Airbnb, Inc. $ABNB Stake Reduced by Crossmark Global Holdings Inc.

Key Points

• Crossmark trimmed its holdings by 12.4% in the third quarter, selling 13,134 Airbnb shares and leaving the firm with 92,959 shares valued at about $11.29 million.
• Notable insider selling has occurred recently: director Joseph Gebbia sold 58,000 shares (~$7.07M) and the CFO sold 3,750 shares, with insiders selling 626,921 shares (~$80.39M) in the past 90 days while still owning 27.91% of the company.
• Airbnb posted an EPS miss but a revenue beat—$0.56 EPS vs. $0.66 expected and $2.78B revenue (+12.9% YoY)—and the stock carries a MarketBeat consensus rating of "Hold" with an average target of $149.42.

Crossmark Global Holdings Inc. trimmed its holdings in Airbnb, Inc. (NASDAQ:ABNB - Free Report) by 12.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 92,959 shares of the company's stock after selling 13,134 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Airbnb were worth $11,287,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Harris Associates L P lifted its stake in Airbnb by 43.2% during the second quarter. Harris Associates L P now owns 14,237,331 shares of the company's stock valued at $1,884,168,000 after purchasing an additional 4,292,383 shares during the last quarter. Norges Bank bought a new position in shares of Airbnb in the second quarter valued at $483,644,000. Amundi increased its holdings in shares of Airbnb by 112.3% in the second quarter. Amundi now owns 2,670,251 shares of the company's stock valued at $361,525,000 after buying an additional 1,412,608 shares in the last quarter. Bank of Nova Scotia lifted its position in shares of Airbnb by 1,232.7% during the 2nd quarter. Bank of Nova Scotia now owns 956,188 shares of the company's stock valued at $126,542,000 after acquiring an additional 884,439 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Airbnb by 1.7% during the 3rd quarter. Vanguard Group Inc. now owns 38,295,288 shares of the company's stock worth $4,649,814,000 after acquiring an additional 649,323 shares in the last quarter. Institutional investors own 80.76% of the company's stock.

Airbnb Stock Performance

Airbnb stock opened at $135.85 on Friday. Airbnb, Inc. has a twelve month low of $99.88 and a twelve month high of $143.88. The firm has a market cap of $82.69 billion, a PE ratio of 33.63, a P/E/G ratio of 1.52 and a beta of 1.12. The firm's 50 day moving average price is $130.63 and its two-hundred day moving average price is $126.50.

Airbnb (NASDAQ:ABNB - Get Free Report) last issued its earnings results on Thursday, February 12th. The company reported $0.56 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by ($0.10). Airbnb had a net margin of 20.51% and a return on equity of 30.88%. The company had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.71 billion. During the same period last year, the business earned $0.73 EPS. The company's quarterly revenue was up 12.9% on a year-over-year basis. Equities analysts anticipate that Airbnb, Inc. will post 4.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on ABNB shares. Sanford C. Bernstein reduced their target price on Airbnb from $165.00 to $162.00 and set an "outperform" rating for the company in a report on Tuesday, January 6th. UBS Group boosted their price objective on Airbnb from $147.00 to $149.00 and gave the stock a "neutral" rating in a report on Tuesday, February 3rd. BTIG Research reaffirmed a "neutral" rating on shares of Airbnb in a research note on Friday, November 7th. DA Davidson decreased their target price on shares of Airbnb from $155.00 to $150.00 and set a "buy" rating for the company in a report on Tuesday, February 17th. Finally, BNP Paribas Exane initiated coverage on shares of Airbnb in a report on Monday, November 24th. They set a "hold" rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $149.42.

Key Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Analyst optimism and price-target raises reinforce a constructive near-term view: several firms have raised targets or reiterated buy/outperform calls this quarter, and a Mizuho note flagged upside potential. This supports demand for ABNB shares. Mizuho analyst says stock expected to rise
• Positive Sentiment: Sector/product tailwinds—eco‑tourism interest and recent product innovation highlighted in industry writeups—are strengthening the bull case by pointing to higher-quality demand and differentiated booking growth. Eco‑tourism and product innovation story
• Positive Sentiment: Independent bullish research and commentary (Speedwell Research / other bullish writeups) are circulating, giving some investors fresh fundamental arguments to buy the dip after Airbnb’s modest EPS miss last quarter despite a revenue beat. Bullish thesis summary
• Positive Sentiment: Positive PR link to Airbnb’s founder: Brian Chesky’s backing of a fintech startup was noted in media coverage, which can be sentimentally supportive for the brand and investor perception. Chesky backing highlighted
• Neutral Sentiment: Short‑interest notices show reported "large increase" language but the published figures are zero/NaN and inconsistent — the data appears noisy or erroneous, so it’s not a clear signal of growing bearish bets. (No reliable link available for a corrected short‑interest file.)
• Neutral Sentiment: Institutional flow notes show modest portfolio changes by small managers; overall institutional ownership remains high (~80%), but recent reported buys/sells are too small to materially shift supply/demand. MarketBeat institutional flow summary
• Negative Sentiment: Insider selling: CFO Elinor Mertz sold 3,750 shares (and has made several small sales this winter). While routine and not large relative to total float, repeated insider sales can be read negatively by some investors. CFO insider sale filing

Insider Transactions at Airbnb

In other news, Director Joseph Gebbia sold 58,000 shares of the firm's stock in a transaction dated 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 completion of the sale, the director directly owned 344,015 shares of the company's stock, valued at $41,959,509.55. This trade represents a 14.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Elinor Mertz sold 3,750 shares of the business's 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 completion of the sale, the chief financial officer directly owned 402,417 shares of the company's stock, valued at approximately $52,314,210. The trade was a 0.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 626,921 shares of company stock worth $80,393,136 in the last ninety days. Company insiders own 27.91% of the company's stock.

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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