2,299 Shares in Airbnb, Inc. (NASDAQ:ABNB) Bought by Kera Capital Partners Inc.

Kera Capital Partners Inc. purchased a new position in shares of Airbnb, Inc. (NASDAQ:ABNB - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 2,299 shares of the company's stock, valued at approximately $302,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its holdings in shares of Airbnb by 13.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 788,487 shares of the company's stock valued at $119,558,000 after purchasing an additional 90,788 shares during the period. Benjamin F. Edwards & Company Inc. raised its stake in Airbnb by 13.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 5,197 shares of the company's stock valued at $788,000 after buying an additional 608 shares during the period. Canada Pension Plan Investment Board raised its stake in Airbnb by 104.6% in the second quarter. Canada Pension Plan Investment Board now owns 189,428 shares of the company's stock valued at $28,723,000 after buying an additional 96,832 shares during the period. Skandinaviska Enskilda Banken AB publ lifted its position in shares of Airbnb by 3.8% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 91,207 shares of the company's stock valued at $13,830,000 after buying an additional 3,307 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in shares of Airbnb by 11.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 19,729 shares of the company's stock worth $2,992,000 after acquiring an additional 1,969 shares during the period. Institutional investors own 80.76% of the company's stock.

Airbnb Price Performance

ABNB stock traded up $2.96 during trading on Friday, reaching $135.12. 3,740,209 shares of the company were exchanged, compared to its average volume of 3,539,122. The company has a market capitalization of $85.66 billion, a price-to-earnings ratio of 47.41, a P/E/G ratio of 1.63 and a beta of 1.13. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. The company has a 50-day moving average of $134.16 and a two-hundred day moving average of $131.95. Airbnb, Inc. has a twelve month low of $110.38 and a twelve month high of $170.10.

Airbnb (NASDAQ:ABNB - Get Free Report) last posted 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). Airbnb had a return on equity of 32.88% and a net margin of 16.96%. The company had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.72 billion. During the same period in the previous year, the firm posted $2.39 EPS. As a group, equities analysts predict that Airbnb, Inc. will post 3.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Wedbush increased their price target on Airbnb from $135.00 to $155.00 and gave the company an "outperform" rating in a research note on Friday, November 8th. UBS Group raised their target price on shares of Airbnb from $134.00 to $144.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 23rd. Raymond James assumed coverage on shares of Airbnb in a report on Friday, September 27th. They set a "market perform" rating and a $134.00 target price for the company. JPMorgan Chase & Co. increased their price target on shares of Airbnb from $121.00 to $142.00 and gave the company a "neutral" rating in a report on Friday, November 8th. Finally, Phillip Securities restated a "reduce" rating and set a $120.00 price objective on shares of Airbnb in a report on Tuesday, November 12th. Six research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $139.63.

Insiders Place Their Bets

In related news, CTO Aristotle N. Balogh sold 700 shares of the stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $129.82, for a total value of $90,874.00. Following the completion of the sale, the chief technology officer now directly owns 184,014 shares in the company, valued at $23,888,697.48. This represents a 0.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Joseph Gebbia sold 214,285 shares of Airbnb stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $128.95, for a total value of $27,632,050.75. Following the transaction, the director now directly owns 1,071,430 shares in the company, valued at $138,160,898.50. The trade was a 16.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,130,982 shares of company stock valued at $150,523,585 in the last 90 days. Corporate insiders own 27.83% of the company's stock.

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.