Quantum Capital Management LLC NJ Has $51.87 Million Stake in Booking Holdings Inc. $BKNG

Quantum Capital Management LLC NJ cut its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 22.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,259 shares of the business services provider’s stock after selling 3,245 shares during the period. Booking makes up approximately 5.4% of Quantum Capital Management LLC NJ’s investment portfolio, making the stock its 8th biggest position. Quantum Capital Management LLC NJ’s holdings in Booking were worth $51,869,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in BKNG. GAMMA Investing LLC boosted its holdings in shares of Booking by 521,609.7% in the first quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider’s stock valued at $10,887,718,000 after acquiring an additional 2,362,892 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in Booking by 1,411.9% during the first quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider’s stock worth $516,900,000 after buying an additional 104,780 shares in the last quarter. TD Asset Management Inc boosted its holdings in Booking by 182.2% during the first quarter. TD Asset Management Inc now owns 104,643 shares of the business services provider’s stock worth $482,081,000 after buying an additional 67,562 shares in the last quarter. Northern Trust Corp boosted its holdings in Booking by 18.8% during the fourth quarter. Northern Trust Corp now owns 368,628 shares of the business services provider’s stock worth $1,831,499,000 after buying an additional 58,357 shares in the last quarter. Finally, Voloridge Investment Management LLC boosted its holdings in Booking by 127.3% during the fourth quarter. Voloridge Investment Management LLC now owns 81,785 shares of the business services provider’s stock worth $406,342,000 after buying an additional 45,808 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on BKNG shares. Cantor Fitzgerald restated a “neutral” rating on shares of Booking in a report on Wednesday, July 30th. JPMorgan Chase & Co. raised 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. B. Riley restated a “buy” rating and set a $6,700.00 target price (up from $6,100.00) on shares of Booking in a report on Wednesday, July 30th. Wedbush restated a “neutral” rating and set a $5,900.00 target price on shares of Booking in a report on Wednesday, July 30th. Finally, Bank of America raised their price objective on shares of Booking from $5,820.00 to $5,850.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, Booking currently has a consensus rating of “Moderate Buy” and an average price target of $5,781.04.

Booking Stock Performance

Booking stock opened at $5,584.08 on Wednesday. The company has a 50 day moving average price of $5,560.61 and a 200 day moving average price of $5,134.80. The firm has a market capitalization of $180.98 billion, a price-to-earnings ratio of 38.83, a P/E/G ratio of 1.60 and a beta of 1.41. Booking Holdings Inc. has a 52 week low of $3,665.54 and a 52 week high of $5,839.41.

Booking (NASDAQ:BKNG) last issued its earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 19.23% and a negative return on equity of 134.19%. The company’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter last year, the business posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. Equities analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th will be paid a dividend of $9.60 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. Booking’s dividend payout ratio (DPR) is 26.71%.

Insider Activity

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction on Friday, August 15th. The shares were sold at an average price of $5,476.89, for a total transaction of $5,548,089.57. Following the completion of the sale, the chief executive officer owned 24,620 shares of the company’s stock, valued at $134,841,031.80. This trade represents a 3.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last three months, insiders have sold 4,052 shares of company stock worth $22,511,858. Company insiders own 0.16% of the company’s stock.

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.