Booking Holdings Inc. $BKNG Shares Sold by Curi RMB Capital LLC

Curi RMB Capital LLC trimmed its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 6.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,194 shares of the business services provider’s stock after selling 647 shares during the quarter. Booking makes up about 1.2% of Curi RMB Capital LLC’s holdings, making the stock its 14th biggest position. Curi RMB Capital LLC’s holdings in Booking were worth $46,963,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Wealth Preservation Advisors LLC acquired a new position in Booking in the first quarter valued at $28,000. Keystone Global Partners LLC acquired a new position in shares of Booking in the first quarter valued at approximately $32,000. Activest Wealth Management increased its holdings in shares of Booking by 300.0% in the first quarter. Activest Wealth Management now owns 8 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 6 shares during the period. Alpine Bank Wealth Management acquired a new position in shares of Booking in the first quarter valued at approximately $41,000. Finally, WPG Advisers LLC acquired a new position in shares of Booking during the first quarter worth about $41,000. 92.42% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on BKNG shares. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Booking in a report on Wednesday, July 30th. UBS Group upped their price target on shares of Booking from $5,750.00 to $6,300.00 and gave the stock a “buy” rating in a research note on Monday, July 28th. Wedbush reaffirmed a “neutral” rating and set a $5,900.00 price target on shares of Booking in a research note on Wednesday, July 30th. Piper Sandler restated a “neutral” rating and set a $5,750.00 target price (up from $5,077.00) on shares of Booking in a research report on Wednesday, July 30th. Finally, B. Riley restated a “buy” rating and set a $6,700.00 target price (up from $6,100.00) on shares of Booking in a research report on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $5,781.04.

Insider Activity

In related news, CEO Glenn D. Fogel sold 1,013 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the sale, the chief executive officer directly owned 24,620 shares of the company’s stock, valued at approximately $134,841,031.80. This trade represents a 3.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 4,052 shares of company stock valued at $22,511,858 over the last 90 days. 0.16% of the stock is currently owned by company insiders.

Booking Price Performance

Booking stock opened at $5,582.95 on Thursday. Booking Holdings Inc. has a 12-month low of $3,700.97 and a 12-month high of $5,839.41. The stock has a market capitalization of $180.94 billion, a P/E ratio of 38.83, a P/E/G ratio of 1.61 and a beta of 1.39. The firm’s 50-day moving average is $5,619.83 and its two-hundred day moving average is $5,191.90.

Booking (NASDAQ:BKNG) last announced 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 net margin of 19.23% and a negative return on equity of 134.19%. The firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.54 billion. During the same quarter last year, the business earned $41.90 earnings per share. Booking’s revenue was up 16.0% compared to the same quarter last year. Booking has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th will be paid a $9.60 dividend. This represents a $38.40 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, September 5th. Booking’s dividend payout ratio (DPR) is presently 26.71%.

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.