Airbnb CTO Balogh sells $79k in shares

Published 24/06/2025, 22:14
© Reuters.

Airbnb (NASDAQ:ABNB) Chief Technology Officer Aristotle Balogh sold 600 shares of Class A Common Stock on June 20, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $132.27, totaling $79362. The transaction comes as Airbnb, currently valued at $81.6 billion, maintains strong financial health with an impressive 83% gross profit margin and more cash than debt on its balance sheet, according to InvestingPro data.

Following the transaction, Balogh directly owns 212777.141 shares of Airbnb Class A Common Stock. While this insider sale occurred, InvestingPro analysis shows the company has been actively buying back shares, with 9 analysts recently revising their earnings expectations upward for the upcoming period.

The sale was executed under a Rule 10b5-1 trading plan adopted on February 27, 2025. Investors seeking deeper insights into Airbnb’s valuation and growth prospects can access additional ProTips and comprehensive analysis through InvestingPro’s detailed research reports.

In other recent news, Airbnb Inc . has faced a series of developments that may interest investors. Bernstein SocGen Group reiterated its outperform rating and set a price target of $165.00 for Airbnb, citing the company’s higher free cash flow conversion and growth outlook compared to competitors. Despite a premium valuation, Bernstein believes Airbnb’s expected mid-term revenue growth justifies its current valuation. On the other hand, Truist Securities downgraded Airbnb’s stock from Hold to Sell, lowering the price target to $106.00. This decision was based on adjusted EBITDA projections and a reevaluation of the company’s earnings potential relative to its market valuation.

Additionally, Airbnb is involved in a legal dispute after being accused of excluding certain shareholder proposals from its proxy statement. The lawsuit, filed by the Heritage Foundation and American Conservative Values ETF, challenges the company’s handling of these proposals. Meanwhile, BTIG maintained a Neutral rating on Airbnb, noting a slowdown in performance indicators compared to its peers. The firm observed a moderation in Airbnb’s site traffic and U.S. receipt data.

Lastly, Bernstein analysts reiterated a positive outlook with an Outperform rating and a $185.00 price target, following Airbnb’s focus on growth and investment in artificial intelligence. The company aims to enhance customer service and expand its market presence, backed by strong margins and free cash flow. These developments reflect a mixed outlook for Airbnb as it navigates competitive pressures and strategic initiatives.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.