Metlife Investment Management Reduces $667K in Airbnb, Inc. ($ABNB)
Metlife Investment Management cut its Airbnb holdings by 4,733 shares, reflecting a 3.87% decrease.
Key Points
- Metlife Investment Management reduced its Airbnb stake by 4,733 shares, bringing its total to 117,724 shares valued at $16.58 million.
- Airbnb's stock trades near $140.86 with a market cap of $83.41 billion and a P/E ratio of 34.70.
- Insiders, including CEO Brian Chesky, sold shares recently, and analysts maintain varied ratings with price targets ranging from $125 to $175.
Metlife Investment Management has trimmed its holdings in Airbnb, Inc. (NasdaqGS: ABNB) by 4,733 shares, according to the latest 13F filing with the SEC. This reduction brings its total position to 117,724 shares, valued at approximately $16.58 million as of the reporting period. The move represents a 3.87% decrease in its stake.
What Changed in Metlife Investment Management's Airbnb Position
Metlife Investment Management cut its Airbnb position from 122,457 to 117,724 shares, a reduction of 4,733 shares or about 3.87%. The value of the holdings stands at $16.58 million, reflecting the firm's decision to slightly reduce its exposure to the travel services company.
Other Institutional Activity in Airbnb
In the same period, other major institutional investors made moves in Airbnb. BlackRock, Inc. added 438,601 shares, increasing its total to 31,943,327 shares worth around $4.03 billion. Vanguard Capital Management LLC maintained its position at 26,133,940 shares, valued at $3.30 billion. Harris Associates L.P. grew its holdings by 467,827 shares to 19,162,235 shares, valued at $2.42 billion. Conversely, State Street Corp reduced its stake by 189,352 shares to a total of 17,733,208 shares, valued at $2.24 billion. Morgan Stanley significantly cut its position by 2,808,700 shares, leaving it with 10,426,161 shares worth about $1.32 billion.
Airbnb Stock Snapshot
Shares of Airbnb (NasdaqGS: ABNB) are trading around $140.86. The company has a market cap of $83.41 billion and a P/E ratio of 34.70, with a forward P/E of 23.18. Its beta is 1.159, indicating moderate volatility. The stock has seen a 52-week low of $110.81 and a high of $147.25. The 50-day moving average is $136.25, and the 200-day moving average is $129.08. Airbnb maintains a current ratio of 1.44 and a quick ratio of 0.75, with a debt-to-equity ratio of 33.19.
Recent Earnings
Airbnb reported revenue of $12.65 billion, reflecting a growth rate of 17.9%. The company posted an earnings per share (EPS) of $4.05, with a net margin of 19.90% and a return on equity (ROE) of 32.33%. The next earnings report is expected on August 5, 2026.
Insider Buying and Selling at Airbnb, Inc.
Recent insider transactions at Airbnb include planned sales by CEO Brian Chesky. On June 15, 2026, Chesky sold 30,743 shares at an average price of $138.40, and Joseph Gebbia sold 265,000 shares at $138.51. Chesky also executed several other planned sales in early June, totaling over 120,000 shares at prices ranging from $135.17 to $138.40.
Analysts Set New Price Targets
On June 15, 2026, Truist Securities maintained a hold rating on Airbnb with a $134 price target. Earlier, on June 5, CICC initiated coverage with a buy rating and a $165 target. DA Davidson, Barclays, UBS, and others have maintained their ratings, with price targets ranging from $125 to $175. The consensus recommendation is a buy, with a mean target price of $156.47 based on 37 analyst opinions.
About Airbnb, Inc.
Airbnb, Inc. operates a global platform for booking stays, experiences, and services. Founded in 2007 and headquartered in San Francisco, California, the company connects hosts and guests through its online marketplace. Led by CEO Brian Chesky, Airbnb has a workforce of about 8,200 employees. The platform also offers gift cards and has expanded its reach in the travel services industry.
Bottom Line
Metlife Investment Management's recent trimming of its Airbnb stake is part of regular portfolio adjustments. Investors often track such filings to gauge institutional sentiment, though they reflect past positions. Airbnb remains a significant player in the travel services sector, with strong earnings and varied analyst perspectives.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
