Airbnb, Inc. $ABNB Stock Sold by Cullinan Associates Inc.

Cullinan Associates Inc. decreased its stake in shares of Airbnb, Inc. (NASDAQ:ABNB) by 57.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,720 shares of the company’s stock after selling 25,100 shares during the period. Cullinan Associates Inc.’s holdings in Airbnb were worth $3,007,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of ABNB. Wellington Management Group LLP raised its stake in Airbnb by 80.6% in the second quarter. Wellington Management Group LLP now owns 5,785,665 shares of the company’s stock worth $827,929,000 after buying an additional 2,581,539 shares in the last quarter. Amundi lifted its holdings in Airbnb by 8.6% in the first quarter. Amundi now owns 4,686,765 shares of the company’s stock worth $591,845,000 after buying an additional 370,426 shares during the period. Assenagon Asset Management S.A. lifted its holdings in Airbnb by 114.6% in the third quarter. Assenagon Asset Management S.A. now owns 3,401,521 shares of the company’s stock worth $546,454,000 after buying an additional 1,816,522 shares during the period. Jennison Associates LLC boosted its position in Airbnb by 9,331.0% during the 1st quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock valued at $400,681,000 after acquiring an additional 3,139,315 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its position in Airbnb by 61.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 2,201,279 shares of the company’s stock valued at $353,635,000 after acquiring an additional 835,208 shares in the last quarter. Institutional investors own 80.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. B. Riley Financial reiterated a “buy” rating and set a $230.00 target price (up from $210.00) on shares of Airbnb in a report on Friday. UBS Group raised their target price on Airbnb from $172.00 to $181.00 and gave the company a “neutral” rating in a research note on Tuesday, November 3rd. Citigroup lifted their price target on Airbnb from $193.00 to $227.00 and gave the company a “buy” rating in a research report on Friday. TD Cowen upgraded Airbnb to a “strong-buy” rating in a research report on Monday, September 14th. Finally, Jefferies Financial Group upped their price target on Airbnb from $175.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Airbnb currently has an average rating of “Moderate Buy” and a consensus price target of $193.85.

Airbnb Stock Performance

Airbnb stock opened at $189.99 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $113.76 billion, a P/E ratio of 35.51, a PEG ratio of 2.17 and a beta of 1.26. The stock’s 50 day moving average is $169.07 and its 200 day moving average is $147.71. Airbnb, Inc. has a twelve month low of $110.81 and a twelve month high of $193.45.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings data on Thursday, November 5th. The company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.31. The company had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.75 billion. Airbnb had a return on equity of 40.71% and a net margin of 23.02%. The firm’s revenue for the quarter was up 18.9% on a year-over-year basis. During the same quarter last year, the company earned $2.21 EPS. On average, equities research analysts predict that Airbnb, Inc. will post 5.43 earnings per share for the current fiscal year.

Insider Buying and Selling at Airbnb

In other news, insider Nathan Blecharczyk sold 13,615 shares of the stock in a transaction on Monday, October 26th. The stock was sold at an average price of $170.81, for a total value of $2,325,578.15. Following the sale, the insider directly owned 20,567 shares of the company’s stock, valued at approximately $3,513,049.27. This represents a 39.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO David Bernstein sold 1,756 shares of the firm’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $167.38, for a total value of $293,919.28. Following the transaction, the chief accounting officer owned 43,899 shares of the company’s stock, valued at $7,347,814.62. The trade was a 3.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 524,377 shares of company stock worth $98,303,710 over the last three months. Corporate insiders own 27.21% of the company’s stock.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb reported Q3 revenue of $4.87 billion, up 18.9% year over year and above estimates. Adjusted earnings of $3.16 per share also beat forecasts. Booking demand strengthened, with nights booked up 16%, marking the company’s fastest revenue growth in more than three years. Airbnb Q3 results
• Positive Sentiment: Management raised its 2026 revenue-growth outlook to the high teens from the mid teens and forecast Q4 revenue of $3.22 billion to $3.28 billion. Executives described the business as “back in growth mode,” citing resilient global travel demand and stronger bookings. Airbnb raises its annual outlook
• Positive Sentiment: The company authorized a $12 billion stock buyback, which could support shareholder returns. Management also pointed to AI-driven efficiency and hotel expansion as opportunities to improve operations and broaden growth. Q3 highlights, buyback and growth plans
• Positive Sentiment: Several analysts raised price targets after the results, including Oppenheimer, Citi and RBC, reinforcing the view that accelerating growth could support further gains. Analysts raise Airbnb price targets
• Neutral Sentiment: Some analysts remain cautious, arguing that valuation may limit upside despite the stronger outlook. Commentary also flagged possible effects from currency movements and a payment feature on reported results; these are potential caveats, not evidence that demand has weakened. Analysis of Q3 results and potential caveats

About Airbnb

Airbnb operates an online marketplace that connects travelers with hosts offering short-term stays and other travel-related services. Listings include apartments, houses, rooms and distinctive accommodations, with options ranging from brief visits to longer stays. The platform also offers bookable experiences in destinations around the world.

Founded in 2007 in San Francisco, Airbnb was started by Brian Chesky, Nathan Blecharczyk and Joe Gebbia. The company serves guests and hosts in more than 220 countries and regions, providing tools for listing properties, managing reservations and handling payments.

Brian Chesky is Airbnb’s co-founder and chief executive officer.