Daymark Wealth Companions LLC trimmed its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 10.8% within the third quarter, HoldingsChannel stories. The institutional investor owned 1,851 shares of the corporate’s inventory after promoting 223 shares throughout the interval. Daymark Wealth Companions LLC’s holdings in Airbnb had been price $235,000 on the finish of the newest reporting interval.
A lot of different hedge funds and different institutional traders have additionally lately made modifications to their positions in ABNB. Scarborough Advisors LLC bought a brand new place in Airbnb throughout the fourth quarter valued at $231,000. Chicago Companions Funding Group LLC raised its place in shares of Airbnb by 30.6% throughout the 4th quarter. Chicago Companions Funding Group LLC now owns 2,380 shares of the corporate’s inventory price $336,000 after buying an extra 557 shares over the past quarter. Neo Ivy Capital Administration bought a brand new place in Airbnb within the 4th quarter valued at about $217,000. Lecturers Retirement System of The State of Kentucky boosted its holdings in Airbnb by 15.5% within the 4th quarter. Lecturers Retirement System of The State of Kentucky now owns 36,810 shares of the corporate’s inventory price $5,012,000 after shopping for an extra 4,943 shares over the past quarter. Lastly, Syon Capital LLC acquired a brand new stake in Airbnb within the 4th quarter price about $597,000. Hedge funds and different institutional traders personal 80.76% of the corporate’s inventory.
Airbnb Worth Efficiency
Airbnb inventory opened at $134.40 on Friday. The corporate’s 50 day easy transferring common is $121.62 and its 200-day easy transferring common is $141.13. The corporate has a debt-to-equity ratio of 0.25, a fast ratio of 1.41 and a present ratio of 1.41. Airbnb, Inc. has a 1 12 months low of $110.38 and a 1 12 months excessive of $170.10. The corporate has a market capitalization of $86.23 billion, a price-to-earnings ratio of 18.29, a price-to-earnings-growth ratio of 1.83 and a beta of 1.17.
Airbnb (NASDAQ:ABNB – Get Free Report) final introduced its earnings outcomes on Tuesday, August sixth. The corporate reported $0.86 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $0.92 by ($0.06). Airbnb had a internet margin of 46.11% and a return on fairness of 34.74%. The agency had income of $2.75 billion throughout the quarter, in comparison with analysts’ expectations of $2.74 billion. Throughout the identical interval within the earlier 12 months, the agency earned $0.98 EPS. The agency’s income for the quarter was up 10.6% in comparison with the identical quarter final 12 months. As a gaggle, equities analysis analysts count on that Airbnb, Inc. will put up 4.33 earnings per share for the present 12 months.
Analyst Scores Adjustments
A lot of equities analysts have commented on ABNB shares. Mizuho lowered their goal value on Airbnb from $175.00 to $170.00 and set an “outperform” ranking for the corporate in a report on Friday, September thirteenth. Truist Monetary decreased their value goal on Airbnb from $134.00 to $124.00 and set a “maintain” ranking on the inventory in a report on Wednesday, September 4th. B. Riley dropped their goal value on shares of Airbnb from $150.00 to $140.00 and set a “impartial” ranking for the corporate in a report on Wednesday, August seventh. Argus downgraded shares of Airbnb from a “purchase” ranking to a “maintain” ranking in a analysis notice on Wednesday, September 4th. Lastly, Wells Fargo & Firm upped their value goal on shares of Airbnb from $100.00 to $102.00 and gave the corporate an “underweight” ranking in a analysis notice on Tuesday. 5 equities analysis analysts have rated the inventory with a promote ranking, nineteen have given a maintain ranking and eight have issued a purchase ranking to the corporate’s inventory. Primarily based on knowledge from MarketBeat, the inventory presently has a median ranking of “Maintain” and a consensus goal value of $134.55.
View Our Newest Inventory Report on ABNB
Insider Exercise at Airbnb
In associated information, CEO Brian Chesky offered 230,769 shares of the agency’s inventory in a transaction dated Tuesday, September seventeenth. The inventory was offered at a median value of $120.00, for a complete transaction of $27,692,280.00. Following the completion of the transaction, the chief govt officer now straight owns 13,315,912 shares within the firm, valued at $1,597,909,440. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a authorized submitting with the SEC, which is out there by this hyperlink. In different information, CTO Aristotle N. Balogh offered 600 shares of the corporate’s inventory in a transaction on Tuesday, July sixteenth. The inventory was offered at a median value of $148.47, for a complete transaction of $89,082.00. Following the sale, the chief know-how officer now owns 207,574 shares of the corporate’s inventory, valued at roughly $30,818,511.78. This represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which may be accessed by the SEC web site. Additionally, CEO Brian Chesky offered 230,769 shares of the inventory in a transaction on Tuesday, September seventeenth. The shares had been offered at a median value of $120.00, for a complete worth of $27,692,280.00. Following the completion of the sale, the chief govt officer now owns 13,315,912 shares within the firm, valued at roughly $1,597,909,440. The commerce was a 0.00 % lower of their possession of the inventory. The disclosure for this sale may be discovered right here. Within the final 90 days, insiders have offered 563,496 shares of firm inventory price $74,262,814. 27.83% of the inventory is presently owned by firm insiders.
Airbnb Firm Profile
Airbnb, Inc, along with its subsidiaries, operates a platform that permits hosts to supply stays and experiences to friends worldwide. The corporate’s market connects hosts and friends on-line or by cell units to ebook areas and experiences. It primarily affords personal rooms, main properties, and trip properties.
Additional Studying
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