Truist Securities Downgrades Airbnb Outlook to Sell
On May 30, 2025, Truist Securities downgraded Airbnb’s (BMV:ABNB) outlook from Hold to Sell.
Institutional Shareholder Activity
Vanguard Total Stock Market Index Fund (VTSMX) now holds 12,504K shares, a 10.83% ownership stake. This is a slight increase from the previous 12,414K shares, marking a 0.72% growth despite a 4.48% decrease in ABNB allocation over the last quarter.
Vanguard 500 Index Fund (VFINX) has increased its holdings to 12,028K shares, representing 10.41% ownership, up from 11,719K shares—an increase of 2.57%. The firm reduced its portfolio allocation in ABNB by 4.72% in the last quarter.
Edgewood Management holds 11,486K shares, constituting 9.94% ownership. Previously, it owned 12,526K shares, indicating a decrease of 9.05%, though it increased its allocation in ABNB by 1.09% recently.
Harris Associates L P has significantly increased its shareholding to 9,945K, representing 8.61% ownership, up from 5,347K shares—a 46.24% increase. The firm expanded its ABNB allocation by 67.02% over the last quarter.
Geode Capital Management currently holds 9,797K shares for an 8.48% ownership stake. This reflects an increase from 9,473K shares, up by 3.31%, yet the allocation in ABNB decreased by 49.52% over the last quarter.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.