BNP Paribas Financial Markets Reduces $261M in Airbnb, Inc. ($ABNB)
Key Points
- BNP Paribas Financial Markets changed its Airbnb, Inc. ($ABNB) stake by 57.5% last quarter, cutting to 1,469,395 shares worth $192.30 million.
- Wall Street's consensus rating on $ABNB is Buy and an average price target of $156.47.
- $ABNB last traded around $130.87.
BNP Paribas Financial Markets reduced its position in Airbnb, Inc. ($ABNB) by 57.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,469,395 shares of Airbnb, Inc. after selling 1,991,675 shares during the quarter. BNP Paribas Financial Markets's holdings in Airbnb, Inc. were worth $192.30 million as of its most recent filing.
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About Airbnb, Inc.
Airbnb, Inc., together with its subsidiaries, operates a platform for stays, experiences, and services worldwide. The company's marketplace connects hosts and guests online or through mobile devices to book spaces, experiences, and services. It also offers gift cards. The company was formerly known as AirBed & Breakfast, Inc. and changed its name to Airbnb, Inc. in November 2010. Airbnb, Inc. was founded in 2007 and is headquartered in San Francisco, California.
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