Valeo Financial Advisors LLC Has $1.90 Million Stock Holdings in Booking Holdings Inc. $BKNG

Valeo Financial Advisors LLC lifted its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 10.4% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 328 shares of the business services provider’s stock after buying an additional 31 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Booking were worth $1,897,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Kingswood Wealth Advisors LLC lifted its stake in shares of Booking by 27.3% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 182 shares of the business services provider’s stock worth $844,000 after buying an additional 39 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Booking during the 1st quarter worth about $203,000. United Services Automobile Association acquired a new stake in shares of Booking during the 1st quarter worth about $3,592,000. Overbrook Management Corp increased its position in Booking by 49.5% during the second quarter. Overbrook Management Corp now owns 3,314 shares of the business services provider’s stock worth $19,186,000 after acquiring an additional 1,098 shares during the period. Finally, Perigon Wealth Management LLC raised its stake in Booking by 9.4% in the 1st quarter. Perigon Wealth Management LLC now owns 278 shares of the business services provider’s stock worth $1,281,000 after purchasing an additional 24 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on BKNG shares. Piper Sandler reiterated a “neutral” rating and issued a $5,750.00 price objective (up previously from $5,077.00) on shares of Booking in a research note on Wednesday, July 30th. Susquehanna lifted their price objective on shares of Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a research note on Friday, August 1st. Weiss Ratings reiterated a “buy (b+)” rating on shares of Booking in a research note on Saturday, September 27th. DA Davidson lifted their price objective on shares of Booking from $5,750.00 to $6,500.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Finally, UBS Group lifted their price objective 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. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $5,808.81.

Booking Stock Up 0.0%

BKNG stock opened at $5,419.87 on Tuesday. Booking Holdings Inc. has a 12 month low of $4,096.23 and a 12 month high of $5,839.41. The firm has a market cap of $175.66 billion, a P/E ratio of 37.69, a P/E/G ratio of 1.56 and a beta of 1.35. The company’s 50-day moving average price is $5,519.78 and its two-hundred day moving average price is $5,313.02.

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

Booking Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were issued a dividend of $9.60 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. Booking’s payout ratio is 26.71%.

Insider Activity at Booking

In related news, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $5,516.92, for a total transaction of $5,588,639.96. Following the sale, the chief executive officer directly owned 23,607 shares of the company’s stock, valued at approximately $130,237,930.44. The trade was a 4.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction that occurred 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 sale, the director directly owned 131 shares in the company, valued at $722,045.80. This trade represents a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,195 shares of company stock valued at $23,467,630. 0.16% of the stock is owned by insiders.

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.