Mn Services Vermogensbeheer B.V. lowered its position in shares of Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 12.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 69,300 shares of the company’s stock after selling 10,000 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Airbnb were worth $9,405,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of ABNB. Fort Washington Investment Advisors Inc. OH raised its stake in shares of Airbnb by 3.5% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 962,551 shares of the company’s stock valued at $116,873,000 after acquiring an additional 32,501 shares during the last quarter. Sumitomo Life Insurance Co. grew its stake in shares of Airbnb by 15.0% in the third quarter. Sumitomo Life Insurance Co. now owns 66,071 shares of the company’s stock worth $8,022,000 after purchasing an additional 8,636 shares during the last quarter. Cerity Partners LLC grew its stake in shares of Airbnb by 18.1% in the third quarter. Cerity Partners LLC now owns 364,824 shares of the company’s stock worth $44,297,000 after purchasing an additional 55,838 shares during the last quarter. National Pension Service increased its holdings in Airbnb by 1.1% in the third quarter. National Pension Service now owns 1,096,411 shares of the company’s stock valued at $133,126,000 after purchasing an additional 12,453 shares during the period. Finally, Abacus FCF Advisors LLC increased its holdings in Airbnb by 7.8% in the third quarter. Abacus FCF Advisors LLC now owns 135,577 shares of the company’s stock valued at $16,462,000 after purchasing an additional 9,864 shares during the period. Institutional investors and hedge funds own 80.76% of the company’s stock.
Airbnb Trading Down 0.9%
Shares of ABNB opened at $125.19 on Thursday. The firm’s fifty day simple moving average is $128.38 and its two-hundred day simple moving average is $126.91. Airbnb, Inc. has a 12 month low of $99.88 and a 12 month high of $143.88. The stock has a market capitalization of $76.20 billion, a P/E ratio of 30.99, a price-to-earnings-growth ratio of 1.55 and a beta of 1.12.
Insider Buying and Selling
In related news, insider Nathan Blecharczyk sold 4,260 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $125.29, for a total transaction of $533,735.40. Following the completion of the sale, the insider owned 49,250 shares of the company’s stock, valued at $6,170,532.50. This trade represents a 7.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Joseph Gebbia sold 58,000 shares of Airbnb stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $132.51, for a total value of $7,685,580.00. Following the completion of the sale, the director owned 228,015 shares of the company’s stock, valued at approximately $30,214,267.65. The trade was a 20.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 363,510 shares of company stock valued at $47,179,050 over the last 90 days. Company insiders own 27.91% of the company’s stock.
More Airbnb News
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Airbnb launched a private airport pickup/ground-transport offering integrated with bookings across ~125 cities, expanding its Services push to capture more revenue per trip and improve the guest arrival experience. This expands monetization opportunities beyond lodging. Airbnb Airport Pickups Signal Shift Toward Full Trip Service Platform
- Positive Sentiment: Airbnb rolled out a private car pickup service via a partnership with Welcome Pickups across Asia, Europe and Latin America — a direct step to own more of the trip (from arrival to stay) and drive ancillary revenue. Airbnb Teams With Welcome Pickups to Debut Private Car Service
- Positive Sentiment: Airbnb’s Chief Business Officer indicated flights are likely to be part of the company’s expansion roadmap — signaling a potential move into ticketing/air travel that would materially expand addressable market and cross‑sell opportunities. Airbnb Chief Business Officer Discussed How Flights Could Fit Into Expansion Strategy
- Neutral Sentiment: Analysts and commentary are re-checking valuation as Airbnb pushes services and prepares for event-driven demand (e.g., World Cup). The moves provide new growth levers but create questions about margin mix and capital allocation. Airbnb (ABNB) Valuation Check As New Car Pick Up Service And World Cup Demand Plans Emerge
- Neutral Sentiment: Wells Fargo nudged its price target up slightly (from $133 to $136) but kept an “equal weight” rating — a modest vote of confidence that’s unlikely to spark major upside on its own. Benzinga
- Neutral Sentiment: Intraday coverage noted recent short‑term gains after the service launches, but market reaction today looks to reflect investors balancing expansion potential with execution/monetization risks. TipRanks
- Neutral Sentiment: Unrelated market headlines (e.g., large confidential IPO filings such as SpaceX) can tighten liquidity and shift tech sector flows; this broader backdrop may be amplifying short-term moves in travel/tech names. SpaceX Files Confidentially to Go Public. What That Means—and Why It Matters.
Analyst Upgrades and Downgrades
Several research analysts have commented on ABNB shares. Deutsche Bank Aktiengesellschaft raised Airbnb from a “hold” rating to a “buy” rating and set a $154.00 target price on the stock in a report on Friday, February 13th. DA Davidson decreased their price target on Airbnb from $155.00 to $150.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. BMO Capital Markets lifted their price objective on Airbnb from $130.00 to $140.00 and gave the stock a “market perform” rating in a research note on Friday, February 13th. Wedbush reiterated a “neutral” rating and issued a $130.00 target price on shares of Airbnb in a report on Friday, February 13th. Finally, Argus raised shares of Airbnb to a “strong-buy” rating in a research report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Airbnb currently has a consensus rating of “Hold” and a consensus target price of $147.92.
Read Our Latest Stock Report on Airbnb
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.
Further Reading
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