Sumitomo Mitsui Trust Group Inc. Lowers Stake in Airbnb, Inc. $ABNB

Sumitomo Mitsui Trust Group Inc. decreased its position in shares of Airbnb, Inc. (NASDAQ:ABNB) by 27.8% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,298,924 shares of the company’s stock after selling 500,989 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Airbnb were worth $164,028,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Resona Asset Management Co. Ltd. boosted its position in shares of Airbnb by 2.0% during the first quarter. Resona Asset Management Co. Ltd. now owns 130,151 shares of the company’s stock worth $16,355,000 after acquiring an additional 2,572 shares during the last quarter. Flatrock Wealth Partners LLC purchased a new position in Airbnb in the first quarter worth about $322,000. West Tower Group LLC purchased a new position in shares of Airbnb in the 1st quarter worth approximately $253,000. United Asset Strategies Inc. purchased a new position in Airbnb during the first quarter worth $966,000. Finally, Swedbank AB boosted its stake in shares of Airbnb by 0.6% during the 1st quarter. Swedbank AB now owns 237,726 shares of the company’s stock worth $30,020,000 after purchasing an additional 1,477 shares during the period. 80.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Evercore reaffirmed an “outperform” rating on shares of Airbnb in a research report on Friday, May 8th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $173.00 target price on shares of Airbnb in a research report on Thursday, May 21st. Barclays lifted their price target on shares of Airbnb from $122.00 to $125.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Robert W. Baird boosted their price target on Airbnb from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Monday, June 29th. Finally, Wells Fargo & Company increased their price objective on Airbnb from $178.00 to $181.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Airbnb presently has a consensus rating of “Moderate Buy” and an average price target of $158.36.

Insiders Place Their Bets

In other Airbnb news, Director Joseph Gebbia sold 294,903 shares of Airbnb stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $148.43, for a total transaction of $43,772,452.29. Following the completion of the sale, the director directly owned 2,622,452 shares in the company, valued at approximately $389,250,550.36. The trade was a 10.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Brian Chesky sold 265,746 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $132.22, for a total transaction of $35,136,936.12. Following the transaction, the chief executive officer directly owned 11,206,389 shares of the company’s stock, valued at approximately $1,481,708,753.58. This trade represents a 2.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 2,325,429 shares of company stock valued at $321,925,435. 27.21% of the stock is owned by insiders.

Airbnb Stock Performance

ABNB opened at $146.89 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.32. Airbnb, Inc. has a 52-week low of $110.81 and a 52-week high of $150.19. The company has a market cap of $88.53 billion, a P/E ratio of 36.18, a price-to-earnings-growth ratio of 1.53 and a beta of 1.14. The firm’s 50-day moving average price is $138.30 and its 200-day moving average price is $133.95.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.62 billion. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The company’s quarterly revenue was up 17.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.24 EPS. As a group, equities analysts anticipate that Airbnb, Inc. will post 4.91 EPS for the current fiscal year.

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb said it will report second-quarter 2026 results after the market closes on August 6, giving investors a clear upcoming catalyst that could reset expectations. Airbnb to Announce Second Quarter 2026 Results
• Positive Sentiment: Airbnb’s recent business commentary remains constructive, with analysts and market watchers highlighting strong gross bookings and arguing the company’s growth story is still intact. Airbnb’s $90 Billion Growth Story Is Far From Peaking
• Neutral Sentiment: Recent insider sales by directors and executives, including Joseph Gebbia, Nathan Blecharczyk, and CFO Elinor Mertz, may weigh on sentiment, but these trades were relatively small versus their remaining holdings and do not by themselves indicate a change in fundamentals. Insider Selling: Airbnb (NASDAQ:ABNB) Insider Sells $2,020,057.55 in Stock
• Neutral Sentiment: Airbnb also announced its earnings date through PR Newswire, reinforcing that investors are now focused on the upcoming report rather than any new operational surprise. Airbnb to Announce Second Quarter 2026 Results
• Negative Sentiment: ABNB fell in the prior session as travel and consumer discretionary stocks weakened in a risk-off move tied to higher oil prices and geopolitical tension, showing the stock is still sensitive to macro sentiment. Expedia, Booking, and Airbnb Shares Plummet, What You Need To Know

Airbnb Profile

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.