Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Airbnb Inc shares valued at $2,637,400 were purchased by BALOGH ARISTOTLE N on Jan 02 ’25. At $131.87 per share, BALOGH ARISTOTLE N acquired 20,000 shares.
Also, Chesky Brian sold 38,461 shares, netting a total of over 5,137,627 in proceeds. Following the sale of shares at $133.58 each, the insider now holds 12,537,369 shares.
Before that, Chesky Brian had added 41,826 shares to its account. In a trade valued at $5,587,341, the Officer bought Airbnb Inc shares for $133.59 each.
Analysts at Cantor Fitzgerald started covering the stock with ‘”an Underweight”‘ outlook in a report released in early September. As of September 04, 2024, Argus has decreased its “Buy” rating to a “Hold” for ABNB. Earlier on May 28, 2024, Wedbush upgraded its rating. Their new recommendation was “an Outperform” for ABNB stock which previously was a “a Neutral”.
Analyzing ABNB Stock Performance
During the last five days, there has been a drop of approximately -2.60%. Over the course of the year, Airbnb Inc shares have jumped approximately 0.05%. Shares of the company reached a 52-week high of $134.23 on 01/02/25 and a 52-week low of $130.41 on 01/02/25. A 50-day SMA is recorded $135.34, while a 200-day SMA reached $140.04. Nevertheless, trading volume fell to 2.61 million shares from 2.65 million shares the previous day.
Support And Resistance Levels for Airbnb Inc (ABNB)
According to the 24-hour chart, there is a support level at 129.85, which, if violated, would cause prices to drop to 128.22. In the upper region, resistance lies at 133.67. The next price resistance is at 135.86. RSI (Relative Strength Index) is 44.12 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.07, which suggests the price will decrease in the coming days. Percent R is at 64.20%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
