Airbnb CFO Mertz sells $806,875 in shares

Published 06/08/2025, 21:34
© Reuters.

Airbnb (NASDAQ:ABNB) Chief Financial Officer Elinor Mertz sold 6,250 shares of Class A Common Stock on August 4, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $129.10, totaling $806,875. The transaction occurred near InvestingPro’s Fair Value estimate for the $80 billion company, which maintains strong financial health with an overall score of "GOOD."

Following the transaction, Mertz directly owns 455,111.295 shares of Airbnb.

The sale was executed under a Rule 10b5-1 trading plan adopted on May 31, 2024. The transaction was signed off by Brian Savage, Attorney-in-fact.

In other recent news, Airbnb Inc . is set to release its second-quarter earnings report, with Bernstein maintaining an Outperform rating and a price target of $165. Bernstein’s analysis projects a 6% growth in nights booked, slightly below the consensus estimate of 7%, noting that the U.S. market only represents about 25% of Airbnb’s volume. Cantor Fitzgerald has also adjusted its outlook, raising its price target for Airbnb to $130 from $100, while maintaining an Underweight rating. Cantor Fitzgerald expects Airbnb’s second-quarter 2025 gross bookings to reach $22.5 billion, reflecting a 6% year-over-year growth, which aligns with street estimates and the company’s guidance.

Bernstein suggests that Airbnb could potentially boost growth through strategic partnerships with platforms offering services like transfers and car hire. Despite Airbnb’s premium valuation, Bernstein remains optimistic about its growth prospects, reiterating the Outperform rating and $165 price target. The firm acknowledges that Airbnb trades at a 45% premium on ex-SBC EBITDA compared to Booking Holdings (NASDAQ:BKNG), despite having lower GAAP margins and no current growth advantage. These developments highlight the varied analyst perspectives on Airbnb’s future performance and strategic opportunities.

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