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SAN FRANCISCO—Aristotle Balogh, Chief Technology Officer at Airbnb, Inc. (NASDAQ:ABNB), recently sold 700 shares of the company’s Class A Common Stock. The transaction, which took place on March 4, 2025, was executed at an average price of $140.10 per share, amounting to a total value of $98,070. The sale comes as Airbnb, valued at $83.9 billion, maintains strong financial health with an impressive 83% gross profit margin, according to InvestingPro data.
Following the sale, Balogh retains ownership of 172,819 shares in the company. The sale was conducted under a pre-established Rule 10b5-1 trading plan, which was adopted on August 30, 2024. These plans allow executives to sell a predetermined number of shares at a predetermined time, providing a measure of protection against accusations of insider trading. InvestingPro analysis shows the company trading near its Fair Value, with additional insights available in the comprehensive Pro Research Report.
This transaction is part of routine financial management by Balogh, who continues to hold a significant stake in the company. Analyst price targets for Airbnb range from $95 to $200, reflecting diverse views on the company’s outlook, with the stock currently trading at $134.77.
In other recent news, Airbnb Inc . reported strong fourth-quarter results, surpassing expectations with significant growth in nights booked, gross bookings, revenue, and adjusted EBITDA. The company anticipates continued growth in the first quarter of 2025, with projected revenue growth between 10% and 12%, excluding certain effects. Analysts have responded positively to these results, with DA Davidson raising its price target to $170 while maintaining a Neutral rating, and Susquehanna increasing its target to $200 with a Positive view. Benchmark also adjusted its price target to $178, maintaining a "Buy" rating, citing Airbnb’s robust performance and strategic initiatives.
Bernstein raised its price target to $185, maintaining an Outperform rating, reflecting confidence in Airbnb’s expansion plans, including ventures into "living," "experiences," and "advertising." Despite some valuation concerns, DA Davidson acknowledged Airbnb’s improved growth profile, though it maintained a cautious stance due to uncertainties. Analysts at Susquehanna noted the company’s conservative guidance, attributing it to calendar effects and foreign exchange headwinds, yet expressed confidence in Airbnb’s market position. Benchmark highlighted Airbnb’s strategic shift towards partnerships and open collaboration, which could enhance its market presence. Bernstein emphasized the potential of Airbnb’s new ventures, supported by an AI concierge service, as a catalyst for future growth.
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