Assenagon Asset Administration S.A. trimmed its place in shares of Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 71.2% within the third quarter, in line with the corporate in its most up-to-date submitting with the Securities and Trade Fee (SEC). The fund owned 488,259 shares of the corporate’s inventory after promoting 1,205,229 shares through the quarter. Assenagon Asset Administration S.A. owned roughly 0.08% of Airbnb price $61,916,000 as of its most up-to-date submitting with the Securities and Trade Fee (SEC).
A number of different giant traders have additionally made adjustments to their positions in ABNB. Jennison Associates LLC lifted its stake in Airbnb by 57.9% within the first quarter. Jennison Associates LLC now owns 10,632,035 shares of the corporate’s inventory valued at $1,753,860,000 after buying an extra 3,899,179 shares over the last quarter. Worth T Rowe Associates Inc. MD lifted its stake in shares of Airbnb by 158.1% within the 1st quarter. Worth T Rowe Associates Inc. MD now owns 5,809,152 shares of the corporate’s inventory valued at $958,279,000 after buying an extra 3,558,178 shares over the last quarter. Farallon Capital Administration LLC acquired a brand new stake in shares of Airbnb within the 1st quarter valued at $265,292,000. Worldwide Property Funding Administration LLC boosted its holdings in Airbnb by 19,430.3% within the third quarter. Worldwide Property Funding Administration LLC now owns 1,119,479 shares of the corporate’s inventory price $1,419,610,000 after buying an extra 1,113,747 shares within the final quarter. Lastly, Swedbank AB acquired a brand new place in Airbnb through the first quarter price $175,496,000. Institutional traders personal 80.76% of the corporate’s inventory.
Wall Avenue Analyst Weigh In
ABNB has been the topic of a lot of analyst stories. Needham & Firm LLC reaffirmed a “maintain” score on shares of Airbnb in a analysis report on Wednesday, August seventh. B. Riley lowered their goal value on Airbnb from $150.00 to $140.00 and set a “impartial” score for the corporate in a report on Wednesday, August seventh. Sanford C. Bernstein lowered their value goal on Airbnb from $174.00 to $155.00 and set an “outperform” score on the inventory in a report on Tuesday, September seventeenth. Raymond James initiated protection on shares of Airbnb in a analysis word on Friday, September twenty seventh. They issued a “market carry out” score and a $134.00 value goal for the corporate. Lastly, Argus lowered shares of Airbnb from a “purchase” score to a “maintain” score in a analysis word on Wednesday, September 4th. 5 analysts have rated the inventory with a promote score, nineteen have assigned a maintain score and eight have assigned a purchase score to the corporate. Based mostly on information from MarketBeat, the corporate presently has a mean score of “Maintain” and a consensus value goal of $135.35.
Learn Our Newest Inventory Report on Airbnb
Airbnb Worth Efficiency
Shares of ABNB inventory opened at $132.75 on Friday. The corporate has a debt-to-equity ratio of 0.25, a present ratio of 1.41 and a fast ratio of 1.41. The inventory’s fifty day easy shifting common is $124.32 and its 200 day easy shifting common is $139.42. Airbnb, Inc. has a one yr low of $110.38 and a one yr excessive of $170.10. The agency has a market cap of $85.50 billion, a price-to-earnings ratio of 17.77, a P/E/G ratio of 1.83 and a beta of 1.17.
Airbnb (NASDAQ:ABNB – Get Free Report) final posted its earnings outcomes on Tuesday, August sixth. The corporate reported $0.86 earnings per share for the quarter, lacking the consensus estimate of $0.92 by ($0.06). Airbnb had a return on fairness of 34.74% and a web margin of 46.11%. The agency had income of $2.75 billion through the quarter, in comparison with the consensus estimate of $2.74 billion. Throughout the identical interval within the earlier yr, the corporate posted $0.98 EPS. The agency’s income for the quarter was up 10.6% in comparison with the identical quarter final yr. On common, analysts count on that Airbnb, Inc. will submit 4.33 earnings per share for the present fiscal yr.
Insider Transactions at Airbnb
In different information, CEO Brian Chesky offered 230,769 shares of the enterprise’s inventory in a transaction that occurred on Tuesday, September seventeenth. The inventory was offered at a mean value of $120.00, for a complete worth of $27,692,280.00. Following the transaction, the chief govt officer now instantly owns 13,315,912 shares of the corporate’s inventory, valued at $1,597,909,440. The commerce was a 0.00 % lower of their place. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is obtainable by way of the SEC web site. In different Airbnb information, CTO Aristotle N. Balogh offered 600 shares of the agency’s inventory in a transaction dated Tuesday, August twentieth. The shares have been offered at a mean value of $118.94, for a complete worth of $71,364.00. Following the completion of the sale, the chief know-how officer now owns 198,244 shares within the firm, valued at roughly $23,579,141.36. This commerce represents a 0.00 % lower of their place. The transaction was disclosed in a authorized submitting with the SEC, which will be accessed by way of this hyperlink. Additionally, CEO Brian Chesky offered 230,769 shares of the inventory in a transaction that occurred on Tuesday, September seventeenth. The shares have been offered at a mean value of $120.00, for a complete transaction of $27,692,280.00. Following the sale, the chief govt officer now instantly owns 13,315,912 shares within the firm, valued at $1,597,909,440. This commerce represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale will be discovered right here. Over the past 90 days, insiders offered 406,171 shares of firm inventory valued at $50,208,253. Company insiders personal 27.83% of the corporate’s inventory.
About Airbnb
Airbnb, Inc, along with its subsidiaries, operates a platform that allows hosts to supply stays and experiences to company worldwide. The corporate’s market connects hosts and company on-line or by way of cellular units to ebook areas and experiences. It primarily provides non-public rooms, main properties, and trip properties.
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