Whipplewood Advisors LLC Lowers Position in Booking Holdings Inc. $BKNG

Whipplewood Advisors LLC cut its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 96.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12 shares of the business services provider’s stock after selling 299 shares during the period. Whipplewood Advisors LLC’s holdings in Booking were worth $69,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of BKNG. Wealth Preservation Advisors LLC bought a new stake in Booking during the first quarter valued at about $28,000. Atwood & Palmer Inc. bought a new stake in Booking during the second quarter valued at about $29,000. Keystone Global Partners LLC bought a new stake in Booking during the first quarter valued at about $32,000. O Brien Wealth Partners LLC bought a new stake in Booking during the second quarter valued at about $35,000. Finally, First PREMIER Bank raised its holdings in Booking by 100.0% during the second quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock valued at $35,000 after acquiring an additional 3 shares during the period. 92.42% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the completion of the transaction, the chief executive officer owned 23,607 shares in the company, valued at approximately $130,237,930.44. This trade represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction dated 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 transaction, the director owned 131 shares of the company’s stock, valued at approximately $722,045.80. This represents a 32.82% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,197 shares of company stock worth $17,260,963. Corporate insiders own 0.16% of the company’s stock.

Analyst Upgrades and Downgrades

BKNG has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft raised their price target on Booking from $6,723.00 to $6,790.00 and gave the company a “buy” rating in a report on Tuesday, October 21st. BMO Capital Markets reissued an “outperform” rating and set a $6,000.00 price target (up from $5,700.00) on shares of Booking in a report on Wednesday, July 30th. Citigroup lifted their target price on Booking from $5,560.00 to $6,500.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. Morgan Stanley set a $5,650.00 target price on Booking and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. Finally, Royal Bank Of Canada lifted their target price on Booking from $5,900.00 to $6,100.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Booking has a consensus rating of “Moderate Buy” and a consensus target price of $6,010.41.

Booking Trading Up 1.0%

BKNG opened at $5,146.16 on Monday. The firm has a market cap of $166.79 billion, a P/E ratio of 35.79, a P/E/G ratio of 1.59 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. The stock has a 50-day moving average of $5,432.78 and a 200 day moving average of $5,374.01.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, topping the consensus estimate of $50.32 by $5.08. The company had revenue of $6.80 billion during the quarter, compared to analyst estimates of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The firm’s revenue was up 16.0% on a year-over-year basis. During the same quarter last year, the business posted $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

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.