Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Airbnb, Inc. NASDAQ: ABNB. In a filing disclosed on April 28th, the Representative disclosed that they had sold between $1,001 and $15,000 in Airbnb stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.
- Sold $15,001 - $50,000 in shares of Occidental Petroleum NYSE: OXY on 4/8/2025.
- Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 4/8/2025.
- Sold $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Best Buy NYSE: BBY on 4/8/2025.
- Sold $1,001 - $15,000 in shares of EOG Resources NYSE: EOG on 4/8/2025.
- Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Valero Energy NYSE: VLO on 4/8/2025.
Airbnb Stock Performance
Shares of ABNB stock opened at $125.49 on Wednesday. Airbnb, Inc. has a 12-month low of $99.88 and a 12-month high of $165.50. The business's fifty day simple moving average is $124.38 and its 200-day simple moving average is $131.78. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.24. The company has a market cap of $79.13 billion, a PE ratio of 30.38, a PEG ratio of 3.52 and a beta of 1.15.
Airbnb (NASDAQ:ABNB - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.12. Airbnb had a net margin of 23.85% and a return on equity of 32.29%. Analysts expect that Airbnb, Inc. will post 4.31 earnings per share for the current fiscal year.
Insider Transactions at Airbnb
In related news, CEO Brian Chesky sold 38,461 shares of the business's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $129.87, for a total value of $4,994,930.07. Following the sale, the chief executive officer now directly owns 12,421,986 shares in the company, valued at $1,613,243,321.82. The trade was a 0.31 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Joseph Gebbia sold 214,285 shares of the company's stock in a transaction dated Tuesday, April 22nd. The shares were sold at an average price of $114.22, for a total transaction of $24,475,632.70. Following the completion of the sale, the director now directly owns 2,080,585 shares in the company, valued at $237,644,418.70. This trade represents a 9.34 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,998,146 shares of company stock worth $272,401,900. Company insiders own 27.83% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. Piper Sandler decreased their price target on shares of Airbnb from $145.00 to $132.00 and set a "neutral" rating for the company in a report on Monday. JPMorgan Chase & Co. decreased their target price on Airbnb from $160.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Barclays increased their price target on Airbnb from $110.00 to $120.00 and gave the stock an "underweight" rating in a research report on Friday, February 14th. HSBC raised shares of Airbnb from a "hold" rating to a "buy" rating in a report on Friday, February 14th. Finally, Argus upgraded Airbnb from a "hold" rating to a "buy" rating in a research report on Wednesday, February 19th. Four research analysts have rated the stock with a sell rating, eighteen have issued a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Airbnb currently has a consensus rating of "Hold" and a consensus target price of $146.06.
View Our Latest Report on ABNB
Institutional Investors Weigh In On Airbnb
Several institutional investors and hedge funds have recently modified their holdings of ABNB. Verde Capital Management raised its position in Airbnb by 25.3% in the 4th quarter. Verde Capital Management now owns 21,118 shares of the company's stock valued at $2,775,000 after purchasing an additional 4,269 shares in the last quarter. Tri Ri Asset Management Corp purchased a new stake in Airbnb in the third quarter valued at approximately $6,352,000. Baltimore Washington Financial Advisors Inc. grew its position in Airbnb by 14.8% during the 4th quarter. Baltimore Washington Financial Advisors Inc. now owns 49,447 shares of the company's stock worth $6,498,000 after purchasing an additional 6,357 shares during the last quarter. Assenagon Asset Management S.A. increased its position in Airbnb by 40.5% in the 4th quarter. Assenagon Asset Management S.A. now owns 685,817 shares of the company's stock valued at $90,123,000 after acquiring an additional 197,558 shares during the period. Finally, Sarasin & Partners LLP purchased a new stake in shares of Airbnb during the fourth quarter worth approximately $2,272,000. Hedge funds and other institutional investors own 80.76% of the company's stock.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
Airbnb Company Profile
(
Get Free Report)
Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company's marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.
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