Airbnb (NASDAQ:ABNB) Shares Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Airbnb, Inc. (NASDAQ:ABNB). In a filing disclosed on April 28th, the Representative disclosed that they had sold between $1,001 and $15,000 in Airbnb stock on April 8th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DexCom (NASDAQ:DXCM) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Invesco (NYSE:IVZ) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Generac (NYSE:GNRC) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Occidental Petroleum (NYSE:OXY) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Best Buy (NYSE:BBY) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of EOG Resources (NYSE:EOG) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of CSX (NASDAQ:CSX) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Valero Energy (NYSE:VLO) on 4/8/2025.

Airbnb Price Performance

ABNB opened at $125.49 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.69 and a quick ratio of 1.69. The stock’s 50 day simple moving average is $124.38 and its 200 day simple moving average is $131.78. The firm has a market cap of $79.13 billion, a price-to-earnings ratio of 30.38, a PEG ratio of 3.52 and a beta of 1.15. Airbnb, Inc. has a 1 year low of $99.88 and a 1 year high of $165.50.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.12. Airbnb had a return on equity of 32.29% and a net margin of 23.85%. As a group, analysts predict that Airbnb, Inc. will post 4.31 earnings per share for the current year.

Wall Street Analyst Weigh In

ABNB has been the subject of several research analyst reports. Needham & Company LLC reiterated a “hold” rating on shares of Airbnb in a report on Friday, February 14th. UBS Group cut their price target on shares of Airbnb from $160.00 to $138.00 and set a “neutral” rating on the stock in a report on Monday. Tigress Financial raised their target price on shares of Airbnb from $195.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, March 14th. Barclays boosted their price target on shares of Airbnb from $110.00 to $120.00 and gave the company an “underweight” rating in a research report on Friday, February 14th. Finally, Morgan Stanley lifted their price objective on Airbnb from $125.00 to $130.00 and gave the company an “underweight” rating in a research report on Thursday, April 17th. Four research analysts have rated the stock with a sell rating, eighteen have given a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $146.06.

Insider Activity at Airbnb

In other news, CEO Brian Chesky sold 230,772 shares of Airbnb stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $161.16, for a total transaction of $37,191,215.52. Following the transaction, the chief executive officer now directly owns 12,000,913 shares of the company’s stock, valued at $1,934,067,139.08. The trade was a 1.89 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Elinor Mertz sold 6,250 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $129.58, for a total transaction of $809,875.00. Following the completion of the sale, the chief financial officer now directly owns 484,988 shares of the company’s stock, valued at $62,844,745.04. This represents a 1.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,998,146 shares of company stock worth $272,401,900. Corporate insiders own 27.83% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ABNB. Norges Bank purchased a new position in shares of Airbnb in the fourth quarter worth approximately $433,374,000. Clearbridge Investments LLC boosted its stake in shares of Airbnb by 147.3% during the 4th quarter. Clearbridge Investments LLC now owns 4,349,026 shares of the company’s stock worth $571,505,000 after acquiring an additional 2,590,475 shares during the last quarter. Two Sigma Advisers LP boosted its stake in shares of Airbnb by 512.0% during the 4th quarter. Two Sigma Advisers LP now owns 3,080,300 shares of the company’s stock worth $404,782,000 after acquiring an additional 2,577,000 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Airbnb by 74.4% during the 1st quarter. Principal Financial Group Inc. now owns 3,255,682 shares of the company’s stock valued at $388,924,000 after acquiring an additional 1,389,251 shares during the period. Finally, Assenagon Asset Management S.A. increased its stake in shares of Airbnb by 119.7% in the 1st quarter. Assenagon Asset Management S.A. now owns 1,506,704 shares of the company’s stock worth $179,991,000 after purchasing an additional 820,887 shares in the last quarter. 80.76% of the stock is owned by hedge funds and other institutional investors.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Airbnb Company Profile

Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.