Airbnb Inc’s recently made public that its Chief Technology Officer BALOGH ARISTOTLE N unloaded Company’s shares for reported $93498.0 on Apr 16 ’24. In the deal valued at $155.83 per share,600 shares were sold. As a result of this transaction, BALOGH ARISTOTLE N now holds 221,704 shares worth roughly $34.72 million.
Then, BALOGH ARISTOTLE N sold 600 shares, generating $96,930 in total proceeds. Upon selling the shares at $161.55, the Chief Technology Officer now owns 222,304 shares.
Before that, BALOGH ARISTOTLE N sold 600 shares. Airbnb Inc shares valued at $96,426 were divested by the Chief Technology Officer at a price of $160.71 per share. As a result of the transaction, BALOGH ARISTOTLE N now holds 143,131 shares, worth roughly $22.42 million.
The Benchmark Company initiated its Airbnb Inc [ABNB] rating to a Buy in a research note published on April 11, 2024; the price target was $190. A number of analysts have revised their coverage, including Needham’s analysts, who decreased its forecast for the stock in mid April from “a Buy” to “a Hold”. B. Riley Securities began covering ABNB with “Neutral” recommendation on April 03, 2024. Needham maintained its rating on February 14, 2024. It rated ABNB as “a Buy”.
Price Performance Review of ABNB
On Monday, Airbnb Inc [NASDAQ:ABNB] saw its stock jump 1.03% to $156.61. Over the last five days, the stock has gained 0.65%. Airbnb Inc shares have risen nearly 15.04% since the year began. Nevertheless, the stocks have risen 32.27% over the past one year. While a 52-week high of $170.10 was reached on 03/21/24, a 52-week low of $103.55 was recorded on 01/03/24. SMA at 50 days reached $159.28, while 200 days put it at $141.09. A total of 3.03 million shares were traded, compared to the trading of 3.9 million shares in the previous session.
Levels Of Support And Resistance For ABNB Stock
The 24-hour chart illustrates a support level at 154.50, which if violated will result in even more drops to 152.39. On the upside, there is a resistance level at 157.99. A further resistance level may holdings at 159.36. The Relative Strength Index (RSI) on the 14-day chart is 45.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.16%. Stochastics %K at 24.72% indicates the stock is a holding.
