Booking Holdings Inc. $BKNG Shares Sold by Semmax Financial Advisors Inc.

Semmax Financial Advisors Inc. decreased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 1.8% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 1,318 shares of the business services provider’s stock after selling 24 shares during the period. Booking comprises 1.8% of Semmax Financial Advisors Inc.’s portfolio, making the stock its 10th biggest position. Semmax Financial Advisors Inc.’s holdings in Booking were worth $6,684,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of Booking by 34.9% in the 4th quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock valued at $1,249,000 after buying an additional 65 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in Booking in the 4th quarter valued at $209,000. Fire Capital Management LLC bought a new stake in Booking in the 4th quarter valued at $248,000. Graham Capital Management L.P. bought a new stake in Booking in the 4th quarter valued at $224,000. Finally, Minot DeBlois Advisors LLC bought a new position in Booking during the 4th quarter worth $50,000. Institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. UBS Group increased their price objective on Booking from $5,750.00 to $6,300.00 and gave the stock a “buy” rating in a research report on Monday, July 28th. Wells Fargo & Company raised their price objective on Booking from $5,411.00 to $5,418.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 30th. Royal Bank Of Canada raised their price objective on Booking from $5,900.00 to $6,100.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Morgan Stanley set a $5,650.00 price target on Booking and gave the company an “equal weight” rating in a research note on Wednesday, July 30th. Finally, JPMorgan Chase & Co. raised their price objective on Booking from $5,360.00 to $6,000.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 4th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $5,808.81.

Booking Stock Up 1.2%

Shares of NASDAQ:BKNG opened at $5,569.70 on Tuesday. The stock has a market cap of $180.51 billion, a price-to-earnings ratio of 38.73, a PEG ratio of 1.59 and a beta of 1.39. Booking Holdings Inc. has a 12-month low of $3,718.58 and a 12-month high of $5,839.41. The business’s 50 day moving average is $5,611.49 and its 200 day moving average is $5,204.07.

Booking (NASDAQ:BKNG) last announced its earnings results 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 company had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.Booking’s quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect 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 Tuesday, September 30th. Shareholders of record on Friday, September 5th will be given a $9.60 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $38.40 annualized dividend and a yield of 0.7%. Booking’s payout ratio is currently 26.71%.

Insiders Place Their Bets

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the business’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the transaction, the chief executive officer owned 24,620 shares of the company’s stock, valued at approximately $134,841,031.80. The trade was a 3.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 4,052 shares of company stock valued at $22,511,858 over the last 90 days. 0.16% of the stock is currently owned by insiders.

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.