Fideuram Asset Management Ireland dac Buys New Holdings in Airbnb, Inc. $ABNB

Fideuram Asset Management Ireland dac bought a new stake in Airbnb, Inc. (NASDAQ:ABNB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,915 shares of the company’s stock, valued at approximately $821,000.

Other large investors have also modified their holdings of the company. ORG Partners LLC raised its stake in shares of Airbnb by 97.0% in the fourth quarter. ORG Partners LLC now owns 195 shares of the company’s stock valued at $26,000 after purchasing an additional 96 shares in the last quarter. Entrust Financial LLC acquired a new position in shares of Airbnb in the fourth quarter valued at $27,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Airbnb in the third quarter valued at $25,000. Aventura Private Wealth LLC acquired a new position in shares of Airbnb in the fourth quarter valued at $29,000. Finally, Sunbelt Securities Inc. raised its stake in shares of Airbnb by 397.7% in the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock valued at $27,000 after purchasing an additional 175 shares in the last quarter. 80.76% of the stock is currently owned by institutional investors and hedge funds.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Negative Sentiment: CEO Brian Chesky sold 265,746 shares for about $35.1 million, cutting his position by 2.32% and adding to recent selling pressure. SEC filing
• Negative Sentiment: Chesky also sold 229,550 shares for about $30.6 million, trimming another 1.96% from his stake. SEC filing
• Negative Sentiment: A separate 20,000-share sale by the CEO further reinforced the pattern of insider selling around current trading levels. SEC filing
• Negative Sentiment: Director Joseph Gebbia also sold 2,860 shares, adding to the recent stream of insider sales at Airbnb. SEC filing
• Neutral Sentiment: Airbnb expanded its platform with airport pickups, grocery delivery, luggage storage, and car rentals, which could support long-term engagement but is unlikely to move the stock immediately. Article source
• Neutral Sentiment: Airbnb is investing in group travel startup WeRoad through a $58 million Series C round, potentially broadening its travel ecosystem, but the near-term financial impact is still uncertain. Article source

Airbnb Stock Performance

Shares of NASDAQ:ABNB opened at $133.31 on Friday. The business’s fifty day moving average price is $133.93 and its two-hundred day moving average price is $130.20. Airbnb, Inc. has a fifty-two week low of $110.81 and a fifty-two week high of $147.25. The stock has a market capitalization of $80.35 billion, a price-to-earnings ratio of 32.84, a price-to-earnings-growth ratio of 1.43 and a beta of 1.20. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.44 and a quick ratio of 1.44.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter last year, the company earned $0.24 earnings per share. The business’s revenue was up 17.9% on a year-over-year basis. As a group, analysts predict that Airbnb, Inc. will post 4.91 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on ABNB. Morgan Stanley lowered Airbnb from an “underweight” rating to an “underweight” rating in a research note on Monday, May 4th. BMO Capital Markets upped their target price on Airbnb from $130.00 to $140.00 and gave the company a “market perform” rating in a research note on Friday, February 13th. Weiss Ratings upgraded Airbnb from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, May 12th. JPMorgan Chase & Co. upped their price target on Airbnb from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Susquehanna upped their price target on Airbnb from $150.00 to $170.00 and gave the company a “positive” rating in a research report on Friday, May 8th. Two equities research 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 assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $157.67.

Insiders Place Their Bets

In other news, insider Nathan Blecharczyk sold 2,739 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $131.40, for a total transaction of $359,904.60. Following the sale, the insider owned 81,631 shares in the company, valued at approximately $10,726,313.40. This represents a 3.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Elinor Mertz sold 3,750 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $143.00, for a total value of $536,250.00. Following the sale, the chief financial officer owned 463,415 shares in the company, valued at $66,268,345. The trade was a 0.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 972,473 shares of company stock worth $130,966,151 over the last ninety days. Company insiders own 27.21% of the company’s stock.

Airbnb 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.