Joseph Gebbia Sells 265,000 Shares of Airbnb (NASDAQ:ABNB) Stock

Airbnb, Inc. (NASDAQ:ABNB) Director Joseph Gebbia sold 265,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $135.45, for a total transaction of $35,894,250.00. Following the transaction, the director directly owned 3,182,355 shares of the company’s stock, valued at $431,049,984.75. This represents a 7.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Tuesday, May 26th, Joseph Gebbia sold 2,860 shares of Airbnb stock. The stock was 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 stock was 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 Price Performance

NASDAQ:ABNB opened at $133.72 on Friday. Airbnb, Inc. has a 1-year low of $110.81 and a 1-year high of $147.25. 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 firm has a fifty day simple moving average of $134.28 and a 200 day simple moving average of $130.63. The stock has a market capitalization of $80.59 billion, a PE ratio of 32.94, a P/E/G ratio of 1.43 and a beta of 1.16.

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

Institutional Investors Weigh In On Airbnb

Hedge funds and other institutional investors have recently modified their holdings of the company. Transamerica Financial Advisors LLC lifted its holdings in shares of Airbnb by 143.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company’s stock worth $26,000 after buying an additional 112 shares in the last quarter. ORG Partners LLC lifted its holdings in shares of Airbnb by 97.0% during the fourth quarter. ORG Partners LLC now owns 195 shares of the company’s stock worth $26,000 after buying an additional 96 shares in the last quarter. Entrust Financial LLC acquired a new stake in shares of Airbnb during the fourth quarter worth $27,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Airbnb during the third quarter worth $25,000. Finally, Aventura Private Wealth LLC acquired a new stake in shares of Airbnb during the fourth quarter worth $29,000. Institutional investors and hedge funds own 80.76% of the company’s stock.

Airbnb News Roundup

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.

Wall Street Analyst Weigh In

ABNB has been the subject of several analyst reports. Scotiabank initiated coverage on shares of Airbnb in a research note on Monday, May 4th. They issued an “outperform” rating for the company. Raymond James Financial raised shares of Airbnb from a “market perform” rating to a “strong-buy” rating in a research note on Monday, May 4th. B. Riley Financial reaffirmed a “buy” rating on shares of Airbnb in a research report on Friday, May 8th. Robert W. Baird set a $150.00 price objective on shares of Airbnb in a research report on Friday, May 8th. Finally, Cantor Fitzgerald raised shares of Airbnb from a “neutral” rating to an “overweight” rating in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have given 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.

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.