Airbnb (NASDAQ:ABNB) CTO Aristotle Balogh Sells 600 Shares

by · The Cerbat Gem

Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) CTO Aristotle Balogh sold 600 shares of Airbnb stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $121.38, for a total transaction of $72,828.00. Following the transaction, the chief technology officer owned 194,806 shares of the company’s stock, valued at $23,645,552.28. This represents a 0.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Airbnb Trading Down 3.6%

Shares of ABNB traded down $4.42 on Monday, reaching $117.60. The company’s stock had a trading volume of 5,064,253 shares, compared to its average volume of 5,155,176. The firm has a fifty day moving average of $123.40 and a 200-day moving average of $128.82. Airbnb, Inc. has a twelve month low of $99.88 and a twelve month high of $163.93. The stock has a market capitalization of $72.39 billion, a PE ratio of 27.93, a PEG ratio of 2.15 and a beta of 1.11.

Airbnb (NASDAQ:ABNB – Get Free Report) last posted its earnings results on Thursday, November 6th. The company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.31 by ($0.10). Airbnb had a return on equity of 32.14% and a net margin of 22.03%.The firm had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the previous year, the company earned $2.13 EPS. The business’s revenue was up 9.9% compared to the same quarter last year. Airbnb has set its Q4 2025 guidance at EPS. As a group, equities analysts anticipate that Airbnb, Inc. will post 4.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ABNB has been the subject of several analyst reports. Sanford C. Bernstein reiterated an “outperform” rating and issued a $165.00 price objective on shares of Airbnb in a research note on Friday, November 7th. BTIG Research reaffirmed a “neutral” rating on shares of Airbnb in a research report on Friday, November 7th. Barclays lifted their price target on Airbnb from $105.00 to $107.00 and gave the stock an “underweight” rating in a report on Friday, November 7th. Citizens Jmp upgraded Airbnb to a “hold” rating in a research note on Monday, August 11th. Finally, DA Davidson set a $155.00 target price on Airbnb in a research report on Friday. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, Airbnb presently has an average rating of “Hold” and a consensus price target of $143.31.

Check Out Our Latest Stock Report on Airbnb

Hedge Funds Weigh In On Airbnb

Institutional investors and hedge funds have recently bought and sold shares of the company. Kentucky Trust Co purchased a new position in shares of Airbnb during the 2nd quarter valued at $25,000. E Fund Management Hong Kong Co. Ltd. raised 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 acquiring an additional 83 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in Airbnb in the 3rd quarter valued at about $25,000. Concord Wealth Partners purchased a new stake in Airbnb during the second quarter valued at about $28,000. Finally, Whipplewood Advisors LLC boosted its position in Airbnb by 235.3% during the second quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock worth $30,000 after purchasing an additional 160 shares during the period. 80.76% of the stock is owned by institutional investors.

Airbnb Company Profile

(Get Free Report)

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.

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