Airbnb, Inc. $ABNB Stock Bought by North Dakota State Investment Board

North Dakota State Investment Board boosted its position in Airbnb, Inc. (NASDAQ:ABNB) by 17.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,948 shares of the company’s stock after purchasing an additional 3,940 shares during the period. North Dakota State Investment Board’s holdings in Airbnb were worth $4,169,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. VestGen Advisors LLC lifted its position in shares of Airbnb by 149.6% during the 3rd quarter. VestGen Advisors LLC now owns 14,319 shares of the company’s stock valued at $2,300,000 after buying an additional 8,583 shares during the last quarter. Conning Inc. bought a new position in shares of Airbnb during the 3rd quarter worth $228,000. Asset Management One Co. Ltd. grew its stake in shares of Airbnb by 28.8% during the 3rd quarter. Asset Management One Co. Ltd. now owns 268,044 shares of the company’s stock worth $43,061,000 after acquiring an additional 59,961 shares during the period. SYM FINANCIAL Corp grew its stake in shares of Airbnb by 8.3% during the 3rd quarter. SYM FINANCIAL Corp now owns 5,672 shares of the company’s stock worth $911,000 after acquiring an additional 434 shares during the period. Finally, Angeles Wealth Management LLC purchased a new stake in Airbnb in the 3rd quarter worth about $202,000. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Insider Transactions at Airbnb

In other Airbnb news, insider Nathan Blecharczyk sold 13,615 shares of the firm’s stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $170.81, for a total value of $2,325,578.15. Following the completion of the transaction, the insider owned 20,567 shares in the company, valued at $3,513,049.27. This trade represents a 39.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO David C. Bernstein sold 1,369 shares of Airbnb stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $168.01, for a total value of $230,005.69. Following the transaction, the chief accounting officer directly owned 45,655 shares of the company’s stock, valued at $7,670,496.55. The trade was a 2.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,299,330 shares of company stock worth $233,111,996 in the last three months. 27.21% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Rosenblatt Securities assumed coverage on Airbnb in a report on Tuesday, September 1st. They issued a “buy” rating and a $220.00 price objective for the company. Morgan Stanley initiated coverage on shares of Airbnb in a research report on Wednesday, September 16th. They set an “equal weight” rating and a $170.00 target price for the company. Wedbush upgraded shares of Airbnb from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $152.00 to $200.00 in a research report on Friday, August 7th. JPMorgan Chase & Co. lifted their target price on shares of Airbnb from $140.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Finally, FBN Securities assumed coverage on shares of Airbnb in a research report on Friday, October 2nd. They issued an “outperform” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $182.43.

Airbnb Trading Down 1.6%

NASDAQ:ABNB opened at $166.04 on Thursday. Airbnb, Inc. has a 1 year low of $110.81 and a 1 year high of $193.45. The stock’s fifty day moving average price is $171.20 and its two-hundred day moving average price is $146.41. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.41 and a quick ratio of 1.41. The company has a market cap of $99.42 billion, a P/E ratio of 37.74, a P/E/G ratio of 1.97 and a beta of 1.24.

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

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb continues to show a stronger revenue profile than some consumer-industry peers, with consistent year-over-year growth over roughly the past eight quarters. Its asset-light marketplace, global reach across more than 220 countries and regions, double-digit revenue growth, and high net margins remain fundamental strengths. Advance Auto Parts vs. Airbnb: Diverging Paths in Revenue Flash a Warning for Investors
• Neutral Sentiment: Recent comparison articles continue to frame Airbnb as a high-margin, capital-light business with a broad global network, but they offer relative-investment analysis rather than new company-specific developments. Airbnb vs. GameStop Airbnb vs. Five Below
• Negative Sentiment: Co-founder Nathan Blecharczyk sold 13,615 shares for approximately $2.33 million, reducing his direct stake by 39.83%. While insider sales do not necessarily signal deteriorating fundamentals, the transaction can weigh on sentiment. SEC insider transaction filing
• Negative Sentiment: A new policy prevents hosts from requiring guests to perform cleaning tasks typically handled by professional cleaners. More than 10,000 hosts have reportedly signed a petition opposing the change, with some considering a booking blackout or higher cleaning fees, creating a risk to listings, pricing, and bookings. Airbnb guests no longer have to wash dishes or strip beds
• Negative Sentiment: Airbnb underperformed the broader market in the latest session, while commentary from Trefis raised concern about the possibility of another decline, reinforcing a cautious near-term outlook. How Big Could Airbnb Stock’s Next Fall Be?

About Airbnb

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.