Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lowered its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 55.8% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 140 shares of the business services provider’s stock after selling 177 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Booking were worth $590,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in BKNG. Jamison Private Wealth Management Inc. purchased a new stake in shares of Booking in the third quarter worth about $25,000. Grove Bank & Trust grew its stake in shares of Booking by 133.3% during the 2nd quarter. Grove Bank & Trust now owns 7 shares of the business services provider’s stock worth $28,000 after purchasing an additional 4 shares during the period. POM Investment Strategies LLC purchased a new position in shares of Booking during the 2nd quarter valued at approximately $28,000. Kings Path Partners LLC acquired a new position in shares of Booking in the 2nd quarter valued at $28,000. Finally, West Financial Advisors LLC purchased a new stake in Booking during the third quarter worth $29,000. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

BKNG has been the topic of a number of analyst reports. Truist Financial raised their target price on Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. Wedbush upped their target price on Booking from $3,900.00 to $4,750.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Wells Fargo & Company lifted their price target on shares of Booking from $3,976.00 to $4,173.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. DA Davidson upped their price objective on shares of Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $3,590.00 target price on shares of Booking in a research report on Monday, October 7th. Ten investment analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Booking currently has an average rating of “Moderate Buy” and an average target price of $4,785.00.

Insider Buying and Selling

In other Booking news, insider Paulo Pisano sold 100 shares of Booking stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $3,887.61, for a total value of $388,761.00. Following the completion of the sale, the insider now directly owns 3,787 shares of the company’s stock, valued at approximately $14,722,379.07. The trade was a 2.57 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.12% of the stock is currently owned by corporate insiders.

Booking Trading Up 0.8 %

Shares of NASDAQ:BKNG opened at $5,016.43 on Thursday. The firm has a 50 day simple moving average of $4,431.19 and a 200-day simple moving average of $4,019.06. Booking Holdings Inc. has a twelve month low of $3,079.50 and a twelve month high of $5,069.44. The company has a market capitalization of $166.04 billion, a PE ratio of 34.04, a P/E/G ratio of 1.55 and a beta of 1.38.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th will be given a dividend of $8.75 per share. The ex-dividend date is Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.70%. Booking’s payout ratio is currently 23.75%.

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.