Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated lifted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 1.9% in the fourth quarter, Holdings Channel reports. The firm owned 164 shares of the business services provider’s stock after acquiring an additional 3 shares during the period. Silver Oak Securities Incorporated’s holdings in Booking were worth $582,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Activest Wealth Management acquired a new stake in Booking during the 4th quarter worth approximately $25,000. Naples Money Management LLC acquired a new stake in Booking during the 4th quarter worth approximately $25,000. Valued Wealth Advisors LLC acquired a new stake in Booking during the 4th quarter worth approximately $28,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Booking during the 4th quarter worth approximately $28,000. Finally, Bourgeon Capital Management LLC acquired a new stake in Booking during the 4th quarter worth approximately $28,000. 92.42% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Booking

In other news, Director Radakovich Lynn Vojvodich sold 59 shares of the company’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $3,700.00, for a total value of $218,300.00. Following the completion of the sale, the director now owns 289 shares of the company’s stock, valued at $1,069,300. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, Director Radakovich Lynn Vojvodich sold 59 shares of the business’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $3,700.00, for a total value of $218,300.00. Following the transaction, the director now owns 289 shares in the company, valued at $1,069,300. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Paulo Pisano sold 300 shares of the business’s stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $3,485.00, for a total value of $1,045,500.00. Following the completion of the transaction, the insider now owns 4,233 shares in the company, valued at approximately $14,752,005. The disclosure for this sale can be found here. Insiders sold 5,461 shares of company stock valued at $18,815,825 over the last quarter. Company insiders own 0.15% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on BKNG. Seaport Res Ptn reaffirmed a “buy” rating on shares of Booking in a research report on Tuesday, February 20th. Erste Group Bank reissued a “hold” rating on shares of Booking in a research note on Wednesday, March 13th. The Goldman Sachs Group increased their target price on Booking from $3,080.00 to $3,610.00 and gave the stock a “neutral” rating in a research note on Friday, January 19th. UBS Group increased their target price on Booking from $4,000.00 to $4,200.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Finally, JMP Securities increased their target price on Booking from $3,600.00 to $3,950.00 and gave the stock a “market outperform” rating in a research note on Monday, February 26th. Seven investment analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $3,723.41.

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $3,514.80 on Tuesday. Booking Holdings Inc. has a one year low of $2,456.93 and a one year high of $3,918.00. The business’s fifty day moving average price is $3,543.07 and its two-hundred day moving average price is $3,391.38. The stock has a market cap of $119.57 billion, a PE ratio of 29.79, a price-to-earnings-growth ratio of 1.07 and a beta of 1.40.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Thursday, February 22nd. The business services provider reported $32.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $29.72 by $2.28. Booking had a negative return on equity of 751.49% and a net margin of 20.08%. The firm had revenue of $4.78 billion during the quarter, compared to the consensus estimate of $4.71 billion. During the same quarter in the previous year, the business earned $24.74 earnings per share. The firm’s quarterly revenue was up 18.2% compared to the same quarter last year. As a group, equities research analysts predict that Booking Holdings Inc. will post 176.1 earnings per share for the current fiscal year.

Booking Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 8th were given a $8.75 dividend. This represents a $35.00 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend was Thursday, March 7th. Booking’s payout ratio is 29.67%.

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.