Insider Selling: Airbnb (NASDAQ:ABNB) Director Sells $38,610,500.00 in Stock

Airbnb, Inc. (NASDAQ:ABNB) 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 completion of the sale, the director directly owned 1,828,518 shares of the company’s stock, valued at $266,415,072.60. The trade was a 12.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through 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 shares were 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 shares were sold at an average price of $138.51, for a total value of $36,705,150.00.
• On Monday, June 1st, Joseph Gebbia sold 265,000 shares of Airbnb stock. The stock was 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 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.

Airbnb Stock Down 0.4%

Shares of NASDAQ:ABNB opened at $151.52 on Friday. The stock has a market cap of $91.32 billion, a P/E ratio of 37.32, a P/E/G ratio of 1.63 and a beta of 1.14. The firm has a fifty day moving average price of $141.62 and a 200 day moving average price of $135.10. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.44 and a quick ratio of 1.44. Airbnb, Inc. has a 1-year low of $110.81 and a 1-year high of $156.50.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same quarter in the prior year, the firm posted $0.24 earnings per share. The company’s revenue for the quarter was up 17.9% compared to the same quarter last year. Sell-side analysts predict that Airbnb, Inc. will post 4.93 EPS for the current year.

Key Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb’s upcoming earnings report is expected to show continued earnings growth, with analysts looking for a potential beat based on improving revenue trends and expectations. The company’s previous quarter delivered revenue above estimates and 17.9% year-over-year growth, although EPS fell short. Airbnb Earnings Expected to Grow
• Positive Sentiment: Recent commentary points to continued long-term growth potential from Airbnb’s global marketplace, expanded travel offerings and the possibility of another major growth cycle. The stock’s position above key moving averages also indicates sustained momentum. Airbnb Momentum Opens a Bigger Debate
• Neutral Sentiment: UBS raised its price target for ABNB to $163 from $157 while maintaining a Neutral rating. The higher target acknowledges some upside, but the unchanged rating signals that the firm still sees balanced risk and reward at current valuation levels. UBS Raises Airbnb Price Target
• Negative Sentiment: Morgan Stanley maintained its Sell/Underweight view, raising its price target only modestly to $125 from $120. The target remains well below recent trading levels, highlighting concerns that Airbnb’s premium valuation may not be supported by near-term growth. Morgan Stanley Maintains Sell Rating
• Negative Sentiment: Director Joseph Gebbia sold approximately 2.1 million shares for about $315.9 million across July 27 and 28, liquidating his indirect Class A holdings. The unusually large sale, following additional recent insider transactions, could weigh on investor sentiment even though it does not necessarily indicate deteriorating fundamentals. Joseph Gebbia Sells Airbnb Shares
• Negative Sentiment: Airbnb trades at a richer valuation than Booking Holdings, while regulatory risks affecting short-term rentals remain an overhang. Investors may therefore demand stronger earnings and guidance to justify the premium multiple. Airbnb Versus Booking

Analyst Upgrades and Downgrades

Several analysts have commented on ABNB shares. Wedbush began coverage on Airbnb in a research note on Thursday, July 16th. They set a “neutral” rating and a $152.00 price objective for the company. UBS Group lifted their target price on Airbnb from $157.00 to $163.00 and gave the company a “neutral” rating in a research note on Thursday. Citigroup reissued a “market outperform” rating on shares of Airbnb in a report on Tuesday. Citizens Jmp increased their price target on Airbnb from $160.00 to $170.00 and gave the stock a “market outperform” rating in a report on Friday, May 8th. Finally, Barclays lifted their price objective on shares of Airbnb from $122.00 to $125.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $160.65.

Institutional Investors Weigh In On Airbnb

Institutional investors have recently added to or reduced their stakes in the business. Commerzbank Aktiengesellschaft FI grew its holdings in shares of Airbnb by 1.3% in the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 5,754 shares of the company’s stock worth $727,000 after acquiring an additional 76 shares during the period. Patton Fund Management Inc. increased its stake in Airbnb by 4.3% in the 4th quarter. Patton Fund Management Inc. now owns 1,874 shares of the company’s stock valued at $254,000 after purchasing an additional 77 shares in the last quarter. BOKF NA raised its holdings in Airbnb by 11.0% during the fourth quarter. BOKF NA now owns 787 shares of the company’s stock worth $107,000 after purchasing an additional 78 shares during the last quarter. Yoder Wealth Management Inc. raised its holdings in Airbnb by 0.3% during the fourth quarter. Yoder Wealth Management Inc. now owns 26,389 shares of the company’s stock worth $3,582,000 after purchasing an additional 84 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in Airbnb by 1.0% during the third quarter. Private Advisor Group LLC now owns 8,295 shares of the company’s stock worth $1,007,000 after purchasing an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 80.76% of the company’s stock.

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.