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The Potential Rise in the Price of Airbnb Inc (ABNB) following insiders activity

In a filing, Airbnb Inc revealed its Officer BALOGH ARISTOTLE N acquired Company’s shares for reported $94668.0 on Feb 11 ’25. In the deal valued at $135.24 per share,700 shares were bought.

Then, Mertz Elinor sold 6,250 shares, generating $809,875 in total proceeds. Upon selling the shares at $129.58, the Chief Financial Officer now owns 484,988 shares.

Before that, BALOGH ARISTOTLE N sold 700 shares. Airbnb Inc shares valued at $90,706 were divested by the Chief Technology Officer at a price of $129.58 per share. As a result of the transaction, BALOGH ARISTOTLE N now holds 181,914 shares, worth roughly $24.47 million.

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 fall -0.53% to $134.52. Over the last five days, the stock has gained 2.89%. Airbnb Inc shares have risen nearly 2.37% since the year began. Nevertheless, the stocks have fallen -10.64% over the past one year. While a 52-week high of $170.10 was reached on 02/07/25, a 52-week low of $110.38 was recorded on 01/27/25. SMA at 50 days reached $133.21, while 200 days put it at $136.14.

Levels Of Support And Resistance For ABNB Stock

The 24-hour chart illustrates a support level at 133.66, which if violated will result in even more drops to 132.79. On the upside, there is a resistance level at 135.82. A further resistance level may holdings at 137.11. The Relative Strength Index (RSI) on the 14-day chart is 55.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.25, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 35.93%. Stochastics %K at 66.91% 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 2025-01-31, growing by 0.97 million shares to a total of 15.33 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 14.36 million shares. There was a rise of 6.31%, which implies that there is a positive sentiment for the stock.

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