2 weeks Ago By ABMN Staff
Airbnb ( NASDAQ:ABNB – Free Report ) had its price objective hoisted by Susquehanna from $130.00 to $160.00 in a report issued on Monday, Benzinga reports.
Susquehanna currently has a positive rating on the stock. A number of other equities research analysts have also recently issued reports on the company. Raymond James initiated coverage on Airbnb in a report on Friday, September 27th.
They set a “market perform” rating and a $134.00 price objective for the company. Jefferies Financial Group boosted their price objective on Airbnb from $120.
00 to $135.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. TD Cowen boosted their price objective on Airbnb from $150.
00 to $155.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Robert W.
Baird boosted their price objective on Airbnb from $120.00 to $140.00 and gave the stock a “neutral” rating in a report on Friday, November 8th.
Finally, Barclays boosted their price objective on Airbnb from $100.00 to $110.00 and gave the stock an “underweight” rating in a report on Friday, November 8th.
Six analysts have rated the stock with a sell rating, nineteen have issued a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $139.31.
Get Our Latest Stock Report on Airbnb Airbnb Trading Up 1.4 % Airbnb ( NASDAQ:ABNB – Get Free Report ) last posted its quarterly earnings results on Thursday, November 7th. The company reported $2.
13 EPS for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.04).
Airbnb had a return on equity of 32.88% and a net margin of 16.96%.
The business had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.72 billion.
During the same quarter in the previous year, the business posted $2.39 EPS. Analysts expect that Airbnb will post 4.
04 earnings per share for the current year. Insider Transactions at Airbnb In related news, CEO Brian Chesky sold 230,769 shares of the business’s stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $120.
00, for a total value of $27,692,280.00. Following the sale, the chief executive officer now owns 13,315,912 shares of the company’s stock, valued at $1,597,909,440.
The trade was a 1.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website .
Also, CTO Aristotle N. Balogh sold 600 shares of the business’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $118.
94, for a total transaction of $71,364.00. Following the completion of the sale, the chief technology officer now directly owns 198,244 shares in the company, valued at approximately $23,579,141.
36. This represents a 0.30 % decrease in their position.
The disclosure for this sale can be found here . Over the last ninety days, insiders sold 417,806 shares of company stock worth $51,809,831. Corporate insiders own 27.
83% of the company’s stock. Institutional Trading of Airbnb Several institutional investors have recently modified their holdings of ABNB. Transcendent Capital Group LLC bought a new stake in shares of Airbnb in the first quarter worth $25,000.
Northwest Investment Counselors LLC bought a new stake in Airbnb during the third quarter valued at $25,000. Hollencrest Capital Management boosted its position in Airbnb by 6,666.7% during the third quarter.
Hollencrest Capital Management now owns 203 shares of the company’s stock valued at $26,000 after acquiring an additional 200 shares during the last quarter. New Millennium Group LLC bought a new stake in Airbnb during the second quarter valued at $28,000. Finally, Cultivar Capital Inc.
bought a new stake in Airbnb during the second quarter valued at $30,000. Institutional investors own 80.76% of the company’s stock.
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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