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

Airbnb, Inc. (NASDAQ:ABNB) Director Joseph Gebbia sold 265,000 shares of Airbnb stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $138.51, for a total transaction of $36,705,150.00. Following the completion of the sale, the director directly owned 2,917,355 shares of the company’s stock, valued at approximately $404,082,841.05. This trade represents a 8.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

• On Monday, June 1st, Joseph Gebbia sold 265,000 shares of Airbnb stock. The shares were sold at an average price of $135.45, for a total value of $35,894,250.00.
• 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 value 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 value of $7,282,440.00.
• On Monday, May 4th, Joseph Gebbia sold 58,000 shares of Airbnb stock. The stock was sold at an average price of $140.37, for a total value 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 value 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 value 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 value of $7,685,580.00.

Airbnb Trading Up 1.3%

Shares of NASDAQ:ABNB opened at $142.41 on Friday. The stock has a market capitalization of $85.83 billion, a price-to-earnings ratio of 35.08, a PEG ratio of 1.51 and a beta of 1.16. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.44 and a current ratio of 1.44. The stock’s 50-day simple moving average is $136.14 and its two-hundred day simple moving average is $132.03. Airbnb, Inc. has a 52-week low of $110.81 and a 52-week high of $147.25.

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 net margin of 19.90% and a return on equity of 31.24%. The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter in the prior year, the firm earned $0.24 earnings per share. The company’s revenue for the quarter was up 17.9% compared to the same quarter last year. Analysts expect that Airbnb, Inc. will post 4.91 EPS for the current year.

Hedge Funds Weigh In On Airbnb

A number of hedge funds have recently modified their holdings of ABNB. Harris Associates L P lifted its stake in shares of Airbnb by 43.2% during the 2nd quarter. Harris Associates L P now owns 14,237,331 shares of the company’s stock valued at $1,884,168,000 after buying an additional 4,292,383 shares in the last quarter. Independent Franchise Partners LLP purchased a new stake in Airbnb in the 3rd quarter worth $505,672,000. Norges Bank bought a new stake in Airbnb during the fourth quarter valued at about $480,332,000. Jennison Associates LLC raised its holdings in Airbnb by 9,331.0% during the first quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock valued at $400,681,000 after acquiring an additional 3,139,315 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of 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 valued at $403,782,000 after acquiring an additional 2,724,682 shares in the last quarter. 80.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ABNB. HSBC cut shares of Airbnb from a “hold” rating to a “hold” rating in a report on Monday, May 4th. B. Riley Financial reissued a “buy” rating on shares of Airbnb in a research report on Friday, May 8th. Susquehanna upped their price objective on Airbnb from $150.00 to $170.00 and gave the stock a “positive” rating in a research note on Friday, May 8th. Truist Financial raised their target price on Airbnb from $129.00 to $134.00 and gave the stock a “hold” rating in a report on Friday, June 12th. Finally, Tigress Financial lowered their target price on Airbnb from $200.00 to $185.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $157.96.

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Commentary suggests cheaper airfares could stimulate travel activity and improve Airbnb’s booking trends, which would support revenue growth. Will Airbnb (ABNB) Turn Lower Flight Costs Into a Stronger Platform Advantage?
• Neutral Sentiment: Airbnb’s annual meeting resulted in Alfred Lin joining the board, while shareholders rejected several governance proposals; this is more of a corporate governance update than a direct earnings catalyst. Will Airbnb (ABNB) Turn Lower Flight Costs Into a Stronger Platform Advantage?
• Neutral Sentiment: Long-term investor commentary remains mixed but constructive, with some analysis arguing Airbnb can still appeal to patient holders despite recent volatility. Should You Buy and Hold Airbnb (ABNB) For Long Term
• Negative Sentiment: Fresh valuation work says ABNB could be about 17.8% overvalued, which may cap upside if investors focus on fundamentals. Airbnb (ABNB) Stock Could Be 17.8% Overvalued After Fresh Results
• Negative Sentiment: CEO Brian Chesky and Director Joseph Gebbia recently sold shares, which can be read as a cautious insider signal by some investors. SEC filing for Brian Chesky sale SEC filing for Joseph Gebbia sale
• Negative Sentiment: Broader industry commentary warns AI agents could disrupt travel platforms like Airbnb over the longer term, adding a competitive risk. EXCLUSIVE: Google And Meta May Have The Most To Lose In The AI‑Agent Era, Says Founder Who Rejected OpenAI

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.