University of Texas Texas AM Investment Management Co. Invests $681,000 in Airbnb, Inc. $ABNB

University of Texas Texas AM Investment Management Co. acquired a new position in shares of Airbnb, Inc. (NASDAQ:ABNB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,018 shares of the company’s stock, valued at approximately $681,000.

A number of other hedge funds have also modified their holdings of ABNB. Caxton Associates LLP purchased a new position in shares of Airbnb during the 1st quarter worth approximately $258,000. Intech Investment Management LLC increased its stake in shares of Airbnb by 55.8% during the 1st quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock worth $1,453,000 after purchasing an additional 4,353 shares in the last quarter. Sivia Capital Partners LLC increased its stake in shares of Airbnb by 18.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,866 shares of the company’s stock worth $776,000 after purchasing an additional 927 shares in the last quarter. WINTON GROUP Ltd purchased a new position in shares of Airbnb during the 2nd quarter worth approximately $411,000. Finally, NewEdge Advisors LLC increased its stake in shares of Airbnb by 9.8% during the 2nd quarter. NewEdge Advisors LLC now owns 54,054 shares of the company’s stock worth $7,153,000 after purchasing an additional 4,811 shares in the last quarter. 80.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ABNB. Needham & Company LLC began coverage on shares of Airbnb in a research note on Monday, May 4th. They set a “buy” rating for the company. Mizuho lifted their target price on shares of Airbnb from $156.00 to $175.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 3rd. HSBC cut shares of Airbnb from a “hold” rating to a “hold” rating in a research note on Monday, May 4th. Barclays lifted their target price on shares of Airbnb from $122.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Finally, Wedbush raised shares of Airbnb from a “neutral” rating to a “neutral” rating in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Airbnb has an average rating of “Moderate Buy” and a consensus price target of $157.96.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Shares rose after news of a new peace deal that could reopen the Strait of Hormuz, easing geopolitical risk and supporting travel-related stocks like Airbnb. Why Airbnb (ABNB) Stock Is Trading Up Today
• Positive Sentiment: Truist raised its price target on Airbnb to $134 from $129, signaling slightly improved expectations even though it kept a hold rating. Benzinga report on Truist price target increase
• Neutral Sentiment: Baron Capital highlighted Airbnb in a fund letter discussing the company’s resilience to AI-driven changes in travel and real estate, which is more of a long-term strategic view than an immediate stock-moving event. Is Airbnb (ABNB) Resilient to AI Transition?

Insider Buying and Selling at Airbnb

In other Airbnb news, CEO Brian Chesky sold 265,746 shares of Airbnb stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $132.22, for a total value of $35,136,936.12. Following the transaction, the chief executive officer owned 11,206,389 shares in the company, valued at $1,481,708,753.58. This trade represents a 2.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Nathan Blecharczyk sold 60,136 shares of Airbnb stock in a transaction on Friday, May 8th. The shares were sold at an average price of $145.70, for a total transaction of $8,761,815.20. Following the completion of the transaction, the insider owned 11,920 shares in the company, valued at approximately $1,736,744. This trade represents a 83.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,677,117 shares of company stock worth $226,595,468 in the last quarter. 27.21% of the stock is owned by insiders.

Airbnb Stock Up 5.0%

ABNB stock opened at $138.96 on Tuesday. The stock has a market capitalization of $83.75 billion, a P/E ratio of 34.23, a PEG ratio of 1.42 and a beta of 1.16. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.44 and a current ratio of 1.44. Airbnb, Inc. has a one year low of $110.81 and a one year high of $147.25. The company has a 50 day moving average price of $135.19 and a two-hundred day moving average price of $131.51.

Airbnb (NASDAQ:ABNB) last released 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). The firm had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.62 billion. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The firm’s revenue was up 17.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.24 earnings per share. As a group, sell-side analysts expect that Airbnb, Inc. will post 4.91 EPS for the current year.

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.