Airbnb Inc (NASDAQ: ABNB) is -14.25% lower on its value in year-to-date trading and has touched a low of $110.38 and a high of $170.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ABNB stock was last observed hovering at around $115.71 in the last trading session, with the day’s gains setting it 1.03%.
Currently trading at $116.74, the stock is -3.70% and -15.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.45 million and changing 0.89% at the moment leaves the stock -19.66% off its SMA200. ABNB registered -7.19% loss for a year compared to 6-month loss of -23.23%.
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The stock witnessed a -16.79% gain in the last 1 month and extending the period to 3 months gives it a -20.59%, and is -0.55% 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 1.95% over the week and 2.68% over the month.
Airbnb Inc (ABNB) has around 6907 employees, a market worth around $73.95B and $10.51B in sales. Current P/E ratio is 15.90 and Fwd P/E is 25.03. Profit margin for the company is 46.11%. Distance from 52-week low is 5.76% and -31.37% from its 52-week high. The company has generated returns on investments over the last 12 months (47.41%).
The EPS is expected to shrink by -42.23% this year.
Airbnb Inc (ABNB) Top Institutional Holders
1651.0 institutions hold shares in Airbnb Inc (ABNB), with institutional investors hold 78.33% of the company’s shares. The shares outstanding are 438.00M, and float is at 423.33M with Short Float at 3.14%. Institutions hold 77.49% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 36.51 million shares valued at $5.54 billion. The investor’s holdings represent 5.7232% of the ABNB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 28.22 million shares valued at $4.28 billion to account for 4.4226 of the shares outstanding. The other top investors are FMR LLC which holds 22.34 million shares representing 3.5021% and valued at over $3.39 billion, while STATE STREET CORP holds 2.7325 of the shares totaling 17.43 million with a market value of $2.64 billion.
Airbnb Inc (ABNB) Insider Activity
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Airbnb Inc disclosed in a document filed with the SEC on Aug 20 ’24 that BALOGH ARISTOTLE N (Chief Technology Officer) sold a total of 600 shares of the company’s common stock. The trade occurred on Aug 20 ’24 and was made at $118.94 per share for $71364.0. Following the transaction, the insider now directly holds 0.2 million shares of the ABNB stock.
Still, SEC filings show that on Aug 20 ’24, BALOGH ARISTOTLE N (Officer) Proposed Sale 600 shares at an average price of $118.94 for $71364.0. The insider now directly holds shares of Airbnb Inc (ABNB).
