNIVEST FINANCIAL Corp Sells 5,143 Shares of Airbnb, Inc. $ABNB

UNIVEST FINANCIAL Corp lessened its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB) by 20.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,217 shares of the company’s stock after selling 5,143 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in Airbnb were worth $2,744,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC increased its position in Airbnb by 97.0% during the fourth quarter. ORG Partners LLC now owns 195 shares of the company’s stock worth $26,000 after buying an additional 96 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in Airbnb during the third quarter worth approximately $25,000. Aventura Private Wealth LLC acquired a new position in Airbnb during the fourth quarter worth approximately $29,000. Sunbelt Securities Inc. increased its position in Airbnb by 397.7% during the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock worth $27,000 after buying an additional 175 shares during the last quarter. Finally, Wiser Advisor Group LLC acquired a new position in Airbnb during the third quarter worth approximately $27,000. Institutional investors and hedge funds own 80.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ABNB. Evercore reissued an “outperform” rating on shares of Airbnb in a research report on Friday. Raymond James Financial raised Airbnb from a “market perform” rating to a “strong-buy” rating in a research report on Monday, May 4th. Royal Bank Of Canada boosted their price target on Airbnb from $170.00 to $173.00 and gave the stock an “outperform” rating in a research report on Friday. Oppenheimer raised Airbnb from a “market perform” rating to an “outperform” rating and set a $180.00 price target on the stock in a research report on Monday, May 4th. Finally, Benchmark boosted their price target on Airbnb from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $157.04.

Insider Activity at Airbnb

In other news, insider Nathan Blecharczyk sold 24,788 shares of the company’s stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $145.86, for a total value of $3,615,577.68. Following the transaction, the insider owned 11,920 shares of the company’s stock, valued at approximately $1,738,651.20. This represents a 67.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Joseph Gebbia sold 58,000 shares of the company’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $126.16, for a total value of $7,317,280.00. Following the completion of the transaction, the director directly owned 170,015 shares in the company, valued at $21,449,092.40. The trade was a 25.44% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 457,075 shares of company stock worth $60,358,795 in the last ninety days. 27.21% of the stock is owned by company insiders.

Airbnb Trading Up 0.7%

Airbnb stock opened at $141.49 on Friday. Airbnb, Inc. has a 12 month low of $110.81 and a 12 month high of $147.25. The stock’s 50 day moving average is $133.41 and its 200-day moving average is $129.30. The company has a market capitalization of $86.13 billion, a price-to-earnings ratio of 34.85, a PEG ratio of 1.72 and a beta of 1.20.

Airbnb (NASDAQ:ABNB) last posted its earnings results on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.05). Airbnb had a net margin of 19.90% and a return on equity of 30.71%. The firm had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same period in the previous year, the company posted $0.24 EPS. Airbnb’s revenue for the quarter was up 17.9% compared to the same quarter last year. As a group, equities research analysts predict that Airbnb, Inc. will post 4.97 earnings per share for the current fiscal year.

Trending Headlines about Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Citigroup, RBC, Citizens JMP, and Susquehanna all raised their price targets on Airbnb and maintained bullish or positive ratings, signaling Wall Street sees more upside after the latest earnings and guidance update. Analyst price target upgrades for Airbnb
• Positive Sentiment: Airbnb’s Q1 revenue came in above expectations and the company lifted its full-year sales outlook, reinforcing the view that travel demand remains healthy despite macro and geopolitical noise. Airbnb Raises Outlook, Citing Resilient Travel Demand
• Positive Sentiment: Management said AI is improving efficiency across the business, with Airbnb noting that AI now writes a large share of new code and may reshape job roles, which could support margins over time. Airbnb says AI now writes 60% of its new code
• Positive Sentiment: Several analysts reiterated buy or outperform views, and broker sentiment remains moderately bullish overall, which can help support the stock near current levels. Airbnb maintained at Buy by Citi
• Neutral Sentiment: Airbnb beat revenue estimates but missed earnings per share expectations, creating a mixed headline that limits enthusiasm even as top-line growth stays strong. Airbnb beats expectations for revenue and gross bookings value
• Neutral Sentiment: Comments about elevated cancellations in EMEA and Asia-Pacific due to the Middle East conflict add uncertainty, but they do not yet appear to be derailing demand overall. Airbnb tops revenue estimates, but Middle East cancellations rise due to Iran war
• Negative Sentiment: The company still missed profit estimates, which reminds investors that earnings leverage remains uneven despite solid revenue growth. Airbnb misses profit estimates despite revenue beat

Airbnb Company Profile

Airbnb, Inc (NASDAQ: ABNB) operates a global online marketplace that connects travelers with hosts offering short-term lodging, unique accommodations and related travel experiences. The company’s core platform enables individuals and professional property managers to list private homes, apartments, single rooms and entire properties, while providing search, booking and payment processing for guests. Airbnb earns revenue primarily through service fees charged to guests and hosts and offers tools to facilitate reservations, communications, and logistics between parties.

Beyond accommodations, Airbnb has expanded its product portfolio to include curated experiences led by local hosts, higher-end offerings such as Airbnb Luxe, and programs aimed at enhancing quality and safety like Airbnb Plus.