TD Asset Management Inc Acquires 152,144 Shares of Airbnb, Inc. $ABNB

TD Asset Management Inc increased its position in shares of Airbnb, Inc. (NASDAQ:ABNB) by 69.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 371,409 shares of the company’s stock after buying an additional 152,144 shares during the period. TD Asset Management Inc owned 0.06% of Airbnb worth $45,096,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. increased its holdings in Airbnb by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 38,295,288 shares of the company’s stock valued at $4,649,814,000 after buying an additional 649,323 shares during the period. Harris Associates L P grew its holdings in Airbnb by 43.2% during the 2nd quarter. Harris Associates L P now owns 14,237,331 shares of the company’s stock worth $1,884,168,000 after acquiring an additional 4,292,383 shares during the period. Geode Capital Management LLC increased its holdings in Airbnb by 1.5% in the second quarter. Geode Capital Management LLC now owns 9,942,423 shares of the company’s stock valued at $1,314,057,000 after purchasing an additional 145,788 shares during the last quarter. Norges Bank bought a new stake in shares of Airbnb in the 2nd quarter valued at about $483,644,000. Finally, Akre Capital Management LLC raised its stake in Airbnb by 19.0% during the 2nd quarter. Akre Capital Management LLC now owns 3,473,243 shares of the company’s stock worth $459,649,000 after buying an additional 555,510 shares during the period. Institutional investors and hedge funds own 80.76% of the company’s stock.

Wall Street Analysts Forecast Growth

ABNB has been the subject of a number of research reports. Morgan Stanley set a $120.00 price objective on Airbnb in a report on Friday, February 13th. UBS Group raised their target price on shares of Airbnb from $147.00 to $149.00 and gave the stock a “neutral” rating in a report on Tuesday, February 3rd. Citigroup upgraded shares of Airbnb from a “neutral” rating to an “outperform” rating in a research report on Wednesday, February 4th. Wells Fargo & Company lifted their target price on Airbnb from $128.00 to $133.00 and gave the company an “equal weight” rating in a research report on Friday, February 13th. Finally, Benchmark dropped their price target on Airbnb from $155.00 to $145.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $148.69.

Airbnb Trading Down 1.4%

Shares of NASDAQ ABNB opened at $135.11 on Friday. Airbnb, Inc. has a 1-year low of $99.88 and a 1-year high of $144.75. The stock has a fifty day simple moving average of $130.81 and a two-hundred day simple moving average of $126.21. The firm has a market cap of $82.24 billion, a price-to-earnings ratio of 33.44, a price-to-earnings-growth ratio of 1.85 and a beta of 1.15.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.10). The company had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.71 billion. Airbnb had a return on equity of 30.88% and a net margin of 20.51%.Airbnb’s revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.73 earnings per share. Analysts forecast that Airbnb, Inc. will post 4.31 EPS for the current year.

Key Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Large institutional buying: Several big funds (Vanguard, Harris Associates, AQR, Clearbridge) have recently increased stakes in ABNB, signaling confidence from long-term investors. MarketBeat ABNB Report
• Positive Sentiment: Revenue growth and top-line beat: Airbnb’s latest quarter showed revenue up ~12.9% year-over-year and beat consensus, suggesting continued demand resilience in travel. MarketBeat Earnings Coverage
• Positive Sentiment: Sector outperformance / strong growth profile: Coverage notes ABNB has outperformed many consumer-discretionary peers and ranks highly on growth metrics, supporting medium-term upside potential. Barchart: Performance vs Peers
• Neutral Sentiment: New third‑party co‑listing service (10XBNB): A press release touts platforms that let entrepreneurs earn Airbnb income without owning property; likely limited direct impact on Airbnb’s financials near-term. GlobeNewswire: 10XBNB Release
• Neutral Sentiment: Short-interest data appears noisy/invalid this cycle (reported as zero with NaN changes), so do not read meaningful directional pressure from those feeds today.
• Neutral Sentiment: Mixed analyst picture: Several firms have adjusted price targets (some higher) but consensus remains around a “Hold” with an average target near $148 — implies limited uniform conviction among analysts. MarketBeat Analyst Summary
• Negative Sentiment: Insider selling by co‑founder/director Joseph Gebbia: He sold 58,000 shares (multiple recent sales), which can dent sentiment even if pre-scheduled or for diversification. InsiderTrades: Gebbia Sale
• Negative Sentiment: EPS miss: Airbnb reported EPS below consensus ($0.56 vs. $0.66), which often drives short‑term weakness despite the revenue beat. MarketBeat Earnings Coverage
• Negative Sentiment: High-profile fund rebalancing: Coverage notes Cathie Wood trimmed exposure even as Airbnb posts strong revenue — such moves from prominent managers can amplify selling pressure. Benzinga: Cathie Wood Trim

Insider Transactions at Airbnb

In other Airbnb news, CTO Aristotle N. Balogh sold 2,565 shares of the stock in a transaction on Friday, December 19th. The shares were sold at an average price of $134.79, for a total transaction of $345,736.35. Following the completion of the sale, the chief technology officer owned 165,086 shares of the company’s stock, valued at $22,251,941.94. This represents a 1.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Elinor Mertz sold 3,750 shares of the business’s stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 410,530 shares in the company, valued at $53,368,900. This trade represents a 0.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 853,775 shares of company stock worth $107,713,177. 27.91% of the stock is owned by corporate insiders.

About Airbnb

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.