Joseph Gebbia Sells 2,860 Shares of Airbnb (NASDAQ:ABNB) Stock

Airbnb, Inc. (NASDAQ:ABNB) Director Joseph Gebbia sold 2,860 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $133.44, for a total transaction of $381,638.40. Following the sale, the director owned 3,447,355 shares in the company, valued at approximately $460,015,051.20. This trade represents a 0.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Monday, May 18th, Joseph Gebbia sold 54,000 shares of Airbnb stock. The shares were 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 shares were sold at an average price of $140.37, for a total transaction of $8,141,460.00.
• 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.

Airbnb Stock Performance

Shares of ABNB stock opened at $134.50 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.44 and a current ratio of 1.44. Airbnb, Inc. has a one year low of $110.81 and a one year high of $147.25. The company’s 50-day simple moving average is $133.89 and its 200-day simple moving average is $130.17. The stock has a market capitalization of $81.06 billion, a price-to-earnings ratio of 33.13, a PEG ratio of 1.42 and a beta of 1.20.

Airbnb (NASDAQ:ABNB) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.05). Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the previous year, the business posted $0.24 EPS. The business’s revenue for the quarter was up 17.9% on a year-over-year basis. Equities analysts anticipate that Airbnb, Inc. will post 4.91 earnings per share for the current fiscal year.

Analyst Ratings Changes

ABNB has been the subject of a number of recent research reports. Raymond James Financial raised shares of Airbnb from a “market perform” rating to a “strong-buy” rating in a research report on Monday, May 4th. Tigress Financial reduced their price target on shares of Airbnb from $200.00 to $185.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Truist Financial raised shares of Airbnb from a “sell” rating to a “hold” rating and boosted their price target for the company from $107.00 to $129.00 in a report on Thursday, March 26th. Wedbush upgraded shares of Airbnb from a “neutral” rating to a “neutral” rating in a research report on Monday, May 4th. Finally, TD Cowen upped their target price on shares of Airbnb from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $157.67.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Airbnb by 1.7% in the third quarter. Vanguard Group Inc. now owns 38,295,288 shares of the company’s stock valued at $4,649,814,000 after acquiring an additional 649,323 shares in the last quarter. Harris Associates L P boosted its stake in Airbnb by 21.0% in the 4th quarter. Harris Associates L P now owns 18,694,408 shares of the company’s stock worth $2,537,205,000 after purchasing an additional 3,240,477 shares during the period. Geode Capital Management LLC boosted its stake in Airbnb by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 10,076,465 shares of the company’s stock worth $1,368,338,000 after purchasing an additional 47,966 shares during the period. AQR Capital Management LLC grew its stake in Airbnb by 58.4% during the 4th quarter. AQR Capital Management LLC now owns 6,762,784 shares of the company’s stock valued at $917,845,000 after acquiring an additional 2,492,847 shares in the last quarter. Finally, Clearbridge Investments LLC grew its stake in Airbnb by 3.7% during the 4th quarter. Clearbridge Investments LLC now owns 6,073,947 shares of the company’s stock valued at $824,356,000 after acquiring an additional 216,455 shares in the last quarter. Institutional investors own 80.76% of the company’s stock.

Key Headlines Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb expanded its travel platform with new trip-planning services such as airport pickups, grocery delivery, luggage storage, and car rentals, which could strengthen its ecosystem and support higher customer spending. Airbnb Expands Travel Platform with Airport Pickups, Grocery Delivery, and Car Rentals
• Positive Sentiment: Airbnb-backed startup WeRoad raised $58 million in a round led by Airbnb, reinforcing Airbnb’s involvement in travel innovation and potential growth opportunities beyond its core booking business. Airbnb-backed WeRoad raises $58M to take its group travel platform to the US
• Neutral Sentiment: Airbnb CEO Brian Chesky said chatbots are not the future of AI consumer products, highlighting the company’s focus on practical consumer-facing AI rather than generic chatbot products. Airbnb CEO Brian Chesky: Chatbots Are Not The Future Of AI — Consumer Products Are
• Neutral Sentiment: Airbnb continued to attract investor attention in market commentary, suggesting the stock remains on traders’ radar but without a clear new catalyst from that coverage. Airbnb, Inc. (ABNB) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Director Joseph Gebbia sold 2,860 shares of Airbnb stock, adding to recent insider selling and potentially pressuring sentiment around the name. Airbnb (NASDAQ:ABNB) Director Joseph Gebbia Sells 2,860 Shares

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.