Airbnb (NASDAQ:ABNB) Stock: Insider David Bernstein Sells 1,756 Shares

Key Points

• Airbnb Chief Accounting Officer David Bernstein sold 1,756 shares at an average price of $167.38, worth about $294,000. He retained 43,899 shares after the sale.
• Airbnb shares rose 5.6% in Wednesday trading to $176.37.
• In its latest reported quarter, Airbnb posted EPS of $1.37, beating the $1.26 consensus, while revenue of $3.61 billion increased 16.3% year over year.

Airbnb, Inc. (NASDAQ:ABNB - Get Free Report) CAO David Bernstein sold 1,756 shares of the business's stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $167.38, for a total value of $293,919.28. Following the completion of the transaction, the chief accounting officer owned 43,899 shares in the company, valued at approximately $7,347,814.62. This trade represents a 3.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Airbnb Stock Up 5.6%

NASDAQ ABNB traded up $9.41 during mid-day trading on Wednesday, reaching $176.37. 5,709,729 shares of the company's stock traded hands, compared to its average volume of 4,267,609. Airbnb, Inc. has a 1-year low of $110.81 and a 1-year high of $193.45. The company has a fifty day simple moving average of $169.60 and a 200-day simple moving average of $147.00. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.32. The company has a market cap of $105.61 billion, a price-to-earnings ratio of 40.08, a P/E/G ratio of 1.96 and a beta of 1.26.

Airbnb (NASDAQ:ABNB - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.26 by $0.11. Airbnb had a return on equity of 33.38% and a net margin of 20.45%. The company had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same period in the prior year, the company posted $1.03 EPS. Airbnb's quarterly revenue was up 16.3% on a year-over-year basis. As a group, equities research analysts expect that Airbnb, Inc. will post 5.29 EPS for the current year.

Hedge Funds Weigh In On Airbnb

Institutional investors have recently made changes to their positions in the stock. Carmignac Gestion boosted its stake in Airbnb by 40.8% during the first quarter. Carmignac Gestion now owns 659,570 shares of the company's stock valued at $83,290,000 after buying an additional 191,200 shares in the last quarter. OMERS ADMINISTRATION Corp raised its position in Airbnb by 21.7% in the first quarter. OMERS ADMINISTRATION Corp now owns 42,696 shares of the company's stock worth $5,392,000 after acquiring an additional 7,613 shares in the last quarter. ZWJ Investment Counsel Inc. raised its position in Airbnb by 16.5% in the third quarter. ZWJ Investment Counsel Inc. now owns 85,116 shares of the company's stock worth $13,674,000 after acquiring an additional 12,025 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in Airbnb by 114.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 3,401,521 shares of the company's stock valued at $546,454,000 after acquiring an additional 1,816,522 shares during the last quarter. Finally, Plato Investment Management Ltd acquired a new stake in Airbnb in the 2nd quarter valued at about $3,070,000. 80.76% of the stock is owned by institutional investors.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb has added more than 1 million listings to American Express Travel. Eligible U.S. cardholders can earn Membership Rewards points and receive statement credits on qualifying bookings, giving Airbnb access to another booking channel and Amex’s travel customers. Article: Airbnb Brings Over 1 Million Listings To A Major Card Travel Portal
• Positive Sentiment: UBS raised its price target to $181 from $172 while maintaining a neutral rating. The higher target suggests modest potential upside, though the unchanged rating signals a measured view.
• Neutral Sentiment: Analysts see strong travel demand, bookings growth and AI-related improvements as possible supports for Q3 results, while higher costs could weigh on margins. Investors are likely to focus on booking trends, profitability and the outlook. Article: Airbnb to Report Q3 Earnings: What's in Store for the Stock?
• Neutral Sentiment: CEO Brian Chesky said his shift toward a more hands-on “founder mode” contributed to the departure of executives who did not want to work under that approach. The comments add context about leadership and management, but the articles provide no new operating or financial guidance. Article: Airbnb CEO Brian Chesky says founder mode cost him almost his entire executive team
• Negative Sentiment: Options-market coverage points to a potentially large post-earnings move, with one analysis suggesting ABNB could decline after results. This is an indicator of uncertainty—not a guaranteed forecast—but may make investors cautious ahead of the report. Article: Ahead of Airbnb Earnings, Here's What Barchart Data Says Comes Next for ABNB Stock

Analysts Set New Price Targets

Several analysts have issued reports on the company. Evercore set a $200.00 price objective on Airbnb in a research note on Monday, August 24th. Sanford C. Bernstein reiterated an "outperform" rating on shares of Airbnb in a research report on Monday, October 12th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $190.00 price target (up from $175.00) on shares of Airbnb in a report on Monday, August 31st. Bank of America upped their price target on Airbnb from $160.00 to $175.00 in a research report on Friday, August 7th. Finally, BMO Capital Markets raised their price objective on Airbnb from $146.00 to $165.00 and gave the stock a "market perform" rating in a research note on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $182.65.

Airbnb Company Profile

Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and service providers. Its platform enables users to search for, book and review a broad range of stays, including private rooms, entire homes, apartments and other distinctive properties.

In addition to lodging, Airbnb offers experiences and activities hosted by local individuals and businesses. The company also provides tools and services that help hosts create listings, manage bookings, communicate with guests and receive payments.

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