Booking Holdings Inc. $BKNG Shares Purchased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC grew its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 60.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 184 shares of the business services provider’s stock after buying an additional 69 shares during the period. Chicago Partners Investment Group LLC’s holdings in Booking were worth $1,056,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BKNG. Brighton Jones LLC boosted its stake in Booking by 34.9% during the 4th quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock worth $1,249,000 after purchasing an additional 65 shares during the last quarter. Revolve Wealth Partners LLC acquired a new stake in Booking during the 4th quarter worth $209,000. GAMMA Investing LLC boosted its stake in Booking by 13.2% during the 1st quarter. GAMMA Investing LLC now owns 513 shares of the business services provider’s stock worth $2,363,000 after purchasing an additional 60 shares during the last quarter. Advisor Resource Council acquired a new stake in Booking during the 1st quarter worth $253,000. Finally, PFG Investments LLC boosted its stake in Booking by 4.9% during the 1st quarter. PFG Investments LLC now owns 129 shares of the business services provider’s stock worth $592,000 after purchasing an additional 6 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Trading Up 1.4%

Shares of BKNG opened at $5,141.88 on Tuesday. The firm has a market cap of $166.65 billion, a P/E ratio of 35.76, a price-to-earnings-growth ratio of 1.57 and a beta of 1.35. Booking Holdings Inc. has a 12-month low of $4,096.23 and a 12-month high of $5,839.41. The company’s 50-day moving average price is $5,454.63 and its 200 day moving average price is $5,349.06.

Booking (NASDAQ:BKNG) last issued its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $50.32 by $5.08. The firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. Booking’s revenue was up 16.0% on a year-over-year basis. During the same period in the previous year, the firm earned $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

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

Wall Street Analyst Weigh In

BKNG has been the topic of several recent research reports. Mizuho initiated coverage on shares of Booking in a research note on Monday, September 29th. They set a “neutral” rating and a $5,975.00 target price on the stock. Barclays boosted their price target on shares of Booking from $5,700.00 to $6,000.00 and gave the company an “overweight” rating in a research report on Wednesday, July 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Booking in a research report on Tuesday, October 14th. Susquehanna boosted their price target on shares of Booking from $6,000.00 to $6,500.00 and gave the company a “positive” rating in a research report on Friday, August 1st. Finally, Bank of America boosted their price target on shares of Booking from $5,820.00 to $5,850.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, Booking presently has an average rating of “Moderate Buy” and a consensus target price of $5,808.81.

Insiders Place Their Bets

In other Booking news, Director Larry Quinlan sold 64 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the sale, the director directly owned 131 shares in the company, valued at $722,045.80. This represents a 32.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Glenn D. Fogel sold 625 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $5,141.53, for a total transaction of $3,213,456.25. Following the sale, the chief executive officer owned 22,982 shares in the company, valued at $118,162,642.46. This trade represents a 2.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,197 shares of company stock worth $17,260,963 over the last three months. Company insiders own 0.16% of the company’s stock.

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.