In Wednesday’s Wall Street session, Airbnb Inc (NASDAQ:ABNB) shares traded at $157.98, down -1.63% from the previous session.
ABNB stock price is now 17.30% away from the 50-day moving average and 16.22% away from the 200-day moving average. The market capitalization of the company currently stands at $99.61B.
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On February 14, 2025, Robert W. Baird Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock increasing its target price from $140 to quote $175, while ‘HSBC Securities’ rates the stock as ‘Buy’
In other news, Chesky Brian, CEO and Chairman sold 230,772 shares of the company’s stock on Feb 14 ’25. The stock was sold for $37,190,154 at an average price of $161.16. Upon completion of the transaction, the CEO and Chairman now directly owns 12,000,913 shares in the company, valued at $1.9 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 14 ’25, Chief Financial Officer Mertz Elinor sold 25,000 shares of the business’s stock. A total of $4,000,000 was realized by selling the stock at an average price of $160.00. This leaves the insider owning 459,988 shares of the company worth $72.67 million. A total of 33.19% of the company’s stock is owned by insiders.
During the past 12 months, Airbnb Inc has had a low of $110.38 and a high of $170.10. As of last week, the company has a debt-to-equity ratio of 0.27, a current ratio of 1.69, and a quick ratio of 1.69.
The net profit margin was 23.85% and return on equity was 31.95% for ABNB. The company reported revenue of $2.48 billion for the quarter, compared to $2.22 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.81 percent.
