Capital Performance Advisors LLP Has $417,000 Holdings in Airbnb, Inc. (NASDAQ:ABNB)

Capital Performance Advisors LLP lifted its position in Airbnb, Inc. (NASDAQ:ABNB) by 226.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,171 shares of the company’s stock after acquiring an additional 2,199 shares during the period. Capital Performance Advisors LLP’s holdings in Airbnb were worth $417,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of ABNB. Pacer Advisors Inc. raised its position in shares of Airbnb by 6,085.6% in the 3rd quarter. Pacer Advisors Inc. now owns 4,241,557 shares of the company’s stock valued at $537,872,000 after acquiring an additional 4,172,985 shares during the period. Meritage Group LP acquired a new stake in shares of Airbnb in the 3rd quarter valued at approximately $160,985,000. Edgewood Management LLC raised its position in shares of Airbnb by 9.2% in the 3rd quarter. Edgewood Management LLC now owns 13,582,433 shares of the company’s stock valued at $1,722,388,000 after acquiring an additional 1,143,464 shares during the period. International Assets Investment Management LLC raised its position in shares of Airbnb by 19,430.3% in the 3rd quarter. International Assets Investment Management LLC now owns 1,119,479 shares of the company’s stock valued at $1,419,610,000 after acquiring an additional 1,113,747 shares during the period. Finally, Temasek Holdings Private Ltd increased its stake in Airbnb by 91.3% during the 3rd quarter. Temasek Holdings Private Ltd now owns 2,324,151 shares of the company’s stock worth $294,726,000 after purchasing an additional 1,109,076 shares in the last quarter. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on ABNB shares. Wedbush reissued an “outperform” rating and set a $155.00 target price on shares of Airbnb in a research note on Tuesday, February 4th. B. Riley increased their target price on Airbnb from $131.00 to $145.00 and gave the stock a “neutral” rating in a research note on Friday. Susquehanna increased their target price on Airbnb from $130.00 to $160.00 and gave the stock a “positive” rating in a research note on Monday, November 11th. UBS Group increased their target price on Airbnb from $143.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Phillip Securities reissued a “reduce” rating and set a $120.00 target price on shares of Airbnb in a research note on Tuesday, November 12th. Five research analysts have rated the stock with a sell rating, twenty have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Airbnb presently has a consensus rating of “Hold” and a consensus target price of $145.79.

Insider Transactions at Airbnb

In other news, Director Joseph Gebbia sold 214,285 shares of Airbnb stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $131.08, for a total transaction of $28,088,477.80. Following the completion of the sale, the director now owns 10,321 shares of the company’s stock, valued at approximately $1,352,876.68. This trade represents a 95.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Brian Chesky sold 190,301 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $140.51, for a total value of $26,739,193.51. Following the completion of the transaction, the chief executive officer now directly owns 12,231,685 shares of the company’s stock, valued at approximately $1,718,674,059.35. This trade represents a 1.53 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,608,005 shares of company stock valued at $214,394,023. 27.83% of the stock is currently owned by corporate insiders.

Airbnb Trading Up 14.4 %

Shares of Airbnb stock opened at $161.42 on Monday. The business has a fifty day simple moving average of $133.49 and a two-hundred day simple moving average of $130.04. Airbnb, Inc. has a 1 year low of $110.38 and a 1 year high of $170.10. The company has a market capitalization of $102.34 billion, a price-to-earnings ratio of 56.64, a P/E/G ratio of 1.88 and a beta of 1.12. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62.

Airbnb (NASDAQ:ABNB) last posted its 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 return on equity of 32.88% and a net margin of 16.96%. Research analysts forecast that Airbnb, Inc. will post 3.97 EPS for the current year.

Airbnb Company 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.