Nisa Investment Advisors LLC Has $83.49 Million Stock Position in Booking Holdings Inc. $BKNG

Nisa Investment Advisors LLC cut its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 42.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,422 shares of the business services provider’s stock after selling 10,629 shares during the period. Nisa Investment Advisors LLC’s holdings in Booking were worth $83,492,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Atwood & Palmer Inc. bought a new stake in Booking in the second quarter valued at $29,000. Wealth Preservation Advisors LLC bought a new position in shares of Booking during the first quarter valued at $28,000. O Brien Wealth Partners LLC acquired a new stake in shares of Booking in the 2nd quarter valued at $35,000. First PREMIER Bank grew 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 worth $35,000 after purchasing an additional 3 shares during the last quarter. Finally, Keystone Global Partners LLC acquired a new stake in shares of Booking during the 1st quarter worth about $32,000. Institutional investors own 92.42% of the company’s stock.

Insider Activity at Booking

In other news, Director Larry Quinlan sold 64 shares of Booking 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 transaction, the director directly owned 131 shares of the company’s stock, valued at $722,045.80. This trade represents a 32.82% decrease in their ownership of the stock. The sale 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 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 transaction, the director directly owned 732 shares of the company’s stock, valued at $3,873,729.36. This trade represents a 2.01% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 3,197 shares of company stock worth $17,260,963. 0.16% of the stock is currently owned by company insiders.

Booking Trading Up 1.0%

NASDAQ:BKNG opened at $5,146.16 on Friday. Booking Holdings Inc. has a 1-year low of $4,096.23 and a 1-year high of $5,839.41. The firm has a market capitalization of $166.79 billion, a price-to-earnings ratio of 35.79, a PEG ratio of 1.59 and a beta of 1.35. The business’s 50-day moving average price is $5,432.78 and its two-hundred day moving average price is $5,368.74.

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

Wall Street Analysts Forecast Growth

BKNG has been the subject of several analyst reports. Wedbush reissued a “neutral” rating and set a $5,900.00 price target on shares of Booking in a report on Wednesday, July 30th. Evercore ISI lifted their target price on shares of Booking from $5,500.00 to $6,250.00 and gave the company an “outperform” rating in a research note 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. KeyCorp started coverage on Booking in a report on Wednesday. They set an “overweight” rating and a $6,450.00 price target for the company. Finally, Morgan Stanley set a $5,650.00 price objective on Booking and gave the company an “equal weight” rating in a research report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $6,010.41.

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.