Vested Financial Planning LLC Invests $262,000 in Airbnb, Inc. (NASDAQ:ABNB)

Vested Financial Planning LLC bought a new stake in Airbnb, Inc. (NASDAQ:ABNB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,990 shares of the company’s stock, valued at approximately $262,000. Airbnb comprises 0.2% of Vested Financial Planning LLC’s investment portfolio, making the stock its 24th largest position.

Other large investors have also recently made changes to their positions in the company. Golden State Wealth Management LLC purchased a new stake in Airbnb in the fourth quarter valued at approximately $25,000. Northwest Investment Counselors LLC acquired a new position in shares of Airbnb in the 3rd quarter valued at $25,000. Berbice Capital Management LLC purchased a new stake in Airbnb in the 4th quarter valued at $26,000. Hollencrest Capital Management boosted its stake in Airbnb by 6,666.7% during the 3rd quarter. Hollencrest Capital Management now owns 203 shares of the company’s stock worth $26,000 after purchasing an additional 200 shares during the period. Finally, Ashton Thomas Securities LLC purchased a new position in Airbnb during the 3rd quarter worth $30,000. 80.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently commented on ABNB shares. JMP Securities reaffirmed a “market perform” rating on shares of Airbnb in a report on Monday, December 16th. DA Davidson upped their price target on Airbnb from $125.00 to $131.00 and gave the stock a “neutral” rating in a research note on Monday, November 18th. Morgan Stanley lifted their price objective on shares of Airbnb from $115.00 to $125.00 and gave the company an “underweight” rating in a research report on Monday, January 13th. Citigroup lifted their target price on shares of Airbnb from $135.00 to $158.00 and gave the company a “buy” rating in a report on Monday, November 11th. Finally, Phillip Securities reissued a “reduce” rating and set a $120.00 price target on shares of Airbnb in a report on Tuesday, November 12th. Six research analysts have rated the stock with a sell rating, twenty have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $139.63.

Airbnb Trading Up 1.8 %

Airbnb stock opened at $134.98 on Monday. Airbnb, Inc. has a 52 week low of $110.38 and a 52 week high of $170.10. The stock has a market cap of $85.57 billion, a PE ratio of 47.36, a P/E/G ratio of 1.88 and a beta of 1.12. The stock has a 50-day moving average price of $132.98 and a 200 day moving average price of $129.94. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings data on Thursday, November 7th. The company reported $2.13 EPS for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.04). The business had revenue of $3.73 billion during the quarter, compared to analysts’ expectations of $3.72 billion. Airbnb had a net margin of 16.96% and a return on equity of 32.88%. During the same period in the prior year, the firm earned $2.39 EPS. Equities research analysts predict that Airbnb, Inc. will post 3.97 earnings per share for the current fiscal year.

Insider Activity

In other news, CTO Aristotle N. Balogh sold 700 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $129.58, for a total transaction of $90,706.00. Following the completion of the sale, the chief technology officer now directly owns 181,914 shares of the company’s stock, valued at $23,572,416.12. The trade was a 0.38 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Nathan Blecharczyk sold 9,603 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $130.22, for a total value of $1,250,502.66. Following the completion of the transaction, the insider now directly owns 164,850 shares in the company, valued at $21,466,767. This trade represents a 5.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,417,704 shares of company stock valued at $187,654,829 in the last 90 days. 27.83% of the stock is currently owned by insiders.

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.