Flossbach Von Storch SE cut its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 22.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,361 shares of the business services provider’s stock after selling 3,649 shares during the period. Flossbach Von Storch SE’s holdings in Booking were worth $66,740,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in shares of Booking during the 2nd quarter valued at $2,210,917,000. Laurel Wealth Advisors LLC boosted its position in Booking by 578,824.0% during the second quarter. Laurel Wealth Advisors LLC now owns 289,462 shares of the business services provider’s stock valued at $1,675,765,000 after purchasing an additional 289,412 shares during the last quarter. Vestor Capital LLC grew its stake in Booking by 658,925.0% in the second quarter. Vestor Capital LLC now owns 105,444 shares of the business services provider’s stock valued at $610,441,000 after purchasing an additional 105,428 shares in the last quarter. Symphony Financial Ltd. Co. acquired a new position in Booking in the 2nd quarter worth about $536,675,000. Finally, Rakuten Investment Management Inc. purchased a new stake in shares of Booking during the 3rd quarter worth about $468,252,000. Institutional investors and hedge funds own 92.42% of the company’s stock.
Wall Street Analyst Weigh In
BKNG has been the subject of several recent research reports. Seaport Research Partners boosted their price target on Booking from $6,030.00 to $6,260.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. UBS Group set a $6,806.00 target price on shares of Booking and gave the company a “buy” rating in a research note on Wednesday, October 29th. The Goldman Sachs Group reissued a “neutral” rating and issued a $5,920.00 target price on shares of Booking in a research report on Tuesday. HSBC raised their price target on shares of Booking from $7,447.00 to $7,656.00 and gave the company a “buy” rating in a report on Friday, January 9th. Finally, Jefferies Financial Group decreased their price objective on shares of Booking from $5,800.00 to $5,600.00 and set a “hold” rating for the company in a report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $6,205.88.
Insiders Place Their Bets
In related news, insider Paulo Pisano sold 200 shares of the business’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $5,000.00, for a total transaction of $1,000,000.00. Following the completion of the transaction, the insider owned 1,514 shares of the company’s stock, valued at approximately $7,570,000. The trade was a 11.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert J. Mylod, Jr. sold 40 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $5,000.00, for a total value of $200,000.00. Following the sale, the director owned 960 shares of the company’s stock, valued at approximately $4,800,000. The trade was a 4.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 3,324 shares of company stock valued at $17,190,323. Company insiders own 0.16% of the company’s stock.
Booking News Summary
Here are the key news stories impacting Booking this week:
- Positive Sentiment: KAYAK for Business launched a new “Events” feature to simplify planning and managing corporate event travel at scale — a product expansion that can deepen corporate adoption and increase wallet share from enterprise accounts. KAYAK for Business Events
- Positive Sentiment: OpenTable released consumer research showing broadened dining demand (Gen‑Z driving more inclusive celebrations), which supports reservation trends and restaurant bookings through Booking’s OpenTable business — a small demand signal for travel & dining revenue. OpenTable Valentine’s Day Research
- Neutral Sentiment: Zacks flagged BKNG as a “trending” stock among its users — increased attention can amplify short-term volatility but is not a standalone financial catalyst. Zacks Trending Stock Note
- Neutral Sentiment: Recent short-interest data reported in the feed is internally inconsistent (shows 0 shares / NaN changes and a 0.0 days ratio). The noisy / unreliable short-interest reporting likely reflects a data issue rather than a material change in bearish positioning; investors should monitor corrected filings for clarity.
- Negative Sentiment: Market commentary noted BKNG fell more than the broader market in the latest session, reflecting sentiment-driven selling rather than new fundamental weakness — this relative underperformance can pressure the share price near technical levels (below the 50- and 200-day SMAs). Zacks Market Drop Note
Booking Trading Down 1.3%
NASDAQ BKNG opened at $5,085.22 on Thursday. Booking Holdings Inc. has a 1 year low of $4,096.23 and a 1 year high of $5,839.41. The company has a fifty day simple moving average of $5,212.37 and a 200 day simple moving average of $5,325.01. The company has a market cap of $163.90 billion, a P/E ratio of 33.05, a P/E/G ratio of 1.12 and a beta of 1.23.
Booking (NASDAQ:BKNG – Get Free Report) last announced its earnings results on Tuesday, October 28th. The business services provider reported $99.50 EPS for the quarter, topping the consensus estimate of $95.56 by $3.94. Booking had a net margin of 19.37% and a negative return on equity of 134.86%. The firm had revenue of $9.01 billion for the quarter, compared to the consensus estimate of $8.71 billion. During the same quarter last year, the firm posted $83.39 EPS. The business’s quarterly revenue was up 12.7% on a year-over-year basis. Equities research analysts forecast that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.
Booking 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.
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