GuruFocus - A recent filing with the Securities and Exchange Commission revealed that Elinor Mertz, Chief Financial Officer of Airbnb Inc (NASDAQ:ABNB), sold 10,500 shares of the company on September 4, 2024. Following this transaction, the insider now directly owns 543,322 shares in the company.
Airbnb Inc (NASDAQ:ABNB) operates an online marketplace for lodging, primarily homestays for vacation rentals, and tourism activities. It is based in San Francisco, California.
Over the past year, Elinor Mertz has sold a total of 27,274 shares of Airbnb Inc and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 123 insider sells and no insider buys over the past year.
On the date of the sale, shares of Airbnb Inc were trading at $115.88, giving the company a market cap of approximately $73.46 billion. The price-earnings ratio of the stock stood at 15.67, which is below both the industry median of 18.24 and the companys historical median.
The GF Value of the stock is $165.82, indicating a price-to-GF-Value ratio of 0.7. This suggests that the stock might be a possible value trap, and investors should think twice before making an investment decision based on the GF Value.
This insider sale could be of interest to investors tracking insider behaviors and company valuation metrics to gauge potential investment opportunities or risks associated with Airbnb Inc (NASDAQ:ABNB).
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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