Airbnb (NASDAQ:ABNB) CAO Sells $293,919.28 in Stock

Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) CAO David Bernstein sold 1,756 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $167.38, for a total transaction of $293,919.28. Following the sale, the chief accounting officer directly owned 43,899 shares of the company’s stock, valued at approximately $7,347,814.62. This represents a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Airbnb Price Performance

Airbnb stock traded up $9.41 during mid-day trading on Wednesday, hitting $176.37. The company’s stock had a trading volume of 5,709,729 shares, compared to its average volume of 4,267,609. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $105.61 billion, a P/E ratio of 40.08, a P/E/G ratio of 1.96 and a beta of 1.26. Airbnb, Inc. has a twelve month low of $110.81 and a twelve month high of $193.45. The stock’s fifty day moving average price is $169.60 and its two-hundred day moving average price is $147.00.

Airbnb (NASDAQ:ABNB – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.11. The company had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $3.58 billion. Airbnb had a return on equity of 33.38% and a net margin of 20.45%. The company’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.03 EPS. Research analysts forecast that Airbnb, Inc. will post 5.29 earnings per share for the current year.

Institutional Trading of Airbnb

Hedge funds have recently modified their holdings of the business. Pathway Financial Advisers LLC acquired a new position in Airbnb during the third quarter valued at $32,000. Putney Financial Group LLC purchased a new stake in Airbnb in the 3rd quarter worth about $32,000. Meeder Asset Management Inc. lifted its stake in Airbnb by 96.3% in the 1st quarter. Meeder Asset Management Inc. now owns 214 shares of the company’s stock worth $27,000 after acquiring an additional 105 shares in the last quarter. Compass Financial Management LLC boosted its position in Airbnb by 760.0% during the 3rd quarter. Compass Financial Management LLC now owns 215 shares of the company’s stock worth $35,000 after acquiring an additional 190 shares during the period. Finally, Pension & Wealth Management Advisors Inc. acquired a new stake in Airbnb during the 3rd quarter worth about $35,000. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on ABNB shares. Wedbush raised Airbnb from a “neutral” rating to an “outperform” rating and upped their target price for the company from $152.00 to $200.00 in a report on Friday, August 7th. Wells Fargo & Company dropped their price target on Airbnb from $186.00 to $185.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 7th. Gordon Haskett boosted their price objective on Airbnb from $146.00 to $180.00 and gave the stock a “hold” rating in a report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $190.00 price objective (up from $175.00) on shares of Airbnb in a research note on Monday, August 31st. Finally, Bank of America raised their target price on shares of Airbnb from $160.00 to $175.00 in a report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Airbnb has an average rating of “Moderate Buy” and an average target price of $182.65.

Read Our Latest Analysis on Airbnb

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

  • Positive Sentiment: Airbnb has added more than 1 million listings to American Express Travel. Eligible U.S. cardholders can earn Membership Rewards points and receive statement credits on qualifying bookings, giving Airbnb access to another booking channel and Amex’s travel customers. Article: Airbnb Brings Over 1 Million Listings To A Major Card Travel Portal
  • Positive Sentiment: UBS raised its price target to $181 from $172 while maintaining a neutral rating. The higher target suggests modest potential upside, though the unchanged rating signals a measured view.
  • Neutral Sentiment: Analysts see strong travel demand, bookings growth and AI-related improvements as possible supports for Q3 results, while higher costs could weigh on margins. Investors are likely to focus on booking trends, profitability and the outlook. Article: Airbnb to Report Q3 Earnings: What’s in Store for the Stock?
  • Neutral Sentiment: CEO Brian Chesky said his shift toward a more hands-on “founder mode” contributed to the departure of executives who did not want to work under that approach. The comments add context about leadership and management, but the articles provide no new operating or financial guidance. Article: Airbnb CEO Brian Chesky says founder mode cost him almost his entire executive team
  • Negative Sentiment: Options-market coverage points to a potentially large post-earnings move, with one analysis suggesting ABNB could decline after results. This is an indicator of uncertainty—not a guaranteed forecast—but may make investors cautious ahead of the report. Article: Ahead of Airbnb Earnings, Here’s What Barchart Data Says Comes Next for ABNB Stock

About Airbnb

(Get Free Report)

Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and service providers. Its platform enables users to search for, book and review a broad range of stays, including private rooms, entire homes, apartments and other distinctive properties.

In addition to lodging, Airbnb offers experiences and activities hosted by local individuals and businesses. The company also provides tools and services that help hosts create listings, manage bookings, communicate with guests and receive payments.

Further Reading

Insider Buying and Selling by Quarter for Airbnb (NASDAQ:ABNB)

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