Atria Wealth Solutions Inc. lowered its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 88.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136 shares of the business services provider’s stock after selling 1,087 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Booking were worth $787,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in BKNG. Wealth Preservation Advisors LLC acquired a new stake in Booking during the first quarter worth approximately $28,000. Atwood & Palmer Inc. acquired a new stake in shares of Booking in the 2nd quarter valued at $29,000. Keystone Global Partners LLC acquired a new stake in shares of Booking in the 1st quarter valued at $32,000. O Brien Wealth Partners LLC acquired a new stake in shares of Booking in the 2nd quarter valued at $35,000. Finally, First PREMIER Bank boosted its holdings in shares of Booking by 100.0% in the 2nd quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 3 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.
Analyst Ratings Changes
BKNG has been the topic of a number of research analyst reports. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Booking in a report on Wednesday, July 30th. UBS Group raised their target price on Booking from $5,750.00 to $6,300.00 and gave the company a “buy” rating in a report on Monday, July 28th. BTIG Research reaffirmed a “buy” rating and issued a $6,250.00 target price on shares of Booking in a report on Wednesday, October 8th. Benchmark reaffirmed a “buy” rating and issued a $6,200.00 target price (up previously from $6,000.00) on shares of Booking in a report on Wednesday, July 30th. Finally, Barclays raised their price objective on Booking from $5,700.00 to $6,000.00 and gave the company an “overweight” rating in a report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $5,808.81.
Insiders Place Their Bets
In other Booking news, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $5,291.98, for a total transaction of $79,379.70. Following the transaction, the director directly owned 732 shares of the company’s stock, valued at approximately $3,873,729.36. The trade was a 2.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the transaction, the chief executive officer directly owned 23,607 shares in the company, valued at $130,237,930.44. The trade was a 4.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 3,197 shares of company stock valued at $17,260,963. 0.16% of the stock is currently owned by company insiders.
Booking Stock Up 2.4%
NASDAQ BKNG opened at $5,070.02 on Friday. Booking Holdings Inc. has a twelve month low of $4,096.23 and a twelve month high of $5,839.41. The company has a market cap of $164.32 billion, a price-to-earnings ratio of 35.26, a price-to-earnings-growth ratio of 1.57 and a beta of 1.35. The business’s fifty day moving average is $5,459.08 and its 200 day moving average is $5,336.87.
Booking (NASDAQ:BKNG – Get Free Report) 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. The company had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.Booking’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter last year, the business posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.
Booking Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were issued 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 yield of 0.8%. Booking’s payout ratio is presently 26.71%.
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.
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