Booking Holdings Inc. $BKNG Shares Acquired by Valley National Advisers Inc.

Valley National Advisers Inc. lifted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 77.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 32 shares of the business services provider’s stock after purchasing an additional 14 shares during the period. Valley National Advisers Inc.’s holdings in Booking were worth $187,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in shares of Booking by 34.9% during the fourth quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock worth $1,249,000 after buying an additional 65 shares during the period. Revolve Wealth Partners LLC acquired a new position in Booking during the 4th quarter worth approximately $209,000. Rockingstone Advisors LLC grew its holdings in Booking by 22.2% during the 1st quarter. Rockingstone Advisors LLC now owns 165 shares of the business services provider’s stock worth $760,000 after acquiring an additional 30 shares in the last quarter. Miracle Mile Advisors LLC increased its position in shares of Booking by 16.1% in the 1st quarter. Miracle Mile Advisors LLC now owns 404 shares of the business services provider’s stock valued at $1,860,000 after purchasing an additional 56 shares during the last quarter. Finally, OLD National Bancorp IN raised its holdings in shares of Booking by 21.9% in the 1st quarter. OLD National Bancorp IN now owns 195 shares of the business services provider’s stock valued at $898,000 after purchasing an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Insider Transactions at Booking

In related news, Director Vanessa Ames Wittman sold 15 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total transaction of $82,500.00. Following the completion of the sale, the director directly owned 747 shares of the company’s stock, valued at $4,108,500. This trade represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the completion of the sale, the director directly owned 131 shares in the company, valued at approximately $722,045.80. The trade was a 32.82% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,195 shares of company stock worth $23,467,630 over the last 90 days. 0.16% of the stock is currently owned by insiders.

Booking Price Performance

Shares of Booking stock opened at $5,419.87 on Tuesday. The firm’s fifty day simple moving average is $5,519.78 and its 200-day simple moving average is $5,313.02. Booking Holdings Inc. has a 12 month low of $4,096.23 and a 12 month high of $5,839.41. The stock has a market capitalization of $175.66 billion, a price-to-earnings ratio of 37.69, a PEG ratio of 1.56 and a beta of 1.35.

Booking (NASDAQ:BKNG) last issued its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $50.32 by $5.08. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The company had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $6.54 billion. During the same period last year, the firm posted $41.90 EPS. Booking’s revenue for the quarter was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. Analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th were issued a $9.60 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. Booking’s payout ratio is presently 26.71%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Evercore ISI boosted their target price on shares of Booking from $5,500.00 to $6,250.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Mizuho began coverage on Booking in a report on Monday, September 29th. They issued a “neutral” rating and a $5,975.00 price objective on the stock. Citigroup boosted their target price on Booking from $5,560.00 to $6,500.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Bank of America upped their price target on Booking from $5,820.00 to $5,850.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Finally, DA Davidson raised their price objective on shares of Booking from $5,750.00 to $6,500.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $5,808.81.

Booking Profile

Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.