Sarasin & Partners LLP Raises Position in Airbnb, Inc. $ABNB

Sarasin & Partners LLP raised its position in Airbnb, Inc. (NASDAQ:ABNB) by 45.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 15,655 shares of the company’s stock after buying an additional 4,896 shares during the period. Sarasin & Partners LLP’s holdings in Airbnb were worth $2,240,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ABNB. North Dakota State Investment Board acquired a new stake in shares of Airbnb in the fourth quarter valued at about $2,785,000. Merit Financial Group LLC grew its stake in Airbnb by 72.1% during the 4th quarter. Merit Financial Group LLC now owns 32,994 shares of the company’s stock valued at $4,478,000 after acquiring an additional 13,818 shares in the last quarter. North Star Asset Management Inc. grew its stake in Airbnb by 13.4% during the 4th quarter. North Star Asset Management Inc. now owns 78,564 shares of the company’s stock valued at $10,663,000 after acquiring an additional 9,294 shares in the last quarter. Oxbow Advisors LLC raised its holdings in Airbnb by 122.9% in the 4th quarter. Oxbow Advisors LLC now owns 50,414 shares of the company’s stock valued at $6,842,000 after acquiring an additional 27,793 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp raised its holdings in Airbnb by 18.3% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 223,291 shares of the company’s stock valued at $30,305,000 after acquiring an additional 34,573 shares during the last quarter. 80.76% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Q2 results exceeded expectations. Airbnb earned $1.37 per share, versus consensus estimates of approximately $1.20–$1.26 and $1.03 a year earlier. Revenue rose 16.3% year over year to $3.61 billion, ahead of the $3.58 billion estimate. Gross booking value increased 16% to $27.2 billion. Airbnb Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its full-year forecast. Airbnb now expects 2026 revenue growth of at least a mid-teens rate, up from its previous low- to mid-teens outlook, and also increased its adjusted EBITDA margin guidance. Airbnb Boosts Forecast on Strong Demand
• Positive Sentiment: Near-term demand appears strong. The company said demand was healthy across all regions, with the FIFA World Cup providing an additional travel catalyst. Third-quarter revenue guidance of $4.7 billion to $4.8 billion also exceeded the roughly $4.6 billion analyst forecast. Airbnb Earnings and Third-Quarter Guidance
• Neutral Sentiment: Valuation leaves limited room for disappointment. Airbnb trades at roughly 37 times earnings and near its 52-week high, so investors may continue to scrutinize booking growth, costs and whether the upgraded outlook can be sustained.
• Negative Sentiment: Recent insider selling is a modest sentiment headwind. CFO Elinor Mertz sold 3,748 shares for approximately $575,000, while director Nathan Blecharczyk sold 13,615 shares worth about $2.07 million. The transactions may reflect diversification, but could still attract investor attention. Airbnb CFO SEC Filing

Insider Transactions at Airbnb

In related news, insider Nathan Blecharczyk sold 88,366 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider owned 12,370 shares of the company’s stock, valued at approximately $1,803,669.70. This trade represents a 87.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Brian Chesky sold 265,746 shares of Airbnb stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $132.22, for a total transaction of $35,136,936.12. Following the completion of the sale, the chief executive officer owned 11,206,389 shares of the company’s stock, valued at $1,481,708,753.58. This trade represents a 2.32% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 2,405,956 shares of company stock worth $334,266,758. 27.21% of the stock is currently owned by insiders.

Airbnb Stock Down 0.6%

Shares of ABNB opened at $151.64 on Friday. The company’s 50-day moving average price is $143.08 and its 200 day moving average price is $135.56. Airbnb, Inc. has a 12-month low of $110.81 and a 12-month high of $156.50. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.32. The firm has a market cap of $91.39 billion, a P/E ratio of 37.35, a price-to-earnings-growth ratio of 1.63 and a beta of 1.14.

Airbnb (NASDAQ:ABNB) last announced its earnings results on Thursday, August 6th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.11. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The company had revenue of $3.61 billion during the quarter, compared to analyst estimates of $3.58 billion. During the same quarter last year, the firm posted $1.03 earnings per share. Airbnb’s revenue was up 16.3% compared to the same quarter last year. On average, sell-side analysts forecast that Airbnb, Inc. will post 4.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. B. Riley Financial restated a “buy” rating on shares of Airbnb in a report on Friday, May 8th. Jefferies Financial Group increased their price target on Airbnb from $160.00 to $175.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $170.00 price objective on shares of Airbnb in a research report on Friday, May 8th. HSBC lowered Airbnb from a “hold” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Barclays raised their target price on Airbnb from $122.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $160.65.

Airbnb Company 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.