--- title: "Bank of New York Mellon Corp Purchases New Position in Airbnb, Inc. $ABNB" type: "News" locale: "en" url: "https://longbridge.com/en/news/296675423.md" description: "Bank of New York Mellon Corp acquired a new position in Airbnb (NASDAQ:ABNB) during Q2, purchasing 2,306,675 shares valued at approximately $330.1 million, according to its SEC Form 13F filing. This move adds to other institutional investors who also increased their stakes in the company during the quarter." datetime: "2026-08-22T07:24:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296675423.md) - [en](https://longbridge.com/en/news/296675423.md) - [zh-HK](https://longbridge.com/zh-HK/news/296675423.md) generator: "portal-rs" --- # Bank of New York Mellon Corp Purchases New Position in Airbnb, Inc. $ABNB Bank of New York Mellon Corp acquired a new position in shares of Airbnb, Inc. (NASDAQ:ABNB - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,306,675 shares of the company's stock, valued at approximately $330,085,000. Bank of New York Mellon Corp owned about 0.38% of Airbnb at the end of the most recent reporting period. - Why Flywire and Airbnb Could Be Quiet Winners of a Ceasefire A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. S&CO Inc. bought a new stake in Airbnb in the second quarter worth $8,923,000. Regent Peak Wealth Advisors LLC bought a new stake in Airbnb in the second quarter worth about $284,000. Family Wealth Partners LLC boosted its position in shares of Airbnb by 5.9% during the second quarter. Family Wealth Partners LLC now owns 2,324 shares of the company's stock valued at $333,000 after buying an additional 130 shares during the period. Tema ETFs LLC boosted its position in shares of Airbnb by 8.9% during the second quarter. Tema ETFs LLC now owns 7,062 shares of the company's stock valued at $1,011,000 after buying an additional 580 shares during the period. Finally, Chemistry Wealth Management LLC raised its holdings in shares of Airbnb by 3.8% in the second quarter. Chemistry Wealth Management LLC now owns 29,453 shares of the company's stock worth $4,215,000 after buying an additional 1,065 shares during the period. 80.76% of the stock is currently owned by hedge funds and other institutional investors. ## Wall Street Analysts Forecast Growth A number of equities analysts recently issued reports on the company. UBS Group boosted their price objective on Airbnb from $163.00 to $172.00 and gave the company a "neutral" rating in a report on Friday, August 7th. B. Riley Financial reiterated a "buy" rating on shares of Airbnb in a research report on Friday, August 7th. Citigroup raised their price objective on Airbnb from $175.00 to $193.00 and gave the stock a "buy" rating in a report on Friday, August 7th. Benchmark increased their price target on Airbnb from $160.00 to $180.00 and gave the stock a "buy" rating in a research report on Friday, August 7th. Finally, HC Wainwright upgraded Airbnb to a "buy" rating in a research note on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Airbnb currently has an average rating of "Moderate Buy" and a consensus target price of $172.00. - Trip.com’s Selloff Raises a Bigger Question About Its Travel Recovery Story **View Our Latest Analysis on ABNB** ## Airbnb Price Performance Shares of ABNB stock opened at $187.30 on Friday. Airbnb, Inc. has a fifty-two week low of $110.81 and a fifty-two week high of $189.20. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a market capitalization of $112.15 billion, a price-to-earnings ratio of 42.57, a PEG ratio of 2.14 and a beta of 1.14. The stock's 50-day simple moving average is $154.16 and its 200-day simple moving average is $139.50. - Uber's Annual Product Showcase Reveals It Is Coming for Airbnb and Booking Airbnb (NASDAQ:ABNB - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.26 by $0.11. Airbnb had a net margin of 20.45% and a return on equity of 33.38%. The company had revenue of $3.61 billion during the quarter, compared to analysts' expectations of $3.58 billion. During the same period last year, the business earned $1.03 EPS. Airbnb's revenue for the quarter was up 16.3% on a year-over-year basis. As a group, equities analysts forecast that Airbnb, Inc. will post 5.22 earnings per share for the current fiscal year. ## Insider Buying and Selling In other news, CEO Brian Chesky sold 265,746 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $132.22, for a total value 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 represents a 2.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joseph Gebbia sold 294,903 shares of Airbnb stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $148.43, for a total value of $43,772,452.29. Following the sale, the director directly owned 2,622,452 shares of the company's stock, valued at $389,250,550.36. This trade represents a 10.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,124,289 shares of company stock worth $461,988,389 in the last 90 days. Insiders own 27.21% of the company's stock. ## 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. ## Read More - Five stocks we like better than Airbnb - Blueprint for a Boom: SEC Clears the Crypto Runway - Ross Stores Just Flipped the Off-Price Retail Story After TJX's Marmaxx Miss - Advance Auto Parts Plunged, But Its Turnaround Is Still Working - Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? **Want to see what other hedge funds are holding ABNB?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Airbnb, Inc. (NASDAQ:ABNB - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Airbnb Right Now? Before you consider Airbnb, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Airbnb wasn't on the list. While Airbnb currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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