Bokf Na Has $5.18 Million Holdings in Airbnb, Inc. (NASDAQ:ABNB)

Bokf Na raised its holdings in Airbnb, Inc. (NASDAQ:ABNB) by 2.4% during the first quarter, HoldingsChannel.com reports. The fund owned 31,717 shares of the company’s stock after purchasing an additional 757 shares during the period. Bokf Na’s holdings in Airbnb were worth $5,182,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. CVA Family Office LLC bought a new stake in shares of Airbnb during the 4th quarter valued at approximately $26,000. Trust Co. of Vermont acquired a new position in shares of Airbnb during the fourth quarter worth $27,000. Bfsg LLC bought a new position in shares of Airbnb in the 4th quarter valued at $27,000. Westend Capital Management LLC acquired a new stake in shares of Airbnb during the 1st quarter valued at $33,000. Finally, Northwest Investment Counselors LLC bought a new stake in Airbnb during the 1st quarter worth $33,000. Institutional investors and hedge funds own 80.76% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on ABNB. HSBC lowered Airbnb from a “buy” rating to a “hold” rating and cut their price target for the company from $160.00 to $156.00 in a research note on Thursday, May 9th. Needham & Company LLC restated a “hold” rating on shares of Airbnb in a research report on Thursday, May 9th. UBS Group lifted their price target on shares of Airbnb from $143.00 to $157.00 and gave the stock a “neutral” rating in a report on Thursday, May 9th. Mizuho upgraded Airbnb from a “neutral” rating to a “buy” rating and upped their price target for the company from $150.00 to $200.00 in a research report on Wednesday, April 24th. Finally, JPMorgan Chase & Co. increased their price target on Airbnb from $140.00 to $145.00 and gave the company a “neutral” rating in a research note on Thursday, May 9th. Four analysts have rated the stock with a sell rating, nineteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $152.50.

Airbnb Stock Up 0.0 %

Shares of NASDAQ:ABNB traded up $0.07 during trading on Friday, reaching $140.10. 5,101,418 shares of the stock were exchanged, compared to its average volume of 3,544,985. Airbnb, Inc. has a 1-year low of $113.24 and a 1-year high of $170.10. The stock has a fifty day moving average of $147.78 and a two-hundred day moving average of $152.23. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.44 and a quick ratio of 1.44. The firm has a market cap of $90.23 billion, a price-to-earnings ratio of 18.76, a price-to-earnings-growth ratio of 1.73 and a beta of 1.18.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings data on Wednesday, May 8th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.18. Airbnb had a net margin of 48.23% and a return on equity of 39.37%. The firm had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.06 billion. During the same quarter in the prior year, the company posted $0.18 earnings per share. The business’s revenue was up 17.8% on a year-over-year basis. Research analysts anticipate that Airbnb, Inc. will post 4.66 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Brian Chesky sold 115,385 shares of the company’s stock in a transaction on Monday, July 22nd. The shares were sold at an average price of $149.11, for a total value of $17,205,057.35. Following the completion of the sale, the chief executive officer now owns 13,798,917 shares in the company, valued at approximately $2,057,556,513.87. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Airbnb news, CTO Aristotle N. Balogh sold 80,000 shares of the company’s stock in a transaction on Monday, July 22nd. The stock was sold at an average price of $149.11, for a total value of $11,928,800.00. Following the completion of the transaction, the chief technology officer now owns 207,574 shares in the company, valued at approximately $30,951,359.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brian Chesky sold 115,385 shares of Airbnb stock in a transaction on Monday, July 22nd. The stock was sold at an average price of $149.11, for a total value of $17,205,057.35. Following the sale, the chief executive officer now owns 13,798,917 shares in the company, valued at $2,057,556,513.87. The disclosure for this sale can be found here. Insiders have sold 736,092 shares of company stock worth $109,519,936 in the last quarter. 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.