40 Shares in Booking Holdings Inc. $BKNG Acquired by TI Trust Inc.

TI Trust Inc. purchased a new position in shares of Booking Holdings Inc. (NASDAQ:BKNGFree Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 40 shares of the business services provider’s stock, valued at approximately $232,000.

Several other institutional investors and hedge funds have also bought and sold shares of BKNG. Wealth Preservation Advisors LLC bought a new position in Booking during the 1st quarter worth approximately $28,000. Atwood & Palmer Inc. bought a new position in shares of Booking during the second quarter valued at about $29,000. Keystone Global Partners LLC bought a new position in shares of Booking during the first quarter valued at about $32,000. O Brien Wealth Partners LLC bought a new position in shares of Booking during the second quarter valued at about $35,000. Finally, First PREMIER Bank raised its stake in shares of Booking by 100.0% during the second quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock valued at $35,000 after acquiring an additional 3 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Hsbc Global Res raised shares of Booking to a “strong-buy” rating in a research note on Thursday, July 17th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Booking in a research note on Wednesday, July 30th. Barclays upped their price objective on shares of Booking from $5,700.00 to $6,000.00 and gave the company an “overweight” rating in a research note on Wednesday, July 30th. Piper Sandler reaffirmed a “neutral” rating and set a $5,750.00 price objective (up from $5,077.00) on shares of Booking in a research note on Wednesday, July 30th. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Booking in a research note on Saturday, September 27th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $5,808.81.

Check Out Our Latest Stock Report on Booking

Booking Price Performance

BKNG stock opened at $5,242.00 on Wednesday. Booking Holdings Inc. has a 1 year low of $4,096.23 and a 1 year high of $5,839.41. The company has a market cap of $169.89 billion, a P/E ratio of 36.46, a PEG ratio of 1.56 and a beta of 1.35. The firm has a 50-day moving average of $5,512.80 and a 200 day moving average of $5,312.53.

Booking (NASDAQ:BKNGGet Free Report) last released its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $50.32 by $5.08. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The company had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. During the same period in the prior year, the firm earned $41.90 earnings per share. Booking’s revenue was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were issued a $9.60 dividend. This represents a $38.40 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Friday, September 5th. Booking’s dividend payout ratio is 26.71%.

Insiders Place Their Bets

In other Booking news, Director Vanessa Ames Wittman sold 15 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $5,500.00, for a total value of $82,500.00. Following the sale, the director owned 747 shares in the company, valued at approximately $4,108,500. This represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the completion of the sale, the director owned 131 shares in the company, valued at approximately $722,045.80. This trade represents a 32.82% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,195 shares of company stock worth $23,467,630. 0.16% of the stock is currently owned by company insiders.

Booking Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BKNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booking Holdings Inc. (NASDAQ:BKNGFree Report).

Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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