4,245 Booking Holdings Inc. $BKNG Shares Sold by Formuepleje A S

Formuepleje A S cut its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 50.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,192 shares of the business services provider’s stock after selling 4,245 shares during the period. Formuepleje A S’s holdings in Booking were worth $683,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Bogart Wealth LLC lifted its stake in shares of Booking by 3,475.0% in the second quarter. Bogart Wealth LLC now owns 143 shares of the business services provider’s stock worth $25,000 after buying an additional 139 shares during the last quarter. Wilkerson Advisory Group LLC grew its holdings in shares of Booking by 3,550.0% during the 2nd quarter. Wilkerson Advisory Group LLC now owns 146 shares of the business services provider’s stock worth $26,000 after purchasing an additional 142 shares in the last quarter. Osbon Capital Management LLC bought a new stake in Booking in the 4th quarter valued at $27,000. First Financial Corp IN increased its stake in Booking by 2,400.0% in the second quarter. First Financial Corp IN now owns 150 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 144 shares during the period. Finally, Roble Belko & Company Inc raised its holdings in shares of Booking by 2,400.0% in the 2nd quarter. Roble Belko & Company Inc now owns 150 shares of the business services provider’s stock worth $27,000 after buying an additional 144 shares in the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Booking

In other Booking news, insider Paulo Pisano sold 3,000 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $203.48, for a total value of $610,440.00. Following the completion of the sale, the insider directly owned 73,400 shares in the company, valued at approximately $14,935,432. This trade represents a 3.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert Mylod, Jr. sold 5,000 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $200.00, for a total value of $1,000,000.00. Following the completion of the transaction, the director owned 16,000 shares in the company, valued at approximately $3,200,000. The trade was a 23.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 83,050 shares of company stock worth $17,182,274. Corporate insiders own 0.17% of the company’s stock.

Trending Headlines about Booking

Here are the key news stories impacting Booking this week:

• Positive Sentiment: Booking launched Vayo, an AI-powered personal travel agent now entering private beta, and plans to invest $100 million in the business. The platform is intended to organize travelers’ bookings, learn their preferences and provide ongoing trip support. Investors may view the initiative as a potential long-term growth opportunity and a way to strengthen Booking’s customer relationship. Booking Holdings Launches Vayo with Planned $100M Investment
• Positive Sentiment: Analyst price targets remain well above the stock’s recent trading level, with one report citing an average target of $233.95. That gap may support investor interest, though price targets are estimates rather than guarantees. Booking Holdings Average Price Target
• Neutral Sentiment: Booking has attracted unusually high attention from Zacks users. The coverage largely discusses investor interest and what may lie ahead rather than reporting a new operating result, estimate revision or corporate action. Booking Holdings Investor Attention
• Neutral Sentiment: Reports note that approximately $10.1 billion in advance deposits primarily belongs to travel providers such as hotels. These customer-related funds can support working capital, but they also represent obligations and should not be treated as Booking’s revenue or cash available for unrestricted use. Booking Advance Deposits

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Bank of America reiterated a “buy” rating and issued a $234.00 target price on shares of Booking in a research note on Wednesday, August 5th. Mizuho set a $240.00 target price on shares of Booking in a report on Wednesday, August 5th. Piper Sandler reiterated a “neutral” rating and issued a $215.00 price target (up from $195.00) on shares of Booking in a research report on Wednesday, August 5th. B. Riley Financial restated a “buy” rating and issued a $274.00 price target (up from $264.00) on shares of Booking in a report on Wednesday, August 5th. Finally, Rosenblatt Securities initiated coverage on Booking in a research note on Tuesday, September 1st. They issued a “buy” rating and a $245.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Booking has an average rating of “Moderate Buy” and a consensus target price of $233.95.

Booking Trading Up 4.0%

BKNG stock traded up $6.36 during mid-day trading on Thursday, hitting $167.04. The stock had a trading volume of 3,428,814 shares, compared to its average volume of 8,155,419. The firm has a fifty day simple moving average of $183.93 and a 200 day simple moving average of $177.59. The firm has a market capitalization of $125.51 billion, a P/E ratio of 18.48, a P/E/G ratio of 0.98 and a beta of 1.13. Booking Holdings Inc. has a 52 week low of $150.14 and a 52 week high of $220.81.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Monday, August 3rd. The business services provider reported $2.54 earnings per share for the quarter, beating the consensus estimate of $2.43 by $0.11. The business had revenue of $7.35 billion for the quarter, compared to analyst estimates of $7.19 billion. Booking had a negative return on equity of 102.96% and a net margin of 25.53%. Booking’s revenue was up 8.1% compared to the same quarter last year. During the same period last year, the firm posted $55.40 earnings per share. As a group, equities analysts expect that Booking Holdings Inc. will post 10.48 earnings per share for the current fiscal year.

Booking Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Friday, September 11th were paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Friday, September 11th. Booking’s dividend payout ratio (DPR) is currently 18.58%.

Booking Company Profile

Booking Holdings Inc is a global online travel and restaurant reservation company headquartered in Norwalk, Connecticut. Through its digital platforms, the company helps consumers search for, compare and reserve accommodations, flights, rental cars, vacation packages, attractions and restaurant reservations.

Its portfolio includes Booking.com, Priceline, Agoda, KAYAK, OpenTable, Rentalcars.com and the travel metasearch brands Momondo and Cheapflights. Booking.com is primarily known for lodging reservations, while Priceline focuses on travel deals, Agoda serves customers across international markets with a strong presence in Asia, KAYAK and its related brands provide travel search and comparison services, and OpenTable operates a restaurant reservation platform.

The company was founded in 1997 as Priceline.com and was later renamed The Priceline Group before adopting the Booking Holdings name in 2018.