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SAN FRANCISCO—Aristotle Balogh, the Chief Technology Officer of Airbnb, Inc. (NASDAQ:ABNB), recently sold a portion of his holdings in the company. According to InvestingPro data, Airbnb maintains strong financial health with impressive gross profit margins of 83% and a market capitalization of $74 billion. According to a Form 4 filing with the Securities and Exchange Commission, Balogh sold 700 shares of Class A Common Stock on March 11, 2025. The shares were sold at a price of $130.18 each, totaling $91,126. While this insider transaction occurred, InvestingPro analysis indicates the company has been actively buying back shares, and current trading metrics suggest the stock is trading below its Fair Value.
Following this transaction, Balogh retains ownership of 172,119 shares of Airbnb stock. The sale was conducted under a pre-established Rule 10b5-1 trading plan, which was adopted on August 30, 2024. Subscribers to InvestingPro can access 8 additional exclusive insights about Airbnb’s financial health and valuation metrics through the comprehensive Pro Research Report.
In other recent news, Airbnb has been the focus of several notable updates. The company reported strong fourth-quarter results, with key metrics such as nights booked, gross bookings, revenue, and adjusted EBITDA surpassing expectations. DA Davidson highlighted Airbnb’s robust performance and raised the company’s price target from $131 to $170, maintaining a Neutral rating. Meanwhile, Susquehanna increased its price target to $200, citing continued confidence in Airbnb’s market position and potential to capitalize on market opportunities, despite a slightly conservative forward-looking guidance.
Jefferies also upgraded Airbnb’s stock rating from Hold to Buy, raising the price target to $185. This reflects their confidence in Airbnb’s potential to gain a larger market share and benefit from the growing demand for unique travel experiences. Similarly, Bernstein reiterated an Outperform rating with a $185 price target, emphasizing Airbnb’s growth potential in the short-term rental industry. They noted the company’s strategic investments and expansion into new areas as contributing factors to its long-term financial success.
These analyst updates suggest a generally positive outlook for Airbnb, with expectations for continued growth and innovation. The company’s strategic initiatives, including new ventures and the introduction of sponsored listings, are seen as opportunities to enhance revenue and market presence. As Airbnb navigates the evolving travel industry, investors are closely watching these developments for potential impacts on the company’s future performance.
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