Zevenbergen Capital Investments LLC Sells 261,844 Shares of Airbnb, Inc. $ABNB

Zevenbergen Capital Investments LLC lowered its holdings in Airbnb, Inc. (NASDAQ:ABNB) by 99.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,725 shares of the company’s stock after selling 261,844 shares during the quarter. Zevenbergen Capital Investments LLC’s holdings in Airbnb were worth $209,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Kentucky Trust Co purchased a new stake in Airbnb in the second quarter valued at approximately $25,000. E Fund Management Hong Kong Co. Ltd. grew its position in Airbnb by 70.9% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 200 shares of the company’s stock worth $26,000 after acquiring an additional 83 shares in the last quarter. Concord Wealth Partners bought a new position in Airbnb in the second quarter valued at $28,000. Whipplewood Advisors LLC raised its position in Airbnb by 235.3% during the second quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock valued at $30,000 after purchasing an additional 160 shares in the last quarter. Finally, Armstrong Advisory Group Inc. lifted its stake in Airbnb by 363.6% during the second quarter. Armstrong Advisory Group Inc. now owns 255 shares of the company’s stock worth $34,000 after purchasing an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Key Stores Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Wedbush raised its price target on ABNB to $135 from $130, supporting upside expectations from analysts. Airbnb price target raised to $135 from $130 at Wedbush
• Positive Sentiment: RBC Capital upgraded Airbnb, a catalyst that likely contributed to buying interest and the stock’s multi-session run. RBC Capital upgrades Airbnb (ABNB)
• Positive Sentiment: Wall Street coverage highlights and analyst upgrades (reported in a Yahoo/finance roundup) are adding momentum as brokers reiterate travel recovery themes. Spotify initiated, Airbnb upgraded: Wall Street’s top analyst calls
• Positive Sentiment: Macro travel outlooks (Zacks piece on rising 2026 travel demand) bolster the thesis for Airbnb benefiting from sustained leisure/business travel. Travel Demand Still Rising in 2026? 4 Stocks to Ride the Boom
• Neutral Sentiment: Coverage is mixed—reports note analysts remain conflicted on consumer cyclical names including Airbnb, signaling divergent views on valuation and growth. Analysts Conflicted on These Consumer Cyclical Names: Airbnb (ABNB) and Sweetgreen (SG)
• Negative Sentiment: CEO and other executives have been selling: a CEO sale (~$6.72M reported), director Joseph Gebbia sold 58,000 shares, CTO Aristotle Balogh sold 15,263 shares, and Brian Chesky also sold recently—these repeated insider trims may raise investor caution about near-term liquidity needs or diversification. Insider Selling: Airbnb (NASDAQ:ABNB) CEO Sells $6,719,326.80 in Stock Joseph Gebbia Sells 58,000 Shares Aristotle Balogh SEC filing
• Negative Sentiment: Parnassus Value Equity Fund sold its Airbnb holding (reported in fund commentary), an institutional reduction that could be viewed as profit-taking or a strategic reweighting and may add selling pressure. Here’s Why Parnassus Value Equity Fund Sold Airbnb (ABNB)

Airbnb Trading Up 1.0%

ABNB stock opened at $135.28 on Friday. The stock has a market capitalization of $83.27 billion, a price-to-earnings ratio of 32.13, a PEG ratio of 2.36 and a beta of 1.11. The firm’s 50-day moving average price is $123.36 and its two-hundred day moving average price is $127.57. Airbnb, Inc. has a 12-month low of $99.88 and a 12-month high of $163.93.

Airbnb (NASDAQ:ABNB) last posted its earnings results on Thursday, November 6th. The company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.31 by ($0.10). The business had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.08 billion. Airbnb had a return on equity of 32.14% and a net margin of 22.03%.The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.13 earnings per share. Equities analysts predict that Airbnb, Inc. will post 4.31 EPS for the current year.

Analysts Set New Price Targets

ABNB has been the subject of a number of recent research reports. Truist Financial boosted their target price on Airbnb from $104.00 to $107.00 and gave the stock a “sell” rating in a research report on Thursday, December 4th. UBS Group increased their target price on shares of Airbnb from $145.00 to $147.00 and gave the company a “neutral” rating in a report on Friday, November 7th. Mizuho set a $156.00 target price on shares of Airbnb in a research report on Friday, November 7th. Wedbush upped their price target on shares of Airbnb from $130.00 to $135.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Wells Fargo & Company boosted their target price on Airbnb from $111.00 to $118.00 and gave the company an “underweight” rating in a research note on Monday, December 1st. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nineteen have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $144.48.

Insider Activity

In other Airbnb news, Director Joseph Gebbia sold 236,000 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $120.66, for a total transaction of $28,475,760.00. Following the transaction, the director directly owned 232,015 shares of the company’s stock, valued at approximately $27,994,929.90. The trade was a 50.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Nathan Blecharczyk sold 141,063 shares of the company’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $121.96, for a total transaction of $17,204,043.48. Following the completion of the transaction, the insider owned 11,520 shares of the company’s stock, valued at $1,404,979.20. This trade represents a 92.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,752,641 shares of company stock valued at $214,070,170. Company insiders own 27.91% of the company’s stock.

Airbnb Company 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.