On October 4, 2024, Elinor Mertz, Chief Financial Officer of Airbnb Inc (ABNB, Financial), sold 6,250 shares of the company at a price of $128.42 per share. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 530,822 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, the insider has sold a total of 39,774 shares and has not purchased any shares. This recent transaction follows a trend observed in the company, where there have been 119 insider sells and no insider buys over the past year.
The shares of Airbnb Inc were trading at $128.42 on the day of the sale, giving the company a market cap of approximately $83.80 billion. The price-earnings ratio of the company stands at 18.03, which is below the industry median of 19.37.
According to the GF Value, the intrinsic value of Airbnb Inc's stock is estimated at $167.60, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.77.
The GF Value is calculated based on historical trading multiples such as 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 results.
This insider sale might interest investors tracking insider behaviors as an indicator of the company’s future performance and valuation adjustments.
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.
