Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) CTO Aristotle N. Balogh sold 600 shares of the business’s stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $157.24, for a total value of $94,344.00. Following the sale, the chief technology officer now owns 221,104 shares in the company, valued at approximately $34,766,392.96. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Airbnb Trading Up 0.7 %
Shares of Airbnb stock opened at $164.23 on Friday. 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 PE ratio of 22.68, a P/E/G ratio of 2.08 and a beta of 1.25. The stock has a fifty day moving average price of $160.44 and a 200-day moving average price of $143.42. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.66 and a quick ratio of 1.66.
Airbnb (NASDAQ:ABNB – Get Free Report) last issued its earnings results on Tuesday, February 13th. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.67 by $0.09. Airbnb had a return on equity of 40.96% and a net margin of 48.32%. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.16 billion. Equities research analysts anticipate that Airbnb, Inc. will post 4.65 EPS for the current year.
Wall Street Analyst Weigh In
View Our Latest Analysis on ABNB
Institutional Trading of Airbnb
Large investors have recently modified their holdings of the business. CVA Family Office LLC purchased a new position in shares of Airbnb during the 4th quarter valued at about $26,000. Trust Co. of Vermont purchased a new position in shares of Airbnb during the 4th quarter valued at about $27,000. Orion Capital Management LLC purchased a new position in shares of Airbnb during the 3rd quarter valued at about $27,000. Bfsg LLC purchased a new position in shares of Airbnb during the 4th quarter valued at about $27,000. Finally, Westend Capital Management LLC purchased a new position in Airbnb in the 1st quarter worth approximately $33,000. Institutional investors own 80.76% of the company’s stock.
About Airbnb
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.
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