California Public Employees Retirement System Has $132.66 Million Stake in Airbnb, Inc. $ABNB

California Public Employees Retirement System lifted its stake in Airbnb, Inc. (NASDAQ:ABNB) by 50.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,092,579 shares of the company’s stock after acquiring an additional 368,314 shares during the period. California Public Employees Retirement System owned 0.18% of Airbnb worth $132,661,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Harris Associates L P grew its holdings in Airbnb by 43.2% during 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 during the last quarter. Independent Franchise Partners LLP bought a new stake in shares of Airbnb during the 3rd quarter worth $505,672,000. Norges Bank bought a new stake in shares of Airbnb during the 2nd quarter worth $483,644,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Airbnb by 453.5% in the 3rd 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 buying an additional 2,724,682 shares during the last quarter. Finally, AQR Capital Management LLC grew its stake in Airbnb by 58.6% in the 3rd quarter. AQR Capital Management LLC now owns 4,269,937 shares of the company’s stock valued at $518,456,000 after buying an additional 1,577,338 shares during the last quarter. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have weighed in on ABNB shares. Citigroup raised shares of Airbnb from a “neutral” rating to an “outperform” rating in a research report on Wednesday, February 4th. Wedbush reaffirmed a “neutral” rating and issued a $130.00 price target on shares of Airbnb in a research report on Friday, February 13th. Deutsche Bank Aktiengesellschaft upgraded Airbnb from a “hold” rating to a “buy” rating and set a $154.00 price objective on the stock in a research note on Friday, February 13th. TD Cowen boosted their price objective on Airbnb from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Finally, Argus upgraded Airbnb to a “strong-buy” rating in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $147.40.

Insider Buying and Selling

In related news, Director Joseph Gebbia sold 58,000 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $131.27, for a total transaction of $7,613,660.00. Following the transaction, the director directly owned 286,015 shares in the company, valued at $37,545,189.05. The trade was a 16.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Nathan Blecharczyk sold 4,260 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $125.29, for a total value of $533,735.40. Following the completion of the transaction, the insider directly owned 49,250 shares of the company’s stock, valued at approximately $6,170,532.50. This trade represents a 7.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 381,338 shares of company stock valued at $49,828,312 over the last three months. 27.83% of the stock is owned by corporate insiders.

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Analysts and bulls still point to upside: several research shops continue to have buy ratings and higher targets (TD Cowen raised its target, B. Riley upgraded to buy) and some commentary highlights resilient travel demand that supports medium‑term revenue growth. MarketBeat Analyst Coverage and Positive Notes
• Neutral Sentiment: Macro/geopolitical headlines: escalation in the Middle East has been flagged as a potential demand headwind for global travel but so far is a directional risk rather than a confirmed revenue hit. Benzinga – Middle East Tensions
• Neutral Sentiment: Short‑interest reporting in public feeds this week is inconsistent (zeros/NaNs). That data isn’t signaling a clear short squeeze or large new short position — rely on official exchange disclosures for a definitive read.
• Negative Sentiment: Unexpected $2.5B bond offering: multiple outlets report the company launched a $2.5B bond sale to refinance March 2026 maturities. The surprise move and the potential increase in interest expense or implied change in funding strategy pressured the stock. Blockonomi – $2.5B Bond Issuance
• Negative Sentiment: Insider selling: Director/co‑founder Joseph Gebbia sold 58,000 shares (~$7.6M at reported prices) in early March; repeated, sizable insider sales can weigh on sentiment even if for diversification or personal reasons. SEC filing: SEC Filing – Gebbia Sale
• Negative Sentiment: Technical/market reaction: coverage notes the stock fell below its 50‑day moving average after the bond announcement — a technical signal that can trigger short‑term selling from momentum and quant strategies. Barchart – 50‑Day Moving Average

Airbnb Price Performance

Shares of Airbnb stock opened at $126.30 on Monday. The company has a market cap of $76.88 billion, a PE ratio of 31.26, a price-to-earnings-growth ratio of 1.55 and a beta of 1.12. The firm has a fifty day moving average price of $130.07 and a two-hundred day moving average price of $126.66. Airbnb, Inc. has a fifty-two week low of $99.88 and a fifty-two week high of $143.88.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings data on Thursday, February 12th. The company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.10). The company had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.71 billion. Airbnb had a return on equity of 30.88% and a net margin of 20.51%.The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.73 EPS. Analysts expect that Airbnb, Inc. will post 4.31 earnings per share for the current fiscal 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.