Insider Selling: Airbnb (NASDAQ:ABNB) Director Sells 58,000 Shares of Stock

Airbnb, Inc. (NASDAQ:ABNB) Director Joseph Gebbia sold 58,000 shares of the firm’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $142.59, for a total value of $8,270,220.00. Following the sale, the director directly owned 112,015 shares of the company’s stock, valued at $15,972,218.85. The trade was a 34.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Joseph Gebbia also recently made the following trade(s):

• On Monday, April 6th, Joseph Gebbia sold 58,000 shares of Airbnb stock. The stock was sold at an average price of $126.16, for a total value of $7,317,280.00.
• On Monday, March 23rd, Joseph Gebbia sold 58,000 shares of Airbnb stock. The stock was sold at an average price of $132.51, for a total value of $7,685,580.00.
• On Monday, March 9th, Joseph Gebbia sold 58,000 shares of Airbnb stock. The stock was sold at an average price of $131.27, for a total value of $7,613,660.00.
• On Monday, February 23rd, Joseph Gebbia sold 58,000 shares of Airbnb stock. The stock was sold at an average price of $121.97, for a total value of $7,074,260.00.
• On Monday, February 9th, Joseph Gebbia sold 58,000 shares of Airbnb stock. The stock was sold at an average price of $121.15, for a total value of $7,026,700.00.
• On Monday, January 26th, Joseph Gebbia sold 58,000 shares of Airbnb stock. The stock was sold at an average price of $133.28, for a total value of $7,730,240.00.

Airbnb Price Performance

Shares of NASDAQ:ABNB traded up $1.53 during midday trading on Wednesday, reaching $144.18. 4,080,716 shares of the company’s stock were exchanged, compared to its average volume of 4,367,847. The firm’s 50 day simple moving average is $129.80 and its two-hundred day simple moving average is $127.91. The stock has a market cap of $87.76 billion, a price-to-earnings ratio of 35.69, a P/E/G ratio of 1.74 and a beta of 1.15. Airbnb, Inc. has a fifty-two week low of $110.81 and a fifty-two week high of $147.25.

Airbnb (NASDAQ:ABNB) last announced its earnings results on Thursday, February 12th. The company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.10). Airbnb had a net margin of 20.51% and a return on equity of 30.88%. The firm had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.71 billion. During the same quarter last year, the business earned $0.73 earnings per share. The business’s revenue was up 12.9% compared to the same quarter last year. Equities research analysts predict that Airbnb, Inc. will post 4.96 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Truist Financial upgraded Airbnb from a “sell” rating to a “hold” rating and raised their target price for the company from $107.00 to $129.00 in a report on Thursday, March 26th. B. Riley Financial upgraded Airbnb from a “neutral” rating to a “buy” rating and raised their target price for the company from $140.00 to $170.00 in a report on Monday, January 12th. Wedbush restated a “neutral” rating and set a $130.00 target price on shares of Airbnb in a report on Friday, February 13th. Citigroup upgraded Airbnb from a “neutral” rating to an “outperform” rating in a research note on Wednesday, February 4th. Finally, Mizuho lifted their price objective on Airbnb from $156.00 to $175.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $151.08.

Institutional Investors Weigh In On Airbnb

Hedge funds and other institutional investors have recently modified their holdings of the company. Caxton Associates LLP purchased a new stake in Airbnb during the first quarter worth approximately $258,000. Intech Investment Management LLC lifted its stake in Airbnb by 55.8% during the first quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock worth $1,453,000 after purchasing an additional 4,353 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in Airbnb by 18.8% during the second quarter. Sivia Capital Partners LLC now owns 5,866 shares of the company’s stock worth $776,000 after purchasing an additional 927 shares during the last quarter. WINTON GROUP Ltd purchased a new stake in Airbnb during the second quarter worth approximately $411,000. Finally, NewEdge Advisors LLC lifted its stake in Airbnb by 9.8% during the second quarter. NewEdge Advisors LLC now owns 54,054 shares of the company’s stock worth $7,153,000 after purchasing an additional 4,811 shares during the last quarter. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Wells Fargo upgraded ABNB to Overweight and raised its price target to $178 (from $136), calling a potential “significant business inflection” that could restart margin and growth momentum; that upgrade is the main near-term bullish catalyst. Wells Fargo Upgrade
• Positive Sentiment: ABNB recently hit a new 52-week peak as investors position ahead of Q1 results, signaling bullish sentiment into earnings season. 52-Week Peak
• Neutral Sentiment: Wall Street expects double-digit EPS growth for the quarter, which sets a positive baseline but also raises expectations that could be hard to beat. Earnings Preview
• Neutral Sentiment: Media coverage notes recent share strength despite broader market weakness; that indicates stock-specific drivers (analyst upgrade, 52-week high) rather than a sector-wide move. Market Note
• Neutral Sentiment: OpenAI has hired an Airbnb executive to lead EMEA operations — a sign of talent mobility between tech sectors; the direct operational impact on Airbnb is limited but worth watching for leadership changes. OpenAI Hire
• Negative Sentiment: Some analysts and commentary warn that FQ2 guidance could disappoint amid travel disruptions, and raise concerns that near-term risks (demand volatility, rising supply incentives) could pressure margins. These cautionary views cap upside until results and guidance confirm the recovery thesis. Guidance Risk
• Negative Sentiment: Analysis also flags a potential “identity shift” for Airbnb (changes to business mix or host/guest economics) that could pressure long-term margins if execution or monetization falters. Margin/Strategy Risk

About Airbnb

Airbnb, Inc (NASDAQ: ABNB) operates a global online marketplace that connects travelers with hosts offering short-term lodging, unique accommodations and related travel experiences. The company’s core platform enables individuals and professional property managers to list private homes, apartments, single rooms and entire properties, while providing search, booking and payment processing for guests. Airbnb earns revenue primarily through service fees charged to guests and hosts and offers tools to facilitate reservations, communications, and logistics between parties.

Beyond accommodations, Airbnb has expanded its product portfolio to include curated experiences led by local hosts, higher-end offerings such as Airbnb Luxe, and programs aimed at enhancing quality and safety like Airbnb Plus.