Emprise Bank Has $301,000 Holdings in Booking Holdings Inc. $BKNG

Emprise Bank lowered its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 7.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52 shares of the business services provider’s stock after selling 4 shares during the period. Emprise Bank’s holdings in Booking were worth $301,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Wealth Preservation Advisors LLC acquired a new position in shares of Booking during the 1st quarter worth about $28,000. Atwood & Palmer Inc. acquired a new position in shares of Booking during the 2nd quarter worth about $29,000. Keystone Global Partners LLC acquired a new position in shares of Booking during the 1st quarter worth about $32,000. Activest Wealth Management lifted its position in shares of Booking by 300.0% during the 1st quarter. Activest Wealth Management now owns 8 shares of the business services provider’s stock worth $37,000 after purchasing an additional 6 shares during the last quarter. Finally, Alpine Bank Wealth Management acquired a new position in shares of Booking during the 1st quarter worth about $41,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

BKNG has been the subject of several research analyst reports. Truist Financial boosted their price objective on Booking from $4,720.00 to $5,630.00 and gave the stock a “hold” rating in a research report on Monday, July 14th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Booking in a report on Wednesday, July 30th. Wells Fargo & Company upped their price target on Booking from $5,411.00 to $5,418.00 and gave the company an “equal weight” rating in a report on Wednesday, July 30th. B. Riley reaffirmed a “buy” rating and issued a $6,700.00 price target (up previously from $6,100.00) on shares of Booking in a report on Wednesday, July 30th. Finally, Benchmark reaffirmed 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. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Booking presently has an average rating of “Moderate Buy” and an average target price of $5,808.81.

Insider Activity at Booking

In other news, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $5,587.11, for a total value of $357,575.04. Following the sale, the director directly owned 195 shares in the company, valued at approximately $1,089,486.45. This represents a 24.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Glenn D. Fogel sold 1,013 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the completion of the sale, the chief executive officer owned 24,620 shares in the company, valued at approximately $134,841,031.80. This represents a 3.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,103 shares of company stock worth $17,443,735. Corporate insiders own 0.16% of the company’s stock.

Booking Trading Up 1.9%

BKNG stock opened at $5,559.83 on Tuesday. Booking Holdings Inc. has a 1-year low of $3,930.00 and a 1-year high of $5,839.41. The firm has a market cap of $180.19 billion, a P/E ratio of 38.67, a P/E/G ratio of 1.57 and a beta of 1.39. The business’s 50 day moving average is $5,588.88 and its 200-day moving average is $5,221.64.

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

Booking Dividend Announcement

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