Fielder Capital Group LLC Grows Stock Holdings in Airbnb, Inc. (NASDAQ:ABNB)

Fielder Capital Group LLC lifted its position in Airbnb, Inc. (NASDAQ:ABNB) by 9.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,929 shares of the company’s stock after buying an additional 173 shares during the quarter. Fielder Capital Group LLC’s holdings in Airbnb were worth $253,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of ABNB. Golden State Wealth Management LLC purchased a new stake in Airbnb during the fourth quarter worth about $25,000. Hollencrest Capital Management increased its stake in Airbnb by 6,666.7% during the 3rd quarter. Hollencrest Capital Management now owns 203 shares of the company’s stock worth $26,000 after buying an additional 200 shares during the period. Berbice Capital Management LLC purchased a new stake in Airbnb during the 4th quarter worth approximately $26,000. Ashton Thomas Securities LLC acquired a new position in shares of Airbnb in the third quarter worth $30,000. Finally, Whipplewood Advisors LLC purchased a new stake in shares of Airbnb during the fourth quarter worth $44,000. Institutional investors and hedge funds own 80.76% of the company’s stock.

Airbnb Trading Down 3.2 %

Shares of ABNB stock opened at $139.45 on Friday. The business’s fifty day moving average price is $136.43 and its 200 day moving average price is $131.63. The firm has a market capitalization of $87.93 billion, a PE ratio of 33.77, a P/E/G ratio of 3.52 and a beta of 1.12. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.69 and a quick ratio of 1.69. Airbnb, Inc. has a 1-year low of $110.38 and a 1-year high of $170.10.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.12. Airbnb had a net margin of 23.85% and a return on equity of 32.29%. As a group, sell-side analysts forecast that Airbnb, Inc. will post 4.31 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CAO David C. Bernstein sold 1,000 shares of Airbnb stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $137.00, for a total transaction of $137,000.00. Following the completion of the transaction, the chief accounting officer now directly owns 40,581 shares in the company, valued at $5,559,597. The trade was a 2.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Aristotle N. Balogh sold 700 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $128.15, for a total value of $89,705.00. Following the completion of the sale, the chief technology officer now directly owns 182,614 shares in the company, valued at approximately $23,401,984.10. The trade was a 0.38 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,091,314 shares of company stock worth $295,773,256. 27.83% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ABNB has been the subject of a number of recent research reports. Wells Fargo & Company decreased their target price on Airbnb from $100.00 to $96.00 and set an “underweight” rating for the company in a report on Thursday, January 16th. Bank of America raised their price target on Airbnb from $154.00 to $159.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. Argus raised Airbnb from a “hold” rating to a “buy” rating in a research report on Wednesday, February 19th. The Goldman Sachs Group upgraded Airbnb from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $110.00 to $153.00 in a research note on Friday, February 14th. Finally, HSBC raised shares of Airbnb from a “hold” rating to a “buy” rating in a report on Friday, February 14th. Five research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $146.48.

Airbnb Profile

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.