Sequoia Financial Advisors LLC Has $6.09 Million Stock Position in Booking Holdings Inc. $BKNG

Sequoia Financial Advisors LLC lifted its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 20.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,052 shares of the business services provider’s stock after purchasing an additional 175 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Booking were worth $6,090,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wealth Preservation Advisors LLC acquired a new position in shares of Booking in the 1st quarter valued at approximately $28,000. Atwood & Palmer Inc. acquired a new stake in shares of Booking in the 2nd quarter valued at $29,000. Keystone Global Partners LLC acquired a new stake in shares of Booking in the 1st quarter valued at $32,000. O Brien Wealth Partners LLC bought a new stake in shares of Booking during the 2nd quarter worth $35,000. Finally, First PREMIER Bank raised its stake in Booking by 100.0% during the second quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after acquiring an additional 3 shares in the last quarter. Institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

BKNG has been the topic of several research reports. Hsbc Global Res raised shares of Booking to a “strong-buy” rating in a report on Thursday, July 17th. Citigroup raised their target price on shares of Booking from $5,560.00 to $6,500.00 and gave the company a “buy” rating in a research report on Wednesday, July 30th. DA Davidson increased their price target on Booking from $5,750.00 to $6,500.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Bank of America increased their price target on Booking from $5,820.00 to $5,850.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. Finally, Susquehanna upped their target price on Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a report on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $5,808.81.

Insider Buying and Selling at Booking

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the completion of the sale, the chief executive officer directly owned 23,607 shares in the company, valued at approximately $130,237,930.44. The trade was a 4.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total value 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. The trade was a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,169 shares of company stock valued at $11,929,560. 0.16% of the stock is currently owned by insiders.

Booking Price Performance

Booking stock opened at $5,253.85 on Tuesday. The stock’s 50 day moving average is $5,488.05 and its 200 day moving average is $5,329.42. The firm has a market cap of $170.28 billion, a P/E ratio of 36.54, a P/E/G ratio of 1.60 and a beta of 1.35. Booking Holdings Inc. has a one year low of $4,096.23 and a one year high of $5,839.41.

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

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were given a dividend of $9.60 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a yield of 0.7%. Booking’s dividend payout ratio is 26.71%.

About Booking

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.