2 weeks Ago By ABMN Staff
Thrivent Financial for Lutherans boosted its position in shares of Airbnb, Inc. ( NASDAQ:ABNB – Free Report ) by 11.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 19,729 shares of the company’s stock after acquiring an additional 1,969 shares during the period. Thrivent Financial for Lutherans’ holdings in Airbnb were worth $2,992,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also bought and sold shares of the company.
CHURCHILL MANAGEMENT Corp bought a new position in shares of Airbnb in the first quarter worth $7,628,000. Rafferty Asset Management LLC increased its stake in Airbnb by 18.4% in the 4th quarter.
Rafferty Asset Management LLC now owns 144,848 shares of the company’s stock worth $19,720,000 after acquiring an additional 22,551 shares during the last quarter. SteelPeak Wealth LLC raised its holdings in shares of Airbnb by 17.2% in the 1st quarter.
SteelPeak Wealth LLC now owns 6,708 shares of the company’s stock valued at $1,107,000 after acquiring an additional 985 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of Airbnb by 20.6% during the 1st quarter.
ProShare Advisors LLC now owns 488,869 shares of the company’s stock valued at $80,644,000 after acquiring an additional 83,383 shares during the last quarter. Finally, State of Tennessee Treasury Department grew its holdings in shares of Airbnb by 35.8% during the fourth quarter.
State of Tennessee Treasury Department now owns 143,254 shares of the company’s stock worth $19,503,000 after purchasing an additional 37,785 shares in the last quarter. Institutional investors own 80.76% of the company’s stock.
Insider Buying and Selling In other news, CTO Aristotle N. Balogh sold 600 shares of the firm’s stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $151.
29, for a total transaction of $90,774.00. Following the sale, the chief technology officer now owns 208,774 shares of the company’s stock, valued at approximately $31,585,418.
46. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . In other news, CTO Aristotle N.
Balogh sold 600 shares of the firm’s stock in a transaction on Tuesday, July 2nd. The stock was sold at an average price of $151.29, for a total value of $90,774.
00. Following the transaction, the chief technology officer now directly owns 208,774 shares in the company, valued at approximately $31,585,418.46.
The transaction was disclosed in a document filed with the SEC, which is accessible through this link . Also, CEO Brian Chesky sold 230,769 shares of Airbnb stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $120.
00, for a total value of $27,692,280.00. Following the completion of the sale, the chief executive officer now directly owns 13,315,912 shares of the company’s stock, valued at approximately $1,597,909,440.
The disclosure for this sale can be found here . Insiders have sold a total of 552,989 shares of company stock worth $75,824,030 in the last quarter. Corporate insiders own 27.
83% of the company’s stock. Airbnb Price Performance Airbnb ( NASDAQ:ABNB – Get Free Report ) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.
86 earnings per share for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.06).
Airbnb had a return on equity of 34.74% and a net margin of 46.11%.
The business had revenue of $2.75 billion during the quarter, compared to analysts’ expectations of $2.74 billion.
During the same quarter last year, the company posted $0.98 EPS. Airbnb’s revenue for the quarter was up 10.
6% compared to the same quarter last year. On average, sell-side analysts forecast that Airbnb, Inc. will post 4.
39 EPS for the current year. Wall Street Analysts Forecast Growth ABNB has been the topic of several research reports. Jefferies Financial Group lowered their price objective on shares of Airbnb from $125.
00 to $120.00 and set a “hold” rating on the stock in a research report on Wednesday, September 4th. Mizuho dropped their price target on Airbnb from $175.
00 to $170.00 and set an “outperform” rating for the company in a research note on Friday, September 13th. Argus lowered Airbnb from a “buy” rating to a “hold” rating in a research report on Wednesday, September 4th.
B. Riley decreased their price objective on Airbnb from $150.00 to $140.
00 and set a “neutral” rating on the stock in a report on Wednesday, August 7th. Finally, Robert W. Baird cut their target price on Airbnb from $140.
00 to $120.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. Five investment analysts have rated the stock with a sell rating, nineteen have given a hold rating and eight have issued a buy rating to the company’s stock.
Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $134.16.
Check Out Our Latest Stock Report on Airbnb Airbnb Profile ( 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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