Airbnb CEO Brian Chesky sells $4.9 million in shares, part of $92.5 million total sales.
From StockTwits: 2025-03-20 04:36:14
Airbnb CEO Brian Chesky has sold shares worth $4.9 million, part of a series of transactions totaling at least $92.5 million this year. Other company insiders have also sold millions of dollars in shares recently. The company’s stock reached a 10-month high in February after strong Q4 results. Revenue rose 12% to $2.48 billion in Q4. Jefferies raised its rating to ‘buy’ with a price target of $185. Retail investors on Stocktwits are bearish, with analysts mostly rating the stock as ‘hold’ with an average price target of $157.97. Shares trade at $126, down 4.1% year to date.
Read more at StockTwits: Airbnb CEO Offloads Another $5M Worth Of Shares: Retail Investors See Red