Airbnb, Inc. $ABNB Shares Newly Purchased by CenterBook Partners LP

Key Points

• CenterBook Partners opened a new Airbnb position in the third quarter, buying 61,470 shares valued at about $9.9 million. Institutional investors collectively own 80.76% of the company’s stock.
• Airbnb’s latest quarter topped analyst expectations, with revenue of $4.87 billion, up 18.9% year over year, and earnings of $3.16 per share versus a $2.85 consensus estimate.
• Shares rose 11.7% in Friday trading to $189.99. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $193.85.

CenterBook Partners LP acquired a new position in shares of Airbnb, Inc. (NASDAQ:ABNB - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 61,470 shares of the company's stock, valued at approximately $9,875,000.

Several other hedge funds and other institutional investors also recently modified their holdings of ABNB. Allegiance Financial Group Advisory Services LLC grew its stake in Airbnb by 11.0% in the 3rd quarter. Allegiance Financial Group Advisory Services LLC now owns 6,084 shares of the company's stock worth $977,000 after buying an additional 604 shares in the last quarter. Alta Advisers Ltd raised its position in shares of Airbnb by 70.7% during the 3rd quarter. Alta Advisers Ltd now owns 2,977 shares of the company's stock valued at $478,000 after buying an additional 1,233 shares in the last quarter. Principle Wealth Partners LLC raised its position in shares of Airbnb by 6.1% during the 3rd quarter. Principle Wealth Partners LLC now owns 2,313 shares of the company's stock valued at $372,000 after buying an additional 133 shares in the last quarter. Kestra Advisory Services LLC raised its position in shares of Airbnb by 88.4% during the 3rd quarter. Kestra Advisory Services LLC now owns 18,289 shares of the company's stock valued at $2,938,000 after buying an additional 8,579 shares in the last quarter. Finally, Claro Advisors Inc. purchased a new position in Airbnb in the third quarter worth $301,000. Hedge funds and other institutional investors own 80.76% of the company's stock.

Airbnb Trading Up 11.7%

NASDAQ ABNB traded up $19.86 during trading on Friday, hitting $189.99. 12,748,005 shares of the company's stock traded hands, compared to its average volume of 3,328,964. The stock has a fifty day moving average of $169.07 and a two-hundred day moving average of $147.71. Airbnb, Inc. has a 12-month low of $110.81 and a 12-month high of $193.45. The firm has a market cap of $113.76 billion, a P/E ratio of 35.51, a PEG ratio of 1.96 and a beta of 1.26. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.41 and a quick ratio of 1.41.

Airbnb (NASDAQ:ABNB - Get Free Report) last released its earnings results on Thursday, November 5th. The company reported $3.16 earnings per share for the quarter, beating analysts' consensus estimates of $2.85 by $0.31. Airbnb had a return on equity of 33.38% and a net margin of 20.45%. The company had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.75 billion. During the same quarter in the previous year, the company posted $2.21 EPS. Airbnb's revenue for the quarter was up 18.9% on a year-over-year basis. As a group, sell-side analysts expect that Airbnb, Inc. will post 5.29 EPS for the current year.

Insider Transactions at Airbnb

In other Airbnb news, insider Nathan Blecharczyk sold 202,652 shares of Airbnb stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $190.28, for a total value of $38,560,622.56. Following the transaction, the insider directly owned 179,567 shares of the company's stock, valued at $34,168,008.76. The trade was a 53.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders sold 524,377 shares of company stock worth $98,303,710. 27.21% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ABNB. TD Cowen raised Airbnb to a "strong-buy" rating in a research note on Monday, September 14th. BMO Capital Markets lifted their price target on Airbnb from $146.00 to $165.00 and gave the stock a "market perform" rating in a research note on Monday, August 10th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $185.00 price objective on shares of Airbnb in a report on Friday. Oppenheimer raised their price objective on Airbnb from $210.00 to $230.00 and gave the company an "outperform" rating in a report on Friday. Finally, Mizuho set a $245.00 price objective on Airbnb in a report on Friday. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $193.85.

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb reported Q3 revenue of $4.87 billion, up 18.9% year over year and above estimates. Adjusted earnings of $3.16 per share also beat forecasts. Booking demand strengthened, with nights booked up 16%, marking the company’s fastest revenue growth in more than three years. Airbnb Q3 results
• Positive Sentiment: Management raised its 2026 revenue-growth outlook to the high teens from the mid teens and forecast Q4 revenue of $3.22 billion to $3.28 billion. Executives described the business as “back in growth mode,” citing resilient global travel demand and stronger bookings. Airbnb raises its annual outlook
• Positive Sentiment: The company authorized a $12 billion stock buyback, which could support shareholder returns. Management also pointed to AI-driven efficiency and hotel expansion as opportunities to improve operations and broaden growth. Q3 highlights, buyback and growth plans
• Positive Sentiment: Several analysts raised price targets after the results, including Oppenheimer, Citi and RBC, reinforcing the view that accelerating growth could support further gains. Analysts raise Airbnb price targets
• Neutral Sentiment: Some analysts remain cautious, arguing that valuation may limit upside despite the stronger outlook. Commentary also flagged possible effects from currency movements and a payment feature on reported results; these are potential caveats, not evidence that demand has weakened. Analysis of Q3 results and potential caveats

About Airbnb

Airbnb operates an online marketplace that connects travelers with hosts offering short-term stays and other travel-related services. Listings include apartments, houses, rooms and distinctive accommodations, with options ranging from brief visits to longer stays. The platform also offers bookable experiences in destinations around the world.

Founded in 2007 in San Francisco, Airbnb was started by Brian Chesky, Nathan Blecharczyk and Joe Gebbia. The company serves guests and hosts in more than 220 countries and regions, providing tools for listing properties, managing reservations and handling payments.

Brian Chesky is Airbnb's co-founder and chief executive officer.

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