A recent filing with the SEC revealed that Elinor Mertz, Chief Financial Officer of Airbnb Inc (ABNB, Financial), sold 6,250 shares of the company on September 17, 2024. Following this transaction, the insider now directly owns 537,072 shares in the company.
Airbnb Inc (ABNB, Financial) operates an online marketplace for lodging, primarily homestays for vacation rentals, and tourism activities. It is based in San Francisco, California.
Over the past year, Elinor Mertz has sold a total of 33,524 shares of Airbnb Inc and has not purchased any shares. This latest transaction forms part of a broader pattern observed over the past year, where Airbnb Inc has seen a total of 121 insider sells and no insider buys.
On the date of the latest sale, shares of Airbnb Inc were trading at $120, giving the company a market cap of approximately $82.64 billion. The price-earnings ratio of the stock stood at 17.78, which is lower than the industry median of 18.555 and also below the company’s historical median.
According to the GF Value, the intrinsic value of Airbnb Inc is estimated at $166.73 per share, suggesting that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.72.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company’s past performance and expected future business outcomes.
This sale by the insider might be of interest to current and potential investors, providing insight into how insiders are viewing the stock's valuation relative to its current trading price.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
