Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Airbnb Inc shares valued at $90,874 were purchased by BALOGH ARISTOTLE N on Jan 14 ’25. At $129.82 per share, BALOGH ARISTOTLE N acquired 700 shares.
Also, Mertz Elinor sold 6,250 shares, netting a total of over 856,250 in proceeds. Following the sale of shares at $137.00 each, the insider now holds 491,238 shares.
Before that, Gebbia Joseph had sold 214,285 shares from its account. In a trade valued at $29,130,780, the Director traded Airbnb Inc shares for $135.94 each. Upon closing the transaction, the insider’s holdings decreased to 214,285 shares, worth approximately $170.38 million.
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 surge of approximately 0.94%. Over the course of the year, Airbnb Inc shares have jumped approximately 0.84%. Shares of the company reached a 52-week high of $138.10 on 01/06/25 and a 52-week low of $127.17 on 01/14/25. A 50-day SMA is recorded $134.78, while a 200-day SMA reached $138.65. Nevertheless, trading volume fell to 3.67 million shares from 4.0 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 130.74, which, if violated, would cause prices to drop to 128.95. In the upper region, resistance lies at 133.73. The next price resistance is at 134.93. RSI (Relative Strength Index) is 49.59 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.49, which suggests the price will decrease in the coming days. Percent R is at 51.05%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
