Airbnb, Inc. $ABNB Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB) by 8.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,154,000 shares of the company’s stock after selling 107,231 shares during the period. Envestnet Asset Management Inc.’s holdings in Airbnb were worth $140,119,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Concord Wealth Partners purchased a new stake in Airbnb in the second quarter valued at about $28,000. Whipplewood Advisors LLC increased its holdings in shares of Airbnb by 235.3% during the second quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock valued at $30,000 after acquiring an additional 160 shares in the last quarter. Root Financial Partners LLC purchased a new position in shares of Airbnb in the 3rd quarter valued at approximately $32,000. NewSquare Capital LLC boosted its stake in Airbnb by 86.4% in the 2nd quarter. NewSquare Capital LLC now owns 287 shares of the company’s stock worth $38,000 after purchasing an additional 133 shares in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. grew its position in Airbnb by 55.5% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 311 shares of the company’s stock worth $38,000 after purchasing an additional 111 shares during the last quarter. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Key Headlines Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Analyst upgrade: Citizens (JMP) recently upgraded ABNB to “outperform” and set a $160 price target, which supports upside expectations and buying interest. Citizens Upgrade
• Positive Sentiment: Analyst optimism / valuation checks: Several outlets note analyst upgrades and coverage that signal growing confidence in ABNB’s growth outlook, which can buoy the stock. Yahoo Valuation Check
• Neutral Sentiment: Insider transaction: CFO Elinor Mertz sold 3,750 shares at about $130 on Feb. 2. The sale is small relative to her holdings and may be routine diversification rather than a signal of company fundamentals. SEC Filing
• Neutral Sentiment: Short-interest reporting appears flat/ambiguous (reported as effectively zero), likely a data/reporting artifact — short-selling pressure is not a clear driver today.
• Neutral Sentiment: Trending coverage: Zacks and MarketBeat pieces highlight ABNB as a widely watched, “trending” stock; increased attention raises volatility but is not a directional catalyst by itself. Zacks Trending Stock
• Negative Sentiment: Price-target cut: Wedbush lowered its price target from $135 to $130 and moved to a “neutral” rating, removing some near-term upside and weighing on sentiment. The Fly: Wedbush Cut
• Negative Sentiment: Valuation concerns: Analysis pieces warn that ABNB’s current valuation leaves limited room for execution error (hotel expansion and growth execution risks), which increases downside sensitivity if growth slows. Seeking Alpha Valuation Note
• Negative Sentiment: Institutional trimming: Reports of ARK and other funds trimming positions have pressured sentiment even if some moves reflect ETF rebalancing rather than conviction-based selling. TipRanks / ARK Trades

Insiders Place Their Bets

In related news, CFO Elinor Mertz sold 3,750 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $130.00, for a total value of $487,500.00. Following the completion of the sale, the chief financial officer owned 410,530 shares of the company’s stock, valued at approximately $53,368,900. The trade was a 0.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Brian Chesky sold 51,230 shares of Airbnb stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $131.16, for a total transaction of $6,719,326.80. Following the completion of the sale, the chief executive officer owned 45,854 shares in the company, valued at approximately $6,014,210.64. This trade represents a 52.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,206,022 shares of company stock valued at $148,582,096 over the last ninety days. 27.91% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ABNB shares. Barclays set a $120.00 price target on shares of Airbnb and gave the stock an “equal weight” rating in a report on Friday, January 9th. B. Riley Financial raised Airbnb from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $140.00 to $170.00 in a report on Monday, January 12th. Truist Financial raised their price target on shares of Airbnb from $104.00 to $107.00 and gave the stock a “sell” rating in a research report on Thursday, December 4th. Jefferies Financial Group upped their price objective on shares of Airbnb from $160.00 to $165.00 and gave the company a “buy” rating in a report on Friday, December 5th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Airbnb in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nineteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $148.85.

Airbnb Stock Performance

Shares of Airbnb stock opened at $122.18 on Friday. The firm has a 50-day simple moving average of $131.33 and a two-hundred day simple moving average of $126.99. Airbnb, Inc. has a fifty-two week low of $99.88 and a fifty-two week high of $163.93. The company has a market cap of $75.21 billion, a P/E ratio of 29.02, a price-to-earnings-growth ratio of 1.87 and a beta of 1.15.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings results on Thursday, November 6th. The company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.31 by ($0.10). The business had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $4.08 billion. Airbnb had a net margin of 22.03% and a return on equity of 32.14%. Airbnb’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.13 EPS. Equities research analysts forecast that Airbnb, Inc. will post 4.31 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.