Crux Wealth Advisors boosted its holdings in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 2,530.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,756 shares of the business services provider's stock after acquiring an additional 16,119 shares during the period. Booking accounts for 1.0% of Crux Wealth Advisors' holdings, making the stock its 23rd biggest position. Crux Wealth Advisors' holdings in Booking were worth $2,987,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in the business. Brighton Jones LLC increased its holdings in shares of Booking by 34.9% in the fourth quarter. Brighton Jones LLC now owns 251 shares of the business services provider's stock valued at $1,249,000 after purchasing an additional 65 shares during the last quarter. Revolve Wealth Partners LLC bought a new position in shares of Booking during the fourth quarter worth approximately $209,000. Sivia Capital Partners LLC lifted its holdings in Booking by 25.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 165 shares of the business services provider's stock worth $955,000 after purchasing an additional 33 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in Booking by 50.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 87 shares of the business services provider's stock worth $504,000 after purchasing an additional 29 shares during the last quarter. Finally, Osterweis Capital Management Inc. acquired a new position in Booking in the 2nd quarter valued at $179,000. Institutional investors and hedge funds own 92.42% of the company's stock.
Insiders Place Their Bets
In related news, VP Peter J. Millones sold 62,500 shares of Booking stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $163.67, for a total transaction of $10,229,375.00. Following the sale, the vice president directly owned 425,075 shares of the company's stock, valued at approximately $69,572,025.25. The trade was a 12.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vanessa Ames Wittman sold 1,125 shares of the company's stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $192.00, for a total transaction of $216,000.00. Following the transaction, the director owned 16,508 shares of the company's stock, valued at $3,169,536. This trade represents a 6.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 89,625 shares of company stock worth $15,872,675. Insiders own 0.17% of the company's stock.
Booking Price Performance
NASDAQ BKNG opened at $213.34 on Friday. The business has a fifty day moving average price of $183.08 and a two-hundred day moving average price of $177.00. Booking Holdings Inc. has a fifty-two week low of $150.14 and a fifty-two week high of $231.80. The stock has a market capitalization of $160.30 billion, a PE ratio of 23.61, a PEG ratio of 1.28 and a beta of 1.07.
Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The business services provider reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.43 by $0.11. Booking had a negative return on equity of 102.96% and a net margin of 25.53%.The company had revenue of $7.35 billion for the quarter, compared to analyst estimates of $7.19 billion. During the same quarter last year, the company posted $55.40 EPS. The company's revenue for the quarter was up 8.1% compared to the same quarter last year. As a group, sell-side analysts expect that Booking Holdings Inc. will post 10.47 earnings per share for the current year.
Booking Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 11th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.68 annualized dividend and a yield of 0.8%. Booking's dividend payout ratio (DPR) is 18.58%.
Analyst Ratings Changes
A number of brokerages have recently issued reports on BKNG. Royal Bank Of Canada reduced their target price on shares of Booking from $244.00 to $220.00 and set an "outperform" rating for the company in a research report on Wednesday, April 29th. Gordon Haskett increased their target price on shares of Booking from $217.00 to $220.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. Benchmark raised their target price on shares of Booking from $220.00 to $250.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Cantor Fitzgerald boosted their price target on Booking from $175.00 to $220.00 and gave the company a "neutral" rating in a research note on Wednesday, August 5th. Finally, Barclays set a $210.00 price target on Booking and gave the stock an "overweight" rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat, Booking presently has a consensus rating of "Moderate Buy" and a consensus target price of $235.72.
View Our Latest Report on Booking
Booking Profile
(
Free Report)
Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company's businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.
Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.
Recommended Stories
Want to see what other hedge funds are holding BKNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booking Holdings Inc. (NASDAQ:BKNG - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Booking, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Booking wasn't on the list.
While Booking currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we’ll send you MarketBeat’s list of ten stocks set to soar in Summer 2026, despite the threat of tariffs and what's happening in Iran. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
