Airbnb, Inc. $ABNB Shares Acquired by Korea Investment CORP

Key Points

• Korea Investment CORP increased its stake in Airbnb by 44.0% in Q3 to 391,529 shares (an additional 119,637 shares), a position worth about $47.54 million at the end of the period.
• Airbnb's Q4 results showed a revenue beat ($2.78 billion vs. $2.71 billion est., +12.9% YoY) but an EPS miss of $0.56 versus a $0.66 consensus, while the company maintained a healthy net margin (20.51%).
• Insiders sold 485,858 shares worth $63.19 million over the past three months; insiders still own 27.91% of the company and institutional investors hold 80.76% of the stock.

Korea Investment CORP lifted its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB - Free Report) by 44.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 391,529 shares of the company's stock after buying an additional 119,637 shares during the period. Korea Investment CORP owned 0.06% of Airbnb worth $47,539,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of ABNB. Harris Associates L P lifted its holdings in Airbnb by 43.2% in the second quarter. Harris Associates L P now owns 14,237,331 shares of the company's stock worth $1,884,168,000 after acquiring an additional 4,292,383 shares during the last quarter. Norges Bank acquired a new position in Airbnb in the second quarter valued at approximately $483,644,000. Amundi boosted its stake in Airbnb by 112.3% in the second quarter. Amundi now owns 2,670,251 shares of the company's stock valued at $361,525,000 after acquiring an additional 1,412,608 shares during the period. Bank of Nova Scotia grew its holdings in shares of Airbnb by 1,232.7% during the second quarter. Bank of Nova Scotia now owns 956,188 shares of the company's stock valued at $126,542,000 after purchasing an additional 884,439 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Airbnb by 1.7% during the third quarter. Vanguard Group Inc. now owns 38,295,288 shares of the company's stock valued at $4,649,814,000 after purchasing an additional 649,323 shares during the last quarter. Institutional investors and hedge funds own 80.76% of the company's stock.

Airbnb Price Performance

Shares of ABNB opened at $133.23 on Monday. The firm's 50 day moving average is $130.56 and its 200-day moving average is $126.57. Airbnb, Inc. has a 12-month low of $99.88 and a 12-month high of $143.88. The stock has a market capitalization of $81.10 billion, a P/E ratio of 32.98, a P/E/G ratio of 1.50 and a beta of 1.12.

Airbnb (NASDAQ:ABNB - Get Free Report) last released its earnings results on Thursday, February 12th. The company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.10). The business had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.71 billion. Airbnb had a net margin of 20.51% and a return on equity of 30.88%. The firm's revenue for the quarter was up 12.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.73 earnings per share. As a group, equities research analysts forecast that Airbnb, Inc. will post 4.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Nathan Blecharczyk sold 36,370 shares of Airbnb stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $123.24, for a total value of $4,482,238.80. Following the transaction, the insider directly owned 11,520 shares in the company, valued at $1,419,724.80. The trade was a 75.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Joseph Gebbia sold 58,000 shares of the business's stock in a transaction on Monday, January 12th. The stock was sold at an average price of $138.45, for a total value of $8,030,100.00. Following the sale, the director directly owned 518,015 shares in the company, valued at $71,719,176.75. This trade represents a 10.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 485,858 shares of company stock worth $63,189,093 over the last three months. Corporate insiders own 27.91% of the company's stock.

Analysts Set New Price Targets

ABNB has been the topic of several recent research reports. B. Riley Financial raised Airbnb from a "neutral" rating to a "buy" rating and raised their price target for the stock from $140.00 to $170.00 in a report on Monday, January 12th. Cantor Fitzgerald set a $121.00 price objective on Airbnb in a research note on Friday, February 13th. Wedbush reaffirmed a "neutral" rating and issued a $130.00 target price on shares of Airbnb in a research report on Friday, February 13th. Argus upgraded Airbnb to a "strong-buy" rating in a research note on Tuesday, February 17th. Finally, BMO Capital Markets boosted their price target on shares of Airbnb from $130.00 to $140.00 and gave the company a "market perform" rating in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $149.42.

Key Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Seeking Alpha highlights accelerating bookings and strong free cash flow, reinforcing Airbnb’s operational momentum and cash-generation profile that support valuation. Article Title
• Positive Sentiment: Mizuho (reported by American Banking News) said ABNB’s stock is expected to rise, signaling at least one analyst view that upside remains and contributing to ongoing analyst support. Article Title
• Positive Sentiment: Coverage on eco‑tourism and product innovation points to differentiated demand (eco-conscious travelers, new product features) that could broaden demand and improve long‑term growth visibility. Article Title
• Neutral Sentiment: Q4 earnings roundups reiterate a mixed print: revenue beat but an EPS miss (reported in February), so fundamentals are improving but near‑term profitability metrics disappointed some expectations. Article Title
• Neutral Sentiment: Short‑interest reporting in the feeds shows anomalous/zero values and appears unreliable; it does not provide a clear short‑pressure signal at this time.
• Negative Sentiment: Benzinga and other outlets point to fresh escalations in the U.S.–Israel–Iran conflict as the immediate driver of weakness — geopolitical risk is reducing near‑term travel visibility and investor appetite for travel/leisure exposure. Article Title
• Negative Sentiment: Insider selling: CFO Elinor Mertz sold multiple small blocks of shares recently (3,750 shares on Mar 2), which some investors interpret as a modest negative signal despite the small size relative to overall insider holdings. Article Title

Airbnb Company 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.

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