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Director Joseph Gebbia, a ten percent owner of Airbnb, Inc. (NASDAQ:ABNB), sold a total of 236,000 shares of Class A Common Stock on October 13, 2025, for approximately $28.1 million. The stock, currently trading at $124.28, has shown resilience with a market capitalization of $76 billion and maintains a GOOD financial health score according to InvestingPro analysis.
The sales were executed in two separate transactions. The first involved 50,304 shares sold at a weighted average price of $118.7342, for a total value of $5,972,810. These shares were sold in multiple transactions at prices ranging from $118.36 to $118.99. The second transaction involved 185,696 shares sold at a weighted average price of $119.3579, for a total value of $22,164,279. These shares were sold in multiple transactions at prices ranging from $119.01 to $119.78. While this insider sale might raise questions, InvestingPro data reveals management has been actively buying back shares, potentially signaling confidence in the company’s value.
Following these transactions, Gebbia Joseph, by Sycamore Trust, indirectly owns 1,593,726 shares of Airbnb.
These sales were executed pursuant to a Rule 10b5-1 trading plan adopted on February 26, 2025.
In other recent news, DA Davidson’s OTA TAE Tracker reported a 1.1% increase in tours, attractions, and experiences listings across major online marketplaces, including Viator/Tripadvisor, Expedia, Booking.com, and Airbnb. This growth defied typical seasonal trends in the travel industry. Meanwhile, Mizuho initiated coverage on Airbnb with an Outperform rating and a price target of $151, suggesting a potential 22% upside. Bernstein also reiterated an Outperform rating for Airbnb, emphasizing the company’s strategic expansion into the hotel market. Additionally, Airbnb’s Chief Business Officer, Dave Stephenson, has been appointed to the board of SiriusXM, bringing significant leadership experience from his previous roles.
On the other hand, Expedia received a Buy rating from Bank of America, as it continues to gain modest global hotel room night share. The company’s business-to-business segment has been a significant factor in its market share growth. These developments highlight the dynamic changes occurring within the online travel and hospitality sectors.
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