10 Stocks With At Least $10 Million In Insider Sales Recently

3. Airbnb, Inc. (NASDAQ:ABNB)

Highest Individual Sale: $19,599,369.64

Number of Sales Above $10 million: 11

Market Capitalization: $88.59 billion

Third among 10 stocks with at least $10 million in insider sales recently is a world-popular online platform that allows hosts to offer accommodations and experiences to guests, Airbnb. The San Francisco, California-based company offers a marketplace that connects hosts and guests through its website and mobile app, enabling bookings for spaces and activities.

The company is continually enhancing its platform and plans to introduce over 500 new features and updates in the upcoming summer release. With a portfolio of 8 million listings and 5 million hosts, it is well-positioned for sustained growth.

On February 14, Airbnb’s CEO and chairman, Brian Chesky, made two sales, one valued at $19.6 million. That day, Chesky sold a total of 210,179 shares, at an average price of $160.93 per share. Currently, the stock is trading at $142.58, having risen 8.50% since the beginning of the year. Over the past 12 months, Airbnb lost 12.99%.

Airbnb is also one of the 12 companies Bezos is investing in.

Cramer recently praised the stock saying it is a company that keeps growing amid strong travel demand. When you travel, you need someplace to stay, don’t you? They (Airbnb) just reported excellent numbers. These were cyclical stocks before COVID, but now they’re secular, meaning they seem to have growing growth no matter what.”