Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by Apollon Wealth Management LLC

Apollon Wealth Management LLC lifted its position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 23.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 893 shares of the business services provider's stock after buying an additional 170 shares during the period. Apollon Wealth Management LLC's holdings in Booking were worth $4,115,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC boosted its holdings in shares of Booking by 521,609.7% in the 1st quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider's stock valued at $10,887,718,000 after acquiring an additional 2,362,892 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Booking by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 803,125 shares of the business services provider's stock worth $3,986,244,000 after buying an additional 6,009 shares in the last quarter. Norges Bank purchased a new stake in Booking during the fourth quarter worth $1,958,352,000. Northern Trust Corp boosted its holdings in Booking by 18.8% during the fourth quarter. Northern Trust Corp now owns 368,628 shares of the business services provider's stock worth $1,831,499,000 after buying an additional 58,357 shares in the last quarter. Finally, Sanders Capital LLC boosted its holdings in Booking by 1.4% during the fourth quarter. Sanders Capital LLC now owns 285,064 shares of the business services provider's stock worth $1,416,318,000 after buying an additional 3,926 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company's stock.

Booking Trading Up 0.5%

BKNG stock traded up $25.81 on Thursday, hitting $5,683.94. The company's stock had a trading volume of 141,459 shares, compared to its average volume of 248,195. The firm has a 50 day moving average of $5,479.02 and a two-hundred day moving average of $5,011.47. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,839.41. The stock has a market cap of $184.96 billion, a price-to-earnings ratio of 35.36, a price-to-earnings-growth ratio of 1.74 and a beta of 1.40.

Booking (NASDAQ:BKNG - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The business services provider reported $24.81 EPS for the quarter, beating the consensus estimate of $17.57 by $7.24. Booking had a net margin of 22.58% and a negative return on equity of 143.67%. The firm had revenue of $4.76 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter in the prior year, the firm earned $20.39 EPS. Booking's revenue for the quarter was up 7.9% on a year-over-year basis. As a group, equities analysts forecast that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 6th were paid a $9.60 dividend. The ex-dividend date was Friday, June 6th. This represents a $38.40 annualized dividend and a yield of 0.68%. Booking's dividend payout ratio is currently 23.89%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. UBS Group lowered their price target on shares of Booking from $5,960.00 to $5,557.00 and set a "buy" rating on the stock in a report on Monday, April 28th. BMO Capital Markets increased their price target on shares of Booking from $5,000.00 to $5,700.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Robert W. Baird increased their price objective on shares of Booking from $5,550.00 to $5,700.00 and gave the company an "outperform" rating in a report on Wednesday, April 30th. JPMorgan Chase & Co. increased their price objective on shares of Booking from $5,360.00 to $6,000.00 and gave the company an "overweight" rating in a report on Wednesday, June 4th. Finally, Bank of America increased their price objective on shares of Booking from $5,580.00 to $5,820.00 and gave the company a "neutral" rating in a report on Monday, June 9th. Ten investment analysts have rated the stock with a hold rating, twenty have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Booking currently has a consensus rating of "Moderate Buy" and a consensus target price of $5,453.15.

Insider Transactions at Booking

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the business's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $5,695.00, for a total value of $5,769,035.00. Following the transaction, the chief executive officer directly owned 26,633 shares of the company's stock, valued at approximately $151,674,935. The trade was a 3.66% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders have sold 3,039 shares of company stock valued at $16,963,769. Insiders own 0.16% of the company's stock.

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.