In a filing, Airbnb Inc revealed its Chief Technology Officer BALOGH ARISTOTLE N unloaded Company’s shares for reported $96612.0 on Apr 30 ’24. In the deal valued at $161.02 per share,600 shares were sold. As a result of this transaction, BALOGH ARISTOTLE N now holds 220,504 shares worth roughly $35.72 million.
Then, BALOGH ARISTOTLE N sold 600 shares, generating $94,344 in total proceeds. Upon selling the shares at $157.24, the Chief Technology Officer now owns 221,104 shares.
Before that, BALOGH ARISTOTLE N sold 600 shares. Airbnb Inc shares valued at $93,498 were divested by the Chief Technology Officer at a price of $155.83 per share. As a result of the transaction, BALOGH ARISTOTLE N now holds 221,704 shares, worth roughly $35.92 million.
Mizuho upgraded its Airbnb Inc [ABNB] rating to a Buy from a a Neutral in a research note published on April 24, 2024; the price target was increased to $200 from $150. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in mid April with a ‘”a Buy”‘ rating. Needham also remained covering ABNB and has decreased its forecast on April 11, 2024 with a “Hold” recommendation from previously “Buy” rating. B. Riley Securities started covering the stock on April 03, 2024. It rated ABNB as “a Neutral”.
Price Performance Review of ABNB
On Monday, Airbnb Inc [NASDAQ:ABNB] saw its stock jump 1.43% to $162.00. Over the last five days, the stock has lost -0.15%. Airbnb Inc shares have risen nearly 19.00% since the year began. Nevertheless, the stocks have risen 37.72% 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 $161.12, while 200 days put it at $142.12. A total of 2.89 million shares were traded, compared to the trading of 4.78 million shares in the previous session.
Levels Of Support And Resistance For ABNB Stock
The 24-hour chart illustrates a support level at 160.64, which if violated will result in even more drops to 159.29. On the upside, there is a resistance level at 162.88. A further resistance level may holdings at 163.77. The Relative Strength Index (RSI) on the 14-day chart is 53.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.03%. Stochastics %K at 50.30% indicates the stock is a holding.
The most recent change occurred on February 14, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $160.
