Insider Selling: Airbnb (NASDAQ:ABNB) Director Sells 8,346 Shares of Stock

July 2, 2026 by InsiderTrades.com

Key Points

Airbnb director Joseph Gebbia sold 294,903 shares on June 29 at an average price of $148.43, totaling about $43.8 million. The sale reduced his stake by 10.11%, and it was disclosed in an SEC filing.
Gebbia has continued trimming his position with multiple prior sales in June, May, and April, adding up to a sizable pattern of insider selling. The article also notes co-founder Nathan Blecharczyk recently sold shares, adding to the pressure on sentiment.
Despite the insider sales, analyst sentiment remains generally positive, with several firms raising price targets and Airbnb trading near its 52-week high. The stock has also benefited from strength in travel shares, though legal risk remains from a Los Angeles lawsuit over alleged wildfire-era price gouging.

Airbnb, Inc. (NASDAQ:ABNB - Get Free Report) Director Kenneth Chenault sold 8,346 shares of Airbnb stock in a transaction on Monday, June 29th. The stock was sold at an average price of $150.00, for a total value of $1,251,900.00. Following the completion of the sale, the director directly owned 40,879 shares of the company's stock, valued at approximately $6,131,850. The trade was a 16.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Airbnb Stock Up 2.9%

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ABNB stock opened at $147.31 on Thursday. The stock has a market capitalization of $88.79 billion, a P/E ratio of 36.28, a P/E/G ratio of 1.53 and a beta of 1.14. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.44 and a quick ratio of 1.44. Airbnb, Inc. has a 1-year low of $110.81 and a 1-year high of $150.19. The business has a fifty day moving average price of $137.65 and a 200-day moving average price of $133.33.

Airbnb (NASDAQ:ABNB - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.05). Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The business had revenue of $2.68 billion for the quarter, compared to analysts' expectations of $2.62 billion. During the same period last year, the business earned $0.24 earnings per share. The company's quarterly revenue was up 17.9% on a year-over-year basis. Equities analysts forecast that Airbnb, Inc. will post 4.91 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Airbnb

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Several hedge funds and other institutional investors have recently made changes to their positions in ABNB. Harris Associates L P grew its position in Airbnb by 21.0% during the fourth quarter. Harris Associates L P now owns 18,694,408 shares of the company's stock valued at $2,537,205,000 after buying an additional 3,240,477 shares during the period. Geode Capital Management LLC raised its position in Airbnb by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 10,076,465 shares of the company's stock worth $1,368,338,000 after acquiring an additional 47,966 shares during the period. AQR Capital Management LLC raised its position in Airbnb by 58.4% in the fourth quarter. AQR Capital Management LLC now owns 6,762,784 shares of the company's stock worth $917,845,000 after acquiring an additional 2,492,847 shares during the period. Clearbridge Investments LLC boosted its stake in shares of Airbnb by 3.7% during the 4th quarter. Clearbridge Investments LLC now owns 6,073,947 shares of the company's stock worth $824,356,000 after acquiring an additional 216,455 shares during the last quarter. Finally, Independent Franchise Partners LLP boosted its stake in shares of Airbnb by 23.6% during the 4th quarter. Independent Franchise Partners LLP now owns 5,146,272 shares of the company's stock worth $698,452,000 after acquiring an additional 981,624 shares during the last quarter. 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: Robert W. Baird raised its price target on Airbnb to $160 from $150 and reiterated an Outperform rating, adding to the bullish case that travel demand and product expansion can keep driving growth.
Positive Sentiment: Airbnb recently hit a new 12-month high after an analyst upgrade, showing that investors remain willing to bid up the stock on improving Wall Street sentiment.
Positive Sentiment: Strength across travel stocks has also helped ABNB, as investors rotate back into the sector and look for continued post-pandemic travel spending resilience.
Neutral Sentiment: Bank of America Securities maintained a Hold rating and said Airbnb’s hotel expansion is only a modest near-term driver, which supports the stock but does not point to a major catalyst right away. Article: Airbnb Maintained at Hold as Hotel Expansion Seen as Modest Near-Term Driver; $150 Price Target Reaffirmed
Neutral Sentiment: Airbnb’s shares also rose in recent trading, but the move lagged the broader market, suggesting steady interest without a strong breakout. Article: Airbnb Inc. Cl A stock rises Monday, still underperforms market
Negative Sentiment: Director Joseph Gebbia sold 294,903 shares worth about $43.8 million, reducing his position by 10.1%, which can pressure sentiment when a large insider trims exposure.
Negative Sentiment: Co-founder Nathan Blecharczyk sold 31,033 shares worth about $4.5 million, cutting his stake by 28.6% and adding to the recent wave of insider selling.
Negative Sentiment: Airbnb must still face a Los Angeles lawsuit alleging price gouging during the 2025 wildfires, creating legal and reputational risk that could weigh on the stock. Article: Airbnb must face Los Angeles lawsuit alleging price gouging during 2025 wildfires

Analyst Ratings Changes

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A number of brokerages have recently commented on ABNB. Robert W. Baird lifted their price target on shares of Airbnb from $150.00 to $160.00 and gave the stock an "outperform" rating in a research note on Monday. Royal Bank Of Canada restated an "outperform" rating and set a $173.00 price objective on shares of Airbnb in a research report on Thursday, May 21st. Citigroup restated an "outperform" rating on shares of Airbnb in a report on Friday, May 8th. B. Riley Financial restated a "buy" rating on shares of Airbnb in a report on Friday, May 8th. Finally, Wells Fargo & Company lifted their target price on shares of Airbnb from $178.00 to $181.00 and gave the stock an "overweight" rating in a research report on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $158.36.

View Our Latest Research Report on ABNB

Airbnb Company Profile

(Get Free Report)

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.