Smartleaf Asset Management LLC Buys 17 Shares of Booking Holdings Inc. $BKNG

Smartleaf Asset Management LLC grew its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 3.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 468 shares of the business services provider’s stock after purchasing an additional 17 shares during the period. Smartleaf Asset Management LLC’s holdings in Booking were worth $2,170,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of BKNG. GAMMA Investing LLC increased 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 purchasing an additional 2,362,892 shares in the last quarter. Pacer Advisors Inc. increased its holdings in shares of Booking by 1,411.9% in the first quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider’s stock valued at $516,900,000 after purchasing an additional 104,780 shares in the last quarter. TD Asset Management Inc increased its holdings in shares of Booking by 182.2% in the first quarter. TD Asset Management Inc now owns 104,643 shares of the business services provider’s stock valued at $482,081,000 after purchasing an additional 67,562 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Booking by 18.8% in the fourth quarter. Northern Trust Corp now owns 368,628 shares of the business services provider’s stock valued at $1,831,499,000 after purchasing an additional 58,357 shares in the last quarter. Finally, Voloridge Investment Management LLC increased its holdings in shares of Booking by 127.3% in the fourth quarter. Voloridge Investment Management LLC now owns 81,785 shares of the business services provider’s stock valued at $406,342,000 after purchasing an additional 45,808 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on BKNG shares. Benchmark reissued a “buy” rating and issued a $6,200.00 price target (up previously from $6,000.00) on shares of Booking in a report on Wednesday, July 30th. Barclays raised their price objective on shares of Booking from $5,700.00 to $6,000.00 and gave the company an “overweight” rating in a research note on Wednesday, July 30th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $6,000.00 price objective (up from $5,700.00) on shares of Booking in a research note on Wednesday, July 30th. DA Davidson raised their price objective on shares of Booking from $5,750.00 to $6,500.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Truist Financial raised their price objective on shares of Booking from $4,720.00 to $5,630.00 and gave the company a “hold” rating in a research note on Monday, July 14th. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Booking presently has an average rating of “Moderate Buy” and an average price target of $5,781.04.

Insider Buying and Selling

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer directly owned 24,620 shares of the company’s stock, valued at $134,841,031.80. The trade was a 3.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Over the last quarter, insiders have sold 4,052 shares of company stock valued at $22,511,858. Insiders own 0.16% of the company’s stock.

Booking Stock Up 0.2%

BKNG opened at $5,720.87 on Friday. Booking Holdings Inc. has a 12 month low of $3,700.97 and a 12 month high of $5,839.41. The company has a fifty day simple moving average of $5,577.51 and a 200 day simple moving average of $5,152.49. The stock has a market cap of $185.41 billion, a P/E ratio of 39.79, a P/E/G ratio of 1.65 and a beta of 1.41.

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

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, September 5th will be given a $9.60 dividend. This represents a $38.40 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, September 5th. Booking’s payout ratio is currently 26.71%.

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.