Insider Selling: Airbnb (NASDAQ:ABNB) CFO Sells 7,433 Shares of Stock

Airbnb, Inc. (NASDAQ:ABNB) CFO Elinor Mertz sold 7,433 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $136.24, for a total transaction of $1,012,671.92. Following the transaction, the chief financial officer directly owned 449,040 shares in the company, valued at $61,177,209.60. This represents a 1.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Elinor Mertz also recently made the following trade(s):

• On Monday, May 4th, Elinor Mertz sold 3,750 shares of Airbnb stock. The stock was sold at an average price of $143.00, for a total transaction of $536,250.00.
• On Wednesday, April 8th, Elinor Mertz sold 3,750 shares of Airbnb stock. The stock was sold at an average price of $130.99, for a total transaction of $491,212.50.

Airbnb Stock Performance

Shares of ABNB traded up $0.13 during mid-day trading on Thursday, hitting $133.72. 3,718,214 shares of the company’s stock were exchanged, compared to its average volume of 4,231,555. The stock’s 50-day simple moving average is $134.21 and its 200-day simple moving average is $130.55. The firm has a market cap of $80.59 billion, a price-to-earnings ratio of 32.94, a price-to-earnings-growth ratio of 1.44 and a beta of 1.16. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.32. Airbnb, Inc. has a 52 week low of $110.81 and a 52 week high of $147.25.

Airbnb (NASDAQ:ABNB) last issued its 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). The firm had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.62 billion. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. Airbnb’s quarterly revenue was up 17.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.24 earnings per share. On average, equities research analysts expect that Airbnb, Inc. will post 4.91 EPS for the current year.

Wall Street Analyst Weigh In

ABNB has been the subject of several analyst reports. BMO Capital Markets boosted their target price on shares of Airbnb from $130.00 to $140.00 and gave the company a “market perform” rating in a research report on Friday, February 13th. Royal Bank Of Canada restated an “outperform” rating and issued a $173.00 target price on shares of Airbnb in a research report on Thursday, May 21st. Susquehanna boosted their target price on shares of Airbnb from $150.00 to $170.00 and gave the company a “positive” rating in a research report on Friday, May 8th. HSBC cut shares of Airbnb from a “hold” rating to a “hold” rating in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Airbnb from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Airbnb currently has an average rating of “Moderate Buy” and a consensus target price of $157.67.

Hedge Funds Weigh In On Airbnb

A number of institutional investors have recently added to or reduced their stakes in the stock. Glenmede Trust Co. NA increased its position in Airbnb by 0.3% during the 1st quarter. Glenmede Trust Co. NA now owns 124,185 shares of the company’s stock worth $15,682,000 after purchasing an additional 331 shares in the last quarter. Wellington Grp LLC acquired a new position in Airbnb during the 1st quarter worth approximately $48,000. Liontrust Investment Partners LLP increased its position in Airbnb by 8.1% during the 1st quarter. Liontrust Investment Partners LLP now owns 77,227 shares of the company’s stock worth $9,752,000 after purchasing an additional 5,806 shares in the last quarter. Western Wealth Management LLC acquired a new position in Airbnb during the 1st quarter worth approximately $34,000. Finally, Ariadne Wealth Management LP increased its position in Airbnb by 35.8% during the 1st quarter. Ariadne Wealth Management LP now owns 3,636 shares of the company’s stock worth $459,000 after purchasing an additional 958 shares in the last quarter. 80.76% of the stock is currently owned by institutional investors and hedge funds.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Brokerages continue to rate Airbnb at an average of “Moderate Buy,” signaling that analysts remain broadly constructive on the company’s outlook. Airbnb, Inc. (NASDAQ:ABNB) Given Average Rating of “Moderate Buy” by Brokerages
• Positive Sentiment: CEO Brian Chesky’s plans to start an AI venture could be seen as strategically important if Airbnb applies new AI tools to product design, personalization, or user experience. Airbnb CEO Brian Chesky Plans to Start a New AI Company
• Positive Sentiment: Institutional ownership remains high, suggesting continued support from large investors and reducing concerns about broad-based selling pressure.
• Neutral Sentiment: Airbnb’s latest quarter showed strong revenue growth but an EPS miss, making the stock reaction more dependent on whether investors focus on growth or profitability.
• Neutral Sentiment: Analysts’ consensus price target remains well above the current trading range, which leaves room for upside but does not guarantee near-term movement.
• Negative Sentiment: CEO Brian Chesky sold 62,764 shares, and Director Joseph Gebbia sold 265,000 shares, which can pressure sentiment because insider selling sometimes signals limited near-term upside. SEC filing for Joseph Gebbia sale SEC filing for Brian Chesky sales
• Negative Sentiment: Airbnb recently missed analyst EPS estimates, keeping some pressure on the stock as investors assess whether margins can keep up with revenue growth.

Airbnb Company Profile

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.