Airbnb, Inc. (NASDAQ:ABNB) Shares Acquired by Mizuho Securities USA LLC

Mizuho Securities USA LLC raised its position in Airbnb, Inc. (NASDAQ:ABNB - Free Report) by 43.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,027 shares of the company's stock after acquiring an additional 12,495 shares during the quarter. Mizuho Securities USA LLC's holdings in Airbnb were worth $5,391,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC lifted its stake in Airbnb by 1.6% during the third quarter. Geode Capital Management LLC now owns 9,399,568 shares of the company's stock worth $1,189,635,000 after purchasing an additional 146,761 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Airbnb by 3.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,790,644 shares of the company's stock worth $366,719,000 after buying an additional 84,348 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Airbnb by 3.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,360,004 shares of the company's stock valued at $299,272,000 after buying an additional 80,610 shares during the last quarter. Temasek Holdings Private Ltd boosted its holdings in shares of Airbnb by 91.3% in the third quarter. Temasek Holdings Private Ltd now owns 2,324,151 shares of the company's stock valued at $294,726,000 after acquiring an additional 1,109,076 shares during the period. Finally, Principal Financial Group Inc. increased its holdings in shares of Airbnb by 174.3% in the 4th quarter. Principal Financial Group Inc. now owns 1,866,431 shares of the company's stock valued at $245,268,000 after acquiring an additional 1,185,892 shares during the period. 80.76% of the stock is currently owned by institutional investors and hedge funds.

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Insider Buying and Selling

In related news, CTO Aristotle N. Balogh sold 700 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $161.05, for a total transaction of $112,735.00. Following the transaction, the chief technology officer now owns 180,514 shares of the company's stock, valued at approximately $29,071,779.70. This represents a 0.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Brian Chesky sold 230,772 shares of the firm's stock in a transaction on Friday, February 14th. The stock was sold at an average price of $161.16, for a total value of $37,191,215.52. Following the sale, the chief executive officer now owns 12,000,913 shares in the company, valued at $1,934,067,139.08. This trade represents a 1.89 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,055,909 shares of company stock worth $289,763,290. 27.83% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on ABNB shares. UBS Group lifted their price objective on shares of Airbnb from $143.00 to $160.00 and gave the company a "neutral" rating in a research note on Friday, February 14th. Susquehanna boosted their price target on Airbnb from $160.00 to $200.00 and gave the company a "positive" rating in a research report on Tuesday, February 18th. Bank of America increased their price objective on Airbnb from $154.00 to $159.00 and gave the stock a "neutral" rating in a research report on Wednesday, December 18th. Morgan Stanley boosted their target price on Airbnb from $115.00 to $125.00 and gave the company an "underweight" rating in a report on Monday, January 13th. Finally, Gordon Haskett raised Airbnb from a "sell" rating to a "hold" rating and set a $143.00 price target for the company in a report on Friday, February 14th. Five investment analysts have rated the stock with a sell rating, eighteen have given a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Airbnb currently has an average rating of "Hold" and a consensus price target of $147.36.

Airbnb Price Performance

Shares of ABNB stock traded up $0.20 during trading hours on Tuesday, hitting $130.02. The company's stock had a trading volume of 2,619,819 shares, compared to its average volume of 4,410,865. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.24. The business has a fifty day moving average of $135.74 and a 200-day moving average of $133.53. Airbnb, Inc. has a twelve month low of $110.38 and a twelve month high of $170.00. The stock has a market cap of $81.98 billion, a price-to-earnings ratio of 31.48, a P/E/G ratio of 3.52 and a beta of 1.10.

Airbnb (NASDAQ:ABNB - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.73 earnings per share 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%. As a group, equities research analysts anticipate that Airbnb, Inc. will post 4.31 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.