LGT Fund Management Co Ltd. Buys New Stake in Airbnb, Inc. $ABNB

Posted by George Bondi on Jul 12th, 2026

LGT Fund Management Co Ltd. purchased a new stake in Airbnb, Inc. (NASDAQ:ABNB – Free Report) during the first quarter, HoldingsChannel.com reports. The fund purchased 37,098 shares of the company’s stock, valued at approximately $4,685,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Caxton Associates LLP acquired a new stake in shares of Airbnb during the 1st quarter worth about $258,000. Intech Investment Management LLC increased its stake in Airbnb by 55.8% in the first quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock valued at $1,453,000 after purchasing an additional 4,353 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in Airbnb by 18.8% during the second quarter. Sivia Capital Partners LLC now owns 5,866 shares of the company’s stock worth $776,000 after purchasing an additional 927 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in Airbnb during the second quarter worth approximately $411,000. Finally, NewEdge Advisors LLC lifted its position in shares of Airbnb by 9.8% during the 2nd quarter. NewEdge Advisors LLC now owns 54,054 shares of the company’s stock worth $7,153,000 after buying an additional 4,811 shares during the last quarter. 80.76% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Brian Chesky sold 265,746 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $132.22, for a total transaction of $35,136,936.12. Following the completion of the sale, the chief executive officer owned 11,206,389 shares in the company, valued at approximately $1,481,708,753.58. This represents a 2.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Joseph Gebbia sold 294,903 shares of the firm’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $148.43, for a total value of $43,772,452.29. Following the transaction, the director directly owned 2,622,452 shares in the company, valued at approximately $389,250,550.36. This represents a 10.11% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 2,325,429 shares of company stock valued at $321,925,435. Insiders own 27.21% of the company’s stock.

Trending Headlines about Airbnb

Here are the key news stories impacting Airbnb this week:

Positive Sentiment: Airbnb’s move to buy an $81.5 million Manhattan office reinforces confidence in its long-term commitment to New York and signals management is still investing in growth, even amid the city’s strict short-term rental rules. Airbnb Buys Manhattan Office Despite NYC Rental Crackdown
Positive Sentiment: Fortune reported that Airbnb is expanding its New York footprint and doubling headcount, which supports the view that the company sees durable demand and a meaningful operating base in one of the world’s biggest business hubs. Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
Neutral Sentiment: Airbnb confirmed it will report second-quarter 2026 results after the market close on August 6, creating a clear upcoming catalyst that could reset expectations for revenue growth, margins, and guidance. Airbnb to Announce Second Quarter 2026 Results
Neutral Sentiment: Recent short-interest data showed no meaningful change, so it does not appear to be a major driver for ABNB right now. Airbnb Buys Manhattan Office Despite NYC Rental Crackdown
Negative Sentiment: Multiple insider sales by Nathan Blecharczyk and Joseph Gebbia may be weighing on sentiment, as investors often view executive selling cautiously even when the transactions are small relative to their remaining holdings. Insider Selling: Airbnb (NASDAQ:ABNB) Director Sells $369,000.00 in Stock
Negative Sentiment: ABNB also fell in the prior session as travel and consumer-discretionary stocks weakened during a risk-off move tied to higher oil prices and geopolitical तनाव, showing the stock remains sensitive to macro headlines. Expedia, Booking, and Airbnb Shares Plummet, What You Need To Know

Airbnb Stock Performance

Shares of ABNB stock traded up $1.73 during trading hours on Friday, hitting $148.62. The stock had a trading volume of 2,635,765 shares, compared to its average volume of 3,454,486. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.44 and a quick ratio of 1.44. The firm has a market capitalization of $89.57 billion, a PE ratio of 36.61, a PEG ratio of 1.59 and a beta of 1.14. The stock’s 50 day moving average is $138.47 and its 200 day moving average is $134.06. Airbnb, Inc. has a twelve month low of $110.81 and a twelve month high of $150.19.

Airbnb (NASDAQ:ABNB – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $2.62 billion. During the same period in the previous year, the firm earned $0.24 earnings per share. The business’s revenue was up 17.9% compared to the same quarter last year. As a group, research analysts forecast that Airbnb, Inc. will post 4.91 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ABNB. Needham & Company LLC began coverage on shares of Airbnb in a report on Monday, May 4th. They issued a “buy” rating for the company. Scotiabank assumed coverage on shares of Airbnb in a research note on Monday, May 4th. They set an “outperform” rating on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $173.00 price target on shares of Airbnb in a research report on Thursday, May 21st. Susquehanna raised their price objective on Airbnb from $150.00 to $170.00 and gave the stock a “positive” rating in a report on Friday, May 8th. Finally, Jefferies Financial Group set a $160.00 price objective on Airbnb in a report on Friday, June 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $158.36.

View Our Latest Analysis on ABNB

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.