Joseph Gebbia Sells 58,000 Shares of Airbnb (NASDAQ:ABNB) Stock

Airbnb, Inc. (NASDAQ:ABNB) Director Joseph Gebbia sold 58,000 shares of the company’s stock in a transaction on Monday, April 20th. The shares were sold at an average price of $142.59, for a total transaction of $8,270,220.00. Following the completion of the sale, the director directly owned 112,015 shares in the company, valued at approximately $15,972,218.85. The trade was a 34.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• 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.
• On Monday, March 9th, Joseph Gebbia sold 58,000 shares of Airbnb stock. The stock was sold at an average price of $131.27, for a total value of $7,613,660.00.
• On Monday, February 23rd, Joseph Gebbia sold 58,000 shares of Airbnb stock. The stock was sold at an average price of $121.97, for a total value of $7,074,260.00.
• On Monday, February 9th, Joseph Gebbia sold 58,000 shares of Airbnb stock. The shares were sold at an average price of $121.15, for a total value of $7,026,700.00.
• On Monday, January 26th, Joseph Gebbia sold 58,000 shares of Airbnb stock. The shares were sold at an average price of $133.28, for a total value of $7,730,240.00.

Airbnb Trading Down 1.6%

Airbnb stock opened at $141.87 on Friday. Airbnb, Inc. has a 12 month low of $110.81 and a 12 month high of $147.25. The stock’s 50 day simple moving average is $130.81 and its two-hundred day simple moving average is $128.12. The firm has a market cap of $86.36 billion, a PE ratio of 35.12, a P/E/G ratio of 1.75 and a beta of 1.15.

Airbnb (NASDAQ:ABNB) last posted its earnings results on Thursday, February 12th. The company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.10). Airbnb had a net margin of 20.51% and a return on equity of 30.88%. The firm had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.71 billion. During the same period last year, the firm earned $0.73 earnings per share. Airbnb’s revenue for the quarter was up 12.9% compared to the same quarter last year. On average, equities research analysts forecast that Airbnb, Inc. will post 4.96 EPS for the current year.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Wells Fargo upgraded ABNB to Overweight and raised its price target to $178, arguing Airbnb may be at a “business inflection” with accelerating revenue and margin recovery — a clear bullish catalyst supporting recent gains. Wells Fargo upgrade and $178 target
• Positive Sentiment: Airbnb is expanding listings to independent/boutique hotels in major cities — a product move that could expand addressable market and strengthen the company’s competitive moat if adoption and host economics scale. Boutique hotel expansion
• Neutral Sentiment: Momentum into earnings: shares recently hit a 52-week high and analysts expect year-over-year EPS growth for the coming quarter, which supports the rally but increases sensitivity to the May earnings print. 52-week high and earnings preview
• Neutral Sentiment: Talent flow note: OpenAI’s hire of a former Airbnb executive is notable for tech labor markets but is not a direct indicator of Airbnb’s financial performance. OpenAI hires ex-Airbnb exec
• Negative Sentiment: Insider selling — Director Joseph Gebbia sold 58,000 shares (~$142.59) recently (part of a pattern of periodic large sales), which can rattle investors when it occurs near a peak. Joseph Gebbia insider sale
• Negative Sentiment: Insider selling — Co‑founder Nathan Blecharczyk also disclosed sales totaling ~35,565 shares across Apr 21–22 at ~\$145, reducing his stake materially; additional insider exits amplify investor concerns. Nathan Blecharczyk insider sale
• Negative Sentiment: Valuation & guidance risk: several commentary pieces note the stock’s strong one‑year gain and rich multiples, warning that any guidance miss or softer-than-expected margins (especially as Airbnb blends more hotel-like supply) could trigger a pullback. Valuation and guidance concerns

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ABNB. UBS Group upped their price objective on shares of Airbnb from $147.00 to $149.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Argus upgraded Airbnb to a “strong-buy” rating in a research report on Tuesday, February 17th. Mizuho lifted their price target on Airbnb from $156.00 to $175.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Airbnb in a research report on Monday. Finally, Wedbush reissued a “neutral” rating and issued a $130.00 price objective on shares of Airbnb in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $151.08.

Institutional Trading of Airbnb

Institutional investors have recently modified their holdings of the stock. iA Global Asset Management Inc. boosted its holdings in Airbnb by 10.0% in the 1st quarter. iA Global Asset Management Inc. now owns 58,177 shares of the company’s stock worth $7,347,000 after buying an additional 5,299 shares during the last quarter. Premier Path Wealth Partners LLC acquired a new position in shares of Airbnb during the first quarter valued at approximately $210,000. SJS Investment Consulting Inc. lifted its position in shares of Airbnb by 32.3% in the first quarter. SJS Investment Consulting Inc. now owns 1,061 shares of the company’s stock valued at $134,000 after acquiring an additional 259 shares in the last quarter. Oregon Pacific Wealth Management LLC purchased a new position in shares of Airbnb in the first quarter valued at approximately $242,000. Finally, Apollon Wealth Management LLC boosted its stake in shares of Airbnb by 9.8% in the first quarter. Apollon Wealth Management LLC now owns 5,716 shares of the company’s stock worth $722,000 after acquiring an additional 509 shares during the last quarter. Institutional investors and hedge funds own 80.76% of the company’s stock.

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.