Morningstar Investment Management LLC Trims Holdings in Airbnb, Inc. $ABNB

Posted by Shane Hupp on May 25th, 2026

Morningstar Investment Management LLC trimmed its position in Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 54.5% in the 4th quarter, HoldingsChannel reports. The fund owned 32,380 shares of the company’s stock after selling 38,776 shares during the quarter. Morningstar Investment Management LLC’s holdings in Airbnb were worth $4,395,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ABNB. Sumitomo Life Insurance Co. boosted its stake in Airbnb by 15.0% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 66,071 shares of the company’s stock worth $8,022,000 after purchasing an additional 8,636 shares during the period. National Pension Service boosted its stake in Airbnb by 1.1% in the 3rd quarter. National Pension Service now owns 1,096,411 shares of the company’s stock worth $133,126,000 after purchasing an additional 12,453 shares during the period. Syntax Research Inc. bought a new position in Airbnb in the 3rd quarter worth approximately $1,865,000. Merit Financial Group LLC boosted its stake in Airbnb by 72.1% in the 4th quarter. Merit Financial Group LLC now owns 32,994 shares of the company’s stock worth $4,478,000 after purchasing an additional 13,818 shares during the period. Finally, Markel Group Inc. boosted its stake in Airbnb by 7.1% in the 3rd quarter. Markel Group Inc. now owns 227,133 shares of the company’s stock worth $27,578,000 after purchasing an additional 15,130 shares during the period. 80.76% of the stock is owned by hedge funds and other institutional investors.

Airbnb Price Performance

Shares of ABNB opened at $132.35 on Monday. The company has a market cap of $79.77 billion, a PE ratio of 32.60, a P/E/G ratio of 1.42 and a beta of 1.20. The business has a fifty day moving average of $133.54 and a 200 day moving average of $129.85. Airbnb, Inc. has a 52-week low of $110.81 and a 52-week high of $147.25. 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 (NASDAQ:ABNB – Get Free Report) last issued 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). Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter in the prior year, the business earned $0.24 earnings per share. The firm’s quarterly revenue was up 17.9% compared to the same quarter last year. On average, sell-side analysts expect that Airbnb, Inc. will post 4.91 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. B. Riley Financial reiterated a “buy” rating on shares of Airbnb in a research report on Friday, May 8th. Rodman & Renshaw assumed coverage on Airbnb in a research report on Monday, May 4th. They set a “buy” rating for the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $170.00 target price on shares of Airbnb in a research report on Friday, May 8th. Truist Financial upgraded Airbnb from a “sell” rating to a “hold” rating and increased their target price for the company from $107.00 to $129.00 in a research report on Thursday, March 26th. Finally, Oppenheimer upgraded Airbnb from a “market perform” rating to an “outperform” rating and set a $180.00 target price for the company in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $157.67.

Read Our Latest Stock Report on Airbnb

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

Positive Sentiment: Airbnb is expanding beyond home rentals into boutique hotels, car rentals, airport and train pickups, luggage storage, grocery delivery through Instacart, and FIFA World Cup-related experiences. Investors may see this as a way to open new revenue streams and boost app engagement. Airbnb to add grocery delivery and car rentals ahead of World Cup
Positive Sentiment: The company is also adding AI-powered travel tools and AI support features, which could improve efficiency and make the platform more attractive to travelers and hosts. Airbnb may have a front seat for the new AI-dominated world
Neutral Sentiment: Analysts continue to frame the strategy shift as Airbnb trying to become an “Amazon for services,” but investors still need evidence that the new offerings will lift profits rather than just add complexity. Should Airbnb’s One-Stop Travel Pivot Reshape How ABNB Investors View Its Core Platform Strategy?
Neutral Sentiment: Airbnb is also getting attention ahead of the 2026 World Cup, which could lift travel demand, but some coverage notes booking trends are still uneven across host cities. Wall Street Breakfast Podcast: Summer Travel Meets FIFA Fever
Negative Sentiment: New EU short-term-rental transparency rules are raising regulatory risk and could increase compliance costs in a key market, weighing on sentiment toward Airbnb’s core business. Airbnb expands into hotels, cars, groceries
Negative Sentiment: Recent insider sales, including director Joseph Gebbia’s large share sale and Chief Strategy Officer Nathan Blecharczyk’s smaller sale, are also pressuring sentiment. SEC filing for Joseph Gebbia transaction

Insider Activity

In other news, Director Joseph Gebbia sold 58,000 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $140.37, for a total transaction of $8,141,460.00. Following the transaction, the director owned 54,015 shares in the company, valued at approximately $7,582,085.55. This trade represents a 51.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Nathan Blecharczyk sold 60,136 shares of Airbnb stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $145.70, for a total value of $8,761,815.20. Following the completion of the transaction, the insider owned 11,920 shares in the company, valued at $1,736,744. This trade represents a 83.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 454,317 shares of company stock worth $62,219,594. Company insiders own 27.21% of the company’s stock.

Airbnb Profile

(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.