Airbnb Inc (NASDAQ: ABNB) is -2.16% 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 $137.40 in the last trading session, with the day’s loss setting it -4.2%.
Currently trading at $133.20, the stock is -2.39% and 2.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.88 million and changing -3.06% at the moment leaves the stock -7.11% off its SMA200. ABNB registered 12.74% gain for a year compared to 6-month loss of -9.20%. The firm has a 50-day simple moving average (SMA 50) of $129.539 and a 200-day simple moving average (SMA200) of $143.49362.
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The stock witnessed a -1.18% gain in the last 1 month and extending the period to 3 months gives it a 14.59%, and is -3.35% 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 3.28% over the week and 2.24% over the month.
Airbnb Inc (ABNB) has around 6907 employees, a market worth around $84.46B and $10.84B in sales. Current P/E ratio is 46.78 and Fwd P/E is 29.92. Profit margin for the company is 16.96%. Distance from 52-week low is 20.67% and -21.69% from its 52-week high. The company has generated returns on investments over the last 12 months (17.19%).
with sales reaching $2.42B over the same period.The EPS is expected to shrink by -44.62% this year, but quarterly earnings will post 20.00% year-over-year. Quarterly sales are estimated to grow 17.80% in year-over-year returns.
Airbnb Inc (ABNB) Top Institutional Holders
1614.0 institutions hold shares in Airbnb Inc (ABNB), with institutional investors hold 77.96% of the company’s shares. The shares outstanding are 438.00M, and float is at 422.22M with Short Float at 3.50%. Institutions hold 77.17% 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
The most recent transaction is an insider sale by Blecharczyk Nathan, the company’s Chief Strategy Officer. SEC filings show that Blecharczyk Nathan sold 156,924 shares of the company’s common stock on Nov 07 ’24 at a price of $145.00 per share for a total of $22.75 million. Following the sale, the insider now owns 0.18 million shares.
Still, SEC filings show that on Nov 04 ’24, Mertz Elinor (Chief Financial Officer) disposed off 6,250 shares at an average price of $136.23 for $0.85 million. The insider now directly holds 524,572 shares of Airbnb Inc (ABNB).
