Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Airbnb Inc shares valued at $5,570,843 were purchased by Chesky Brian on Jan 21 ’25. At $133.19 per share, Chesky Brian acquired 41,826 shares.
Also, BALOGH ARISTOTLE N purchased 700 shares, netting a total of over 94,829 in proceeds.
Before that, BALOGH ARISTOTLE N had sold 700 shares from its account. In a trade valued at $90,874, the Chief Technology Officer traded Airbnb Inc shares for $129.82 each. Upon closing the transaction, the insider’s holdings decreased to 700 shares, worth approximately $24.38 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 3.84%. Over the course of the year, Airbnb Inc shares have jumped approximately 0.83%. 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 $134.40, while a 200-day SMA reached $138.10. Nevertheless, trading volume fell to 5.01 million shares from 5.4 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 131.56, which, if violated, would cause prices to drop to 130.62. In the upper region, resistance lies at 134.22. The next price resistance is at 135.94. RSI (Relative Strength Index) is 49.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.61, which suggests the price will increase in the coming days. Percent R is at 51.24%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
