Handelsbanken Fonder AB trimmed its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 26.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 125,802 shares of the company’s stock after selling 45,509 shares during the period. Handelsbanken Fonder AB’s holdings in Airbnb were worth $18,002,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently added to or reduced their stakes in the company. Caxton Associates LLP purchased a new position in Airbnb in the first quarter valued at approximately $258,000. Intech Investment Management LLC grew its position in shares of Airbnb by 55.8% during the first quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock worth $1,453,000 after acquiring an additional 4,353 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in shares of 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 buying an additional 927 shares during the last quarter. WINTON GROUP Ltd acquired a new stake in Airbnb during the 2nd quarter worth approximately $411,000. Finally, NewEdge Advisors LLC raised its position in 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. Hedge funds and other institutional investors own 80.76% of the company’s stock.
Insider Buying and Selling
In other news, Director Joseph Gebbia sold 294,903 shares of Airbnb stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $148.43, for a total transaction of $43,772,452.29. Following the sale, the director owned 2,622,452 shares in the company, valued at $389,250,550.36. This trade represents a 10.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Brian Chesky sold 265,746 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $132.22, for a total transaction of $35,136,936.12. Following the transaction, the chief executive officer directly owned 11,206,389 shares in the company, valued at approximately $1,481,708,753.58. The trade was a 2.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 3,164,675 shares of company stock valued at $466,636,153. Corporate insiders own 27.21% of the company’s stock.
Airbnb Stock Performance
Airbnb (NASDAQ:ABNB – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.11. Airbnb had a return on equity of 33.38% and a net margin of 20.45%.The firm had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $3.58 billion. During the same period in the prior year, the firm earned $1.03 EPS. The firm’s quarterly revenue was up 16.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Airbnb, Inc. will post 5.22 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on ABNB shares. DA Davidson upped their price objective on Airbnb from $162.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Robert W. Baird lifted their price objective on Airbnb from $150.00 to $160.00 and gave the stock an “outperform” rating in a research report on Monday, June 29th. Jefferies Financial Group upped their target price on shares of Airbnb from $160.00 to $175.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $170.00 price target on shares of Airbnb in a research note on Friday, May 8th. Finally, Wells Fargo & Company boosted their price objective on shares of Airbnb from $181.00 to $186.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $172.00.
Check Out Our Latest Stock Analysis on ABNB
Key Airbnb News
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Strong second-quarter results remain the main support: Airbnb reported approximately $3.61 billion in revenue, up about 16% year over year, while EPS of $1.37 exceeded the $1.26 consensus estimate. Gross booking value and adjusted EBITDA also surpassed expectations. Why Airbnb ABNB Stock Is Up Today
- Positive Sentiment: Raised outlook and expansion plans support growth: Management lifted its 2026 revenue-growth forecast to at least the mid-teens. Airbnb is also investing in artificial intelligence, hotel listings and additional travel services, potentially broadening bookings and revenue beyond its core home-rental marketplace. Airbnb’s AI Strategy and Hotel Expansion Could Unlock New Growth
- Neutral Sentiment: Analyst opinion is divided: Some firms raised price targets or maintained positive ratings after the earnings beat, but BMO retained a neutral view and set a $165 target, below recent trading levels. The broader analyst consensus remains “Moderate Buy,” though targets vary widely. Airbnb Stock Jumps Despite BMO Target Trailing Market Price
- Negative Sentiment: Valuation is pressuring the stock: Following a roughly 25% one-month rally and a new 52-week high, Airbnb’s elevated earnings multiple leaves less room for weaker guidance or execution. Some analysts say investors may want to wait for a better entry point. Airbnb Has Been on a Tear, But There’s One Key Reason to Wait
- Negative Sentiment: Insider selling adds caution: CEO Brian Chesky, co-founder Nathan Blecharczyk and director Kenneth Chenault collectively sold substantial amounts of stock after the rally. These transactions may reinforce profit-taking concerns, even though insiders continue to hold shares. Airbnb Insider Trading Activity
About Airbnb
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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