Booking Holdings Inc. $BKNG Stock Position Reduced by Narus Financial Partners LLC

Narus Financial Partners LLC lessened its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 6.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 72 shares of the business services provider’s stock after selling 5 shares during the period. Narus Financial Partners LLC’s holdings in Booking were worth $417,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of Booking by 34.9% in the 4th quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock worth $1,249,000 after purchasing an additional 65 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in shares of Booking in the 4th quarter worth approximately $209,000. Fire Capital Management LLC bought a new stake in shares of Booking in the 4th quarter worth approximately $248,000. Toronto Dominion Bank lifted its holdings in shares of Booking by 17.5% in the 4th quarter. Toronto Dominion Bank now owns 15,316 shares of the business services provider’s stock worth $76,093,000 after purchasing an additional 2,276 shares during the last quarter. Finally, Forum Financial Management LP lifted its holdings in shares of Booking by 32.9% in the 4th quarter. Forum Financial Management LP now owns 101 shares of the business services provider’s stock worth $502,000 after purchasing an additional 25 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Insider Activity

In other news, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction on Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total transaction of $5,548,089.57. Following the transaction, the chief executive officer owned 24,620 shares in the company, valued at approximately $134,841,031.80. The trade was a 3.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction on Monday, September 8th. The shares were sold at an average price of $5,587.11, for a total value of $357,575.04. Following the transaction, the director owned 195 shares in the company, valued at $1,089,486.45. This represents a 24.71% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,195 shares of company stock worth $23,467,630. 0.16% of the stock is owned by corporate insiders.

Booking Stock Up 0.0%

Shares of NASDAQ BKNG opened at $5,444.44 on Monday. The stock has a market capitalization of $176.45 billion, a price-to-earnings ratio of 37.86, a PEG ratio of 1.57 and a beta of 1.39. The stock’s fifty day simple moving average is $5,570.86 and its 200 day simple moving average is $5,238.82. Booking Holdings Inc. has a 52-week low of $3,985.57 and a 52-week high of $5,839.41.

Booking (NASDAQ:BKNG) last issued 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. The business had revenue of $6.80 billion for 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 period in the previous year, the firm posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

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

Analysts Set New Price Targets

BKNG has been the topic of several recent research reports. Hsbc Global Res raised Booking to a “strong-buy” rating in a report on Thursday, July 17th. DA Davidson raised their price target on Booking from $5,750.00 to $6,500.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. B. Riley reissued a “buy” rating and issued a $6,700.00 price target (up previously from $6,100.00) on shares of Booking in a report on Wednesday, July 30th. Bank of America lifted their target price on Booking from $5,820.00 to $5,850.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. Finally, Erste Group Bank raised Booking from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the company presently 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.