Highland Capital Management LLC Has $2.08 Million Holdings in Airbnb, Inc. $ABNB

Key Points

• Highland Capital cut its stake in Airbnb by 35.2% in Q4, selling 8,297 shares and ending the period with 15,302 shares valued at about $2.08 million.
• Airbnb reported Q1-like results with EPS of $0.56 (missing estimates) but revenue of $2.78B (beating expectations); the stock trades near $140 with a market cap of $85.1B and an average analyst target of $153, including recent upgrades (Oppenheimer $180).
• Major institutions (e.g., Vanguard, Harris) hold large positions and institutional ownership is about 80.76%, while insiders have sold heavily recently—395,325 shares worth ~$51.7M in the last 90 days—with insiders owning 27.21% of the stock.

Highland Capital Management LLC cut its holdings in Airbnb, Inc. (NASDAQ:ABNB - Free Report) by 35.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,302 shares of the company's stock after selling 8,297 shares during the quarter. Highland Capital Management LLC's holdings in Airbnb were worth $2,077,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Airbnb by 1.7% during the third quarter. Vanguard Group Inc. now owns 38,295,288 shares of the company's stock worth $4,649,814,000 after purchasing an additional 649,323 shares during the period. Harris Associates L P raised its position in shares of Airbnb by 43.2% during the second quarter. Harris Associates L P now owns 14,237,331 shares of the company's stock worth $1,884,168,000 after purchasing an additional 4,292,383 shares during the period. AQR Capital Management LLC raised its position in shares of Airbnb by 58.6% during the third quarter. AQR Capital Management LLC now owns 4,269,937 shares of the company's stock worth $518,456,000 after purchasing an additional 1,577,338 shares during the period. Independent Franchise Partners LLP acquired a new position in shares of Airbnb during the third quarter worth approximately $505,672,000. Finally, Akre Capital Management LLC raised its position in shares of Airbnb by 19.0% during the second quarter. Akre Capital Management LLC now owns 3,473,243 shares of the company's stock worth $459,649,000 after purchasing an additional 555,510 shares during the period. 80.76% of the stock is owned by institutional investors and hedge funds.

Airbnb Price Performance

Shares of NASDAQ:ABNB opened at $139.73 on Wednesday. The company has a market capitalization 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 business has a fifty day moving average price of $132.78 and a two-hundred day moving average price of $129.07. Airbnb, Inc. has a 1 year low of $110.81 and a 1 year high of $147.25.

Airbnb (NASDAQ:ABNB - Get Free Report) last announced its quarterly earnings data 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). The business had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.71 billion. Airbnb had a net margin of 20.51% and a return on equity of 30.88%. The firm's revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.73 EPS. Sell-side analysts anticipate that Airbnb, Inc. will post 4.94 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ABNB. Wells Fargo & Company began coverage on Airbnb in a research report on Monday. They set an "overweight" rating on the stock. Argus raised Airbnb to a "strong-buy" rating in a research report on Tuesday, February 17th. HSBC lowered Airbnb from a "hold" rating to a "hold" rating in a research report on Monday. Needham & Company LLC began coverage on Airbnb in a research report on Monday. They set a "buy" rating on the stock. Finally, B. Riley Financial raised Airbnb from a "neutral" rating to a "buy" rating and upped their target price for the stock from $140.00 to $170.00 in a research report on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $153.00.

Insider Transactions at Airbnb

In other news, Director Joseph Gebbia sold 58,000 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $126.16, for a total transaction of $7,317,280.00. Following the completion of the transaction, the director owned 170,015 shares in the company, valued at approximately $21,449,092.40. This represents a 25.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nathan Blecharczyk sold 24,788 shares of the stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $145.86, for a total value of $3,615,577.68. Following the transaction, the insider owned 11,920 shares of the company's stock, valued at $1,738,651.20. The trade was a 67.53% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 395,325 shares of company stock worth $51,681,085. 27.21% of the stock is owned by company insiders.

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 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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