New York State Teachers Retirement System Sells 13,537 Shares of Airbnb, Inc. $ABNB

Key Points

• New York State Teachers Retirement System trimmed its Airbnb stake by 4.1%, selling 13,537 shares and leaving it with 314,398 shares worth about $42.67 million.
• Significant insider selling weighed on the stock: CFO Elinor Mertz sold 3,750 shares (~$491k) and director Joseph Gebbia sold 58,000 shares (~$8.27M), with insiders offloading 399,075 shares (~$52.17M) in the last quarter.
• Analysts have a “Moderate Buy” consensus with a $151.73 average target; the stock traded near $141.66, and Airbnb’s last quarter missed EPS ($0.56 vs. $0.66 estimate) while revenue of $2.78B beat estimates.

New York State Teachers Retirement System reduced its stake in shares of Airbnb, Inc. (NASDAQ:ABNB - Free Report) by 4.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 314,398 shares of the company's stock after selling 13,537 shares during the quarter. New York State Teachers Retirement System owned about 0.05% of Airbnb worth $42,670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of ABNB. Patton Fund Management Inc. grew its stake 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 acquiring an additional 77 shares in the last quarter. Yoder Wealth Management Inc. lifted its stake in Airbnb by 0.3% in the 4th quarter. Yoder Wealth Management Inc. now owns 26,389 shares of the company's stock worth $3,582,000 after purchasing an additional 84 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of Airbnb by 1.0% during the 3rd 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. Koshinski Asset Management Inc. grew its position in shares of Airbnb by 4.1% during the third quarter. Koshinski Asset Management Inc. now owns 2,226 shares of the company's stock valued at $270,000 after purchasing an additional 87 shares in the last quarter. Finally, LRI Investments LLC increased its holdings in shares of Airbnb by 7.5% in the third quarter. LRI Investments LLC now owns 1,260 shares of the company's stock worth $153,000 after purchasing an additional 88 shares during the last quarter. Hedge funds and other institutional investors own 80.76% of the company's stock.

Insider Transactions at Airbnb

In other news, CFO Elinor Mertz sold 3,750 shares of the firm's stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $130.99, for a total value of $491,212.50. Following the completion of the sale, the chief financial officer owned 394,359 shares in the company, valued at approximately $51,657,085.41. This trade represents a 0.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph Gebbia sold 58,000 shares of Airbnb stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $142.59, for a total transaction of $8,270,220.00. Following the transaction, the director directly owned 112,015 shares of the company's stock, valued at approximately $15,972,218.85. This represents a 34.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 399,075 shares of company stock worth $52,168,585. 27.91% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ABNB. Deutsche Bank Aktiengesellschaft raised Airbnb from a "hold" rating to a "buy" rating and set a $154.00 price target for the company in a research note on Friday, February 13th. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $135.00 price objective on shares of Airbnb in a report on Monday. Truist Financial upgraded Airbnb from a "sell" rating to a "hold" rating and increased their target price for the company from $107.00 to $129.00 in a research report on Thursday, March 26th. Citigroup upgraded shares of Airbnb from a "neutral" rating to an "outperform" rating in a research report on Wednesday, February 4th. Finally, Wells Fargo & Company raised shares of Airbnb from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $136.00 to $178.00 in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $151.73.

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb said 2025 was a record year for Canadian domestic travel and travel from Canada to non‑U.S. international destinations hit the highest level since 2019 — a clear demand tailwind for bookings and regional revenue. 2025 was record year for Canadian domestic travel: Airbnb
• Positive Sentiment: Market commentary shows ABNB trading stronger than the broader market this session, reflecting short‑term optimism among traders. Airbnb, Inc. (ABNB) Rises Higher Than Market: Key Facts
• Neutral Sentiment: High retail and institutional interest — ABNB has been heavily searched and discussed recently, which can amplify intraday moves and volatility but doesn't itself change fundamentals. Investors Heavily Search Airbnb, Inc. (ABNB): Here is What You Need to Know
• Neutral Sentiment: Competition note — Booking Holdings completed a 25‑for‑1 split (separate company news). It may shift investor attention within travel stocks but doesn't directly change Airbnb's operations. 1 Reason I'd Buy Booking Holdings Stock and Never Sell
• Negative Sentiment: House Republicans launched a probe into U.S. companies' use of Chinese AI, naming Airbnb — potential regulatory scrutiny and data‑security concerns could weigh on sentiment if investigations advance. 'CAUSE FOR ALARM': Republicans probe Chinese AI use by US firms
• Negative Sentiment: Analyst previews warned Airbnb lacks the mix likely to produce an earnings beat in the upcoming report, raising the risk of a negative reaction around the print. Airbnb, Inc. (ABNB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
• Negative Sentiment: WSJ profile: some hosts who invested heavily to prepare for World Cup demand report disappointing returns — points to uneven host economics and raises questions about supply-side responses and localized pricing power. Airbnb Hosts Prepped Their Homes for a World Cup Windfall. They're Still Waiting.

Airbnb Price Performance

NASDAQ:ABNB opened at $141.66 on Friday. The firm has a market capitalization of $86.23 billion, a price-to-earnings ratio of 35.06, a PEG ratio of 1.71 and a beta of 1.20. The business has a 50 day simple moving average of $132.54 and a 200-day simple moving average of $128.85. 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 released its earnings results on Thursday, February 12th. The company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.10). The company had revenue of $2.78 billion for 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 business's revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.73 EPS. As a group, analysts expect that Airbnb, Inc. will post 4.94 earnings per share for the current fiscal year.

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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