Altshuler Shaham Ltd Reduces Stock Position in Airbnb, Inc. $ABNB

Altshuler Shaham Ltd cut its stake in Airbnb, Inc. (NASDAQ:ABNB) by 45.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,186 shares of the company’s stock after selling 5,115 shares during the period. Altshuler Shaham Ltd’s holdings in Airbnb were worth $840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in ABNB. Harris Associates L P grew its position in shares of Airbnb by 43.2% in the second quarter. Harris Associates L P now owns 14,237,331 shares of the company’s stock valued at $1,884,168,000 after purchasing an additional 4,292,383 shares in the last quarter. Independent Franchise Partners LLP purchased a new stake in shares of Airbnb in the third quarter valued at approximately $505,672,000. Norges Bank purchased a new position in Airbnb in the fourth quarter worth approximately $480,332,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Airbnb by 453.5% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,325,498 shares of the company’s stock worth $403,782,000 after acquiring an additional 2,724,682 shares during the period. Finally, AQR Capital Management LLC grew its position in Airbnb by 58.4% in the fourth quarter. AQR Capital Management LLC now owns 6,762,784 shares of the company’s stock worth $917,845,000 after acquiring an additional 2,492,847 shares during the period. 80.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Airbnb news, CEO Brian Chesky sold 265,746 shares of Airbnb stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $132.22, for a total value of $35,136,936.12. Following the sale, the chief executive officer owned 11,206,389 shares of the company’s stock, valued at approximately $1,481,708,753.58. The trade was a 2.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joseph Gebbia sold 265,000 shares of Airbnb stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $135.45, for a total value of $35,894,250.00. Following the completion of the sale, the director directly owned 3,182,355 shares in the company, valued at $431,049,984.75. This represents a 7.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,972,860 shares of company stock valued at $267,555,449 over the last quarter. 27.21% of the stock is currently owned by insiders.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb remains a major platform in online travel, and some recent commentary argues the company can benefit if lower flight costs spur more booking activity through its marketplace. Will Airbnb (ABNB) Turn Lower Flight Costs Into a Stronger Platform Advantage?
• Positive Sentiment: Some investor analysis continues to frame Airbnb as a long-term stock worth holding, suggesting the company’s business model still has durable appeal despite near-term noise. Should You Buy and Hold Airbnb (ABNB) For Long Term
• Neutral Sentiment: A fresh valuation piece said Airbnb (ABNB) may be about 17.8% overvalued after its latest results, which could cap upside if investors focus on fundamentals rather than growth momentum. Airbnb (ABNB) Stock Could Be 17.8% Overvalued After Fresh Results
• Neutral Sentiment: Broader commentary highlighted Airbnb as a company that could face disruption in an AI-agent-driven future, adding a longer-term competitive risk narrative rather than an immediate earnings issue. EXCLUSIVE: Google And Meta May Have The Most To Lose In The AI‑Agent Era, Says Founder Who Rejected OpenAI
• Negative Sentiment: CEO Brian Chesky sold 30,743 shares, a transaction worth about $4.25 million, which can weigh on sentiment because insider sales are often read as reduced confidence in near-term stock upside. SEC filing for Brian Chesky sale
• Negative Sentiment: Director Joseph Gebbia sold 265,000 shares valued at roughly $36.7 million, a much larger insider sale that may add pressure on Airbnb shares in the near term. SEC filing for Joseph Gebbia sale

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ABNB. Benchmark increased their price objective on Airbnb from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Robert W. Baird set a $150.00 price objective on Airbnb in a research report on Friday, May 8th. Susquehanna increased their price objective on Airbnb from $150.00 to $170.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. UBS Group increased their price objective on Airbnb from $153.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, Rodman & Renshaw began coverage on Airbnb in a research report on Monday, May 4th. They issued a “buy” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $157.96.

Airbnb Stock Performance

NASDAQ ABNB opened at $140.54 on Thursday. 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. The business’s 50-day moving average price is $135.79 and its 200 day moving average price is $131.85. The firm has a market cap of $84.70 billion, a P/E ratio of 34.62, a P/E/G ratio of 1.51 and a beta of 1.16.

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

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.