Engineers Gate Manager LP Lowers Stock Position in Airbnb, Inc. $ABNB

Key Points

• Engineers Gate Manager LP cut its Airbnb position by 40.3% in the second quarter, selling 108,294 shares and retaining 160,357 shares valued at approximately $22.9 million.
• Airbnb reported stronger-than-expected quarterly results, with earnings per share of $1.37 and revenue of $3.61 billion; revenue rose 16.3% year over year. Analysts generally remain positive, with a consensus “Moderate Buy” rating and a $179.10 price target.
• Insider selling and potential European regulation remain risks. Company insiders sold roughly 2.29 million shares worth $375 million over three months, while proposed EU rules could allow cities to impose tighter restrictions on short-term rentals.

Engineers Gate Manager LP trimmed its holdings in Airbnb, Inc. (NASDAQ:ABNB - Free Report) by 40.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 160,357 shares of the company's stock after selling 108,294 shares during the quarter. Engineers Gate Manager LP's holdings in Airbnb were worth $22,947,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Transamerica Financial Advisors LLC grew its position in Airbnb by 143.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company's stock worth $26,000 after purchasing an additional 112 shares during the last quarter. Entrust Financial LLC acquired a new stake in shares of Airbnb during the fourth quarter worth about $27,000. Meeder Asset Management Inc. boosted its stake in shares of Airbnb by 96.3% during the first quarter. Meeder Asset Management Inc. now owns 214 shares of the company's stock worth $27,000 after buying an additional 105 shares during the period. Sunbelt Securities Inc. grew its holdings in shares of Airbnb by 397.7% during the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company's stock worth $27,000 after buying an additional 175 shares during the last quarter. Finally, Wiser Advisor Group LLC purchased a new stake in Airbnb during the 3rd quarter valued at approximately $27,000. Hedge funds and other institutional investors own 80.76% of the company's stock.

Trending Headlines about Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Analyst upgrades signal confidence in Airbnb’s growth outlook. Raymond James upgraded ABNB to “outperform” with a $200 price target, and Robert W. Baird also raised its target from $175 to $200 while maintaining an “outperform” rating. The firms cited potential upside from Airbnb’s asset-light home-rental model and a recovering travel sector. Bull v. Bear: ABNB Upgrade Backs Stock, Travel Sector Resurgence
• Neutral Sentiment: Management’s investor-conference appearance may provide additional strategic context. Airbnb presented at the Goldman Sachs Communacopia + Technology Conference, but the available item is a transcript and does not identify a major new catalyst. Airbnb Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript
• Negative Sentiment: Proposed European Union rules could increase regulatory pressure. New plans would give European cities more flexibility to restrict short-term rentals in tourism-heavy areas to address housing affordability. Tighter limits, licensing requirements, or reduced availability could constrain Airbnb’s listings, nights booked, and revenue in important European markets. EU helps cities tighten screws on Airbnb, holiday rentals

Airbnb Price Performance

Airbnb stock opened at $169.63 on Thursday. The company has a market cap of $101.57 billion, a P/E ratio of 38.55, a price-to-earnings-growth ratio of 2.02 and a beta of 1.16. Airbnb, Inc. has a one year low of $110.81 and a one year high of $193.45. The business has a fifty day moving average of $164.80 and a two-hundred day moving average of $145.19. 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 quarterly earnings results on Thursday, August 6th. The company reported $1.37 earnings per share 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 analysts' expectations of $3.58 billion. Airbnb had a net margin of 20.45% and a return on equity of 33.38%. During the same period in the prior year, the company posted $1.03 EPS. The business's revenue for the quarter was up 16.3% on a year-over-year basis. As a group, analysts predict that Airbnb, Inc. will post 5.24 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ABNB has been the topic of several analyst reports. KeyCorp reiterated a "sector weight" rating on shares of Airbnb in a research note on Monday, August 10th. Canaccord Genuity Group set a $200.00 price objective on shares of Airbnb in a research report on Friday, August 7th. JPMorgan Chase & Co. upped their price objective on shares of Airbnb from $140.00 to $170.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. Wedbush raised shares of Airbnb from a "neutral" rating to an "outperform" rating and lifted their target price for the company from $152.00 to $200.00 in a report on Friday, August 7th. Finally, Citigroup raised their price objective on shares of Airbnb from $175.00 to $193.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $179.10.

Insiders Place Their Bets

In other news, CEO Brian Chesky sold 200,000 shares of the business's stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $174.79, for a total transaction of $34,958,000.00. Following the sale, the chief executive officer owned 10,501,685 shares of the company's stock, valued at $1,835,589,521.15. The trade was a 1.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Joseph Gebbia Jr. 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 value of $43,772,452.29. Following the completion of the sale, the director owned 2,622,452 shares in the company, valued at approximately $389,250,550.36. This represents a 10.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 2,288,689 shares of company stock worth $374,988,733. 27.21% of the stock is owned by company insiders.

Airbnb Company Profile

Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and other service providers. Through its platform and mobile applications, users can search for, book and review a broad range of lodging options, including private homes, apartments, rooms and other distinctive properties.

The company also offers Airbnb Experiences, which enables guests to discover and book activities hosted by local experts. In addition, Airbnb has expanded into related travel services, including services designed to support hosts and help them manage listings, reservations and guest relationships.

Founded in 2008 by Brian Chesky, Joe Gebbia and Nathan Blecharczyk, Airbnb serves travelers and hosts across a broad international market, with listings and activities available in destinations around the world.

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