Airbnb (NASDAQ:ABNB) CEO Brian Chesky Sells 62,764 Shares of Stock

Airbnb, Inc. (NASDAQ:ABNB) CEO Brian Chesky sold 62,764 shares of Airbnb stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $134.00, for a total value of $8,410,376.00. Following the completion of the sale, the chief executive officer directly owned 10,855,175 shares in the company, valued at approximately $1,454,593,450. The trade was a 0.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Monday, June 1st, Brian Chesky sold 15,226 shares of Airbnb stock. The stock was 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 stock was 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.
• On Wednesday, May 27th, Brian Chesky sold 229,550 shares of Airbnb stock. The stock was sold at an average price of $133.15, for a total value of $30,564,582.50.

Airbnb Stock Performance

NASDAQ:ABNB opened at $133.72 on Friday. 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 1 year low of $110.81 and a 1 year high of $147.25. The stock’s 50 day simple moving average is $134.28 and its two-hundred day simple moving average is $130.63. The company has a market cap of $80.59 billion, a price-to-earnings ratio of 32.94, a PEG 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). The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.62 billion. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The business’s revenue for the quarter was up 17.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.24 EPS. As a group, equities analysts anticipate that Airbnb, Inc. will post 4.91 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Airbnb

A number of large investors have recently bought and sold shares of the business. Glenmede Trust Co. NA boosted its holdings in Airbnb by 0.3% during the 1st quarter. Glenmede Trust Co. NA now owns 124,185 shares of the company’s stock valued at $15,682,000 after acquiring an additional 331 shares during the period. Wellington Grp LLC purchased a new position in Airbnb during the 1st quarter valued at $48,000. Liontrust Investment Partners LLP boosted its holdings in Airbnb by 8.1% during the 1st quarter. Liontrust Investment Partners LLP now owns 77,227 shares of the company’s stock valued at $9,752,000 after acquiring an additional 5,806 shares during the period. Western Wealth Management LLC purchased a new position in Airbnb during the 1st quarter valued at $34,000. Finally, Ariadne Wealth Management LP boosted its holdings in Airbnb by 35.8% during the 1st quarter. Ariadne Wealth Management LP now owns 3,636 shares of the company’s stock valued at $459,000 after acquiring an additional 958 shares during the period. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Airbnb News Summary

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.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ABNB shares. BMO Capital Markets boosted their target price on Airbnb from $130.00 to $140.00 and gave the company a “market perform” rating in a research report on Friday, February 13th. Tigress Financial cut 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. Wedbush raised Airbnb from a “neutral” rating to a “neutral” rating in a research report on Monday, May 4th. Benchmark boosted their target price on Airbnb from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, DA Davidson boosted their target price on Airbnb from $150.00 to $162.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Airbnb currently has a consensus rating of “Moderate Buy” and a consensus target price of $157.67.

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.