Independent Solutions Wealth Management LLC Purchases 3 Shares of Booking Holdings Inc. $BKNG

Independent Solutions Wealth Management LLC boosted its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 5.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 57 shares of the business services provider’s stock after acquiring an additional 3 shares during the quarter. Independent Solutions Wealth Management LLC’s holdings in Booking were worth $330,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Wealth Preservation Advisors LLC bought a new position in Booking in the 1st quarter worth approximately $28,000. Atwood & Palmer Inc. bought a new position in Booking in the 2nd quarter worth approximately $29,000. Keystone Global Partners LLC bought a new position in Booking in the 1st quarter worth approximately $32,000. O Brien Wealth Partners LLC bought a new position in Booking in the 2nd quarter worth approximately $35,000. Finally, First PREMIER Bank raised its position in Booking by 100.0% in the 2nd quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after purchasing an additional 3 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Insider Buying and Selling

In related news, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total value of $82,500.00. Following the transaction, the director directly owned 747 shares of the company’s stock, valued at $4,108,500. The trade was a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Larry Quinlan sold 64 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $5,587.11, for a total value of $357,575.04. Following the completion of the transaction, the director directly owned 195 shares in the company, valued at approximately $1,089,486.45. This trade represents a 24.71% 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 valued at $23,467,630 over the last ninety days. 0.16% of the stock is owned by company insiders.

Booking Stock Performance

Shares of NASDAQ BKNG opened at $5,242.00 on Wednesday. Booking Holdings Inc. has a 52 week low of $4,096.23 and a 52 week high of $5,839.41. The stock has a market capitalization of $169.89 billion, a P/E ratio of 36.46, a PEG ratio of 1.56 and a beta of 1.35. The stock’s fifty day moving average is $5,512.80 and its 200 day moving average is $5,312.53.

Booking (NASDAQ:BKNG) last released 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. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The firm had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.54 billion. During the same quarter in the previous year, the business posted $41.90 earnings per share. The business’s revenue for the quarter was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

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

Analyst Ratings Changes

A number of research analysts have issued reports on BKNG shares. Bank of America upped their target price on shares of Booking from $5,820.00 to $5,850.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. Weiss Ratings restated a “buy (b+)” rating on shares of Booking in a research report on Saturday, September 27th. Cantor Fitzgerald restated a “neutral” rating on shares of Booking in a research report on Wednesday, July 30th. Wells Fargo & Company upped their target price on shares of Booking from $5,418.00 to $5,443.00 and gave the company an “equal weight” rating in a research report on Monday. Finally, Evercore ISI increased their price target on shares of Booking from $5,500.00 to $6,250.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $5,808.81.

About Booking

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.