Airbnb, Inc. $ABNB Shares Sold by LGT Group Foundation

Key Points

• LGT Group Foundation trimmed its Airbnb stake by 13.6% in Q3, selling 74,246 shares and finishing the quarter with 470,704 shares worth about $57.6 million.
• Insider selling has been notable: Director Joseph Gebbia sold 58,000 shares and CFO Elinor Mertz sold 3,750 shares, part of 485,858 insider-share sales totaling roughly $63.2 million in the past three months.
• Mixed fundamentals and analyst view: Airbnb beat Q4 revenue estimates but missed on EPS ($0.56 vs. $0.66), and analysts carry a consensus "Hold" rating with a $149.42 target amid varied buy/hold/sell recommendations.

LGT Group Foundation lowered its position in Airbnb, Inc. (NASDAQ:ABNB - Free Report) by 13.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 470,704 shares of the company's stock after selling 74,246 shares during the quarter. LGT Group Foundation owned 0.08% of Airbnb worth $57,577,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Aster Capital Management DIFC Ltd acquired a new stake in shares of Airbnb in the third quarter valued at approximately $25,000. Root Financial Partners LLC purchased a new stake in Airbnb in the 3rd quarter valued at approximately $32,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in Airbnb by 55.5% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 311 shares of the company's stock valued at $38,000 after buying an additional 111 shares during the last quarter. Ameriflex Group Inc. raised its holdings in shares of Airbnb by 986.7% in the third quarter. Ameriflex Group Inc. now owns 326 shares of the company's stock worth $40,000 after acquiring an additional 296 shares during the last quarter. Finally, SJS Investment Consulting Inc. lifted its position in shares of Airbnb by 4,255.6% in the third quarter. SJS Investment Consulting Inc. now owns 392 shares of the company's stock valued at $48,000 after acquiring an additional 383 shares in the last quarter. 80.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on ABNB. BNP Paribas Exane initiated coverage on shares of Airbnb in a research note on Monday, November 24th. They issued a "hold" rating for the company. Truist Financial upped their price objective on shares of Airbnb from $104.00 to $107.00 and gave the company a "sell" rating in a research note on Thursday, December 4th. Deutsche Bank Aktiengesellschaft upgraded Airbnb from a "hold" rating to a "buy" rating and set a $154.00 price target for the company in a report on Friday, February 13th. Morgan Stanley set a $120.00 price objective on Airbnb in a report on Friday, February 13th. Finally, BMO Capital Markets increased their target price on Airbnb from $130.00 to $140.00 and gave the stock a "market perform" rating in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $149.42.

Key Headlines Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Seeking Alpha highlights accelerating bookings and strong free cash flow, reinforcing Airbnb’s operational momentum and cash-generation profile that support valuation. Article Title
• Positive Sentiment: Mizuho (reported by American Banking News) said ABNB’s stock is expected to rise, signaling at least one analyst view that upside remains and contributing to ongoing analyst support. Article Title
• Positive Sentiment: Coverage on eco‑tourism and product innovation points to differentiated demand (eco-conscious travelers, new product features) that could broaden demand and improve long‑term growth visibility. Article Title
• Neutral Sentiment: Q4 earnings roundups reiterate a mixed print: revenue beat but an EPS miss (reported in February), so fundamentals are improving but near‑term profitability metrics disappointed some expectations. Article Title
• Neutral Sentiment: Short‑interest reporting in the feeds shows anomalous/zero values and appears unreliable; it does not provide a clear short‑pressure signal at this time.
• Negative Sentiment: Benzinga and other outlets point to fresh escalations in the U.S.–Israel–Iran conflict as the immediate driver of weakness — geopolitical risk is reducing near‑term travel visibility and investor appetite for travel/leisure exposure. Article Title
• Negative Sentiment: Insider selling: CFO Elinor Mertz sold multiple small blocks of shares recently (3,750 shares on Mar 2), which some investors interpret as a modest negative signal despite the small size relative to overall insider holdings. Article Title

Airbnb Stock Performance

ABNB stock opened at $133.23 on Monday. The firm has a market cap of $81.10 billion, a P/E ratio of 32.98, a price-to-earnings-growth ratio of 1.50 and a beta of 1.12. Airbnb, Inc. has a 1 year low of $99.88 and a 1 year high of $143.88. The stock has a 50-day simple moving average of $130.56 and a 200-day simple moving average of $126.57.

Airbnb (NASDAQ:ABNB - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.56 earnings per share for the quarter, missing analysts' consensus estimates of $0.66 by ($0.10). The company had revenue of $2.78 billion during the quarter, compared to analysts' expectations of $2.71 billion. Airbnb had a return on equity of 30.88% and a net margin of 20.51%.During the same quarter in the prior year, the company earned $0.73 EPS. The firm's revenue was up 12.9% compared to the same quarter last year. On average, equities research analysts predict that Airbnb, Inc. will post 4.31 EPS for the current year.

Insiders Place Their Bets

In other Airbnb news, Director Joseph Gebbia sold 58,000 shares of Airbnb stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $121.97, for a total transaction of $7,074,260.00. Following the sale, the director directly owned 344,015 shares in the company, valued at $41,959,509.55. The trade was a 14.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Elinor Mertz sold 3,750 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $130.00, for a total value of $487,500.00. Following the transaction, the chief financial officer owned 402,417 shares of the company's stock, valued at approximately $52,314,210. This trade represents a 0.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 485,858 shares of company stock valued at $63,189,093 in the last three months. 27.91% of the stock is owned by insiders.

Airbnb 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.

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