Airbnb Inc’s recently made public that its Officer Chesky Brian acquired Company’s shares for reported $5.68 million on Jan 06 ’25. In the deal valued at $135.83 per share,41,826 shares were bought.
Then, BALOGH ARISTOTLE N sold 20,000 shares, generating $2,637,400 in total proceeds. Upon selling the shares at $131.87, the Chief Technology Officer now owns 185,414 shares.
Before that, Mertz Elinor bought 6,250 shares. Airbnb Inc shares valued at $856,250 were divested by the Officer at a price of $137.00 per share.
A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in early September with a ‘”an Underweight”‘ rating. Argus also remained covering ABNB and has decreased its forecast on September 04, 2024 with a “Hold” recommendation from previously “Buy” rating. Wedbush revised its rating on May 28, 2024. It rated ABNB as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of ABNB
On Monday, Airbnb Inc [NASDAQ:ABNB] saw its stock fall -0.38% to $135.20. Over the last five days, the stock has gained 1.36%. Airbnb Inc shares have risen nearly 2.88% since the year began. Nevertheless, the stocks have risen 1.11% over the past one year. While a 52-week high of $170.10 was reached on 01/06/25, a 52-week low of $110.38 was recorded on 01/02/25. SMA at 50 days reached $135.41, while 200 days put it at $139.76.
Levels Of Support And Resistance For ABNB Stock
The 24-hour chart illustrates a support level at 133.82, which if violated will result in even more drops to 132.44. On the upside, there is a resistance level at 137.34. A further resistance level may holdings at 139.48. The Relative Strength Index (RSI) on the 14-day chart is 52.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.32, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 26.68%. Stochastics %K at 65.25% indicates the stock is a holding.
How much short interest is there in Airbnb Inc?
A steep rise in short interest was recorded in Airbnb Inc stocks on 2024-12-13, growing by 1.82 million shares to a total of 15.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 13.34 million shares. There was a rise of 11.99%, which implies that there is a positive sentiment for the stock.
