Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) CTO Aristotle N. Balogh sold 700 shares of the firm’s stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $129.82, for a total transaction of $90,874.00. Following the completion of the sale, the chief technology officer now owns 184,014 shares of the company’s stock, valued at $23,888,697.48. The trade was a 0.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Airbnb Price Performance
ABNB opened at $132.16 on Friday. The firm has a market cap of $83.79 billion, a P/E ratio of 46.37, a PEG ratio of 1.63 and a beta of 1.13. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62. Airbnb, Inc. has a fifty-two week low of $110.38 and a fifty-two week high of $170.10. The firm has a 50-day moving average of $134.45 and a 200 day moving average of $132.22.
Airbnb (NASDAQ:ABNB – Get Free Report) last released its earnings results on Thursday, November 7th. The company reported $2.13 earnings per share for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.04). The company had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.72 billion. Airbnb had a net margin of 16.96% and a return on equity of 32.88%. During the same period in the prior year, the company earned $2.39 earnings per share. On average, research analysts expect that Airbnb, Inc. will post 3.99 EPS for the current year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on Airbnb
Institutional Trading of Airbnb
Large investors have recently bought and sold shares of the company. Northwest Investment Counselors LLC purchased a new position in shares of Airbnb during the 3rd quarter valued at $25,000. Hollencrest Capital Management increased its holdings in Airbnb by 6,666.7% in the 3rd quarter. Hollencrest Capital Management now owns 203 shares of the company’s stock worth $26,000 after acquiring an additional 200 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in Airbnb in the 3rd quarter valued at about $30,000. Quarry LP purchased a new stake in Airbnb during the third quarter valued at about $55,000. Finally, CVA Family Office LLC boosted its position in Airbnb by 131.2% during the third quarter. CVA Family Office LLC now owns 474 shares of the company’s stock worth $60,000 after purchasing an additional 269 shares during the period. 80.76% of the stock is owned by hedge funds and other institutional investors.
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.
Featured Articles
- Five stocks we like better than Airbnb
- Consumer Discretionary Stocks Explained
- Cerence AI: One-Hit Wonder or Long-Term Winner After NVIDIA Pact?
- Why is the Ex-Dividend Date Significant to Investors?
- UnitedHealth Group Pulls Back Into Another Healthy Opportunity
- Profitably Trade Stocks at 52-Week Highs
- Micron Technology: Riding the AI Wave to Long-Term Growth
Receive News & Ratings for Airbnb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airbnb and related companies with MarketBeat.com's FREE daily email newsletter.