VIRGINIA RETIREMENT SYSTEMS ET Al lowered its stake in Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 49.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 163,199 shares of the company’s stock after selling 157,300 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Airbnb were worth $22,149,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in ABNB. Harris Associates L P lifted its position in shares of Airbnb by 43.2% in the second quarter. Harris Associates L P now owns 14,237,331 shares of the company’s stock worth $1,884,168,000 after buying an additional 4,292,383 shares during the last quarter. Independent Franchise Partners LLP acquired a new stake in shares of Airbnb in the third quarter worth about $505,672,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Airbnb by 453.5% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,325,498 shares of the company’s stock worth $403,782,000 after buying an additional 2,724,682 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Airbnb by 58.6% in the third quarter. AQR Capital Management LLC now owns 4,269,937 shares of the company’s stock worth $518,456,000 after buying an additional 1,577,338 shares during the last quarter. Finally, Van ECK Associates Corp lifted its position in shares of Airbnb by 6,623.8% in the third quarter. Van ECK Associates Corp now owns 1,394,109 shares of the company’s stock worth $169,273,000 after buying an additional 1,373,375 shares during the last quarter. Institutional investors and hedge funds own 80.76% of the company’s stock.
Insider Transactions at Airbnb
In other news, Director Joseph Gebbia sold 58,000 shares of Airbnb stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $126.16, for a total value of $7,317,280.00. Following the transaction, the director directly owned 170,015 shares in the company, valued at approximately $21,449,092.40. The trade was a 25.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nathan Blecharczyk sold 60,136 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $145.70, for a total value of $8,761,815.20. Following the transaction, the insider owned 11,920 shares in the company, valued at $1,736,744. This represents a 83.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 459,838 shares of company stock worth $62,185,245 over the last quarter. 27.21% of the stock is currently owned by corporate insiders.
Airbnb Trading Down 1.9%
Airbnb (NASDAQ:ABNB – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.62 billion. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The company’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 earnings per share. Equities research analysts forecast that Airbnb, Inc. will post 4.91 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on the company. HSBC cut Airbnb from a “hold” rating to a “hold” rating in a research report on Monday, May 4th. UBS Group boosted their price target on Airbnb from $153.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. HC Wainwright raised Airbnb to a “buy” rating in a research report on Monday, May 4th. Argus upgraded Airbnb to a “strong-buy” rating in a research note on Tuesday, February 17th. Finally, Weiss Ratings upgraded Airbnb from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $157.67.
Check Out Our Latest Stock Report on ABNB
More Airbnb News
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Airbnb said AI now generates 60% of new code in the first quarter, which management says could improve efficiency and speed product development. The company also reported about 18% revenue growth to roughly $2.7 billion, showing demand remains healthy. Airbnb Reveals AI Agents Now Handle 60% Of New Coding— CEO Brian Chesky Says That Allows One Engineer To Do Work Of 20
- Positive Sentiment: Several analysts raised their views on Airbnb after earnings, including higher price targets and an upgraded rating from Oppenheimer, which may help support investor confidence.
- Positive Sentiment: Airbnb was highlighted in an Insidermonkey list of “best stocks to buy,” reflecting continued interest from hedge-fund-focused and growth-oriented investors. 5 Best Stocks to Buy Now for a $1 Million Portfolio
- Neutral Sentiment: Industry reports on travel personalization and hotel sponsorship trends mention Airbnb, but they are broad sector research pieces and are unlikely to move the stock on their own. Personalization in Travel & Tourism: 2026 Strategic Intelligence Report Featuring Expedia Group, Booking, Marriott International, Airbnb, Holibob and More
- Neutral Sentiment: incident.io’s launch of a PagerDuty migration program mentioned Airbnb as a customer, but it does not appear to have a direct impact on Airbnb’s business outlook. incident.io Launches PagerDuty Rescue Program
- Negative Sentiment: CEO and insider Nathan Blecharczyk sold shares in multiple transactions, including a large 60,136-share sale, which can weigh on sentiment because investors often view insider selling as a caution signal. Nathan Blecharczyk insider trading disclosure
- Negative Sentiment: Airbnb recently missed earnings-per-share estimates, keeping attention on profitability and margin execution after a solid revenue beat. Airbnb, Inc. Just Missed EPS By 14%: Here’s What Analysts Think Will Happen Next
Airbnb 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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Want to see what other hedge funds are holding ABNB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Airbnb, Inc. (NASDAQ:ABNB – Free Report).
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