Hudson Value Partners LLC Sells 15 Shares of Booking Holdings Inc. $BKNG

Hudson Value Partners LLC lessened its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 5.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 266 shares of the business services provider’s stock after selling 15 shares during the quarter. Hudson Value Partners LLC’s holdings in Booking were worth $1,540,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Precision Wealth Strategies LLC grew its holdings in shares of Booking by 8.8% in the 2nd quarter. Precision Wealth Strategies LLC now owns 629 shares of the business services provider’s stock worth $3,642,000 after purchasing an additional 51 shares during the last quarter. QTR Family Wealth LLC bought a new stake in shares of Booking in the 2nd quarter worth about $208,000. Ninety One North America Inc. grew its holdings in shares of Booking by 42.9% in the 2nd quarter. Ninety One North America Inc. now owns 15,729 shares of the business services provider’s stock worth $91,059,000 after purchasing an additional 4,723 shares during the last quarter. Ninety One SA PTY Ltd grew its holdings in shares of Booking by 0.5% in the 2nd quarter. Ninety One SA PTY Ltd now owns 4,450 shares of the business services provider’s stock worth $25,526,000 after purchasing an additional 21 shares during the last quarter. Finally, Ninety One UK Ltd grew its holdings in shares of Booking by 1.1% in the 2nd quarter. Ninety One UK Ltd now owns 218,016 shares of the business services provider’s stock worth $1,262,147,000 after purchasing an additional 2,418 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Morgan Stanley set a $5,650.00 target price on shares of Booking and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. upped their target price on shares of Booking from $5,360.00 to $6,000.00 and gave the stock an “overweight” rating in a report on Wednesday, June 4th. Benchmark reaffirmed a “buy” rating and issued a $6,200.00 target price (up previously from $6,000.00) on shares of Booking in a report on Wednesday, July 30th. Barclays upped their target price on shares of Booking from $5,700.00 to $6,000.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. Finally, Evercore ISI upped their target price on shares of Booking from $5,500.00 to $6,250.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $5,807.89.

Booking Price Performance

Booking stock opened at $5,350.56 on Thursday. The company’s 50 day simple moving average is $5,533.75 and its 200 day simple moving average is $5,285.05. Booking Holdings Inc. has a fifty-two week low of $4,060.98 and a fifty-two week high of $5,839.41. The firm has a market capitalization of $173.41 billion, a price-to-earnings ratio of 37.21, a PEG ratio of 1.56 and a beta of 1.35.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share 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 business had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.54 billion. During the same quarter last year, the firm earned $41.90 EPS. Booking’s quarterly revenue was up 16.0% compared to the same quarter last year. Booking has set its Q3 2025 guidance at EPS. As a group, analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were paid a dividend of $9.60 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 annualized dividend and a yield of 0.7%. Booking’s dividend payout ratio (DPR) is presently 26.71%.

Insider Buying and Selling

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $5,516.92, for a total transaction of $5,588,639.96. Following the sale, the chief executive officer directly owned 23,607 shares in the company, valued at approximately $130,237,930.44. This trade represents a 4.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction that occurred 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 completion of the transaction, the director directly owned 747 shares in the company, valued at approximately $4,108,500. The trade was a 1.97% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 4,195 shares of company stock valued at $23,467,630. 0.16% of the stock is owned by corporate insiders.

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.