Bank of New York Mellon Corp Decreases Holdings in Airbnb, Inc. $ABNB

Posted by Brian Himes on Jul 18th, 2026

Bank of New York Mellon Corp decreased its stake in Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 3.5% during the 1st quarter, Holdings Channel reports. The firm owned 2,443,826 shares of the company’s stock after selling 88,654 shares during the quarter. Bank of New York Mellon Corp’s holdings in Airbnb were worth $308,606,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Illinois Municipal Retirement Fund grew its position in Airbnb by 8.0% in the first quarter. Illinois Municipal Retirement Fund now owns 73,448 shares of the company’s stock worth $9,275,000 after acquiring an additional 5,417 shares during the period. NFSG Corp increased its position in shares of Airbnb by 27.2% in the 1st quarter. NFSG Corp now owns 2,224 shares of the company’s stock valued at $281,000 after purchasing an additional 475 shares during the last quarter. Cogent Strategic Wealth LLC purchased a new stake in Airbnb during the first quarter worth approximately $226,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of Airbnb by 104.1% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,832 shares of the company’s stock valued at $863,000 after purchasing an additional 3,485 shares during the last quarter. Finally, Chicago Partners Investment Group LLC boosted its holdings in shares of Airbnb by 27.2% in the first quarter. Chicago Partners Investment Group LLC now owns 31,043 shares of the company’s stock valued at $3,920,000 after acquiring an additional 6,639 shares during the period. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

Positive Sentiment: Wedbush initiated coverage with a neutral rating and a $152 price target, implying modest upside from recent levels and signaling that analysts still see value in the shares. Article link
Positive Sentiment: Jefferies reaffirmed its buy rating on Airbnb, supporting the view that Wall Street remains constructive on the company’s longer-term growth outlook. Article link
Neutral Sentiment: Investors are watching Airbnb’s upcoming fiscal second-quarter earnings report, with analysts expecting double-digit earnings growth; results will likely determine whether the stock can extend recent momentum. Article link
Neutral Sentiment: Airbnb co-founder Joseph Gebbia sold about $39 million in stock under a pre-arranged 10b5-1 plan. While not necessarily a bearish signal, insider selling can create some investor caution. Article link
Negative Sentiment: CEO Brian Chesky’s X account was reportedly hacked and used to promote crypto tokenization posts. The incident does not directly affect fundamentals, but it is a reputational and security-related distraction for the company. Article link

Analyst Ratings Changes

ABNB has been the subject of several recent analyst reports. Morgan Stanley cut shares of Airbnb from an “underweight” rating to an “underweight” rating in a research note on Monday, May 4th. UBS Group upped their price objective on Airbnb from $153.00 to $157.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Benchmark raised their price target on Airbnb from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Wells Fargo & Company upped their target price on Airbnb from $178.00 to $181.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Finally, Cantor Fitzgerald raised Airbnb from a “neutral” rating to an “overweight” rating in a research report on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Airbnb has a consensus rating of “Moderate Buy” and a consensus target price of $159.84.

View Our Latest Stock Analysis on ABNB

Insider Transactions at Airbnb

In related news, insider Nathan Blecharczyk sold 13,615 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $148.37, for a total transaction of $2,020,057.55. Following the transaction, the insider directly owned 81,677 shares in the company, valued at $12,118,416.49. This trade represents a 14.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kenneth I. Chenault sold 8,346 shares of the firm’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $150.00, for a total transaction of $1,251,900.00. Following the completion of the transaction, the director owned 40,879 shares in the company, valued at approximately $6,131,850. The trade was a 16.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 2,325,429 shares of company stock valued at $321,925,435. 27.21% of the stock is currently owned by insiders.

Airbnb Stock Performance

Shares of NASDAQ:ABNB opened at $145.98 on Friday. The business’s 50-day simple moving average is $139.13 and its 200 day simple moving average is $134.42. Airbnb, Inc. has a one year low of $110.81 and a one year high of $150.88. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.44 and a current ratio of 1.44. The company has a market cap of $87.98 billion, a P/E ratio of 35.96, a PEG ratio of 1.59 and a beta of 1.14.

Airbnb (NASDAQ:ABNB – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.05). The business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.62 billion. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The company’s revenue was up 17.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.24 EPS. On average, sell-side analysts forecast that Airbnb, Inc. will post 4.91 earnings per share for the current fiscal year.

About Airbnb

(Free Report)

Airbnb, Inc (NASDAQ: ABNB) operates a global online marketplace that connects travelers with hosts offering short-term lodging, unique accommodations and related travel experiences. The company’s core platform enables individuals and professional property managers to list private homes, apartments, single rooms and entire properties, while providing search, booking and payment processing for guests. Airbnb earns revenue primarily through service fees charged to guests and hosts and offers tools to facilitate reservations, communications, and logistics between parties.

Beyond accommodations, Airbnb has expanded its product portfolio to include curated experiences led by local hosts, higher-end offerings such as Airbnb Luxe, and programs aimed at enhancing quality and safety like Airbnb Plus.

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Institutional Ownership by Quarter for Airbnb (NASDAQ:ABNB)

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