NatWest Group plc Sells 73 Shares of Booking Holdings Inc. $BKNG

NatWest Group plc lessened its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 3.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 2,105 shares of the business services provider’s stock after selling 73 shares during the period. Booking accounts for approximately 3.6% of NatWest Group plc’s portfolio, making the stock its 13th largest position. NatWest Group plc’s holdings in Booking were worth $12,186,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. PKO Investment Management Joint Stock Co increased its position in Booking by 40.0% during the second quarter. PKO Investment Management Joint Stock Co now owns 700 shares of the business services provider’s stock valued at $4,052,000 after acquiring an additional 200 shares during the last quarter. Sage Mountain Advisors LLC increased its position in Booking by 19.1% during the second quarter. Sage Mountain Advisors LLC now owns 206 shares of the business services provider’s stock valued at $1,193,000 after acquiring an additional 33 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Booking by 2.5% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 106,178 shares of the business services provider’s stock worth $614,690,000 after purchasing an additional 2,593 shares during the last quarter. AlTi Global Inc. grew its holdings in shares of Booking by 433.0% in the second quarter. AlTi Global Inc. now owns 1,423 shares of the business services provider’s stock worth $8,222,000 after purchasing an additional 1,156 shares during the last quarter. Finally, Smith Group Asset Management LLC grew its holdings in shares of Booking by 1.4% in the second quarter. Smith Group Asset Management LLC now owns 8,965 shares of the business services provider’s stock worth $51,901,000 after purchasing an additional 128 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Booking Price Performance

NASDAQ BKNG opened at $5,146.16 on Friday. The company has a market cap of $166.79 billion, a P/E ratio of 35.79, a P/E/G ratio of 1.58 and a beta of 1.35. The stock has a 50-day moving average of $5,432.78 and a two-hundred day moving average of $5,360.44. Booking Holdings Inc. has a 1-year low of $4,096.23 and a 1-year high of $5,839.41.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, topping 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 the consensus estimate of $6.54 billion. During the same period in the previous year, the company posted $41.90 earnings per share. The business’s revenue for the quarter was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Insider Transactions at Booking

In other news, Director Larry Quinlan sold 64 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total value of $352,755.20. Following the completion of the sale, the director directly owned 131 shares of the company’s stock, valued at approximately $722,045.80. This represents a 32.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Glenn D. Fogel sold 1,013 shares of the 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 value 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 $130,237,930.44. The trade was a 4.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 3,197 shares of company stock valued at $17,260,963. 0.16% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

BKNG has been the topic of a number of research analyst reports. Erste Group Bank upgraded shares of Booking from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Cantor Fitzgerald cut their price target 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. BTIG Research restated a “buy” rating and issued a $6,250.00 price target on shares of Booking in a report on Wednesday, October 8th. UBS Group upped their price objective on shares of Booking from $6,363.00 to $6,743.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Barclays upped their price objective on shares of Booking from $5,700.00 to $6,000.00 and gave the stock an “overweight” rating in a research note 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 issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $6,010.41.

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.