Crux Wealth Advisors Acquires 124 Shares of Booking Holdings Inc. $BKNG

Crux Wealth Advisors grew its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 29.0% during the 2nd quarter, Holdings Channel.com reports. The fund owned 551 shares of the business services provider’s stock after acquiring an additional 124 shares during the period. Booking accounts for about 1.4% of Crux Wealth Advisors’ portfolio, making the stock its 16th largest position. Crux Wealth Advisors’ holdings in Booking were worth $3,192,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Fidelis Capital Partners LLC boosted its stake in Booking by 1.2% in the 1st quarter. Fidelis Capital Partners LLC now owns 167 shares of the business services provider’s stock worth $809,000 after purchasing an additional 2 shares during the period. WNY Asset Management LLC lifted its holdings in shares of Booking by 3.7% in the first quarter. WNY Asset Management LLC now owns 56 shares of the business services provider’s stock worth $258,000 after buying an additional 2 shares in the last quarter. Gries Financial LLC boosted its position in shares of Booking by 1.6% during the first quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock worth $576,000 after acquiring an additional 2 shares during the last quarter. Sheaff Brock Investment Advisors LLC boosted its position in shares of Booking by 0.5% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock worth $1,854,000 after acquiring an additional 2 shares during the last quarter. Finally, Nicolet Advisory Services LLC grew its stake in Booking by 0.8% during the first quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider’s stock valued at $1,070,000 after acquiring an additional 2 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Insider Activity

In related news, CEO Glenn D. Fogel sold 625 shares of the stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $5,141.53, for a total value of $3,213,456.25. Following the sale, the chief executive officer directly owned 22,982 shares of the company’s stock, valued at $118,162,642.46. This represents a 2.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Vanessa Ames Wittman sold 15 shares of the firm’s 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 completion of the sale, 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 disclosure for this sale can be found here. Over the last quarter, 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 Price Performance

Shares of BKNG stock opened at $5,070.02 on Friday. The company has a market cap of $164.32 billion, a PE ratio of 35.26, a price-to-earnings-growth ratio of 1.57 and a beta of 1.35. Booking Holdings Inc. has a 1 year low of $4,096.23 and a 1 year high of $5,839.41. The stock’s 50 day simple moving average is $5,459.08 and its two-hundred day simple moving average is $5,336.87.

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

Booking Announces Dividend

The company 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 dividend on an annualized basis and a yield of 0.8%. Booking’s payout ratio is 26.71%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Royal Bank Of Canada boosted their price target 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. Benchmark reaffirmed a “buy” rating and issued a $6,200.00 target price (up from $6,000.00) on shares of Booking in a report on Wednesday, July 30th. Erste Group Bank upgraded Booking from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. BMO Capital Markets restated an “outperform” rating and set a $6,000.00 price target (up previously from $5,700.00) on shares of Booking in a report on Wednesday, July 30th. Finally, B. Riley reaffirmed a “buy” rating and issued a $6,700.00 price objective (up previously from $6,100.00) on shares of Booking in a research note on Wednesday, July 30th. Three 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 MarketBeat.com, 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.