Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) Director Joseph Gebbia sold 265,000 shares of the business’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $145.70, for a total value of $38,610,500.00. Following the transaction, the director owned 1,828,518 shares in the company, valued at $266,415,072.60. This represents a 12.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Joseph Gebbia also recently made the following trade(s):
- On Tuesday, July 28th, Joseph Gebbia sold 1,828,303 shares of Airbnb stock. The stock was sold at an average price of $151.67, for a total value of $277,298,716.01.
- On Tuesday, July 7th, Joseph Gebbia sold 2,460 shares of Airbnb stock. The stock was sold at an average price of $150.00, for a total value of $369,000.00.
- On Thursday, July 2nd, Joseph Gebbia sold 27,733 shares of Airbnb stock. The shares were sold at an average price of $150.01, for a total value of $4,160,227.33.
- On Monday, June 29th, Joseph Gebbia sold 294,903 shares of Airbnb stock. The stock was sold at an average price of $148.43, for a total value of $43,772,452.29.
- On Monday, June 15th, Joseph Gebbia sold 265,000 shares of Airbnb stock. The stock was sold at an average price of $138.51, for a total transaction of $36,705,150.00.
- On Monday, June 1st, Joseph Gebbia sold 265,000 shares of Airbnb stock. The shares were sold at an average price of $135.45, for a total transaction of $35,894,250.00.
- On Tuesday, May 26th, Joseph Gebbia sold 2,860 shares of Airbnb stock. The shares were sold at an average price of $133.44, for a total transaction of $381,638.40.
- On Monday, May 18th, Joseph Gebbia sold 54,000 shares of Airbnb stock. The stock was sold at an average price of $134.86, for a total transaction of $7,282,440.00.
- On Monday, May 4th, Joseph Gebbia sold 58,000 shares of Airbnb stock. The stock was sold at an average price of $140.37, for a total value of $8,141,460.00.
Airbnb Price Performance
Airbnb stock opened at $152.08 on Friday. The business has a 50 day simple moving average of $141.24 and a 200 day simple moving average of $134.98. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.44 and a quick ratio of 1.44. The company has a market capitalization of $91.66 billion, a PE ratio of 37.46, a price-to-earnings-growth ratio of 1.64 and a beta of 1.14. Airbnb, Inc. has a one year low of $110.81 and a one year high of $156.50.
Wall Street Analysts Forecast Growth
ABNB has been the topic of several research analyst reports. The Goldman Sachs Group set a $170.00 price objective on shares of Airbnb in a research note on Tuesday. Wells Fargo & Company lifted their price objective on Airbnb from $178.00 to $181.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Evercore restated an “outperform” rating on shares of Airbnb in a research note on Friday, May 8th. Benchmark upped their price target on shares of Airbnb from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, Robert W. Baird increased their price objective on shares of Airbnb from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Monday, June 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $160.65.
View Our Latest Stock Report on ABNB
Institutional Investors Weigh In On Airbnb
Institutional investors and hedge funds have recently modified their holdings of the business. Merit Financial Group LLC grew its stake in shares of Airbnb by 72.1% during the fourth quarter. Merit Financial Group LLC now owns 32,994 shares of the company’s stock worth $4,478,000 after purchasing an additional 13,818 shares during the period. North Dakota State Investment Board acquired a new position in Airbnb in the fourth quarter valued at about $2,785,000. North Star Asset Management Inc. lifted its stake in Airbnb by 13.4% in the fourth quarter. North Star Asset Management Inc. now owns 78,564 shares of the company’s stock valued at $10,663,000 after buying an additional 9,294 shares during the period. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in Airbnb by 18.3% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 223,291 shares of the company’s stock worth $30,305,000 after buying an additional 34,573 shares during the last quarter. Finally, Oxbow Advisors LLC boosted its holdings in Airbnb by 122.9% during the fourth quarter. Oxbow Advisors LLC now owns 50,414 shares of the company’s stock worth $6,842,000 after buying an additional 27,793 shares during the last quarter. 80.76% of the stock is owned by institutional investors.
Trending Headlines about Airbnb
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: UBS raised its price target on Airbnb from $157 to $163 while maintaining a neutral rating, implying additional upside from recent levels. The higher target suggests the firm sees improving earnings or operating prospects, even though it does not recommend aggressively buying the stock. UBS raises Airbnb price target
- Positive Sentiment: Airbnb is expected to report quarterly results next week, and earnings previews from Zacks indicate the company has favorable conditions for a potential beat. Investors are looking for continued revenue growth and profitability after the latest quarter’s revenue increased 17.9% year over year. Airbnb earnings expectations
- Neutral Sentiment: Morgan Stanley raised its price target from $120 to $125 but retained an underweight rating. The target increase is modest and still places the stock well above the firm’s valuation estimate, underscoring disagreement on Airbnb’s growth outlook. Morgan Stanley raises Airbnb price target
- Negative Sentiment: Director Joseph Gebbia sold 265,000 shares for approximately $38.6 million, reducing his direct ownership by 12.66%. The sale follows additional large transactions and may weigh on sentiment ahead of earnings, although insider sales can also reflect planned diversification rather than weaker fundamentals. Joseph Gebbia insider sale
- Negative Sentiment: Airbnb trades at a premium valuation relative to Booking Holdings, while regulatory risks facing short-term rentals remain a concern. Morgan Stanley’s underweight stance reinforces worries that current expectations may already price in much of the company’s growth. Airbnb versus Booking
Airbnb Company Profile
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.
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