Townsquare Capital LLC reduced its stake in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 16.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 894 shares of the business services provider’s stock after selling 175 shares during the quarter. Townsquare Capital LLC’s holdings in Booking were worth $4,827,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Westside Investment Management Inc. grew its stake in shares of Booking by 400.0% in the second quarter. Westside Investment Management Inc. now owns 5 shares of the business services provider’s stock worth $29,000 after acquiring an additional 4 shares during the last quarter. Halbert Hargrove Global Advisors LLC lifted its stake in shares of Booking by 150.0% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 5 shares of the business services provider’s stock worth $27,000 after buying an additional 3 shares in the last quarter. Barnes Dennig Private Wealth Management LLC grew its holdings in shares of Booking by 100.0% during the second quarter. Barnes Dennig Private Wealth Management LLC now owns 6 shares of the business services provider’s stock valued at $35,000 after buying an additional 3 shares during the last quarter. Davis Capital Management purchased a new stake in Booking during the 3rd quarter valued at $32,000. Finally, Howard Hughes Medical Institute purchased a new position in shares of Booking in the second quarter worth $41,000. Hedge funds and other institutional investors own 92.42% of the company’s stock.
Booking News Summary
Here are the key news stories impacting Booking this week:
- Positive Sentiment: Expanded Navan API partnership broadens Booking’s corporate distribution and could drive incremental bookings through a travel-management channel, supporting revenue growth and multiple expansion. A Look At Booking Holdings (BKNG) Valuation After Expanded Navan API Partnership
- Positive Sentiment: KAYAK for Business launched an “Events” feature to simplify planning and group travel — a product that targets higher-value, repeat corporate/event bookings and could lift CAC economics for corporate customers over time. KAYAK for Business Simplifies Corporate Travel Planning with New Events Feature
- Positive Sentiment: Coverage highlighting Booking’s ESG initiatives, open‑tech approach and commentary that shares appear undervalued can boost investor sentiment and attract ESG-focused and valuation-driven buyers. Booking Holdings Mixes ESG Push And Open Tech With Undervalued Shares
- Neutral Sentiment: Elevated attention on BKNG from retail and Zacks users makes the name a “trending” stock — this can increase volume/volatility but is ambiguous for fundamentals. Booking Holdings Inc. (BKNG) Is a Trending Stock: Facts to Know Before Betting on It
- Neutral Sentiment: Reported January short‑interest data appears to contain errors (shows increases but zero shares), so it’s not a reliable signal today; keep watching accurate short‑interest reports for true positioning pressure.
- Negative Sentiment: Recent session-level weakness (Zacks notes BKNG fell more than the market on Jan. 28) signals near‑term profit‑taking or volatility that could cap near-term upside until fresh catalysts or guidance emerge. Booking Holdings (BKNG) Suffers a Larger Drop Than the General Market: Key Insights
Insiders Place Their Bets
Wall Street Analyst Weigh In
Several equities research analysts recently commented on the company. Wedbush upgraded Booking from a “neutral” rating to an “outperform” rating and set a $6,000.00 price objective for the company in a report on Thursday, November 13th. Seaport Research Partners lifted their target price on shares of Booking from $6,030.00 to $6,260.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Jefferies Financial Group reduced their price target on shares of Booking from $5,800.00 to $5,600.00 and set a “hold” rating for the company in a research report on Friday, January 23rd. BTIG Research reaffirmed a “buy” rating and set a $6,250.00 target price on shares of Booking in a report on Tuesday, December 23rd. Finally, Bank of America upgraded shares of Booking from a “neutral” rating to a “buy” rating and set a $6,000.00 price target on the stock in a research note on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $6,205.88.
Get Our Latest Stock Analysis on Booking
Booking Stock Performance
Shares of Booking stock opened at $5,113.32 on Friday. Booking Holdings Inc. has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41. The company has a market capitalization of $164.80 billion, a P/E ratio of 33.23, a P/E/G ratio of 1.10 and a beta of 1.23. The company has a fifty day moving average of $5,222.97 and a 200 day moving average of $5,323.54.
Booking (NASDAQ:BKNG – Get Free Report) last announced its quarterly earnings data on Tuesday, October 28th. The business services provider reported $99.50 EPS for the quarter, beating the consensus estimate of $95.56 by $3.94. The business had revenue of $9.01 billion for the quarter, compared to the consensus estimate of $8.71 billion. Booking had a negative return on equity of 134.86% and a net margin of 19.37%.The business’s revenue was up 12.7% on a year-over-year basis. During the same period in the previous year, the business earned $83.39 earnings per share. Analysts forecast that Booking Holdings Inc. will post 209.92 EPS for the current year.
About Booking
Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company’s businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.
Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.
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