Airbnb (NASDAQ:ABNB) Director Joseph Gebbia Sells 58,000 Shares of Stock

Airbnb, Inc. (NASDAQ:ABNB) Director Joseph Gebbia sold 58,000 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $140.37, for a total transaction of $8,141,460.00. Following the sale, the director directly owned 54,015 shares of the company’s stock, valued at $7,582,085.55. The trade was a 51.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, April 20th, Joseph Gebbia sold 58,000 shares of Airbnb stock. The shares were sold at an average price of $142.59, for a total transaction of $8,270,220.00.
• On Monday, April 6th, Joseph Gebbia sold 58,000 shares of Airbnb stock. The shares were sold at an average price of $126.16, for a total transaction of $7,317,280.00.
• On Monday, March 23rd, Joseph Gebbia sold 58,000 shares of Airbnb stock. The shares were sold at an average price of $132.51, for a total transaction of $7,685,580.00.
• On Monday, March 9th, Joseph Gebbia sold 58,000 shares of Airbnb stock. The shares were sold at an average price of $131.27, for a total transaction of $7,613,660.00.
• On Monday, February 23rd, Joseph Gebbia sold 58,000 shares of Airbnb stock. The shares were sold at an average price of $121.97, for a total transaction of $7,074,260.00.
• On Monday, February 9th, Joseph Gebbia sold 58,000 shares of Airbnb stock. The shares were sold at an average price of $121.15, for a total transaction of $7,026,700.00.

Airbnb Stock Up 0.1%

NASDAQ:ABNB opened at $139.88 on Thursday. Airbnb, Inc. has a 52 week low of $110.81 and a 52 week high of $147.25. The firm has a 50 day moving average of $133.12 and a 200 day moving average of $129.19. The stock has a market capitalization of $85.15 billion, a price-to-earnings ratio of 34.62, a PEG ratio of 1.70 and a beta of 1.20.

Airbnb (NASDAQ:ABNB) last posted 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 period in the previous year, the company earned $0.73 EPS. The company’s revenue was up 12.9% on a year-over-year basis. As a group, analysts expect that Airbnb, Inc. will post 4.95 EPS for the current year.

Key Headlines Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Evercore ISI reaffirmed a buy stance on ABNB, providing institutional-level support ahead of earnings. Evercore ISI Sticks to Its Buy Rating for Airbnb (ABNB)
• Positive Sentiment: Oppenheimer upgraded Airbnb, raising analyst attention and pushing some upside expectations for the stock. Oppenheimer upgrades Airbnb (ABNB)
• Positive Sentiment: Options-market flow shows traders are positioned for upside around the Q1 report, implying expectations for a positive post-earnings move. Ahead of Airbnb Earnings, Here Is What Barchart Options Data Shows for ABNB Stock
• Neutral Sentiment: Coverage pieces previewing Q1 (revenue, GBV, AI initiatives) are increasing attention but contain mixed signals; they frame what metrics will move the stock after results. Airbnb: At $140 Into Q1 Earnings I Would Sell
• Neutral Sentiment: General earnings previews and calendar mentions (including CNBC/Yahoo previews) keep ABNB in focus with market-wide macro and Fed commentary that could influence reaction to results. McDonald’s earnings, Fed commentary, labor data: What to Watch
• Neutral Sentiment: CEO Brian Chesky’s comments that “people managers” may become obsolete as AI advances have drawn attention to Airbnb’s AI strategy — potentially positive for long-term efficiency but uncertain for near-term execution and culture. Airbnb CEO says he doesn’t think people managers ‘will have any value in the future’
• Negative Sentiment: Director Joseph Gebbia sold 58,000 shares (~$8.14M) on May 4, cutting his stake materially — a large insider sale that can be viewed negatively by investors. SEC filing: Joseph Gebbia sale
• Negative Sentiment: CFO Elinor Mertz also sold 3,750 shares (~$536k), a smaller but notable insider transaction disclosed in SEC filings. SEC filing: Elinor Mertz sale
• Negative Sentiment: A recent opinion piece recommended selling ABNB into earnings, reflecting some analyst/sentiment skepticism that could pressure the stock if results disappoint. Airbnb: At $140 Into Q1 Earnings I Would Sell

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. AIA Group Ltd raised its holdings in shares of Airbnb by 16.6% during the first quarter. AIA Group Ltd now owns 59,100 shares of the company’s stock worth $7,463,000 after purchasing an additional 8,400 shares during the last quarter. Mediolanum International Funds Ltd raised its holdings in shares of Airbnb by 5.8% during the first quarter. Mediolanum International Funds Ltd now owns 114,397 shares of the company’s stock worth $14,082,000 after purchasing an additional 6,294 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Airbnb by 9,331.0% during the first quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock worth $400,681,000 after purchasing an additional 3,139,315 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Airbnb by 1.8% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 11,230 shares of the company’s stock worth $1,418,000 after purchasing an additional 197 shares during the last quarter. Finally, California Public Employees Retirement System raised its holdings in shares of Airbnb by 9.0% during the first quarter. California Public Employees Retirement System now owns 892,358 shares of the company’s stock worth $112,687,000 after purchasing an additional 73,844 shares during the last quarter. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ABNB shares. Benchmark dropped their price objective on shares of Airbnb from $155.00 to $145.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Airbnb in a research report on Monday, April 20th. DA Davidson lowered their price target on Airbnb from $155.00 to $150.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Needham & Company LLC initiated coverage on Airbnb in a research report on Monday. They set a “buy” rating for the company. Finally, Cantor Fitzgerald raised Airbnb from a “neutral” rating to an “overweight” rating in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $153.00.

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.