Booking Holdings Inc. $BKNG Shares Sold by Evergreen Wealth Management LLC

Evergreen Wealth Management LLC decreased its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 5.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 266 shares of the business services provider’s stock after selling 16 shares during the period. Evergreen Wealth Management LLC’s holdings in Booking were worth $1,538,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of BKNG. Pacer Advisors Inc. grew its stake in shares of Booking by 1,411.9% in the first quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider’s stock worth $516,900,000 after acquiring an additional 104,780 shares in the last quarter. AQR Capital Management LLC grew its holdings in Booking by 79.4% during the 1st quarter. AQR Capital Management LLC now owns 154,206 shares of the business services provider’s stock worth $695,259,000 after acquiring an additional 68,243 shares in the last quarter. TD Asset Management Inc grew its holdings in Booking by 182.2% during the 1st quarter. TD Asset Management Inc now owns 104,643 shares of the business services provider’s stock worth $482,081,000 after acquiring an additional 67,562 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Booking by 27.8% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 181,515 shares of the business services provider’s stock worth $836,223,000 after acquiring an additional 39,523 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Booking by 19.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 213,529 shares of the business services provider’s stock worth $983,707,000 after acquiring an additional 35,171 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Insider Activity at Booking

In related news, Director Vanessa Ames Wittman sold 15 shares of the company’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $5,291.98, for a total value of $79,379.70. Following the completion of the sale, the director owned 732 shares in the company, valued at $3,873,729.36. This represents a 2.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction on 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 completion of the sale, the director owned 131 shares of the company’s stock, valued at approximately $722,045.80. This trade represents a 32.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,197 shares of company stock worth $17,260,963 in the last 90 days. 0.16% of the stock is owned by insiders.

Analyst Ratings Changes

BKNG has been the subject of several analyst reports. Bank of America boosted their price target on shares of Booking from $5,820.00 to $5,850.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. DA Davidson boosted their price target on shares of Booking from $5,750.00 to $6,500.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Wedbush reiterated a “neutral” rating and set a $5,900.00 price target on shares of Booking in a report on Wednesday, July 30th. Wells Fargo & Company boosted their price target on shares of Booking from $5,418.00 to $5,443.00 and gave the stock an “equal weight” rating in a report on Monday, October 6th. Finally, Gordon Haskett boosted their price target on shares of Booking from $5,310.00 to $5,680.00 in a report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Booking presently has a consensus rating of “Moderate Buy” and a consensus price target of $6,011.82.

Booking Trading Down 2.5%

Shares of NASDAQ:BKNG opened at $5,120.57 on Wednesday. The company has a market capitalization of $165.96 billion, a PE ratio of 35.61, a P/E/G ratio of 1.63 and a beta of 1.35. Booking Holdings Inc. has a twelve month low of $4,096.23 and a twelve month high of $5,839.41. The firm has a 50 day simple moving average of $5,417.96 and a 200-day simple moving average of $5,382.85.

Booking (NASDAQ:BKNG) last issued 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 business had revenue of $9.01 billion during the quarter, compared to the consensus estimate of $8.71 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The company’s revenue was up 12.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $83.39 EPS. Booking has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, equities research analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Company 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.