Aubrey Capital Management Ltd Sells 200 Shares of Booking Holdings Inc. $BKNG

Key Points

• Aubrey Capital Management Ltd reduced its stake in Booking Holdings by 25.0%, selling 200 shares and holding 600 shares valued at $3,472,000.
• Insider activity shows that both CEO Glenn D. Fogel and Director Vanessa Ames Wittman sold shares in transactions on October 15th, reducing their ownership percentages by 2.65% and 2.01% respectively.
• Booking Holdings reported quarterly earnings well above analyst estimates, with $55.40 earnings per share and a 16.0% increase in revenue compared to the previous year.

Aubrey Capital Management Ltd lessened its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 25.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 600 shares of the business services provider's stock after selling 200 shares during the quarter. Booking makes up about 1.3% of Aubrey Capital Management Ltd's portfolio, making the stock its 27th biggest position. Aubrey Capital Management Ltd's holdings in Booking were worth $3,472,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Booking by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 2,956,462 shares of the business services provider's stock valued at $13,620,154,000 after acquiring an additional 30,054 shares during the period. Northern Trust Corp increased its holdings in shares of Booking by 0.5% in the 1st quarter. Northern Trust Corp now owns 370,327 shares of the business services provider's stock valued at $1,706,063,000 after acquiring an additional 1,699 shares during the period. Deutsche Bank AG increased its holdings in shares of Booking by 6.6% in the 1st quarter. Deutsche Bank AG now owns 296,331 shares of the business services provider's stock valued at $1,365,170,000 after acquiring an additional 18,268 shares during the period. Nordea Investment Management AB increased its holdings in shares of Booking by 9.5% in the 2nd quarter. Nordea Investment Management AB now owns 226,608 shares of the business services provider's stock valued at $1,297,331,000 after acquiring an additional 19,578 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Booking by 3.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 222,200 shares of the business services provider's stock valued at $1,023,655,000 after acquiring an additional 8,015 shares during the period. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Vanessa Ames Wittman sold 15 shares of the business's stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $5,291.98, for a total transaction of $79,379.70. Following the sale, the director directly owned 732 shares of the company's stock, valued at $3,873,729.36. The trade was a 2.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Glenn D. Fogel sold 625 shares of the business's stock in a transaction on Wednesday, October 15th. The shares were 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 $118,162,642.46. This trade represents a 2.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,197 shares of company stock valued at $17,260,963 over the last ninety days. 0.16% of the stock is currently owned by insiders.

Booking Price Performance

Shares of BKNG opened at $4,952.31 on Friday. The firm has a market capitalization of $160.50 billion, a PE ratio of 34.44, a price-to-earnings-growth ratio of 1.57 and a beta of 1.35. Booking Holdings Inc. has a 1-year low of $4,096.23 and a 1-year high of $5,839.41. The company's fifty day moving average price is $5,465.79 and its 200-day moving average price is $5,329.75.

Booking (NASDAQ:BKNG - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, beating analysts' consensus estimates of $50.32 by $5.08. The firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The business's quarterly revenue was up 16.0% compared to the same quarter last year. During the same period in the previous year, the company earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th were issued 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 dividend yield of 0.8%. Booking's payout ratio is 26.71%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. UBS Group lifted their price target on Booking from $5,750.00 to $6,300.00 and gave the company a "buy" rating in a report on Monday, July 28th. Royal Bank Of Canada lifted their price target on shares of Booking from $5,900.00 to $6,100.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. Erste Group Bank raised shares of Booking from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Booking in a report on Tuesday. Finally, BMO Capital Markets reaffirmed an "outperform" rating and issued a $6,000.00 price target (up from $5,700.00) on shares of Booking in a report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have given a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus 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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