Airbnb director Joseph Gebbia sells $35.5m in stock

Joseph Gebbia, a director and ten percent owner of Airbnb, Inc. (NASDAQ:ABNB), sold a total of 236,601 Class A Common Stock shares across two transactions on July 15 and July 16, 2026. The sales amounted to approximately $35,529,853, with weighted average prices ranging from $150.1523 to $150.2263 per share. The timing coincides with Airbnb’s stock trading near its 52-week high of $150.88, with the company currently valued at a market cap of $86.87 billion.

The transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on February 27, 2026. All shares sold were indirectly held by the Sycamore Trust.

On July 15, Mr. Gebbia disposed of 187,024 shares of Class A Common Stock at a weighted average price of $150.1523 per share. These shares were sold in multiple transactions at prices ranging from $150.00 to $150.7489. The following day, July 16, an additional 49,577 shares were sold at a weighted average price of $150.2263 per share, with individual transaction prices ranging from $150.00 to $150.87.

Following these sales, Mr. Gebbia indirectly holds 2,093,518 shares of Class A Common Stock through the Sycamore Trust, and directly holds 2,738 shares.For deeper insights into Airbnb’s valuation and financial health, InvestingPro offers a comprehensive Pro Research Report with expert analysis and 12 additional ProTips for ABNB subscribers.

In other recent news, Jefferies adjusted its price target for Airbnb Inc., initially raising it to $175 before later reducing it back to $160, while maintaining a Buy rating. This change reflects the firm’s analysis of Airbnb’s expanded offerings, which suggests a potential path to over 10% revenue growth through 2030. Meanwhile, Wells Fargo reiterated an Overweight rating with a price target of $181, anticipating high single-digit growth in nights booked year-over-year for the third quarter of 2026. BofA Securities maintained a Neutral rating with a $150 price target, highlighting Airbnb’s strategic push into the hotel sector, which has garnered significant investor interest. Baird also increased its price target to $160, citing positive industry trends observed at a recent short-term rental summit. These developments indicate ongoing interest and analysis from various financial firms regarding Airbnb’s growth strategies and market positioning.