Aristotle Balogh, the Chief Technology Officer of Airbnb Inc (ABNB, Financial), executed a sale of 600 shares of the company on October 1, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 194,644 shares of Airbnb Inc.
Airbnb Inc 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, Aristotle Balogh has sold a total of 415,328 shares and has not purchased any shares. This recent transaction reflects a continuation of the insider's selling trend.
The insider transaction history for Airbnb Inc shows a pattern of selling activities, with 118 insider sells and no insider buys over the past year.
On the day of the sale, shares of Airbnb Inc were trading at $127.35. The company has a market cap of approximately $79.24 billion. The price-earnings ratio of Airbnb Inc stands at 17.05, which is below both the industry median of 19.08 and the company’s historical median.
According to the GF Value, the intrinsic value of Airbnb Inc is estimated at $167.24 per share, making the stock modestly undervalued with a price-to-GF-Value ratio of 0.76.
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 by a GuruFocus factor which considers past returns and growth, and supplemented by future business performance estimates from Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, providing insight into the insider's perspective on 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.
