Hershey Trust Co. Trims Holdings in Airbnb, Inc. $ABNB

Posted by Nicole Kennedy on Jun 4th, 2026

Hershey Trust Co. reduced its stake in shares of Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 81.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,374 shares of the company’s stock after selling 5,885 shares during the quarter. Airbnb comprises about 0.0% of Hershey Trust Co.’s investment portfolio, making the stock its 4th biggest position. Hershey Trust Co.’s holdings in Airbnb were worth $186,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. ORG Partners LLC increased its stake in Airbnb by 97.0% during the fourth quarter. ORG Partners LLC now owns 195 shares of the company’s stock worth $26,000 after acquiring an additional 96 shares during the last quarter. Entrust Financial LLC bought a new stake in Airbnb during the fourth quarter worth approximately $27,000. Aster Capital Management DIFC Ltd bought a new stake in Airbnb during the third quarter worth approximately $25,000. Aventura Private Wealth LLC bought a new stake in Airbnb during the fourth quarter worth approximately $29,000. Finally, Sunbelt Securities Inc. increased its stake in Airbnb by 397.7% during the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock worth $27,000 after acquiring an additional 175 shares during the last quarter. 80.76% of the stock is owned by institutional investors.

Airbnb Stock Down 0.6%

Shares of NASDAQ ABNB opened at $133.59 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.44 and a current ratio of 1.44. The firm has a market capitalization of $80.52 billion, a price-to-earnings ratio of 32.90, a PEG ratio of 1.44 and a beta of 1.16. The stock has a 50 day moving average price of $134.21 and a 200 day moving average price of $130.55. Airbnb, Inc. has a 52-week low of $110.81 and a 52-week high of $147.25.

Airbnb (NASDAQ:ABNB – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). The firm had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.62 billion. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The firm’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.24 EPS. Sell-side analysts expect that Airbnb, Inc. will post 4.91 earnings per share for the current year.

Wall Street Analyst Weigh In

ABNB has been the topic of a number of analyst reports. Mizuho upped their target price on Airbnb from $156.00 to $175.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Airbnb in a research note on Friday, May 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $173.00 target price on shares of Airbnb in a research note on Thursday, May 21st. HC Wainwright raised Airbnb to a “buy” rating in a research note on Monday, May 4th. Finally, Robert W. Baird set a $150.00 target price on Airbnb in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $157.67.

Read Our Latest Analysis on ABNB

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

Positive Sentiment: Brokerages currently rate Airbnb at an average of “Moderate Buy,” suggesting Wall Street remains broadly constructive on the company’s outlook. Airbnb, Inc. (NASDAQ:ABNB) Given Average Rating of “Moderate Buy” by Brokerages
Neutral Sentiment: Airbnb has underperformed the S&P 500 over the past year, but analysts are still cautiously optimistic about the stock’s longer-term prospects. Is Airbnb Stock Underperforming the S&P 500?
Negative Sentiment: Director Joseph Gebbia sold 265,000 shares, trimming his position by 7.69%, while CEO Brian Chesky made multiple sales totaling more than 120,000 shares, reinforcing concerns that insiders may see limited near-term upside. SEC filing for Joseph Gebbia sale SEC filing for Brian Chesky sales

Insider Activity at Airbnb

In related news, Director Joseph Gebbia sold 265,000 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $135.45, for a total value of $35,894,250.00. Following the completion of the sale, the director owned 3,182,355 shares in the company, valued at approximately $431,049,984.75. The trade was a 7.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Nathan Blecharczyk sold 2,739 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $131.40, for a total value of $359,904.60. Following the completion of the sale, the insider owned 81,631 shares of the company’s stock, valued at $10,726,313.40. The trade was a 3.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 1,542,173 shares of company stock worth $208,123,290. Company insiders own 27.21% of the company’s stock.

About Airbnb

(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.