Aristotle Balogh, the Chief Technology Officer of Airbnb Inc (ABNB, Financial), sold 600 shares of the company on October 15, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 193,444 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 411,028 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 118 insider sells and no insider buys over the same timeframe.
On the date of the sale, shares of Airbnb Inc were priced at $133.51, giving the company a market cap of approximately $86.02 billion. The price-earnings ratio of the company stands at 18.51, which is slightly lower than the industry median of 18.95.
The stock's valuation according to the GF Value is $167.98, indicating that at the current price of $133.51, Airbnb Inc is modestly undervalued with a price-to-GF-Value ratio of 0.79.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might be of interest to 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.
