1,366 Shares in Airbnb, Inc. (NASDAQ:ABNB) Bought by R Squared Ltd

R Squared Ltd bought a new position in Airbnb, Inc. (NASDAQ:ABNB) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 1,366 shares of the company’s stock, valued at approximately $180,000.

Several other institutional investors and hedge funds also recently bought and sold shares of ABNB. Northwest Investment Counselors LLC purchased a new position in shares of Airbnb during the 3rd quarter valued at about $25,000. Berbice Capital Management LLC purchased a new position in Airbnb during the fourth quarter valued at approximately $26,000. Hollencrest Capital Management lifted its holdings in Airbnb by 6,666.7% during the third quarter. Hollencrest Capital Management now owns 203 shares of the company’s stock valued at $26,000 after purchasing an additional 200 shares in the last quarter. Ashton Thomas Securities LLC purchased a new position in Airbnb during the third quarter valued at approximately $30,000. Finally, Quarry LP bought a new position in shares of Airbnb in the third quarter worth approximately $55,000. 80.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ABNB has been the topic of a number of analyst reports. Susquehanna lifted their target price on shares of Airbnb from $130.00 to $160.00 and gave the company a “positive” rating in a research note on Monday, November 11th. Benchmark reaffirmed a “buy” rating and issued a $155.00 price objective on shares of Airbnb in a research note on Friday, November 8th. Robert W. Baird lifted their target price on Airbnb from $120.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, November 8th. Evercore ISI upped their price target on Airbnb to $155.00 and gave the stock a “hold” rating in a research note on Wednesday, January 15th. Finally, Phillip Securities reiterated a “reduce” rating and set a $120.00 price objective on shares of Airbnb in a research report on Tuesday, November 12th. Six research analysts have rated the stock with a sell rating, twenty have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Airbnb currently has an average rating of “Hold” and a consensus target price of $139.63.

Airbnb Stock Up 1.2 %

NASDAQ:ABNB opened at $132.58 on Thursday. The company has a market cap of $84.05 billion, a price-to-earnings ratio of 46.52, a price-to-earnings-growth ratio of 1.80 and a beta of 1.13. Airbnb, Inc. has a twelve month low of $110.38 and a twelve month high of $170.10. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23. The stock has a fifty day simple moving average of $133.84 and a 200-day simple moving average of $130.88.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings data on Thursday, November 7th. The company reported $2.13 earnings per share for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.04). The company had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.72 billion. Airbnb had a net margin of 16.96% and a return on equity of 32.88%. During the same quarter in the previous year, the business earned $2.39 EPS. Analysts anticipate that Airbnb, Inc. will post 3.98 EPS for the current year.

Insider Activity at Airbnb

In other Airbnb news, CTO Aristotle N. Balogh sold 500 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $136.01, for a total value of $68,005.00. Following the completion of the sale, the chief technology officer now directly owns 185,414 shares in the company, valued at approximately $25,218,158.14. This represents a 0.27 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Nathan Blecharczyk sold 9,603 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $130.22, for a total value of $1,250,502.66. Following the transaction, the insider now owns 164,850 shares in the company, valued at approximately $21,466,767. This represents a 5.50 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,157,308 shares of company stock worth $153,981,848. Company insiders own 27.83% of the company’s stock.

Airbnb Company Profile

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.