Airbnb Inc (ABNB) Insider Sell: CTO Aristotle Balogh Sells 500 Shares

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6 days ago
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On December 2, 2024, Aristotle Balogh, Chief Technology Officer at Airbnb Inc, sold 500 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 185,414 shares of Airbnb Inc. Airbnb Inc (ABNB, Financial) is a global online marketplace that connects people who want to rent out their homes with those looking for accommodations. The platform allows hosts to list their available spaces and provides travelers with a variety of lodging options, ranging from single rooms to entire homes. 1864461693279694848.png Over the past year, Aristotle Balogh has sold a total of 412,728 shares and has not purchased any shares. The insider transaction history for Airbnb Inc shows that there have been 0 insider buys and 110 insider sells over the same timeframe. 1864461728880947200.png As of the date of the recent transaction, shares of Airbnb Inc were trading at $136.01, giving the stock a market cap of $86.887 billion. The company's price-earnings ratio stands at 48.80, which is higher than the industry median of 19.6 and also higher than the company’s historical median price-earnings ratio. With a price of $136.01 and a GF Value of $166.35, Airbnb Inc has a price-to-GF-Value ratio of 0.82, indicating that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.