Deltec Asset Management LLC Sells 634 Shares of Booking Holdings Inc. $BKNG

Deltec Asset Management LLC decreased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 75.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 211 shares of the business services provider’s stock after selling 634 shares during the quarter. Deltec Asset Management LLC’s holdings in Booking were worth $1,222,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of BKNG. Vanguard Group Inc. lifted its holdings in shares of Booking by 1.0% in the first quarter. Vanguard Group Inc. now owns 2,956,462 shares of the business services provider’s stock worth $13,620,154,000 after acquiring an additional 30,054 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Booking by 0.5% in the first quarter. Northern Trust Corp now owns 370,327 shares of the business services provider’s stock worth $1,706,063,000 after acquiring an additional 1,699 shares during the last quarter. Deutsche Bank AG lifted its holdings in shares of Booking by 6.6% in the first quarter. Deutsche Bank AG now owns 296,331 shares of the business services provider’s stock worth $1,365,170,000 after acquiring an additional 18,268 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Booking by 3.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 222,200 shares of the business services provider’s stock worth $1,023,655,000 after acquiring an additional 8,015 shares during the last quarter. Finally, Ninety One UK Ltd lifted its holdings in shares of Booking by 1.1% in the second quarter. Ninety One UK Ltd now owns 218,016 shares of the business services provider’s stock worth $1,262,147,000 after acquiring an additional 2,418 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Booking Stock Performance

NASDAQ:BKNG opened at $5,399.27 on Wednesday. The company has a market capitalization of $174.99 billion, a PE ratio of 37.55, a P/E/G ratio of 1.57 and a beta of 1.39. Booking Holdings Inc. has a fifty-two week low of $4,060.98 and a fifty-two week high of $5,839.41. The company has a 50 day simple moving average of $5,541.46 and a two-hundred day simple moving average of $5,284.60.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data 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 the consensus estimate of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The company’s quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter last year, the firm posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. Research analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

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

Insider Buying and Selling

In other Booking news, Director Vanessa Ames Wittman sold 15 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total transaction of $82,500.00. Following the transaction, the director directly owned 747 shares in the company, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Glenn D. Fogel sold 1,013 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer owned 24,620 shares in the company, valued at approximately $134,841,031.80. This trade represents a 3.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,195 shares of company stock worth $23,467,630 in the last ninety days. Corporate insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BKNG. DA Davidson increased their target price on shares of Booking from $5,750.00 to $6,500.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Bank of America upped their price objective on Booking from $5,820.00 to $5,850.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. Mizuho initiated coverage on Booking in a research note on Monday. They issued a “neutral” rating and a $5,975.00 price objective for the company. Barclays upped their price objective on Booking from $5,700.00 to $6,000.00 and gave the company an “overweight” rating in a research note on Wednesday, July 30th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $5,900.00 price objective on shares of Booking in a research note on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $5,807.89.

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.