Principal Financial Group Inc. Sells 405,493 Shares of Airbnb, Inc. $ABNB

Posted by Stanley Muller on Jul 15th, 2026

Principal Financial Group Inc. lessened its holdings in Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 25.1% during the first quarter, Holdings Channel.com reports. The institutional investor owned 1,209,872 shares of the company’s stock after selling 405,493 shares during the quarter. Principal Financial Group Inc.’s holdings in Airbnb were worth $152,785,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Harris Associates L P increased its position in shares of 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 acquiring an additional 3,240,477 shares during the last quarter. Geode Capital Management LLC boosted 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 purchasing an additional 47,966 shares during the last quarter. AQR Capital Management LLC grew its stake in Airbnb by 58.4% in the 4th quarter. AQR Capital Management LLC now owns 6,762,784 shares of the company’s stock valued at $917,845,000 after purchasing an additional 2,492,847 shares during the period. Clearbridge Investments LLC grew its stake in Airbnb by 3.7% in the 4th quarter. Clearbridge Investments LLC now owns 6,073,947 shares of the company’s stock valued at $824,356,000 after purchasing an additional 216,455 shares during the period. Finally, Independent Franchise Partners LLP increased its position 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 valued at $698,452,000 after purchasing an additional 981,624 shares during the last quarter. 80.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Susquehanna lifted their target price on Airbnb from $150.00 to $170.00 and gave the stock a “positive” rating in a research note on Friday, May 8th. JPMorgan Chase & Co. increased their price target on shares of Airbnb from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. B. Riley Financial reaffirmed a “buy” rating on shares of Airbnb in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $170.00 price objective on shares of Airbnb in a research report on Friday, May 8th. Finally, Citigroup reissued an “outperform” rating on shares of Airbnb in a research report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Airbnb currently has a consensus rating of “Moderate Buy” and an average target price of $158.96.

View Our Latest Analysis on Airbnb

Insider Transactions at Airbnb

In other news, CEO Brian Chesky sold 265,746 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $132.22, for a total value of $35,136,936.12. Following the sale, the chief executive officer owned 11,206,389 shares of the company’s stock, valued at $1,481,708,753.58. The trade was a 2.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Nathan Blecharczyk sold 88,366 shares of the company’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $145.81, for a total transaction of $12,884,646.46. Following the sale, the insider owned 12,370 shares in the company, valued at $1,803,669.70. The trade was a 87.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,325,429 shares of company stock worth $321,925,435 over the last quarter. Corporate insiders own 27.21% of the company’s stock.

Airbnb Trading Up 0.1%

Shares of ABNB opened at $146.54 on Wednesday. The business has a 50-day moving average of $138.72 and a 200 day moving average of $134.17. Airbnb, Inc. has a fifty-two week low of $110.81 and a fifty-two week high of $150.19. The firm has a market cap of $88.32 billion, a P/E ratio of 36.09, a price-to-earnings-growth ratio of 1.57 and a beta of 1.14. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.44 and a current ratio of 1.44.

Airbnb (NASDAQ:ABNB – Get Free Report) last announced its quarterly earnings data 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 the consensus estimate of $2.62 billion. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The company’s revenue was up 17.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.24 earnings per share. As a group, research analysts forecast that Airbnb, Inc. will post 4.91 EPS for the current year.

Airbnb Profile

(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.