Harvest Fund Management Co. Ltd Acquires 6,512 Shares of Airbnb, Inc. $ABNB

Harvest Fund Management Co. Ltd increased its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB) by 24.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 33,084 shares of the company’s stock after purchasing an additional 6,512 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Airbnb were worth $4,490,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Patton Fund Management Inc. grew its holdings in Airbnb by 4.3% during the fourth quarter. Patton Fund Management Inc. now owns 1,874 shares of the company’s stock worth $254,000 after purchasing an additional 77 shares during the period. BOKF NA grew its holdings in Airbnb by 11.0% during the fourth quarter. BOKF NA now owns 787 shares of the company’s stock worth $107,000 after purchasing an additional 78 shares during the period. Yoder Wealth Management Inc. grew its holdings in Airbnb by 0.3% during the fourth quarter. Yoder Wealth Management Inc. now owns 26,389 shares of the company’s stock worth $3,582,000 after purchasing an additional 84 shares during the period. Private Advisor Group LLC grew its holdings in Airbnb by 1.0% during the third quarter. Private Advisor Group LLC now owns 8,295 shares of the company’s stock worth $1,007,000 after purchasing an additional 86 shares during the period. Finally, Koshinski Asset Management Inc. grew its holdings in Airbnb by 4.1% during the third quarter. Koshinski Asset Management Inc. now owns 2,226 shares of the company’s stock worth $270,000 after purchasing an additional 87 shares during the period. Institutional investors own 80.76% of the company’s stock.

Airbnb Trading Up 0.1%

Shares of ABNB stock opened at $133.72 on Friday. The firm has a 50 day moving average price of $134.28 and a two-hundred day moving average price of $130.63. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $80.59 billion, a PE ratio of 32.94, a price-to-earnings-growth ratio of 1.43 and a beta of 1.16. Airbnb, Inc. has a 12-month low of $110.81 and a 12-month high of $147.25.

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

Insider Activity

In other news, CEO Brian Chesky sold 62,764 shares of Airbnb stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $134.00, for a total value of $8,410,376.00. Following the completion of the sale, the chief executive officer directly owned 10,855,175 shares in the company, valued at approximately $1,454,593,450. The trade was a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Elinor Mertz sold 7,433 shares of Airbnb stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $136.24, for a total transaction of $1,012,671.92. Following the completion of the sale, the chief financial officer owned 449,040 shares of the company’s stock, valued at approximately $61,177,209.60. The trade was a 1.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,612,370 shares of company stock worth $217,546,338. Corporate insiders own 27.21% of the company’s stock.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Brokerages continue to rate Airbnb at an average of “Moderate Buy,” signaling that analysts remain broadly constructive on the company’s outlook. Airbnb, Inc. (NASDAQ:ABNB) Given Average Rating of “Moderate Buy” by Brokerages
• Positive Sentiment: CEO Brian Chesky’s plans to start an AI venture could be seen as strategically important if Airbnb applies new AI tools to product design, personalization, or user experience. Airbnb CEO Brian Chesky Plans to Start a New AI Company
• Positive Sentiment: Institutional ownership remains high, suggesting continued support from large investors and reducing concerns about broad-based selling pressure.
• Neutral Sentiment: Airbnb’s latest quarter showed strong revenue growth but an EPS miss, making the stock reaction more dependent on whether investors focus on growth or profitability.
• Neutral Sentiment: Analysts’ consensus price target remains well above the current trading range, which leaves room for upside but does not guarantee near-term movement.
• Negative Sentiment: CEO Brian Chesky sold 62,764 shares, and Director Joseph Gebbia sold 265,000 shares, which can pressure sentiment because insider selling sometimes signals limited near-term upside. SEC filing for Joseph Gebbia sale SEC filing for Brian Chesky sales
• Negative Sentiment: Airbnb recently missed analyst EPS estimates, keeping some pressure on the stock as investors assess whether margins can keep up with revenue growth.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Needham & Company LLC assumed coverage on Airbnb in a report on Monday, May 4th. They set a “buy” rating for the company. Sanford C. Bernstein restated an “outperform” rating on shares of Airbnb in a research report on Friday, May 22nd. UBS Group raised their price objective on shares of Airbnb from $153.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Argus upgraded shares of Airbnb to a “strong-buy” rating in a research report on Tuesday, February 17th. Finally, Citizens Jmp raised their price objective on shares of Airbnb from $160.00 to $170.00 and gave the stock a “market outperform” rating in a research report on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $157.67.

Airbnb 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.