Airbnb, Inc. (NASDAQ:ABNB – Get Ranking) CFO Dave Stephenson offered 1,057 shares of the agency’s inventory in a transaction on Wednesday, March twenty second. The inventory was offered at a median worth of $123.89, for a complete transaction of $130,951.73. Following the completion of the sale, the chief monetary officer now owns 133,893 shares of the corporate’s inventory, valued at roughly $16,588,003.77. The transaction was disclosed in a doc filed with the SEC, which is accessible via the SEC web site.
→ Financial institution Accounts: Frozen! (From Weiss Rankings)
Dave Stephenson additionally just lately made the next commerce(s):
- On Thursday, February twenty third, Dave Stephenson offered 16,868 shares of Airbnb inventory. The inventory was offered at a median worth of $128.21, for a complete transaction of $2,162,646.28.
Airbnb Buying and selling Down 2.8 %
ABNB inventory traded down $3.38 throughout noon buying and selling on Friday, reaching $116.92. 4,254,599 shares of the corporate’s inventory traded palms, in comparison with its common quantity of 6,327,121. The corporate has a market capitalization of $74.89 billion, a P/E ratio of 42.96, a PEG ratio of 1.96 and a beta of 1.15. The corporate has a debt-to-equity ratio of 0.36, a present ratio of 1.86 and a fast ratio of 1.86. Airbnb, Inc. has a fifty-two week low of $81.91 and a fifty-two week excessive of $179.09. The enterprise has a 50-day transferring common worth of $117.47 and a two-hundred day transferring common worth of $107.74.
Airbnb (NASDAQ:ABNB – Get Ranking) final introduced its quarterly earnings outcomes on Tuesday, February 14th. The corporate reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.21. The agency had income of $1.90 billion for the quarter, in comparison with analysts’ expectations of $1.86 billion. Airbnb had a web margin of twenty-two.54% and a return on fairness of 35.92%. Airbnb’s income was up 24.2% in comparison with the identical quarter final yr. Throughout the identical interval within the earlier yr, the corporate posted $0.08 earnings per share. Equities analysis analysts forecast that Airbnb, Inc. will put up 3.38 EPS for the present fiscal yr.
Wall Road Analysts Forecast Development
Various equities analysts have just lately issued experiences on ABNB shares. Evercore ISI elevated their worth goal on shares of Airbnb from $150.00 to $160.00 and gave the corporate an “outperform” ranking in a report on Wednesday, February fifteenth. TheStreet upgraded shares of Airbnb from a “d+” ranking to a “c” ranking in a report on Wednesday, February fifteenth. Gordon Haskett downgraded shares of Airbnb from a “maintain” ranking to an “underperform” ranking in a report on Wednesday, January twenty fifth. Canaccord Genuity Group elevated their worth goal on shares of Airbnb from $145.00 to $165.00 and gave the corporate a “purchase” ranking in a report on Wednesday, February fifteenth. Lastly, Royal Financial institution of Canada raised their goal worth on shares of Airbnb from $110.00 to $135.00 and gave the corporate a “sector carry out” ranking in a report on Wednesday, February fifteenth. Three analysts have rated the inventory with a promote ranking, 13 have given a maintain ranking and seventeen have issued a purchase ranking to the corporate’s inventory. In response to MarketBeat, Airbnb presently has a consensus ranking of “Maintain” and a consensus worth goal of $140.52.
Institutional Buying and selling of Airbnb
Various hedge funds have just lately made modifications to their positions in ABNB. Norges Financial institution bought a brand new stake in shares of Airbnb through the fourth quarter valued at roughly $332,438,000. Renaissance Applied sciences LLC elevated its stake in shares of Airbnb by 64.7% within the second quarter. Renaissance Applied sciences LLC now owns 5,604,567 shares of the corporate’s inventory price $499,255,000 after shopping for an extra 2,200,800 shares over the last quarter. Vanguard Group Inc. elevated its stake in shares of Airbnb by 10.2% within the third quarter. Vanguard Group Inc. now owns 22,260,539 shares of the corporate’s inventory price $2,338,247,000 after shopping for an extra 2,062,575 shares over the last quarter. Two Sigma Advisers LP elevated its stake in shares of Airbnb by 76.0% within the third quarter. Two Sigma Advisers LP now owns 2,663,100 shares of the corporate’s inventory price $279,732,000 after shopping for an extra 1,149,900 shares over the last quarter. Lastly, Findlay Park Companions LLP purchased a brand new stake in shares of Airbnb within the fourth quarter price $95,912,000. Hedge funds and different institutional traders personal 39.02% of the corporate’s inventory.
Airbnb Firm Profile
(Get Ranking)
Airbnb, Inc, along with its subsidiaries, operates a platform that permits hosts to supply stays and experiences to visitors worldwide. The corporate’s market mannequin connects hosts and visitors on-line or via cell units to e-book areas and experiences. It primarily presents personal rooms, major properties, or trip properties.
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