Aware Super Pty Ltd as trustee of Aware Super Buys Shares of 124,410 Airbnb, Inc. (NASDAQ:ABNB)

Aware Super Pty Ltd as trustee of Aware Super acquired a new position in Airbnb, Inc. (NASDAQ:ABNB - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 124,410 shares of the company's stock, valued at approximately $16,349,000.

A number of other hedge funds have also bought and sold shares of the business. CAP Partners LLC increased its position in shares of Airbnb by 3.6% during the 4th quarter. CAP Partners LLC now owns 2,229 shares of the company's stock valued at $293,000 after purchasing an additional 77 shares during the last quarter. Lindbrook Capital LLC boosted its stake in shares of Airbnb by 1.4% during the 4th quarter. Lindbrook Capital LLC now owns 5,540 shares of the company's stock worth $728,000 after acquiring an additional 78 shares during the last quarter. Manchester Capital Management LLC increased its stake in shares of Airbnb by 18.2% in the 4th quarter. Manchester Capital Management LLC now owns 527 shares of the company's stock worth $69,000 after purchasing an additional 81 shares in the last quarter. Salvus Wealth Management LLC raised its holdings in Airbnb by 2.5% in the 4th quarter. Salvus Wealth Management LLC now owns 3,461 shares of the company's stock worth $455,000 after purchasing an additional 84 shares during the period. Finally, Commerzbank Aktiengesellschaft FI grew its holdings in Airbnb by 2.3% during the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 4,285 shares of the company's stock valued at $565,000 after purchasing an additional 95 shares during the period. Hedge funds and other institutional investors own 80.76% of the company's stock.

Insider Activity

In other Airbnb news, CFO Elinor Mertz sold 6,250 shares of Airbnb stock in a transaction on Wednesday, April 9th. The shares were sold at an average price of $120.00, for a total value of $750,000.00. Following the completion of the transaction, the chief financial officer now owns 491,330 shares of the company's stock, valued at $58,959,600. The trade was a 1.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CTO Aristotle N. Balogh sold 700 shares of the stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $135.47, for a total value of $94,829.00. Following the sale, the chief technology officer now owns 183,314 shares in the company, valued at $24,833,547.58. The trade was a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,037,307 shares of company stock valued at $280,842,374 over the last quarter. Company insiders own 27.83% of the company's stock.

Airbnb Stock Performance

ABNB traded up $0.06 during trading on Friday, hitting $112.70. The stock had a trading volume of 4,454,614 shares, compared to its average volume of 4,769,809. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.69 and a current ratio of 1.69. The firm has a market capitalization of $71.06 billion, a P/E ratio of 27.29, a PEG ratio of 3.52 and a beta of 1.15. Airbnb, Inc. has a twelve month low of $99.88 and a twelve month high of $166.74. The company's 50-day moving average price is $129.19 and its 200 day moving average price is $132.31.

Airbnb (NASDAQ:ABNB - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.61 by $0.12. Airbnb had a return on equity of 32.29% and a net margin of 23.85%. On average, equities research analysts forecast that Airbnb, Inc. will post 4.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Robert W. Baird cut their price objective on Airbnb from $175.00 to $160.00 and set an "outperform" rating for the company in a research note on Tuesday, March 25th. Wedbush reaffirmed an "outperform" rating and issued a $155.00 target price on shares of Airbnb in a report on Tuesday, February 4th. Jefferies Financial Group raised Airbnb from a "hold" rating to a "buy" rating and raised their price target for the company from $165.00 to $185.00 in a report on Monday, March 10th. Hsbc Global Res raised Airbnb from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th. Finally, HSBC raised Airbnb from a "hold" rating to a "buy" rating in a research note on Friday, February 14th. Five equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have given 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 a consensus price target of $146.94.

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.