Schroder Investment Management Group Sells 18,044 Shares of Airbnb, Inc. $ABNB

Schroder Investment Management Group decreased its position in Airbnb, Inc. (NASDAQ:ABNB) by 3.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 550,484 shares of the company’s stock after selling 18,044 shares during the quarter. Schroder Investment Management Group owned 0.09% of Airbnb worth $72,851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of ABNB. Kentucky Trust Co bought a new stake in shares of Airbnb in the 2nd quarter worth approximately $25,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in shares of Airbnb by 70.9% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 200 shares of the company’s stock valued at $26,000 after purchasing an additional 83 shares during the last quarter. Concord Wealth Partners purchased a new position in Airbnb in the 2nd quarter worth $28,000. Whipplewood Advisors LLC lifted its stake in Airbnb by 235.3% in the second quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock worth $30,000 after purchasing an additional 160 shares during the last quarter. Finally, Armstrong Advisory Group Inc. lifted its stake in Airbnb by 363.6% in the second quarter. Armstrong Advisory Group Inc. now owns 255 shares of the company’s stock worth $34,000 after purchasing an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Insider Transactions at Airbnb

In related news, CFO Elinor Mertz sold 7,500 shares of the business’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $130.00, for a total transaction of $975,000.00. Following the transaction, the chief financial officer owned 436,570 shares in the company, valued at $56,754,100. The trade was a 1.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Joseph Gebbia sold 232,000 shares of the stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $114.22, for a total transaction of $26,499,040.00. Following the completion of the transaction, the director directly owned 15 shares of the company’s stock, valued at approximately $1,713.30. The trade was a 99.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 1,676,514 shares of company stock valued at $204,832,922. Company insiders own 27.91% of the company’s stock.

Wall Street Analysts Forecast Growth

ABNB has been the topic of a number of recent research reports. UBS Group raised their price objective on Airbnb from $145.00 to $147.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Citizens Jmp upgraded Airbnb to a “hold” rating in a research report on Monday, August 11th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $165.00 price target on shares of Airbnb in a research note on Friday, November 7th. Wells Fargo & Company increased their price objective on Airbnb from $110.00 to $111.00 and gave the company an “underweight” rating in a research note on Friday, November 7th. Finally, BMO Capital Markets set a $124.00 target price on shares of Airbnb and gave the stock a “market perform” rating in a report on Thursday, August 7th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-one have issued a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Airbnb currently has a consensus rating of “Hold” and an average target price of $143.31.

Airbnb Stock Performance

Shares of ABNB stock opened at $116.80 on Monday. The firm has a market cap of $71.90 billion, a P/E ratio of 27.74, a P/E/G ratio of 2.06 and a beta of 1.11. Airbnb, Inc. has a fifty-two week low of $99.88 and a fifty-two week high of $163.93. The business’s 50 day moving average price is $121.83 and its 200-day moving average price is $127.93.

Airbnb (NASDAQ:ABNB) last announced its earnings results on Thursday, November 6th. The company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.10). The business had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.08 billion. Airbnb had a net margin of 22.03% and a return on equity of 32.14%. Airbnb’s revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.13 EPS. Airbnb has set its Q4 2025 guidance at EPS. As a group, equities analysts predict that Airbnb, Inc. will post 4.31 EPS for the current year.

Airbnb Company Profile

Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.