Wedbush Downgrades Airbnb: Shift in Market Sentiment

Fintel reports that on May 2, 2025, Wedbush downgraded their outlook for Airbnb (BMV:ABNB) from Outperform to Neutral.

Institutional Shareholder Activities

Edgewood Management holds 12,526K shares, which represents 2.89% ownership of the company. In its previous filing, the firm reported owning 13,582K shares, indicating a decrease of 8.43%. However, Edgewood increased its portfolio allocation in ABNB by 1.72% over the last quarter.

VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 12,414K shares, corresponding to 2.87% ownership. Previously, the firm reported holding 12,549K shares, reflecting a decrease of 1.09%. This firm also expanded its portfolio allocation in ABNB by 1.02% over the last quarter.

VFINX – Vanguard 500 Index Fund Investor Shares maintains 11,719K shares, making up 2.71% ownership of the company. In its last filing, the firm reported owning 11,524K shares, showing an increase of 1.66%. Nonetheless, VFINX decreased its portfolio allocation in ABNB by 0.31% over the last quarter.

Capital World Investors holds 10,967K shares, representing 2.53% ownership. Their previous report noted ownership of 14,005K shares, which marks a decrease of 27.70%. The firm reduced its portfolio allocation in ABNB by 20.54% over the last quarter.

Jennison Associates has 10,026K shares, accounting for 2.32% ownership. Their earlier filing indicated they owned 10,816K shares, which is a decrease of 7.88%. The firm’s portfolio allocation in ABNB significantly fell by 50.13% over the last quarter.

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