Booking Holdings Inc. $BKNG Shares Sold by Goldstein Advisors LLC

Goldstein Advisors LLC lessened its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 51.9% in the 2nd quarter, Holdings Channel reports. The firm owned 39 shares of the business services provider’s stock after selling 42 shares during the period. Goldstein Advisors LLC’s holdings in Booking were worth $226,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Wealth Preservation Advisors LLC acquired a new stake in Booking in the 1st quarter valued at approximately $28,000. Atwood & Palmer Inc. acquired a new stake in Booking in the 2nd quarter valued at approximately $29,000. Keystone Global Partners LLC acquired a new stake in Booking in the 1st quarter valued at approximately $32,000. O Brien Wealth Partners LLC acquired a new stake in Booking in the 2nd quarter valued at approximately $35,000. Finally, First PREMIER Bank increased its holdings in 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 during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Insider Buying and Selling

In related news, Director Larry Quinlan sold 64 shares of the business’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the completion of the transaction, the director owned 131 shares in the company, valued at approximately $722,045.80. The trade was a 32.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Vanessa Ames Wittman sold 15 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $5,291.98, for a total transaction of $79,379.70. Following the completion of the sale, the director directly owned 732 shares of the company’s stock, valued at approximately $3,873,729.36. This trade represents a 2.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,197 shares of company stock worth $17,260,963. Corporate insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on BKNG. Evercore ISI boosted their price target on shares of Booking from $5,500.00 to $6,250.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Bank of America boosted their price target 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. Barclays boosted their price target on shares of Booking from $5,700.00 to $6,000.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 30th. Morgan Stanley set a $5,650.00 price target on shares of Booking and gave the stock an “equal weight” rating in a research note on Wednesday, July 30th. Finally, Benchmark restated a “buy” rating and issued a $6,200.00 price target (up previously from $6,000.00) on shares of Booking in a research note on Wednesday, July 30th. Three investment 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $5,808.81.

Booking Trading Up 2.4%

Shares of BKNG stock opened at $5,070.02 on Friday. The firm has a fifty day moving average price of $5,459.08 and a 200 day moving average price of $5,336.87. The company has a market cap of $164.32 billion, a P/E ratio of 35.26, a PEG ratio of 1.57 and a beta of 1.35. Booking Holdings Inc. has a 12 month low of $4,096.23 and a 12 month high of $5,839.41.

Booking (NASDAQ:BKNG) last issued its earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, topping analysts’ consensus estimates of $50.32 by $5.08. The firm 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 revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were paid a dividend of $9.60 per share. The ex-dividend date was Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.8%. Booking’s payout ratio is presently 26.71%.

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.