Booking Holdings Inc. $BKNG Shares Sold by V Square Quantitative Management LLC

Key Points

• V Square Quantitative Management LLC reduced its holdings in Booking Holdings Inc. by 22.9% during the 2nd quarter, leaving them with 540 shares valued at approximately $3.1 million.
• Booking's recent earnings report showed $55.40 earnings per share, surpassing analyst expectations, with revenue for the quarter at $6.80 billion—an increase of 16.0% year-over-year.
• The company announced a quarterly dividend of $9.60 per share, translating to an annualized dividend yield of 0.7%, with a payout ratio of 26.71%.

V Square Quantitative Management LLC decreased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 22.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 540 shares of the business services provider's stock after selling 160 shares during the quarter. V Square Quantitative Management LLC's holdings in Booking were worth $3,126,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in BKNG. Pacer Advisors Inc. lifted its holdings in shares of Booking by 1,411.9% during the 1st quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider's stock valued at $516,900,000 after acquiring an additional 104,780 shares in the last quarter. AQR Capital Management LLC increased its stake in Booking by 79.4% during the 1st quarter. AQR Capital Management LLC now owns 154,206 shares of the business services provider's stock worth $695,259,000 after buying an additional 68,243 shares during the period. TD Asset Management Inc increased its stake in Booking by 182.2% during the 1st quarter. TD Asset Management Inc now owns 104,643 shares of the business services provider's stock worth $482,081,000 after buying an additional 67,562 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Booking by 27.8% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 181,515 shares of the business services provider's stock worth $836,223,000 after buying an additional 39,523 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in Booking by 19.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 213,529 shares of the business services provider's stock worth $983,707,000 after buying an additional 35,171 shares during the period. Institutional investors and hedge funds own 92.42% of the company's stock.

Booking Stock Performance

BKNG opened at $5,548.00 on Monday. The company has a 50-day moving average of $5,553.44 and a 200-day moving average of $5,276.88. The company has a market capitalization of $179.81 billion, a P/E ratio of 38.58, a PEG ratio of 1.60 and a beta of 1.39. Booking Holdings Inc. has a 1-year low of $4,060.98 and a 1-year high of $5,839.41.

Booking (NASDAQ:BKNG - Get Free Report) last released its earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share 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 company had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. During the same quarter in the previous year, the firm earned $41.90 EPS. The company's revenue was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, September 5th will be given a dividend of $9.60 per share. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, September 5th. Booking's dividend payout ratio is currently 26.71%.

Insider Activity at Booking

In related news, Director Vanessa Ames Wittman sold 15 shares of the business's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $5,500.00, for a total transaction of $82,500.00. Following the completion of the sale, the director owned 747 shares of the company's stock, valued at $4,108,500. This represents a 1.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Larry Quinlan sold 64 shares of the business's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the sale, the director directly owned 131 shares of the company's stock, valued at approximately $722,045.80. This represents a 32.82% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,195 shares of company stock valued at $23,467,630 in the last quarter. Insiders own 0.16% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Bank of America lifted their price target on shares of Booking from $5,820.00 to $5,850.00 and gave the stock a "neutral" rating in a research note on Thursday, July 24th. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Booking in a research note on Wednesday, July 30th. Barclays lifted their price target on shares of Booking from $5,700.00 to $6,000.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 30th. Truist Financial lifted their price target on shares of Booking from $4,720.00 to $5,630.00 and gave the stock a "hold" rating in a research note on Monday, July 14th. Finally, Susquehanna lifted their price target on shares of Booking from $6,000.00 to $6,500.00 and gave the stock a "positive" rating in a research note on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $5,808.81.

Booking 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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