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PFA Pension Forsikringsaktieselskab Invests $56.91 Million in Airbnb, Inc. $ABNB

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Key Points

  • PFA Pension acquired a new position of 415,665 Airbnb shares valued at about $56.91 million, representing roughly 0.07% ownership of the company.
  • Airbnb's latest quarter missed EPS ($0.56 vs. $0.66) but revenue of $2.78 billion beat estimates and rose 12.9% year‑over‑year; the stock trades at a market cap near $86.2 billion with a P/E of 35.06.
  • Insiders have sold about 399,075 shares (~$52.2M) over the last three months (including a 58,000‑share sale by director Joseph Gebbia), while institutional ownership is ~80.76% and analysts' consensus is a Moderate Buy with a $151.73 target.
  • MarketBeat previews the top five stocks to own by June 1st.

PFA Pension Forsikringsaktieselskab acquired a new position in Airbnb, Inc. (NASDAQ:ABNB - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 415,665 shares of the company's stock, valued at approximately $56,909,000. PFA Pension Forsikringsaktieselskab owned about 0.07% of Airbnb as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in ABNB. Aster Capital Management DIFC Ltd bought a new stake in shares of Airbnb in the 3rd quarter worth approximately $25,000. ORG Partners LLC grew its position in shares of Airbnb by 97.0% in the 4th quarter. ORG Partners LLC now owns 195 shares of the company's stock worth $26,000 after buying an additional 96 shares during the last quarter. Sunbelt Securities Inc. grew its position in shares of Airbnb by 397.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 219 shares of the company's stock worth $27,000 after buying an additional 175 shares during the last quarter. Wiser Advisor Group LLC bought a new stake in shares of Airbnb in the 3rd quarter worth approximately $27,000. Finally, Aventura Private Wealth LLC bought a new stake in shares of Airbnb in the 4th quarter worth approximately $29,000. 80.76% of the stock is currently owned by institutional investors.

Airbnb Stock Up 0.9%

NASDAQ ABNB opened at $141.66 on Friday. Airbnb, Inc. has a twelve month low of $110.81 and a twelve month high of $147.25. The firm has a market capitalization of $86.23 billion, a PE ratio of 35.06, a P/E/G ratio of 1.73 and a beta of 1.20. The stock's 50 day moving average is $132.54 and its 200 day moving average is $128.92.

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). Airbnb had a return on equity of 30.88% and a net margin of 20.51%.The company had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period last year, the firm posted $0.73 earnings per share. The company's revenue was up 12.9% compared to the same quarter last year. On average, research analysts anticipate that Airbnb, Inc. will post 4.94 earnings per share for the current year.

Key Headlines Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

Insiders Place Their Bets

In other Airbnb news, Director Joseph Gebbia sold 58,000 shares of the business's stock in a transaction on Monday, April 20th. The stock was sold at an average price of $142.59, for a total value of $8,270,220.00. Following the sale, the director directly owned 112,015 shares of the company's stock, valued at approximately $15,972,218.85. The trade was a 34.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Elinor Mertz sold 3,750 shares of the business's stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $130.99, for a total value of $491,212.50. Following the completion of the sale, the chief financial officer directly owned 394,359 shares in the company, valued at $51,657,085.41. This trade represents a 0.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 399,075 shares of company stock valued at $52,168,585. 27.91% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

ABNB has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a "hold (c)" rating on shares of Airbnb in a research report on Monday, April 20th. Morgan Stanley set a $120.00 price objective on Airbnb in a research report on Friday, February 13th. BMO Capital Markets lifted their price objective on Airbnb from $130.00 to $140.00 and gave the stock a "market perform" rating in a research report on Friday, February 13th. TD Cowen lifted their price objective on Airbnb from $150.00 to $160.00 and gave the stock a "buy" rating in a research report on Friday, February 13th. Finally, Citizens Jmp upgraded Airbnb from a "market perform" rating to an "outperform" rating and set a $160.00 price target on the stock in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Airbnb currently has an average rating of "Moderate Buy" and a consensus target price of $151.73.

View Our Latest Stock Analysis on ABNB

Airbnb Profile

(Free Report)

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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Institutional Ownership by Quarter for Airbnb (NASDAQ:ABNB)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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