Airbnb, Inc. $ABNB Shares Sold by NewEdge Advisors LLC

Key Points

• NewEdge Advisors reduced its Airbnb stake by 62.3% in the first quarter, selling 62,687 shares and retaining 37,983 shares valued at approximately $4.8 million. Institutional investors and hedge funds collectively own 80.76% of the stock.
• Airbnb reported quarterly revenue of $3.61 billion, up 16.3% year over year, while EPS of $1.37 exceeded the $1.26 consensus estimate. The stock traded near its 52-week high at $184.98, with a market capitalization of about $111.5 billion.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $172, although the shares’ premium valuation and significant insider selling—including sales by Director Joseph Gebbia and CEO Brian Chesky—remain potential risks.

NewEdge Advisors LLC cut its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB - Free Report) by 62.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 37,983 shares of the company's stock after selling 62,687 shares during the quarter. NewEdge Advisors LLC's holdings in Airbnb were worth $4,796,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Commerzbank Aktiengesellschaft FI increased its stake in shares of Airbnb by 1.3% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 5,754 shares of the company's stock worth $727,000 after acquiring an additional 76 shares during the period. Patton Fund Management Inc. lifted its position in Airbnb by 4.3% during the fourth quarter. Patton Fund Management Inc. now owns 1,874 shares of the company's stock valued at $254,000 after purchasing an additional 77 shares during the period. BOKF NA boosted its holdings in Airbnb by 11.0% in the fourth quarter. BOKF NA now owns 787 shares of the company's stock valued at $107,000 after purchasing an additional 78 shares during the last quarter. Private Advisor Group LLC boosted its holdings in Airbnb by 1.0% in the third quarter. Private Advisor Group LLC now owns 8,295 shares of the company's stock valued at $1,007,000 after purchasing an additional 86 shares during the last quarter. Finally, FSB Premier Wealth Management Inc. grew its position in Airbnb by 3.4% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 2,692 shares of the company's stock worth $365,000 after purchasing an additional 89 shares during the period. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Airbnb Stock Up 0.2%

ABNB opened at $184.98 on Wednesday. The company has a fifty day moving average of $145.93 and a two-hundred day moving average of $136.63. The stock has a market capitalization of $111.49 billion, a price-to-earnings ratio of 42.04, a PEG ratio of 2.16 and a beta of 1.14. Airbnb, Inc. has a fifty-two week low of $110.81 and a fifty-two week high of $187.12. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.41 and a current ratio of 1.41.

Airbnb (NASDAQ:ABNB - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.11. Airbnb had a net margin of 20.45% and a return on equity of 33.38%. The business had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same period in the prior year, the company posted $1.03 EPS. The company's revenue for the quarter was up 16.3% on a year-over-year basis. On average, research analysts expect that Airbnb, Inc. will post 5.17 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on ABNB shares. Royal Bank Of Canada set a $165.00 price objective on Airbnb in a research note on Monday. Oppenheimer upped their target price on Airbnb from $180.00 to $190.00 and gave the stock an "outperform" rating in a research note on Friday, August 7th. HSBC lowered Airbnb from a "hold" rating to a "hold" rating in a report on Monday, May 4th. Robert W. Baird lifted their price target on Airbnb from $150.00 to $160.00 and gave the company an "outperform" rating in a research report on Monday, June 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $170.00 price target on shares of Airbnb in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $172.00.

Insiders Place Their Bets

In other news, Director Joseph Gebbia sold 294,903 shares of the company's stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $148.43, for a total transaction of $43,772,452.29. Following the completion of the transaction, the director directly owned 2,622,452 shares of the company's stock, valued at $389,250,550.36. This represents a 10.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Brian Chesky sold 265,746 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $132.22, for a total value of $35,136,936.12. Following the transaction, the chief executive officer owned 11,206,389 shares in the company, valued at $1,481,708,753.58. This trade represents a 2.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 3,164,675 shares of company stock worth $466,636,153. 27.21% of the stock is owned by corporate insiders.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Results exceeded expectations: Airbnb reported second-quarter revenue of approximately $3.61 billion, up about 16% year over year, while adjusted EPS of $1.37 surpassed the $1.26 consensus estimate. Gross booking value also rose roughly 16% to $27.2 billion, and adjusted EBITDA exceeded forecasts. Why Airbnb ABNB Stock Is Up Today
• Positive Sentiment: Higher full-year outlook: Management raised its 2026 revenue-growth forecast to at least the mid-teens, reinforcing the view that Airbnb’s growth has reaccelerated after a period of slower expansion. Airbnb Hit a Four-Year High After Raising Its Full-Year Outlook
• Positive Sentiment: AI and platform expansion are supporting the growth narrative: CEO Brian Chesky said AI is improving Airbnb’s products and customer experience, while the company is adding hotel listings and travel-related services to become a broader “one-stop shop.” Investors view these initiatives as potential sources of additional bookings and revenue. Airbnb Has Added Thousands of New Hotel Listings
• Neutral Sentiment: Analyst views are mixed: Wedbush and other firms raised their targets following the earnings beat, while DA Davidson maintained a Buy rating. However, BMO retained a Market Perform rating and lifted its target only to $165, below the stock’s recent trading level. Airbnb Stock Jumps Despite BMO Target Trailing Market Price
• Negative Sentiment: Valuation is a key risk: After the rally, Airbnb trades at a premium valuation, making further gains dependent on sustained high growth and successful execution. Some analysts caution that the current price leaves limited room for disappointment. Airbnb Has Been on a Tear, But There’s One Key Reason to Wait
• Negative Sentiment: Brand dilution remains a concern: Expanding into hotels and third-party amenities could broaden Airbnb’s addressable market, but may also weaken its distinctive home-sharing identity and increase competitive pressure.

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.

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