Moloney Securities Asset Management LLC Sells 76 Shares of Booking Holdings Inc. $BKNG

Moloney Securities Asset Management LLC decreased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 24.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 233 shares of the business services provider’s stock after selling 76 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Booking were worth $1,349,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC boosted 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 valued at $1,249,000 after purchasing an additional 65 shares in the last quarter. Revolve Wealth Partners LLC bought a new stake in Booking in the fourth quarter worth approximately $209,000. GAMMA Investing LLC lifted 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 buying an additional 60 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in shares of 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 buying an additional 81 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of Booking during the 1st quarter worth approximately $203,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Performance

Shares of NASDAQ BKNG opened at $5,146.16 on Friday. The stock has a market cap of $166.79 billion, a price-to-earnings ratio of 35.79, a PEG ratio of 1.58 and a beta of 1.35. Booking Holdings Inc. has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41. The firm’s 50-day simple moving average is $5,432.78 and its 200 day simple moving average is $5,360.44.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating 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 business had revenue of $6.80 billion during the quarter, compared to analyst estimates of $6.54 billion. During the same period in the prior year, the firm posted $41.90 EPS. Booking’s quarterly revenue was up 16.0% compared to the same quarter last year. Booking has set its Q3 2025 guidance at EPS. On average, sell-side analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on BKNG shares. Susquehanna boosted their target price on shares of Booking from $6,000.00 to $6,500.00 and gave the company a “positive” rating in a research report on Friday, August 1st. Bank of America lifted their price target on shares of Booking from $5,820.00 to $5,850.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. Cantor Fitzgerald dropped 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 report on Wednesday. Citigroup increased their price objective on shares of Booking from $5,560.00 to $6,500.00 and gave the stock a “buy” rating in a research report on Wednesday, July 30th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Booking in a research report on Tuesday, October 14th. Three 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $6,010.41.

Insiders Place Their Bets

In related news, CEO Glenn D. Fogel sold 1,013 shares of the 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 sale, the chief executive officer directly owned 23,607 shares of the company’s stock, valued at approximately $130,237,930.44. This trade represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Vanessa Ames Wittman sold 15 shares of the business’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $5,291.98, for a total value of $79,379.70. Following the completion of the transaction, the director directly owned 732 shares in the company, valued at approximately $3,873,729.36. This represents a 2.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,197 shares of company stock valued at $17,260,963 in the last 90 days. 0.16% of the stock is currently owned by corporate 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.