Booking (NASDAQ:BKNG) Director Sells $75,450.00 in Stock

Booking Holdings Inc. (NASDAQ:BKNG) Director Vanessa Ames Wittman sold 15 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $5,030.00, for a total transaction of $75,450.00. Following the sale, the director directly owned 717 shares of the company’s stock, valued at approximately $3,606,510. This represents a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Vanessa Ames Wittman also recently made the following trade(s):

• On Wednesday, October 15th, Vanessa Ames Wittman sold 15 shares of Booking stock. The stock was sold at an average price of $5,291.98, for a total value of $79,379.70.
• On Monday, September 15th, Vanessa Ames Wittman sold 15 shares of Booking stock. The shares were sold at an average price of $5,500.00, for a total value of $82,500.00.

Booking Trading Down 0.9%

BKNG stock opened at $4,761.02 on Wednesday. The firm has a market capitalization of $153.47 billion, a PE ratio of 31.07, a P/E/G ratio of 1.57 and a beta of 1.34. Booking Holdings Inc. has a one year low of $4,096.23 and a one year high of $5,839.41. The firm has a 50-day moving average of $5,230.63 and a two-hundred day moving average of $5,412.46.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Tuesday, October 28th. The business services provider reported $99.50 earnings per share for the quarter, topping the consensus estimate of $95.56 by $3.94. The firm had revenue of $9.01 billion for the quarter, compared to analysts’ expectations of $8.71 billion. Booking had a net margin of 19.37% and a negative return on equity of 134.86%. The company’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same period in the previous year, the company posted $83.39 EPS. Booking has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities research analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 5th will be issued a dividend of $9.60 per share. This represents a $38.40 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, December 5th. Booking’s dividend payout ratio (DPR) is currently 24.96%.

Analysts Set New Price Targets

Several equities research analysts recently commented on BKNG shares. Rothschild & Co Redburn boosted their price target on Booking from $6,250.00 to $6,400.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Benchmark lifted their price objective on shares of Booking from $6,200.00 to $6,400.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Barclays increased their target price on shares of Booking from $6,000.00 to $6,250.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. Bank of America boosted their price target on Booking from $5,820.00 to $5,850.00 and gave the stock a “neutral” rating in a research report on Thursday, July 24th. Finally, Seaport Global Securities increased their price objective on Booking from $6,030.00 to $6,260.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $6,139.21.

Hedge Funds Weigh In On Booking

Several large investors have recently bought and sold shares of the stock. Gries Financial LLC raised its holdings in shares of Booking by 1.6% in the 1st quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock worth $576,000 after purchasing an additional 2 shares during the period. Sheaff Brock Investment Advisors LLC grew its stake in shares of Booking by 0.5% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock worth $1,854,000 after acquiring an additional 2 shares during the period. Nicolet Advisory Services LLC increased its holdings in Booking by 0.8% in the 1st quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider’s stock worth $1,070,000 after acquiring an additional 2 shares during the last quarter. MGB Wealth Management LLC raised its stake in Booking by 3.6% in the 1st quarter. MGB Wealth Management LLC now owns 57 shares of the business services provider’s stock valued at $263,000 after acquiring an additional 2 shares during the period. Finally, WP Advisors LLC boosted its position in Booking by 0.3% during the first quarter. WP Advisors LLC now owns 638 shares of the business services provider’s stock worth $2,937,000 after purchasing an additional 2 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

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.