58,621 Airbnb, Inc. $ABNB Shares Sold by CX Institutional

Key Points

• CX Institutional cut its Airbnb position by 95.8%, selling 58,621 shares and retaining 2,542 shares worth approximately $408,000. Institutional investors and hedge funds overall own 80.76% of Airbnb.
• Airbnb reported quarterly EPS of $1.37, beating estimates by $0.11, while revenue rose 16.3% year over year to $3.61 billion. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $182.97.
• Insiders sold 1.55 million shares worth $269.3 million over the past 90 days, including Nathan Blecharczyk’s sale of 13,615 shares. Investors are also watching valuation and macroeconomic risks, despite potential growth from Airbnb’s AI-powered search and new travel services.

CX Institutional reduced its position in shares of Airbnb, Inc. (NASDAQ:ABNB - Free Report) by 95.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,542 shares of the company's stock after selling 58,621 shares during the period. CX Institutional's holdings in Airbnb were worth $408,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wellington Management Group LLP lifted its stake in shares of Airbnb by 80.6% during the second quarter. Wellington Management Group LLP now owns 5,785,665 shares of the company's stock valued at $827,929,000 after acquiring an additional 2,581,539 shares during the period. Clearbridge Investments LLC raised its position in shares of Airbnb by 3.7% during the 4th quarter. Clearbridge Investments LLC now owns 6,073,947 shares of the company's stock valued at $824,356,000 after acquiring an additional 216,455 shares during the last quarter. Independent Franchise Partners LLP raised its position in shares of Airbnb by 23.6% during the 4th quarter. Independent Franchise Partners LLP now owns 5,146,272 shares of the company's stock valued at $698,452,000 after acquiring an additional 981,624 shares during the last quarter. Amundi lifted its stake in shares of Airbnb by 8.6% in the 1st quarter. Amundi now owns 4,686,765 shares of the company's stock valued at $591,845,000 after purchasing an additional 370,426 shares during the period. Finally, Jennison Associates LLC lifted its stake in shares of Airbnb by 9,331.0% in the 1st quarter. Jennison Associates LLC now owns 3,172,959 shares of the company's stock valued at $400,681,000 after purchasing an additional 3,139,315 shares during the period. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Airbnb Price Performance

Airbnb stock opened at $162.43 on Monday. The stock has a market capitalization of $97.26 billion, a PE ratio of 36.92, a price-to-earnings-growth ratio of 1.86 and a beta of 1.24. Airbnb, Inc. has a twelve month low of $110.81 and a twelve month high of $193.45. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.32. The company has a 50 day moving average of $170.49 and a 200-day moving average of $148.90.

Airbnb (NASDAQ:ABNB - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.26 by $0.11. The business had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.58 billion. Airbnb had a net margin of 20.45% and a return on equity of 33.38%. The firm's quarterly revenue was up 16.3% on a year-over-year basis. During the same period last year, the business posted $1.03 earnings per share. On average, equities research analysts anticipate that Airbnb, Inc. will post 5.28 EPS for the current fiscal year.

Insider Activity at Airbnb

In other Airbnb news, CAO David Bernstein sold 1,489 shares of the company's stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $168.93, for a total transaction of $251,536.77. Following the completion of the transaction, the chief accounting officer owned 47,024 shares of the company's stock, valued at $7,943,764.32. This represents a 3.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Nathan Blecharczyk sold 13,615 shares of the firm's stock in a transaction that occurred on Monday, September 28th. The stock was sold at an average price of $156.82, for a total transaction of $2,135,104.30. Following the transaction, the insider directly owned 20,567 shares of the company's stock, valued at $3,225,316.94. This represents a 39.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,551,806 shares of company stock worth $269,267,016 in the last 90 days. Company insiders own 27.21% of the company's stock.

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: KeyBanc’s upgrade is the most direct catalyst, suggesting meaningful upside from current levels. The firm believes Airbnb’s core business remains durable and that hotel growth could broaden its addressable market. KeyBanc upgrades Airbnb to Overweight
• Positive Sentiment: Jefferies said Airbnb’s new AI-powered search, guest services and host pricing tools could extend the company’s long-term growth runway. AI-driven discovery may also create future sponsored-listing revenue opportunities. Airbnb’s new AI search could drive growth
• Positive Sentiment: The broader fall product update adds natural-language search, social travel recommendations, listing comparisons and new services, including meal and grocery delivery. These features could increase engagement and revenue per booking. Why Airbnb stock is trading higher
• Neutral Sentiment: Airbnb will report third-quarter 2026 results after the market close on November 5. The date gives investors a forthcoming catalyst, but the announcement contained no new financial guidance. Airbnb to announce third-quarter 2026 results
• Negative Sentiment: Insider Nathan Blecharczyk sold 13,615 shares for approximately $2.14 million, reducing his direct holdings by nearly 40%. The sale may weigh on sentiment, although it does not by itself indicate weakening fundamentals.
• Negative Sentiment: Investors remain exposed to valuation and macroeconomic risks, including persistent inflation that could pressure discretionary travel demand and limit further multiple expansion.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Wells Fargo & Company began coverage on Airbnb in a research note on Friday. They set an "overweight" rating for the company. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Airbnb in a research note on Monday, August 31st. Raymond James Financial upgraded Airbnb from a "market perform" rating to an "outperform" rating and set a $200.00 target price on the stock in a report on Tuesday, September 8th. Canaccord Genuity Group set a $200.00 target price on Airbnb in a research report on Friday, August 7th. Finally, UBS Group upped their price target on Airbnb from $163.00 to $172.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $182.97.

Airbnb Profile

Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel-related experiences with hosts offering homes, apartments, rooms and other lodging options. The company's platform supports booking and managing stays in a wide range of destinations, from major cities to rural and resort areas.

In addition to accommodations, Airbnb offers experiences hosted by local residents, including activities, tours and cultural events. The company has also expanded its platform to include services in select markets, such as offerings related to hospitality, wellness, food and other travel needs.

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