Airbnb (NASDAQ:ABNB) CAO David Bernstein Sells 1,756 Shares of Company Stock

Airbnb, Inc. (NASDAQ:ABNB) CAO David Bernstein sold 1,756 shares of the company’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $167.38, for a total transaction of $293,919.28. Following the transaction, the chief accounting officer owned 43,899 shares of the company’s stock, valued at $7,347,814.62. This trade represents a 3.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Airbnb Stock Up 5.6%

Shares of ABNB opened at $176.37 on Thursday. Airbnb, Inc. has a 52 week low of $110.81 and a 52 week high of $193.45. The stock has a market capitalization of $105.61 billion, a price-to-earnings ratio of 40.08, a PEG ratio of 1.91 and a beta of 1.26. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.41 and a current ratio of 1.41. The stock has a fifty day moving average of $169.32 and a 200-day moving average of $147.22.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.11. Airbnb had a return on equity of 33.38% and a net margin of 20.45%. The company had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $3.58 billion. During the same quarter last year, the business posted $1.03 EPS. Airbnb’s revenue for the quarter was up 16.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Airbnb, Inc. will post 5.29 earnings per share for the current fiscal year.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb has added more than 1 million listings to American Express Travel. Eligible U.S. cardholders can earn Membership Rewards points and receive statement credits on qualifying Airbnb bookings, giving the company access to Amex’s travel customers and a potential new booking channel. Airbnb brings over 1 million listings to a major card travel portal
• Positive Sentiment: UBS raised its price target to $181 from $172, while keeping a neutral rating. The higher target is a modestly supportive analyst signal, though the neutral rating indicates limited conviction. UBS price-target update
• Neutral Sentiment: Investors are looking for Q3 updates on travel demand, bookings, and AI-related improvements. Previews see these as potential supports for results, but note that higher costs could weigh on margins; the actual results are due Nov. 5. Airbnb to report Q3 earnings: what’s in store for the stock?
• Negative Sentiment: Options-market data cited by Barchart suggests investors are bracing for a potentially downward move after earnings. This reflects event risk and expectations—not a confirmed forecast of Airbnb’s results or share-price direction. Barchart options data ahead of earnings
• Negative Sentiment: CEO Brian Chesky said his “founder mode” leadership approach contributed to the departure of executives who did not want to work under it. The comments may draw attention to leadership and retention risks, although they describe past challenges. Airbnb CEO discusses founder mode and executive departures
• Negative Sentiment: Chief Accounting Officer David Bernstein sold 1,756 shares, reducing his holdings by 3.85%. He still owns 43,899 shares, so the sale is a limited insider signal. SEC filing on David Bernstein’s stock sale

Institutional Investors Weigh In On Airbnb

Institutional investors have recently made changes to their positions in the stock. Wellington Management Group LLP grew its holdings in Airbnb by 80.6% in the second quarter. Wellington Management Group LLP now owns 5,785,665 shares of the company’s stock worth $827,929,000 after purchasing an additional 2,581,539 shares during the period. Amundi grew its stake in Airbnb by 8.6% in the first quarter. Amundi now owns 4,686,765 shares of the company’s stock valued at $591,845,000 after acquiring an additional 370,426 shares during the period. Assenagon Asset Management S.A. increased its holdings in shares of Airbnb by 114.6% during the third quarter. Assenagon Asset Management S.A. now owns 3,401,521 shares of the company’s stock valued at $546,454,000 after acquiring an additional 1,816,522 shares in the last quarter. Jennison Associates LLC increased 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 valued at $400,681,000 after acquiring an additional 3,139,315 shares in the last quarter. Finally, Pacer Advisors Inc. raised its position in shares of Airbnb by 2.5% during the first quarter. Pacer Advisors Inc. now owns 2,325,214 shares of the company’s stock worth $293,628,000 after purchasing an additional 56,250 shares during the period. Institutional investors own 80.76% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on ABNB shares. Rothschild & Co Redburn boosted their price target on Airbnb from $115.00 to $135.00 and gave the stock a “sell” rating in a report on Monday, August 10th. Rosenblatt Securities initiated coverage on shares of Airbnb in a report on Tuesday, September 1st. They issued a “buy” rating and a $220.00 price objective for the company. Cantor Fitzgerald assumed coverage on shares of Airbnb in a report on Friday, October 2nd. They issued an “overweight” rating for the company. Phillip Securities downgraded shares of Airbnb from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, August 11th. Finally, Royal Bank Of Canada assumed coverage on shares of Airbnb in a report on Friday, October 2nd. They set an “outperform” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $182.65.

About Airbnb

Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and service providers. Its platform enables users to search for, book and review a broad range of stays, including private rooms, entire homes, apartments and other distinctive properties.

In addition to lodging, Airbnb offers experiences and activities hosted by local individuals and businesses. The company also provides tools and services that help hosts create listings, manage bookings, communicate with guests and receive payments.