Sava Infond d.o.o. Reduces Stock Position in Booking Holdings Inc. $BKNG

Sava Infond d.o.o. lessened its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 0.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,130 shares of the business services provider’s stock after selling 3 shares during the quarter. Booking makes up approximately 1.0% of Sava Infond d.o.o.’s holdings, making the stock its 21st largest holding. Sava Infond d.o.o.’s holdings in Booking were worth $6,542,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BKNG. Wealth Preservation Advisors LLC purchased a new stake in Booking during the 1st quarter worth about $28,000. Atwood & Palmer Inc. acquired a new stake in Booking in the 2nd quarter worth about $29,000. Keystone Global Partners LLC acquired a new stake in Booking in the 1st quarter worth about $32,000. O Brien Wealth Partners LLC acquired a new stake in Booking in the 2nd quarter worth about $35,000. Finally, First PREMIER Bank boosted its stake in Booking by 100.0% in the 2nd quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after buying an additional 3 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $5,418.05 on Friday. The company has a market cap of $175.60 billion, a P/E ratio of 37.68, a PEG ratio of 1.56 and a beta of 1.35. Booking Holdings Inc. has a one year low of $4,096.23 and a one year high of $5,839.41. The business’s 50-day simple moving average is $5,524.95 and its 200 day simple moving average is $5,297.52.

Booking (NASDAQ:BKNG) last announced 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 business had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The company’s revenue was up 16.0% on a year-over-year basis. During the same period last year, the business posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. Analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

The business also recently announced 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. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Friday, September 5th. Booking’s dividend payout ratio (DPR) is presently 26.71%.

Insider Activity at Booking

In related news, Director Vanessa Ames Wittman sold 15 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total transaction of $82,500.00. Following the sale, the director directly owned 747 shares in the company, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Larry Quinlan sold 64 shares of Booking 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 sale, the director owned 131 shares in the company, valued at $722,045.80. This represents a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,195 shares of company stock worth $23,467,630. 0.16% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Benchmark reissued a “buy” rating and issued a $6,200.00 price target (up from $6,000.00) on shares of Booking in a research note on Wednesday, July 30th. Morgan Stanley set a $5,650.00 price target on Booking and gave the stock an “equal weight” rating in a research note on Wednesday, July 30th. Weiss Ratings reissued a “buy (b+)” rating on shares of Booking in a research note on Saturday, September 27th. BTIG Research reissued a “buy” rating and issued a $6,250.00 price target on shares of Booking in a research note on Thursday, September 4th. Finally, Wells Fargo & Company raised their price target on Booking from $5,411.00 to $5,418.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $5,807.89.

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.