10 Stocks With At Least $20 Million In Insider Sales Recently

2. Airbnb, Inc. (NASDAQ:ABNB)

Highest Individual Sale: $28,926,324.00

Number of Sales Above $20 million: 2

Market Capitalization: $83.74 billion

Airbnb is a globally recognized platform that enables hosts to offer accommodations and experiences to guests. The company is headquartered in San Francisco, California, but its marketplace has a portfolio of 8 million listings and 5 million hosts from around the world. It is regularly improving its platform and plans to introduce over 500 new features and updates in the upcoming summer release.

Jim Cramer recently commented on Airbnb 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.”

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

On February 14, chief strategy officer, Nathan Blecharczyk, sold $28.93 million worth of shares for $158 per share. Having gained 0.31% since the beginning of the year, the stock is now trading at $131.82 per share. Over the past 12 months, Airbnb shares declined 19.40%.

As per 31 analysts, Airbnb stock is “Hold”, and its price target is $147.26, according to StockAnalysis. The average price target forecast suggests a 9.81% upside from the latest price.