Jan 20, 2025

Short Interest in Airbnb, Inc. (NASDAQ:ABNB) Drops By 5.3% Posted by MarketBeat News on Jan 20th, 2025 Airbnb, Inc. ( NASDAQ:ABNB – Get Free Report ) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 14,360,000 shares, a decrease of 5.3% from the December 15th total of 15,160,000 shares. Based on an average daily volume of 4,440,000 shares, the short-interest ratio is presently 3.2 days. Airbnb Trading Up 2.2 % Shares of ABNB stock opened at $135.12 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. The business has a 50-day moving average of $134.16 and a 200 day moving average of $131.95. The stock has a market capitalization of $85.66 billion, a PE ratio of 47.41, a P/E/G ratio of 1.63 and a beta of 1.13. Airbnb has a 1-year low of $110.38 and a 1-year high of $170.10. Get Airbnb alerts: Airbnb ( NASDAQ:ABNB – Get Free Report ) last issued its earnings results on Thursday, November 7th. The company reported $2.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.17 by ($0.04). Airbnb had a return on equity of 32.88% and a net margin of 16.96%. The firm had revenue of $3.73 billion during the quarter, compared to the consensus estimate of $3.72 billion. During the same quarter in the prior year, the business posted $2.39 EPS. As a group, sell-side analysts anticipate that Airbnb will post 3.99 earnings per share for the current year. Insider Buying and Selling at Airbnb Want More Great Investing Ideas? In other Airbnb news, CAO David C. Bernstein sold 1,000 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $137.00, for a total transaction of $137,000.00. Following the sale, the chief accounting officer now directly owns 40,581 shares of the company’s stock, valued at $5,559,597. This represents a 2.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . Also, CEO Brian Chesky sold 76,923 shares of Airbnb stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $139.94, for a total transaction of $10,764,604.62. Following the completion of the transaction, the chief executive officer now owns 12,616,300 shares of the company’s stock, valued at $1,765,525,022. The trade was a 0.61 % decrease in their position. The disclosure for this sale can be found here . Over the last ninety days, insiders sold 1,130,982 shares of company stock valued at $150,523,585. Company insiders own 27.83% of the company’s stock. Hedge Funds Weigh In On Airbnb A number of hedge funds have recently modified their holdings of ABNB. Pacer Advisors Inc. boosted its holdings in shares of Airbnb by 6,085.6% during the third quarter. Pacer Advisors Inc. now owns 4,241,557 shares of the company’s stock worth $537,872,000 after purchasing an additional 4,172,985 shares during the period. Meritage Group LP purchased a new stake in Airbnb in the 3rd quarter worth approximately $160,985,000. Edgewood Management LLC grew its position in shares of Airbnb by 9.2% in the 3rd quarter. Edgewood Management LLC now owns 13,582,433 shares of the company’s stock worth $1,722,388,000 after buying an additional 1,143,464 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of Airbnb by 19,430.3% in the 3rd quarter. International Assets Investment Management LLC now owns 1,119,479 shares of the company’s stock worth $1,419,610,000 after buying an additional 1,113,747 shares during the last quarter. Finally, Temasek Holdings Private Ltd increased its stake in shares of Airbnb by 91.3% during the third quarter. Temasek Holdings Private Ltd now owns 2,324,151 shares of the company’s stock valued at $294,726,000 after buying an additional 1,109,076 shares during the period. Hedge funds and other institutional investors own 80.76% of the company’s stock. Analyst Upgrades and Downgrades A number of equities analysts have recently commented on ABNB shares. Raymond James assumed coverage on Airbnb in a report on Friday, September 27th. They issued a “market perform” rating and a $134.00 price target for the company. UBS Group raised their target price on Airbnb from $134.00 to $144.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. Jefferies Financial Group lifted their target price on Airbnb from $120.00 to $135.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Robert W. Baird increased their price target on shares of Airbnb from $120.00 to $140.00 and gave the stock a “neutral” rating in a report on Friday, November 8th. Finally, Bank of America boosted their price objective on shares of Airbnb from $154.00 to $159.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. Six analysts have rated the stock with a sell rating, twenty have given a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $139.63.