Booking Holdings Inc. $BKNG Shares Bought by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC boosted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 9.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 80 shares of the business services provider’s stock after buying an additional 7 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Booking were worth $461,000 as of its most recent SEC filing.

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

Insiders Place Their Bets

In other Booking news, CEO Glenn D. Fogel sold 625 shares of the business’s stock in a transaction on 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 directly owned 22,982 shares in the company, valued at approximately $118,162,642.46. The trade was a 2.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Larry Quinlan sold 64 shares of the business’s stock in a transaction 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 sale, the director owned 131 shares in the company, 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 ninety days, insiders have sold 3,197 shares of company stock worth $17,260,963. 0.16% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

BKNG has been the topic of a number of recent research reports. Erste Group Bank raised Booking from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. BTIG Research restated a “buy” rating and issued a $6,250.00 price target on shares of Booking in a research note on Wednesday, October 8th. Weiss Ratings restated a “buy (b)” rating on shares of Booking in a research note on Tuesday, October 14th. Hsbc Global Res upgraded Booking to a “strong-buy” rating in a research note on Thursday, July 17th. Finally, Wedbush restated a “neutral” rating and issued a $5,900.00 price target on shares of Booking in a research note on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $5,994.00.

Booking Stock Performance

BKNG opened at $5,230.59 on Thursday. The business’s fifty day moving average is $5,446.77 and its two-hundred day moving average is $5,347.81. The company has a market cap of $169.52 billion, a price-to-earnings ratio of 36.38, a PEG ratio of 1.64 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 posted its earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, topping analysts’ consensus estimates of $50.32 by $5.08. The company had revenue of $6.80 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the business earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. On average, analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Dividend Announcement

The company also recently announced 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. This represents a $38.40 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Friday, September 5th. Booking’s payout ratio is presently 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.