Integrity Wealth Solutions LLC Invests $209,000 in Booking Holdings Inc. $BKNG

Integrity Wealth Solutions LLC acquired a new position in Booking Holdings Inc. (NASDAQ:BKNG) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 36 shares of the business services provider’s stock, valued at approximately $209,000.

Several other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC raised its position in Booking by 34.9% during the fourth quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock valued at $1,249,000 after acquiring an additional 65 shares in the last quarter. Revolve Wealth Partners LLC purchased a new position in Booking during the fourth quarter valued at approximately $209,000. Capital Investment Advisory Services LLC raised its position in Booking by 9.5% during the first quarter. Capital Investment Advisory Services LLC now owns 81 shares of the business services provider’s stock valued at $373,000 after acquiring an additional 7 shares in the last quarter. Concurrent Investment Advisors LLC raised its position in Booking by 76.3% during the first quarter. Concurrent Investment Advisors LLC now owns 245 shares of the business services provider’s stock valued at $1,129,000 after acquiring an additional 106 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Booking by 5.6% during the first quarter. Envestnet Asset Management Inc. now owns 55,957 shares of the business services provider’s stock valued at $257,787,000 after acquiring an additional 2,980 shares in the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on BKNG shares. Evercore ISI lifted their price target on Booking from $5,500.00 to $6,250.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. KeyCorp lifted their price target on Booking from $6,450.00 to $6,630.00 and gave the company an “overweight” rating in a research report on Wednesday, October 29th. Citigroup reiterated a “market outperform” rating on shares of Booking in a research report on Wednesday, October 29th. Bank of America boosted their price objective on Booking from $5,820.00 to $5,850.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. Finally, Benchmark boosted their price objective on Booking from $6,200.00 to $6,400.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and an average price target of $6,121.23.

Booking Price Performance

Booking stock opened at $4,991.76 on Wednesday. The business has a 50 day simple moving average of $5,353.47 and a 200-day simple moving average of $5,405.35. The stock has a market capitalization of $160.90 billion, a PE ratio of 32.44, a price-to-earnings-growth ratio of 1.57 and a beta of 1.35. Booking Holdings Inc. has a 12 month low of $4,096.23 and a 12 month high of $5,839.41.

Booking (NASDAQ:BKNG) last issued its quarterly earnings results on Tuesday, October 28th. The business services provider reported $99.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $95.56 by $3.94. The firm had revenue of $9.01 billion for 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%.The business’s revenue was up 12.7% on a year-over-year basis. During the same period in the previous year, the company posted $83.39 earnings per share. Booking has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities research analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Dividend Announcement

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

Insider Transactions at Booking

In other news, CEO Glenn D. Fogel sold 625 shares of Booking stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $5,141.53, for a total value of $3,213,456.25. Following the sale, the chief executive officer directly owned 22,982 shares of the company’s stock, valued at $118,162,642.46. The trade was a 2.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total value of $352,755.20. Following the completion of the sale, the director directly owned 131 shares in the company, valued at $722,045.80. This represents a 32.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,197 shares of company stock valued at $17,260,963 over the last ninety days. Insiders own 0.16% of the company’s stock.

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.