<div id="readability-page-1"><p>GCQ FUNDS MANAGEMENT PTY Ltd purchased a new stake in  Airbnb, Inc. (NASDAQ:ABNB - Free Report) in the first quarter, according to the company in its most recent filing with the Securities &amp; Exchange Commission. The firm purchased 120,423 shares of the company's stock, valued at approximately $14,386,000. Airbnb comprises approximately  3.5% of GCQ FUNDS MANAGEMENT PTY Ltd's portfolio, making the stock its 10th biggest holding.</p><ul><li>3 Cash Cow Stocks Leading Their Sectors in Free Cash Flow Margins</li></ul><p>A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Aster Capital Management DIFC Ltd acquired a new position in  Airbnb during the fourth quarter worth approximately $1,445,000.  Ritholtz Wealth Management raised its stake in  Airbnb by 10.0% in the 1st quarter. Ritholtz Wealth Management now owns 5,328 shares of the company's stock valued at $636,000 after acquiring an additional 484 shares during the period.  Janney Montgomery Scott LLC lifted its holdings in  Airbnb by 0.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 51,192 shares of the company's stock valued at $6,115,000 after purchasing an additional 228 shares during the last quarter.  EFG Asset Management Americas Corp. bought a new position in  Airbnb during the fourth quarter worth $4,406,000.  Finally, Jones Financial Companies Lllp increased its holdings in shares of  Airbnb by 43.0% in the fourth quarter. Jones Financial Companies Lllp now owns 7,166 shares of the company's stock valued at $942,000 after purchasing an additional 2,155 shares during the last quarter. Institutional investors own  80.76% of the company's stock. </p><h2>Insider Transactions at Airbnb</h2><p>In other news, CEO Brian Chesky sold 8,000 shares of Airbnb stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $128.33, for a total value of $1,026,640.00. Following the completion of the transaction, the chief executive officer directly owned 40,800 shares of the company's stock, valued at approximately $5,235,864. This trade represents a 16.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Joseph Gebbia sold 236,000 shares of the company's stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $128.66, for a total value of $30,363,760.00. Following the sale, the director owned 1,416,015 shares in the company, valued at approximately $182,184,489.90. The trade was a 14.29% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,607,528 shares of company stock worth $201,688,571. Company insiders own  27.83% of the company's stock. </p><h2>Airbnb Stock Down 1.6%</h2><ul><li>Airbnb's Earnings: Sky High Results, Grounded Guidance?</li></ul><p>Shares of Airbnb stock opened at $132.34 on Tuesday. The stock has a market cap of $82.90 billion, a price-to-earnings ratio of 33.42, a P/E/G ratio of 2.52 and a beta of 1.14. Airbnb, Inc. has a twelve month low of $99.88 and a twelve month high of $163.93. The company's fifty day moving average is $130.41 and its 200 day moving average is $130.35. </p><p>Airbnb (NASDAQ:ABNB - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.01). The company had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.26 billion. Airbnb had a net margin of 22.60% and a return on equity of 30.91%. The company's quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.41 EPS.  As a group, equities analysts anticipate that  Airbnb, Inc. will post 4.31 earnings per share for the current fiscal year. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>These 3 Airline Stocks Have Analysts Feeling Bullish for 2025</li></ul><p>ABNB has been the subject of several research analyst reports. Needham &amp; Company LLC  reaffirmed a &#34;hold&#34; rating on shares of Airbnb in a report on Wednesday, May 14th. UBS Group dropped their price target on Airbnb from $160.00 to $138.00 and set a &#34;neutral&#34; rating for the company in a report on Monday, April 28th. Cantor Fitzgerald  restated an &#34;underweight&#34; rating and issued a $100.00 price target on shares of Airbnb in a research note on Wednesday, May 14th. Tigress Financial increased their price objective on Airbnb from $195.00 to $200.00 and gave the stock a &#34;buy&#34; rating in a research report on Friday, March 14th. Finally, Piper Sandler reduced their target price on shares of Airbnb from $145.00 to $132.00 and set a &#34;neutral&#34; rating for the company in a research report on Monday, April 28th. Five equities research analysts have rated the stock with a sell rating, sixteen have assigned  a hold rating, thirteen have assigned  a buy rating and two have issued  a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of &#34;Hold&#34; and an average price target of $141.23.</p><p><b>Read Our Latest Stock Report on ABNB</b></p><h2>About Airbnb</h2> (Free Report)<p>Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company's marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.</p><h2>Read More</h2><ul><li>Five stocks we like better than Airbnb</li><li>REIT Stocks - Best REIT Stocks to Add to Your Portfolio Today</li><li>Dollar Down 10%? These 3 Stocks Could Soar</li><li>Stock Trading Terms - Stock Terms Every Investor Needs to Know</li><li>IGM ETF: Expand Tech Exposure With Top AI Leaders</li><li>Expert Stock Trading Psychology Tips</li><li>Joby Stock Soars as Piloted Flights in Dubai Signal a New Era</li></ul><p><strong>Want to see what other hedge funds are holding ABNB?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Airbnb, Inc. (NASDAQ:ABNB - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUJOQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUJOQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Airbnb Right Now?</h2><p>Before you consider Airbnb, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Airbnb wasn't on the list.</p><p>While Airbnb currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ABNB

<p>GCQ FUNDS MANAGEMENT PTY Ltd acquired 120,423 shares of Airbnb, Inc. (NASDAQ:ABNB) valued at approximately $14.39 million, making it the 10th largest holding in their portfolio. Other institutional investors also adjusted their stakes in Airbnb. CEO Brian Chesky and Director Joseph Gebbia sold significant shares recently, with insiders selling a total of 1.6 million shares in the last 90 days. Airbnb's stock opened at $132.34, with a market cap of $82.90 billion, and reported a quarterly EPS of $0.24, missing estimates.</p>

120,423 Shares in Airbnb, Inc. (NASDAQ:ABNB) Bought by GCQ FUNDS MANAGEMENT PTY Ltd