16,155 Shares in Booking Holdings Inc. $BKNG Purchased by Strategic Global Advisors LLC

Strategic Global Advisors LLC acquired a new position in Booking Holdings Inc. (NASDAQ:BKNG) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,155 shares of the business services provider’s stock, valued at approximately $2,879,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Benjamin Edwards Inc. boosted its position in shares of Booking by 1.7% in the 2nd quarter. Benjamin Edwards Inc. now owns 121 shares of the business services provider’s stock worth $700,000 after purchasing an additional 2 shares in the last quarter. Mutual Advisors LLC raised its stake in Booking by 1.2% during the fourth quarter. Mutual Advisors LLC now owns 246 shares of the business services provider’s stock valued at $1,317,000 after buying an additional 3 shares during the last quarter. Avidian Wealth Enterprises LLC raised its stake in Booking by 3.2% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 97 shares of the business services provider’s stock valued at $518,000 after buying an additional 3 shares during the last quarter. Diversify Wealth Management LLC boosted its holdings in Booking by 7.1% in the fourth quarter. Diversify Wealth Management LLC now owns 45 shares of the business services provider’s stock worth $239,000 after acquiring an additional 3 shares in the last quarter. Finally, Radnor Capital Management LLC boosted its holdings in Booking by 0.6% in the fourth quarter. Radnor Capital Management LLC now owns 534 shares of the business services provider’s stock worth $2,860,000 after acquiring an additional 3 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Trading Down 2.3%

BKNG opened at $208.89 on Thursday. The company’s 50 day moving average is $190.88 and its 200 day moving average is $177.38. The company has a market cap of $156.96 billion, a price-to-earnings ratio of 23.12, a PEG ratio of 1.29 and a beta of 1.07. Booking Holdings Inc. has a 12-month low of $150.14 and a 12-month high of $227.72.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Monday, August 3rd. The business services provider reported $2.54 earnings per share for the quarter, topping the consensus estimate of $2.43 by $0.11. The business had revenue of $7.35 billion for the quarter, compared to the consensus estimate of $7.19 billion. Booking had a net margin of 25.53% and a negative return on equity of 102.96%. The company’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period last year, the firm earned $55.40 earnings per share. As a group, analysts predict that Booking Holdings Inc. will post 10.47 EPS for the current fiscal year.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 11th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, September 11th. Booking’s dividend payout ratio (DPR) is currently 18.58%.

Insider Buying and Selling

In related news, CFO Ewout L. Steenbergen sold 20,000 shares of Booking stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $211.03, for a total transaction of $4,220,600.00. Following the transaction, the chief financial officer directly owned 59,794 shares in the company, valued at approximately $12,618,327.82. The trade was a 25.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vanessa Ames Wittman sold 1,125 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $192.00, for a total value of $216,000.00. Following the completion of the transaction, the director directly owned 16,508 shares in the company, valued at $3,169,536. This trade represents a 6.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 77,550 shares of company stock valued at $16,112,304 over the last three months. 0.17% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on BKNG shares. BTIG Research restated a “buy” rating and set a $250.00 price target on shares of Booking in a report on Wednesday, August 5th. JPMorgan Chase & Co. dropped their price objective on Booking from $224.00 to $208.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 29th. Argus boosted their target price on Booking from $210.00 to $245.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Robert W. Baird set a $230.00 target price on shares of Booking in a research note on Wednesday, August 5th. Finally, Wedbush increased their price objective on shares of Booking from $211.00 to $247.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $236.45.

More Booking News

Here are the key news stories impacting Booking this week:

• Positive Sentiment: Analysts currently assign Booking Holdings an average “Moderate Buy” rating, indicating that Wall Street remains broadly optimistic about the company’s outlook. Booking Holdings Given Average Rating of Moderate Buy by Analysts
• Positive Sentiment: OpenTable, a Booking Holdings business, introduced more than 20 restaurant-focused product enhancements, including AI-powered search distribution, automation tools, and natural-language reporting. The rollout could strengthen OpenTable’s value proposition, improve restaurant engagement, and support longer-term growth in the company’s restaurant technology operations. OpenTable Launches New Product Features
• Neutral Sentiment: Chief Financial Officer Ewout Steenbergen will speak at the Goldman Sachs Communacopia + Technology Conference on September 9. The presentation could provide updated commentary on travel demand, margins, and strategy, but no new financial guidance was announced. Booking Holdings Goldman Sachs Conference Presentation
• Neutral Sentiment: CEO Glenn Fogel is scheduled to participate in a Citi Global TMT Conference session on September 8. The event may offer investors additional strategic insight, but the announcement itself has no immediate earnings impact. Booking Holdings Citi Conference Presentation
• Neutral Sentiment: A report discusses whether Wall Street is bullish or bearish on BKNG, highlighting the importance of analyst expectations and valuation in current trading. The headline alone does not establish a specific change in consensus. Booking Holdings Stock: Is Wall Street Bullish or Bearish?
• Negative Sentiment: Booking’s recent pullback may indicate investor caution after a substantial advance, particularly as valuation and the sustainability of travel-demand growth remain key considerations. The reported short-interest data showed zero shares and therefore provides no meaningful evidence of bearish short positioning.

Booking Company Profile

Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company’s businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.

Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.