Zullo Investment Group Inc. Buys Shares of 35 Booking Holdings Inc. $BKNG

Zullo Investment Group Inc. bought a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 35 shares of the business services provider’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BKNG. Wealth Preservation Advisors LLC purchased a new stake in Booking during the first quarter valued at approximately $28,000. Atwood & Palmer Inc. purchased a new stake in Booking during the second quarter valued at approximately $29,000. Keystone Global Partners LLC purchased a new stake in Booking during the first quarter valued at approximately $32,000. O Brien Wealth Partners LLC purchased a new stake in shares of Booking in the second quarter worth $35,000. Finally, First PREMIER Bank increased its stake in shares of Booking by 100.0% in the second quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after purchasing an additional 3 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Booking

In other Booking news, Director Larry Quinlan sold 64 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $5,587.11, for a total transaction of $357,575.04. Following the completion of the transaction, the director owned 195 shares in the company, valued at $1,089,486.45. This trade represents a 24.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Glenn D. Fogel sold 1,013 shares of the 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 transaction, 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 disclosure for this sale can be found here. Insiders sold 4,195 shares of company stock worth $23,467,630 over the last 90 days. 0.16% of the stock is owned by insiders.

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $5,164.93 on Friday. The firm has a fifty day moving average price of $5,492.50 and a 200 day moving average price of $5,317.27. Booking Holdings Inc. has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41. The firm has a market cap of $167.40 billion, a price-to-earnings ratio of 35.92, a P/E/G ratio of 1.61 and a beta of 1.35.

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

Booking Announces Dividend

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

Analyst Ratings Changes

A number of analysts have recently issued reports on BKNG shares. Royal Bank Of Canada increased their price objective on shares of Booking from $5,900.00 to $6,100.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Erste Group Bank raised shares of Booking from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Truist Financial increased their price objective on shares of Booking from $4,720.00 to $5,630.00 and gave the stock a “hold” rating in a research note on Monday, July 14th. Bank of America increased 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. Finally, Susquehanna increased their price objective on shares of Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a research note on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $5,808.81.

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.