Aristotle Balogh, the Chief Technology Officer of Airbnb Inc (ABNB, Financial), sold 600 shares of the company on October 29, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 192,244 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 412,228 shares of Airbnb Inc and has not purchased any shares. The insider transaction history for Airbnb Inc shows a total of 120 insider sells and no insider buys over the past year.
On the day of the sale, shares of Airbnb Inc were trading at $135.33. This pricing gives the company a market cap of approximately $85.24 billion. The price-earnings ratio of Airbnb Inc stands at 18.57, which is below the industry median of 19.18 and also lower than the company’s historical median.
The current stock price compared to the GF Value of $168.77 indicates that Airbnb Inc is modestly undervalued, with a price-to-GF-Value ratio of 0.8.
The GF Value is calculated considering historical trading multiples like 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 sale by the insider could be part of normal portfolio adjustments or other personal financial planning. Investors often monitor insider transactions as they can provide insights into how the insiders view the stock's current valuation and future prospects.
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.
