Brian Chesky Sells 4,195 Shares of Airbnb (NASDAQ:ABNB) Stock

Airbnb, Inc. (NASDAQ:ABNB) CEO Brian Chesky sold 4,195 shares of the stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $135.71, for a total transaction of $569,303.45. Following the completion of the sale, the chief executive officer owned 10,732,428 shares of the company’s stock, valued at approximately $1,456,497,803.88. This trade represents a 0.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Brian Chesky also recently made the following trade(s):

• On Monday, June 8th, Brian Chesky sold 37,704 shares of Airbnb stock. The shares were sold at an average price of $135.34, for a total transaction of $5,102,859.36.
• On Friday, June 5th, Brian Chesky sold 16,515 shares of Airbnb stock. The stock was sold at an average price of $135.17, for a total transaction of $2,232,332.55.
• On Thursday, June 4th, Brian Chesky sold 64,333 shares of Airbnb stock. The stock was sold at an average price of $136.14, for a total transaction of $8,758,294.62.
• On Tuesday, June 2nd, Brian Chesky sold 62,764 shares of Airbnb stock. The stock was sold at an average price of $134.00, for a total transaction of $8,410,376.00.
• On Monday, June 1st, Brian Chesky sold 15,226 shares of Airbnb stock. The stock was sold at an average price of $136.62, for a total transaction of $2,080,176.12.
• On Monday, June 1st, Brian Chesky sold 184,513 shares of Airbnb stock. The stock was sold at an average price of $135.80, for a total transaction of $25,056,865.40.
• On Friday, May 29th, Brian Chesky sold 4,774 shares of Airbnb stock. The stock was sold at an average price of $135.16, for a total transaction of $645,253.84.
• On Friday, May 29th, Brian Chesky sold 103,937 shares of Airbnb stock. The stock was sold at an average price of $134.39, for a total transaction of $13,968,093.43.
• On Thursday, May 28th, Brian Chesky sold 265,746 shares of Airbnb stock. The stock was sold at an average price of $132.22, for a total transaction of $35,136,936.12.
• On Wednesday, May 27th, Brian Chesky sold 20,000 shares of Airbnb stock. The stock was sold at an average price of $133.17, for a total transaction of $2,663,400.00.

Airbnb Trading Up 1.4%

NASDAQ:ABNB opened at $130.87 on Friday. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $78.88 billion, a PE ratio of 32.23, a price-to-earnings-growth ratio of 1.38 and a beta of 1.16. The firm’s 50 day moving average is $134.76 and its 200 day moving average is $131.24. Airbnb, Inc. has a 12 month low of $110.81 and a 12 month high of $147.25.

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

Trending Headlines about Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb shares have been moving higher, with recent trading showing the stock recovering after a period of weakness and attracting renewed investor interest. Article Title
• Positive Sentiment: Analysts remain generally constructive on ABNB, with multiple firms maintaining buy or outperform ratings and the average price target still above the current trading range. Article Title
• Neutral Sentiment: Several articles framed Airbnb as a “trending” or “value” stock, but these pieces were more about investor screening than a clear new catalyst for the shares. Article Title
• Neutral Sentiment: At Airbnb’s annual meeting, shareholders re-elected the board, auditor, and approved executive pay, suggesting governance continuity rather than a major strategic shift. Article Title
• Negative Sentiment: CEO Brian Chesky disclosed another round of stock sales, and repeated insider selling can create a cautious tone for investors even if the transactions are relatively small versus his overall stake. Article Title
• Negative Sentiment: Rising regulatory scrutiny of short-term rentals, including new rules in Cape Town, highlights a broader risk that could pressure Airbnb’s operating model in some markets. Article Title

Institutional Inflows and Outflows

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

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ABNB. Truist Financial upgraded shares of Airbnb from a “sell” rating to a “hold” rating and lifted their price objective for the company from $107.00 to $129.00 in a research note on Thursday, March 26th. Citizens Jmp lifted their price objective on shares of Airbnb from $160.00 to $170.00 and gave the company a “market outperform” rating in a research note on Friday, May 8th. Jefferies Financial Group set a $160.00 price objective on shares of Airbnb in a research note on Friday, June 5th. TD Cowen lifted their price objective on shares of Airbnb from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Finally, Evercore reiterated an “outperform” rating on shares of Airbnb in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $157.76.

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.