Airbnb, Inc. (ABNB) is demonstrating a steady performance this year, buoyed by sustained high demand within the tourism sector. In addition to that, its recent inclusion in the S&P 500 index has only increased its allure among investors.
However, there are growing apprehensions due to an increasing trend of insider selling during the past year. On September 12, 2023, Brian Chesky, CEO and Chairman, sold 150,000 company shares. This is part of a series of such transactions over the course of the past year, where Chesky sold a total of 270,000 shares.
