475 institutions hold shares in Airbnb Inc. (ABNB), with 4M shares held by insiders accounting for 0.67% while institutional investors hold 65.68% of the company’s shares. The shares outstanding are 284.36M, and float is at 80.42M with Short Float at 16.94%. Institutions hold 65.24% of the Float.
The top institutional shareholder in the company is Price (T.Rowe) Associates Inc with over 11.23 million shares valued at $1.65 billion. The investor’s holdings represent 9.30% of the ABNB Shares outstanding. As of Dec 30, 2020, the second largest holder is FMR, LLC with 5.77 million shares valued at $846.94 million to account for 4.78% of the shares outstanding. The other top investors are Capital Research Global Investors which holds 4.86 million shares representing 4.02% and valued at over $712.78 million, while Dragoneer Investment Group, LLC holds 2.67% of the shares totaling 3.22 million with a market value of $473.23 million.
Airbnb Inc. (NASDAQ: ABNB) is 24.73% higher on its value in year-to-date trading and has touched a low of $121.50 and a high of $219.94 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ABNB stock was last observed hovering at around $182.50 in the last trading session, with the day’s gains setting it 0.6% off its average median price target of $180.00 for the next 12 months. It is also 23.71% off the consensus price target high of $240.00 offered by 32 analysts, but current levels are -40.85% lower than the price target low of $130.00 for the same period.
Currently trading at $183.10, the stock is -2.97% and -4.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.9 million and changing 0.33% at the moment leaves the stock 3.07% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $193.94 and a 200-day simple moving average (SMA200) of $177.64.
The stock witnessed a -6.78% in the last 1 month and extending the period to 3 months gives it a 22.89%, and is -2.16% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.02% over the week and 6.25% over the month.
Airbnb Inc. (ABNB) has around 5597 employees, a market worth around $110.83B and $3.38B in sales. Distance from 52-week low is 50.70% and -16.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-74.20%).
Airbnb Inc. (ABNB) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Airbnb Inc. (ABNB) is a “Hold”. 32 analysts offering their recommendations for the stock have an average rating of 2.60, where 18 rate it as a Hold and 1 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 3 analysts have rated the stock as a Sell or Underperform.
Airbnb Inc. is expected to release its quarterly report on 06/02/2021 and quarterly earnings per share for the current quarter are estimated at -$1.14 with sales reaching $694.72M over the same period.The EPS is expected to grow by 89.30% this year, but quarterly earnings will post 39.70% year-over-year.
Airbnb Inc. (ABNB) Insider Activity
A total of 29 insider transactions have happened at Airbnb Inc. (ABNB) in the last six months, with sales accounting for 16 and purchases happening 13 times.