88 Shares in Booking Holdings Inc. $BKNG Purchased by Anderson Financial Strategies LLC

Key Points

• Anderson Financial Strategies LLC purchased 88 shares of Booking Holdings Inc. for approximately $405,000, marking their first investment in the company in the first quarter.
• Several institutional investors, including Vanguard Group and GAMMA Investing LLC, significantly increased their stakes in Booking Holdings, collectively owning over 92% of the stock.
• Booking's CEO, Glenn D. Fogel, sold 1,013 shares at an average price of $5,476.89, reducing his ownership by 3.95%, while insiders sold a total of 4,116 shares valued at over $22 million in the last 90 days.

Anderson Financial Strategies LLC acquired a new position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 88 shares of the business services provider's stock, valued at approximately $405,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Booking by 1.0% in the first quarter. Vanguard Group Inc. now owns 2,956,462 shares of the business services provider's stock worth $13,620,154,000 after purchasing an additional 30,054 shares during the period. GAMMA Investing LLC increased its position in Booking by 521,609.7% in the first quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider's stock worth $10,887,718,000 after purchasing an additional 2,362,892 shares during the period. Northern Trust Corp increased its position in Booking by 0.5% in the first quarter. Northern Trust Corp now owns 370,327 shares of the business services provider's stock worth $1,706,063,000 after purchasing an additional 1,699 shares during the period. Deutsche Bank AG grew its position in shares of Booking by 6.6% during the 1st quarter. Deutsche Bank AG now owns 296,331 shares of the business services provider's stock worth $1,365,170,000 after buying an additional 18,268 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Booking by 3.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 222,200 shares of the business services provider's stock worth $1,023,655,000 after buying an additional 8,015 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the company's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total transaction of $5,548,089.57. Following the completion of the transaction, the chief executive officer owned 24,620 shares of the company's stock, valued at $134,841,031.80. This represents a 3.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Larry Quinlan sold 64 shares of the company's stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $5,587.11, for a total value of $357,575.04. Following the transaction, the director directly owned 195 shares of the company's stock, valued at approximately $1,089,486.45. This trade represents a 24.71% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,116 shares of company stock valued at $22,869,434. Insiders own 0.16% of the company's stock.

Booking Stock Performance

Shares of BKNG opened at $5,474.81 on Thursday. The stock has a 50 day simple moving average of $5,603.77 and a 200 day simple moving average of $5,208.48. Booking Holdings Inc. has a 52-week low of $3,719.34 and a 52-week high of $5,839.41. The firm has a market capitalization of $177.44 billion, a PE ratio of 38.08, a P/E/G ratio of 1.61 and a beta of 1.39.

Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings data 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. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The business had revenue of $6.80 billion during the quarter, compared to analyst estimates of $6.54 billion. During the same period in the previous year, the firm earned $41.90 EPS. Booking's quarterly revenue was up 16.0% compared to the same quarter last year. Booking has set its Q3 2025 guidance at EPS. Equities research analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th will be given a dividend of $9.60 per share. The ex-dividend date of this dividend is 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%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on BKNG shares. Susquehanna boosted their target price on Booking from $6,000.00 to $6,500.00 and gave the stock a "positive" rating in a research report on Friday, August 1st. Citigroup boosted their target price on Booking from $5,560.00 to $6,500.00 and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Erste Group Bank upgraded Booking from a "hold" rating to a "buy" rating in a research report on Tuesday, August 5th. Evercore ISI boosted their target price on Booking from $5,500.00 to $6,250.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. Finally, Royal Bank Of Canada boosted their target price on Booking from $5,900.00 to $6,100.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $5,808.81.

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.

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