Leavell Investment Management Inc. Has $3.82 Million Stock Holdings in Booking Holdings Inc. $BKNG

Leavell Investment Management Inc. boosted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 0.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 660 shares of the business services provider’s stock after acquiring an additional 6 shares during the period. Leavell Investment Management Inc.’s holdings in Booking were worth $3,821,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in shares of Booking by 34.9% during the 4th quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock worth $1,249,000 after buying an additional 65 shares during the period. Revolve Wealth Partners LLC bought a new position in Booking in the fourth quarter valued at approximately $209,000. GAMMA Investing LLC boosted its stake in Booking by 13.2% in the first quarter. GAMMA Investing LLC now owns 513 shares of the business services provider’s stock valued at $2,363,000 after acquiring an additional 60 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in Booking by 57.9% during the 1st quarter. Oppenheimer & Co. Inc. now owns 221 shares of the business services provider’s stock worth $1,018,000 after acquiring an additional 81 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in shares of Booking during the 1st quarter valued at $203,000. 92.42% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total transaction of $5,588,639.96. Following the completion of the transaction, the chief executive officer owned 23,607 shares of the company’s stock, valued at $130,237,930.44. This represents a 4.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Larry Quinlan sold 64 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the transaction, the director directly owned 131 shares of the company’s stock, valued at $722,045.80. This represents a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,197 shares of company stock worth $17,260,963. 0.16% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on BKNG. Evercore ISI lifted their price objective on Booking from $5,500.00 to $6,250.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Mizuho assumed coverage on Booking in a report on Monday, September 29th. They set a “neutral” rating and a $5,975.00 target price on the stock. KeyCorp assumed coverage on Booking in a research note on Wednesday. They issued an “overweight” rating and a $6,450.00 price target for the company. B. Riley reiterated a “buy” rating and issued a $6,700.00 price target (up from $6,100.00) on shares of Booking in a research report on Wednesday, July 30th. Finally, Cantor Fitzgerald reduced their price objective on shares of Booking from $5,660.00 to $5,590.00 and set a “neutral” rating on the stock in a research note on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $6,010.41.

Booking Stock Up 1.0%

Shares of NASDAQ:BKNG opened at $5,146.16 on Friday. The firm has a market cap of $166.79 billion, a price-to-earnings ratio of 35.79, a PEG ratio of 1.59 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. The company’s fifty day simple moving average is $5,432.78 and its 200 day simple moving average is $5,368.74.

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, topping 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 during the quarter, compared to analysts’ expectations of $6.54 billion. During the same quarter in the prior year, the company earned $41.90 EPS. The company’s revenue was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. Research analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking 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.