Aristotle Balogh, the Chief Technology Officer of Airbnb Inc (ABNB, Financial), sold 600 shares of the company on October 22, 2024, according to a recent SEC Filing. The transaction occurred at a stock price of $136.11, totaling $81,666. After this transaction, the insider now directly owns 192,844 shares in the company.
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 411,628 shares of Airbnb Inc and has not purchased any shares. This recent sale is part of a broader trend seen within the company, where there have been 119 insider sells and no insider buys over the past year.
The stock of Airbnb Inc was trading at $136.11 on the day of the sale, giving the company a market cap of approximately $83.95 billion. The price-earnings ratio of the company stands at 17.95, which is lower than the industry median of 18.845 and also below the company’s historical median.
According to the GF Value, the intrinsic value of Airbnb Inc's stock is estimated at $168.38, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.81.
The insider transaction history and the GF Value are important indicators for potential investors. The GF Value is calculated based on historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor based on the company’s past returns and growth, and future business performance estimates from analysts.
This sale might interest investors tracking insider behaviors as an indicator of the company’s future prospects and valuation accuracy.
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.
