Aware Super Pty Ltd as trustee of Aware Super Invests $14.66 Million in Airbnb, Inc. $ABNB

Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in shares of Airbnb, Inc. (NASDAQ:ABNB) in the first quarter, HoldingsChannel reports. The institutional investor purchased 116,075 shares of the company’s stock, valued at approximately $14,658,000.

A number of other institutional investors also recently bought and sold shares of ABNB. Caxton Associates LLP bought a new position in shares of Airbnb in the first quarter worth about $258,000. Intech Investment Management LLC lifted its holdings in shares of Airbnb by 55.8% in the 1st quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock valued at $1,453,000 after acquiring an additional 4,353 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Airbnb by 18.8% in 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 during the period. WINTON GROUP Ltd purchased a new stake in shares of Airbnb in the second quarter valued at $411,000. Finally, NewEdge Advisors LLC lifted its stake in Airbnb by 9.8% in the second 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 during the last quarter. 80.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Airbnb news, insider Nathan Blecharczyk sold 88,366 shares of the stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $145.81, for a total transaction of $12,884,646.46. Following the sale, the insider directly owned 12,370 shares of the company’s stock, valued at approximately $1,803,669.70. This represents a 87.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joseph Gebbia sold 294,903 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $148.43, for a total value of $43,772,452.29. Following the completion of the sale, the director directly owned 2,622,452 shares in the company, valued at approximately $389,250,550.36. This trade represents a 10.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 2,325,429 shares of company stock worth $321,925,435. Corporate insiders own 27.21% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on ABNB shares. HSBC cut Airbnb from a “hold” rating to a “hold” rating in a research report on Monday, May 4th. DA Davidson boosted their price target on shares of Airbnb from $150.00 to $162.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Cantor Fitzgerald raised shares of Airbnb from a “neutral” rating to an “overweight” rating in a research note on Monday, May 4th. UBS Group lifted their price target on Airbnb from $153.00 to $157.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Oppenheimer raised Airbnb from a “market perform” rating to an “outperform” rating and set a $180.00 target price on the stock in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $159.84.

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Wedbush initiated coverage with a neutral rating and a $152 price target, implying modest upside from recent levels and signaling that analysts still see value in the shares. Article link
• Positive Sentiment: Jefferies reaffirmed its buy rating on Airbnb, supporting the view that Wall Street remains constructive on the company’s longer-term growth outlook. Article link
• Neutral Sentiment: Investors are watching Airbnb’s upcoming fiscal second-quarter earnings report, with analysts expecting double-digit earnings growth; results will likely determine whether the stock can extend recent momentum. Article link
• Neutral Sentiment: Airbnb co-founder Joseph Gebbia sold about $39 million in stock under a pre-arranged 10b5-1 plan. While not necessarily a bearish signal, insider selling can create some investor caution. Article link
• Negative Sentiment: CEO Brian Chesky’s X account was reportedly hacked and used to promote crypto tokenization posts. The incident does not directly affect fundamentals, but it is a reputational and security-related distraction for the company. Article link

Airbnb Stock Down 1.2%

Shares of NASDAQ ABNB opened at $145.98 on Friday. The company has a market cap of $87.98 billion, a P/E ratio of 35.96, a P/E/G ratio of 1.59 and a beta of 1.14. The stock has a fifty day moving average price of $139.13 and a 200 day moving average price of $134.42. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.32. Airbnb, Inc. has a 12-month low of $110.81 and a 12-month high of $150.88.

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

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.