Brian Chesky Sells 37,704 Shares of Airbnb (NASDAQ:ABNB) Stock

Airbnb, Inc. (NASDAQ:ABNB) CEO Brian Chesky sold 37,704 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $135.34, for a total value of $5,102,859.36. Following the completion of the sale, the chief executive officer owned 10,736,623 shares in the company, valued at approximately $1,453,094,556.82. This represents a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Brian Chesky also recently made the following trade(s):

• On Tuesday, June 9th, Brian Chesky sold 4,195 shares of Airbnb stock. The shares were sold at an average price of $135.71, for a total value of $569,303.45.
• On Friday, June 5th, Brian Chesky sold 16,515 shares of Airbnb stock. The shares were sold at an average price of $135.17, for a total value of $2,232,332.55.
• On Thursday, June 4th, Brian Chesky sold 64,333 shares of Airbnb stock. The shares were sold at an average price of $136.14, for a total value of $8,758,294.62.
• On Tuesday, June 2nd, Brian Chesky sold 62,764 shares of Airbnb stock. The shares were sold at an average price of $134.00, for a total value of $8,410,376.00.
• On Monday, June 1st, Brian Chesky sold 15,226 shares of Airbnb stock. The shares were sold at an average price of $136.62, for a total value of $2,080,176.12.
• On Monday, June 1st, Brian Chesky sold 184,513 shares of Airbnb stock. The shares were sold at an average price of $135.80, for a total value of $25,056,865.40.
• On Friday, May 29th, Brian Chesky sold 4,774 shares of Airbnb stock. The stock was sold at an average price of $135.16, for a total value of $645,253.84.
• On Friday, May 29th, Brian Chesky sold 103,937 shares of Airbnb stock. The stock was sold at an average price of $134.39, for a total value of $13,968,093.43.
• On Thursday, May 28th, Brian Chesky sold 265,746 shares of Airbnb stock. The stock was sold at an average price of $132.22, for a total value of $35,136,936.12.
• On Wednesday, May 27th, Brian Chesky sold 20,000 shares of Airbnb stock. The stock was sold at an average price of $133.17, for a total value of $2,663,400.00.

Airbnb Stock Up 1.4%

Shares of ABNB opened at $130.87 on Friday. The company has a market capitalization of $78.88 billion, a P/E ratio of 32.23, a PEG ratio of 1.38 and a beta of 1.16. 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 one year low of $110.81 and a one year high of $147.25. The business’s 50 day simple moving average is $134.76 and its 200-day simple moving average is $131.24.

Airbnb (NASDAQ:ABNB) last announced 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 business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.62 billion. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The firm’s revenue was up 17.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.24 earnings per share. As a group, sell-side analysts predict that Airbnb, Inc. will post 4.91 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Rodman & Renshaw assumed coverage on Airbnb in a report on Monday, May 4th. They set a “buy” rating on the stock. Susquehanna upped their price objective on Airbnb from $150.00 to $170.00 and gave the stock a “positive” rating in a report on Friday, May 8th. DA Davidson upped their price objective on Airbnb from $150.00 to $162.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Citizens Jmp upped their price objective on Airbnb from $160.00 to $170.00 and gave the stock a “market outperform” rating in a report on Friday, May 8th. Finally, Tigress Financial reduced their price objective on Airbnb from $200.00 to $185.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $157.76.

Institutional Trading of Airbnb

Several institutional investors and hedge funds have recently made changes to their positions in the business. Commerzbank Aktiengesellschaft FI raised its position in shares of Airbnb by 1.3% during the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 5,754 shares of the company’s stock valued at $727,000 after acquiring an additional 76 shares during the last quarter. Patton Fund Management Inc. raised its position in shares of Airbnb by 4.3% during the 4th quarter. Patton Fund Management Inc. now owns 1,874 shares of the company’s stock valued at $254,000 after acquiring an additional 77 shares during the last quarter. BOKF NA raised its position in shares of Airbnb by 11.0% during the 4th quarter. BOKF NA now owns 787 shares of the company’s stock valued at $107,000 after acquiring an additional 78 shares during the last quarter. Yoder Wealth Management Inc. raised its position in shares of Airbnb by 0.3% during the 4th quarter. Yoder Wealth Management Inc. now owns 26,389 shares of the company’s stock valued at $3,582,000 after acquiring an additional 84 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in shares of Airbnb by 1.0% during the 3rd quarter. Private Advisor Group LLC now owns 8,295 shares of the company’s stock valued at $1,007,000 after acquiring an additional 86 shares during the last quarter. Institutional investors own 80.76% of the company’s stock.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb shares have been moving higher, with recent trading showing the stock recovering after a period of weakness and attracting renewed investor interest. Article Title
• Positive Sentiment: Analysts remain generally constructive on ABNB, with multiple firms maintaining buy or outperform ratings and the average price target still above the current trading range. Article Title
• Neutral Sentiment: Several articles framed Airbnb as a “trending” or “value” stock, but these pieces were more about investor screening than a clear new catalyst for the shares. Article Title
• Neutral Sentiment: At Airbnb’s annual meeting, shareholders re-elected the board, auditor, and approved executive pay, suggesting governance continuity rather than a major strategic shift. Article Title
• Negative Sentiment: CEO Brian Chesky disclosed another round of stock sales, and repeated insider selling can create a cautious tone for investors even if the transactions are relatively small versus his overall stake. Article Title
• Negative Sentiment: Rising regulatory scrutiny of short-term rentals, including new rules in Cape Town, highlights a broader risk that could pressure Airbnb’s operating model in some markets. Article Title

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.