Schwarz Dygos Wheeler Investment Advisors LLC Has $609,000 Position in Airbnb, Inc. (NASDAQ:ABNB)

Schwarz Dygos Wheeler Investment Advisors LLC decreased its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB) by 4.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,477 shares of the company’s stock after selling 200 shares during the quarter. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Airbnb were worth $609,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of ABNB. Cornerstone Capital Inc. increased its stake in shares of Airbnb by 38.9% during the fourth quarter. Cornerstone Capital Inc. now owns 2,750 shares of the company’s stock worth $374,000 after purchasing an additional 770 shares during the period. Yoder Wealth Management Inc. grew its holdings in Airbnb by 85.5% in the 4th quarter. Yoder Wealth Management Inc. now owns 28,220 shares of the company’s stock valued at $3,842,000 after buying an additional 13,005 shares in the last quarter. Trust Asset Management LLC acquired a new stake in shares of Airbnb during the fourth quarter worth $700,000. Motley Fool Asset Management LLC boosted its position in shares of Airbnb by 8.6% in the fourth quarter. Motley Fool Asset Management LLC now owns 17,626 shares of the company’s stock valued at $2,400,000 after acquiring an additional 1,397 shares during the period. Finally, State of New Jersey Common Pension Fund D grew its stake in shares of Airbnb by 2.3% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 242,863 shares of the company’s stock valued at $33,063,000 after acquiring an additional 5,396 shares in the last quarter. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Airbnb Trading Up 0.7 %

Shares of Airbnb stock traded up $1.22 during trading on Friday, reaching $164.23. 2,821,077 shares of the stock were exchanged, compared to its average volume of 2,991,706. Airbnb, Inc. has a 1 year low of $103.55 and a 1 year high of $170.10. The firm has a market cap of $106.27 billion, a price-to-earnings ratio of 22.68, a price-to-earnings-growth ratio of 2.17 and a beta of 1.25. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.24. The stock’s fifty day moving average is $160.44 and its 200 day moving average is $143.42.

Airbnb (NASDAQ:ABNB) last issued its quarterly earnings data on Tuesday, February 13th. The company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.09. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.16 billion. Airbnb had a return on equity of 40.96% and a net margin of 48.32%. As a group, equities research analysts expect that Airbnb, Inc. will post 4.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ABNB has been the subject of a number of recent research reports. B. Riley Financial initiated coverage on shares of Airbnb in a report on Wednesday, April 3rd. They issued a “neutral” rating and a $150.00 price objective for the company. Susquehanna increased their price target on Airbnb from $160.00 to $180.00 and gave the stock a “positive” rating in a research report on Wednesday, February 14th. Benchmark started coverage on Airbnb in a report on Thursday, April 11th. They issued a “buy” rating and a $190.00 price objective for the company. Truist Financial increased their target price on Airbnb from $118.00 to $131.00 and gave the stock a “hold” rating in a report on Thursday, March 14th. Finally, Mizuho raised Airbnb from a “neutral” rating to a “buy” rating and boosted their price target for the company from $150.00 to $200.00 in a research note on Wednesday. Four equities research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, Airbnb currently has a consensus rating of “Hold” and a consensus target price of $149.19.

Insiders Place Their Bets

In other news, CEO Brian Chesky sold 76,912 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $147.79, for a total value of $11,366,824.48. Following the completion of the transaction, the chief executive officer now owns 14,545,529 shares of the company’s stock, valued at approximately $2,149,683,730.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Brian Chesky sold 76,912 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $147.79, for a total value of $11,366,824.48. Following the sale, the chief executive officer now directly owns 14,545,529 shares of the company’s stock, valued at approximately $2,149,683,730.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Dave Stephenson sold 7,838 shares of Airbnb stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $145.98, for a total transaction of $1,144,191.24. Following the transaction, the chief financial officer now directly owns 85,802 shares of the company’s stock, valued at $12,525,375.96. The disclosure for this sale can be found here. In the last ninety days, insiders sold 456,274 shares of company stock worth $72,410,859. 30.84% of the stock is currently owned by corporate insiders.

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.