Booking (NASDAQ:BKNG) Director Vanessa Ames Wittman Sells 15 Shares of Stock

Booking Holdings Inc. (NASDAQ:BKNG) Director Vanessa Ames Wittman sold 15 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $5,030.00, for a total value of $75,450.00. Following the completion of the transaction, the director owned 717 shares of the company’s stock, valued at $3,606,510. This trade represents a 2.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Vanessa Ames Wittman also recently made the following trade(s):

• On Wednesday, October 15th, Vanessa Ames Wittman sold 15 shares of Booking stock. The stock was sold at an average price of $5,291.98, for a total transaction of $79,379.70.
• On Monday, September 15th, Vanessa Ames Wittman sold 15 shares of Booking stock. The stock was sold at an average price of $5,500.00, for a total transaction of $82,500.00.

Booking Trading Down 0.9%

Shares of BKNG stock traded down $43.09 during trading hours on Thursday, hitting $4,647.69. 68,023 shares of the company were exchanged, compared to its average volume of 245,840. The stock has a market capitalization of $149.81 billion, a price-to-earnings ratio of 30.21, a P/E/G ratio of 1.57 and a beta of 1.34. The firm has a fifty day simple moving average of $5,214.95 and a 200 day simple moving average of $5,407.41. Booking Holdings Inc. has a 52-week low of $4,096.23 and a 52-week high of $5,839.41.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Tuesday, October 28th. The business services provider reported $99.50 earnings per share for the quarter, beating the consensus estimate of $95.56 by $3.94. The business had revenue of $9.01 billion during the quarter, compared to analyst estimates of $8.71 billion. Booking had a negative return on equity of 134.86% and a net margin of 19.37%.Booking’s revenue was up 12.7% compared to the same quarter last year. During the same period in the prior year, the company earned $83.39 earnings per share. Booking has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 5th will be paid a $9.60 dividend. This represents a $38.40 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, December 5th. Booking’s payout ratio is currently 24.96%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BKNG. Atwood & Palmer Inc. purchased a new position in Booking during the second quarter worth about $29,000. Westside Investment Management Inc. raised its holdings in shares of Booking by 400.0% in the 2nd quarter. Westside Investment Management Inc. now owns 5 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 4 shares in the last quarter. Halbert Hargrove Global Advisors LLC boosted its position in shares of Booking by 150.0% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 5 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 3 shares during the last quarter. Guerra Advisors Inc purchased a new position in shares of Booking during the third quarter worth about $27,000. Finally, Strive Asset Management LLC bought a new position in shares of Booking in the 3rd quarter worth $27,000. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

BKNG has been the subject of a number of research reports. Wells Fargo & Company increased their target price on shares of Booking from $5,443.00 to $5,523.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 29th. Rothschild & Co Redburn upped their price target on shares of Booking from $6,250.00 to $6,400.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Citigroup reiterated a “market outperform” rating on shares of Booking in a research note on Wednesday, October 29th. Morgan Stanley set a $6,150.00 target price on shares of Booking in a report on Wednesday, October 29th. Finally, Cantor Fitzgerald cut their price target on Booking from $5,590.00 to $5,550.00 and set a “neutral” rating for the company in a report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Booking has a consensus rating of “Moderate Buy” and an average price target of $6,139.21.

Booking Company 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.