Airbnb Inc’s recently made public that its Officer BALOGH ARISTOTLE N acquired Company’s shares for reported $89705.0 on Jan 28 ’25. In the deal valued at $128.15 per share,700 shares were bought.
Then, BALOGH ARISTOTLE N sold 700 shares, generating $94,829 in total proceeds. Upon selling the shares at $135.47, the Chief Technology Officer now owns 183,314 shares.
Before that, Chesky Brian sold 38,461 shares. Airbnb Inc shares valued at $5,122,773 were divested by the CEO and Chairman at a price of $133.19 per share. As a result of the transaction, Chesky Brian now holds 12,460,447 shares, worth roughly $1.63 billion.
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 Tuesday, Airbnb Inc [NASDAQ:ABNB] saw its stock jump 1.62% to $131.05. Over the last five days, the stock has lost -1.52%. Airbnb Inc shares have fallen nearly -0.27% since the year began. Nevertheless, the stocks have fallen -7.78% 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 01/27/25. SMA at 50 days reached $133.75, while 200 days put it at $137.48.
Levels Of Support And Resistance For ABNB Stock
The 24-hour chart illustrates a support level at 128.13, which if violated will result in even more drops to 125.22. On the upside, there is a resistance level at 132.69. A further resistance level may holdings at 134.34. The Relative Strength Index (RSI) on the 14-day chart is 47.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.37%. Stochastics %K at 26.18% 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 2025-01-15, growing by 0.34 million shares to a total of 15.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 15.16 million shares. There was a rise of 2.17%, which implies that there is a positive sentiment for the stock.