Booking Holdings Inc. $BKNG Position Boosted by Olympiad Research LP

Olympiad Research LP raised its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 52.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84 shares of the business services provider’s stock after acquiring an additional 29 shares during the period. Booking makes up 0.8% of Olympiad Research LP’s holdings, making the stock its 18th largest position. Olympiad Research LP’s holdings in Booking were worth $486,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. WNY Asset Management LLC lifted its holdings in Booking by 3.7% in the first quarter. WNY Asset Management LLC now owns 56 shares of the business services provider’s stock worth $258,000 after purchasing an additional 2 shares during the period. Gries Financial LLC raised its position in shares of Booking by 1.6% during the 1st quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock worth $576,000 after buying an additional 2 shares in the last quarter. Sheaff Brock Investment Advisors LLC lifted its stake in shares of Booking by 0.5% in 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 boosted its holdings in shares of Booking by 0.8% in the first quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider’s stock valued at $1,070,000 after acquiring an additional 2 shares in the last quarter. Finally, MGB Wealth Management LLC increased its stake in shares of Booking by 3.6% during the first 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. Institutional investors own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BKNG. Deutsche Bank Aktiengesellschaft lifted their price target on Booking from $6,723.00 to $6,790.00 and gave the company a “buy” rating in a research report on Tuesday, October 21st. Royal Bank Of Canada lifted their target price on Booking from $5,900.00 to $6,100.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Booking in a research report on Tuesday. Robert W. Baird set a $6,325.00 price objective on shares of Booking in a research report on Wednesday, October 29th. Finally, The Goldman Sachs Group lifted their price objective on shares of Booking from $5,640.00 to $6,050.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $6,121.23.

Insider Activity at Booking

In other news, insider Paulo Pisano sold 200 shares of the company’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $5,000.00, for a total value of $1,000,000.00. Following the transaction, the insider owned 1,514 shares in the company, valued at $7,570,000. This represents a 11.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Vanessa Ames Wittman sold 15 shares of the stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $5,291.98, for a total transaction of $79,379.70. Following the completion of the sale, the director directly owned 732 shares of the company’s stock, valued at $3,873,729.36. This trade represents a 2.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 2,424 shares of company stock worth $12,912,874. Company insiders own 0.16% of the company’s stock.

Booking Price Performance

Shares of BKNG opened at $5,075.61 on Friday. Booking Holdings Inc. has a one year low of $4,096.23 and a one year high of $5,839.41. The company has a 50-day moving average of $5,270.88 and a two-hundred day moving average of $5,410.67. The stock has a market cap of $163.61 billion, a price-to-earnings ratio of 32.99, a PEG ratio of 1.57 and a beta of 1.34.

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

Booking Dividend Announcement

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

Booking Profile

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.