Brueske Advisory Services LLC Makes New $255,000 Investment in Booking Holdings Inc. $BKNG

Brueske Advisory Services LLC bought a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG) during the second quarter, HoldingsChannel.com reports. The firm bought 44 shares of the business services provider’s stock, valued at approximately $255,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Wetzel Investment Advisors Inc. acquired a new stake in Booking during the 2nd quarter worth approximately $214,000. Truist Financial Corp lifted its holdings in Booking by 2.8% during the 2nd quarter. Truist Financial Corp now owns 31,312 shares of the business services provider’s stock worth $181,272,000 after buying an additional 851 shares in the last quarter. Broadway Wealth Solutions Inc. lifted its holdings in Booking by 4.5% during the 2nd quarter. Broadway Wealth Solutions Inc. now owns 70 shares of the business services provider’s stock worth $406,000 after buying an additional 3 shares in the last quarter. Chicago Capital LLC lifted its holdings in Booking by 19.1% during the 2nd quarter. Chicago Capital LLC now owns 280 shares of the business services provider’s stock worth $1,620,000 after buying an additional 45 shares in the last quarter. Finally, One Wealth Advisors LLC lifted its holdings in Booking by 1.5% during the 2nd quarter. One Wealth Advisors LLC now owns 418 shares of the business services provider’s stock worth $2,420,000 after buying an additional 6 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Booking

In other Booking news, Director Vanessa Ames Wittman sold 15 shares of the firm’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $5,500.00, for a total transaction of $82,500.00. Following the transaction, the director directly owned 747 shares of the company’s stock, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Larry Quinlan sold 64 shares of the firm’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $5,587.11, for a total transaction of $357,575.04. Following the transaction, the director directly owned 195 shares in the company, valued at $1,089,486.45. The trade was a 24.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,195 shares of company stock valued at $23,467,630 in the last ninety days. Insiders own 0.16% of the company’s stock.

Booking Price Performance

NASDAQ BKNG opened at $5,399.27 on Wednesday. The firm’s fifty day moving average price is $5,541.46 and its 200 day moving average price is $5,284.60. The company has a market capitalization of $174.99 billion, a price-to-earnings ratio of 37.55, a price-to-earnings-growth ratio of 1.57 and a beta of 1.39. Booking Holdings Inc. has a 12 month low of $4,060.98 and a 12 month high of $5,839.41.

Booking (NASDAQ:BKNG) last posted its earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating analysts’ consensus estimates of $50.32 by $5.08. The firm had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The company’s revenue was up 16.0% on a year-over-year basis. During the same period last year, the firm posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast 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. Investors of record on Friday, September 5th were given a $9.60 dividend. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, September 5th. Booking’s dividend payout ratio (DPR) is 26.71%.

Analyst Ratings Changes

BKNG has been the topic of a number of recent analyst reports. Cantor Fitzgerald reissued a “neutral” rating on shares of Booking in a research report on Wednesday, July 30th. Susquehanna increased their price objective on shares of Booking from $6,000.00 to $6,500.00 and gave the company a “positive” rating in a research report on Friday, August 1st. DA Davidson increased their price objective on shares of Booking from $5,750.00 to $6,500.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Erste Group Bank raised shares of Booking from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $6,000.00 price objective (up from $5,700.00) on shares of Booking in a research report on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, Booking has an average rating of “Moderate Buy” and an average price target of $5,807.89.

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.