Airbnb, Inc. $ABNB Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. lessened its stake in Airbnb, Inc. (NASDAQ:ABNB - Free Report) by 19.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,615,365 shares of the company's stock after selling 398,179 shares during the period. Principal Financial Group Inc. owned 0.26% of Airbnb worth $219,240,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Harris Associates L P increased its stake in Airbnb by 43.2% in the 2nd quarter. Harris Associates L P now owns 14,237,331 shares of the company's stock valued at $1,884,168,000 after buying an additional 4,292,383 shares during the period. Independent Franchise Partners LLP acquired a new position in Airbnb in the 3rd quarter valued at $505,672,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased 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 period. AQR Capital Management LLC increased 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 period. Finally, Van ECK Associates Corp increased its stake in Airbnb by 6,623.8% in the 3rd quarter. Van ECK Associates Corp now owns 1,394,109 shares of the company's stock valued at $169,273,000 after buying an additional 1,373,375 shares during the period. Institutional investors and hedge funds own 80.76% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Mizuho boosted their price objective on shares of Airbnb from $156.00 to $175.00 and gave the company an "outperform" rating in a research note on Tuesday, March 3rd. Morgan Stanley cut Airbnb from an "underweight" rating to an "underweight" rating in a research report on Monday. DA Davidson dropped their target price on Airbnb from $155.00 to $150.00 and set a "buy" rating on the stock in a research report on Tuesday, February 17th. Wells Fargo & Company began coverage on Airbnb in a research report on Monday. They set an "overweight" rating on the stock. Finally, B. Riley Financial upgraded Airbnb from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $140.00 to $170.00 in a research report on Monday, January 12th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Airbnb has an average rating of "Moderate Buy" and a consensus price target of $153.00.

Insider Buying and Selling

In related news, CFO Elinor Mertz sold 3,750 shares of the company's stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $130.99, for a total value of $491,212.50. Following the sale, the chief financial officer owned 394,359 shares in the company, valued at $51,657,085.41. This represents a 0.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph Gebbia sold 58,000 shares of the company's stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $142.59, for a total value of $8,270,220.00. Following the completion of the sale, the director owned 112,015 shares in the company, valued at approximately $15,972,218.85. This represents a 34.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 395,325 shares of company stock worth $51,681,085 in the last quarter. Company insiders own 27.21% of the company's stock.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Oppenheimer upgrade lifts conviction — Oppenheimer raised ABNB to Outperform with a $180 target, citing product initiatives (Hotels expansion, RNPL, AI search) and “organic revenue levers” that could accelerate growth beyond current Street estimates. This note is the main bullish catalyst supporting the stock move. Oppenheimer lifts Airbnb rating, sees ‘organic revenue levers materializing’
• Neutral Sentiment: Options and earnings setup — Pre-earnings previews highlight a potentially large move priced into options (Blockonomi notes ~7.85% implied move) and analyst consensus for Q1 at roughly $0.30 EPS on ~$2.6B revenue; investors are positioning for surprises in demand and margin trajectory. Airbnb (ABNB) Stock Q1 Earnings Preview: Key Metrics Investors Should Watch
• Neutral Sentiment: Investor previews and expectations mixed — TipRanks and Zacks pieces summarize what shareholders and Wall Street are watching (occupancy, nights/bookings, price mix, Hosts supply and gross booking growth). These previews keep focus on execution metrics that will drive the next directional move. Airbnb (ABNB) Reports Q1 Earnings This Week. What Shareholders Should Expect
• Neutral Sentiment: Macro/tech headlines could add volatility — broader tech/crypto sector moves (e.g., Coinbase laying off 14% and pivoting toward AI) may affect risk appetite into earnings, but these are indirect influences on ABNB. Coinbase lays off 14% of workforce, CEO explains AI pivot in memo
• Negative Sentiment: Bearish take recommends selling into earnings — A Seeking Alpha opinion piece argues investors should sell ABNB ahead of Q1 at current levels, warning that upside is limited versus execution risk and that expectations may already price in improvements; such sell-side narratives can pressure sentiment if the report is merely in line. Airbnb: At $140 Into Q1 Earnings I Would Sell

Airbnb Stock Up 0.6%

NASDAQ:ABNB opened at $139.73 on Wednesday. Airbnb, Inc. has a fifty-two week low of $110.81 and a fifty-two week high of $147.25. The stock has a market cap of $85.06 billion, a PE ratio of 34.59, a price-to-earnings-growth ratio of 1.69 and a beta of 1.20. The firm's fifty day simple moving average is $132.78 and its 200-day simple moving average is $129.07.

Airbnb (NASDAQ:ABNB - Get Free Report) last posted 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 for the quarter, compared to analyst estimates 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 period last year, the company earned $0.73 earnings per share. Equities analysts anticipate that Airbnb, Inc. will post 4.94 earnings per share for the current year.

Airbnb Company 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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