Metis Global Partners LLC Has $3.04 Million Stock Position in Airbnb, Inc. $ABNB

Metis Global Partners LLC lowered its stake in shares of Airbnb, Inc. (NASDAQ:ABNB) by 9.0% during the second quarter, HoldingsChannel reports. The firm owned 22,975 shares of the company’s stock after selling 2,280 shares during the quarter. Metis Global Partners LLC’s holdings in Airbnb were worth $3,041,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ABNB. DDD Partners LLC raised its position in Airbnb by 3.9% during the second quarter. DDD Partners LLC now owns 2,041 shares of the company’s stock worth $270,000 after acquiring an additional 76 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Airbnb by 1.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 5,058 shares of the company’s stock worth $604,000 after purchasing an additional 78 shares during the last quarter. Harbour Investments Inc. raised its holdings in shares of Airbnb by 12.2% in the 1st quarter. Harbour Investments Inc. now owns 738 shares of the company’s stock valued at $88,000 after purchasing an additional 80 shares during the period. E Fund Management Hong Kong Co. Ltd. lifted its stake in Airbnb by 70.9% in the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 200 shares of the company’s stock valued at $26,000 after purchasing an additional 83 shares during the last quarter. Finally, Trivium Point Advisory LLC grew its holdings in Airbnb by 3.0% during the first quarter. Trivium Point Advisory LLC now owns 3,408 shares of the company’s stock worth $407,000 after purchasing an additional 99 shares during the period. 80.76% of the stock is owned by institutional investors.

Airbnb Stock Performance

ABNB opened at $120.88 on Monday. The stock has a fifty day moving average of $123.89 and a 200-day moving average of $128.87. The company has a market capitalization of $75.12 billion, a P/E ratio of 28.71, a P/E/G ratio of 2.21 and a beta of 1.11. Airbnb, Inc. has a fifty-two week low of $99.88 and a fifty-two week high of $163.93.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings results on Thursday, November 6th. The company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.31 by ($0.10). Airbnb had a net margin of 22.03% and a return on equity of 32.14%. The business had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.08 billion. During the same quarter last year, the company posted $2.13 earnings per share. The company’s revenue was up 9.9% on a year-over-year basis. Airbnb has set its Q4 2025 guidance at EPS. On average, equities research analysts predict that Airbnb, Inc. will post 4.31 earnings per share for the current fiscal year.

Insider Transactions at Airbnb

In other news, Director Joseph Gebbia sold 236,000 shares of Airbnb stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $119.22, for a total value of $28,135,920.00. Following the completion of the sale, the director directly owned 704,015 shares in the company, valued at approximately $83,932,668.30. The trade was a 25.11% 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, insider Nathan Blecharczyk sold 2,246 shares of the stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $125.20, for a total value of $281,199.20. Following the sale, the insider directly owned 182,514 shares in the company, valued at $22,850,752.80. This represents a 1.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,446,760 shares of company stock valued at $179,726,429. 27.83% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ABNB shares. KeyCorp initiated coverage on Airbnb in a research note on Thursday, October 23rd. They issued a “sector weight” rating on the stock. Zacks Research raised Airbnb to a “hold” rating in a report on Tuesday, August 12th. BNP Paribas raised shares of Airbnb to a “hold” rating in a research report on Wednesday, July 16th. Jefferies Financial Group dropped their price objective on shares of Airbnb from $165.00 to $160.00 and set a “buy” rating on the stock in a research report on Monday, August 11th. Finally, Citizens Jmp raised shares of Airbnb to a “hold” rating in a report on Monday, August 11th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $142.44.

About Airbnb

Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.