Harvest Fund Administration Co. Ltd diminished its stake in shares of Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 48.7% throughout the second quarter, in accordance with its most up-to-date Type 13F submitting with the Securities and Trade Fee. The fund owned 2,643 shares of the corporate’s inventory after promoting 2,508 shares throughout the quarter. Harvest Fund Administration Co. Ltd’s holdings in Airbnb have been price $339,000 on the finish of the newest quarter.
A number of different giant traders have additionally just lately modified their holdings of ABNB. Column Capital Advisors LLC raised its holdings in Airbnb by 5.8% throughout the 1st quarter. Column Capital Advisors LLC now owns 1,455 shares of the corporate’s inventory valued at $181,000 after shopping for an extra 80 shares over the past quarter. Mirador Capital Companions LP raised its holdings in Airbnb by 1.5% within the first quarter. Mirador Capital Companions LP now owns 6,220 shares of the corporate’s inventory price $774,000 after buying an extra 90 shares within the final quarter. Meiji Yasuda Asset Administration Co Ltd. lifted its place in Airbnb by 2.2% throughout the first quarter. Meiji Yasuda Asset Administration Co Ltd. now owns 4,220 shares of the corporate’s inventory valued at $525,000 after shopping for an extra 90 shares throughout the interval. True Capital Administration boosted its holdings in shares of Airbnb by 1.0% throughout the 1st quarter. True Capital Administration now owns 9,500 shares of the corporate’s inventory valued at $1,182,000 after shopping for an extra 94 shares within the final quarter. Lastly, Macroview Funding Administration LLC elevated its stake in shares of Airbnb by 76.0% within the 1st quarter. Macroview Funding Administration LLC now owns 220 shares of the corporate’s inventory price $27,000 after buying an extra 95 shares within the final quarter. Hedge funds and different institutional traders personal 44.19% of the corporate’s inventory.
Insider Exercise at Airbnb
In associated information, CEO Brian Chesky offered 30,000 shares of the inventory in a transaction that occurred on Monday, July third. The shares have been offered at a median worth of $132.47, for a complete worth of $3,974,100.00. Following the completion of the transaction, the chief govt officer now immediately owns 17,333,931 shares of the corporate’s inventory, valued at roughly $2,296,225,839.57. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible via the SEC web site. In different Airbnb information, CTO Aristotle N. Balogh offered 2,750 shares of the agency’s inventory in a transaction that occurred on Monday, June twenty sixth. The shares have been offered at a median worth of $123.00, for a complete transaction of $338,250.00. Following the completion of the transaction, the chief expertise officer now immediately owns 203,401 shares of the corporate’s inventory, valued at roughly $25,018,323. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible via this hyperlink. Additionally, CEO Brian Chesky offered 30,000 shares of the agency’s inventory in a transaction that occurred on Monday, July third. The inventory was offered at a median worth of $132.47, for a complete transaction of $3,974,100.00. Following the transaction, the chief govt officer now immediately owns 17,333,931 shares of the corporate’s inventory, valued at $2,296,225,839.57. The disclosure for this sale could be discovered right here. Insiders offered 2,087,348 shares of firm inventory valued at $287,090,185 within the final three months. 30.84% of the inventory is owned by insiders.
Airbnb Inventory Efficiency
ABNB inventory opened at $144.12 on Friday. The agency has a market cap of $93.29 billion, a price-to-earnings ratio of 42.02, a PEG ratio of 1.91 and a beta of 1.29. The agency has a 50-day easy shifting common of $138.68 and a two-hundred day easy shifting common of $125.50. Airbnb, Inc. has a one yr low of $81.91 and a one yr excessive of $154.95. The corporate has a debt-to-equity ratio of 0.39, a fast ratio of 1.47 and a present ratio of 1.47.
Airbnb (NASDAQ:ABNB – Get Free Report) final launched its quarterly earnings outcomes on Thursday, August third. The corporate reported $0.98 EPS for the quarter, beating the consensus estimate of $0.77 by $0.21. The enterprise had income of $2.48 billion throughout the quarter, in comparison with analyst estimates of $2.42 billion. Airbnb had a internet margin of 25.31% and a return on fairness of 42.90%. The corporate’s quarterly income was up 18.1% on a year-over-year foundation. Throughout the identical interval within the prior yr, the agency posted $0.56 earnings per share. On common, equities analysts forecast that Airbnb, Inc. will publish 3.72 EPS for the present fiscal yr.
Analyst Scores Adjustments
Quite a lot of analysts have weighed in on ABNB shares. Needham & Firm LLC restated a “purchase” score and set a $160.00 worth goal on shares of Airbnb in a analysis word on Friday, August 4th. Wedbush elevated their worth goal on shares of Airbnb from $130.00 to $145.00 in a analysis report on Friday, August 4th. Barclays raised their goal worth on Airbnb from $136.00 to $141.00 and gave the inventory an “equal weight” score in a report on Friday, August 4th. Morgan Stanley boosted their worth goal on Airbnb from $100.00 to $110.00 and gave the corporate an “underweight” score in a report on Friday, August 18th. Lastly, The Goldman Sachs Group lifted their worth goal on Airbnb from $97.00 to $117.00 and gave the corporate a “promote” score in a analysis report on Friday, August 4th. 4 equities analysis analysts have rated the inventory with a promote score, 13 have issued a maintain score and seventeen have issued a purchase score to the corporate’s inventory. In line with MarketBeat.com, Airbnb presently has a median score of “Maintain” and a consensus goal worth of $144.81.
Learn Our Newest Inventory Evaluation on ABNB
Airbnb Profile
Airbnb, Inc, along with its subsidiaries, operates a platform that permits hosts to supply stays and experiences to company worldwide. The corporate’s market mannequin connects hosts and company on-line or via cellular units to e book areas and experiences. It primarily provides non-public rooms, main properties, or trip properties.
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This on the spot information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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