Pure Financial Advisors LLC purchased a new stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 5,688 shares of the business services provider's stock, valued at approximately $1,014,000.
Other hedge funds also recently bought and sold shares of the company. Transamerica Financial Advisors LLC bought a new stake in shares of Booking in the second quarter valued at approximately $248,000. Corient Private Wealth LP acquired a new position in Booking during the 2nd quarter valued at $107,091,000. Park West Asset Management LLC bought a new stake in Booking in the 2nd quarter valued at $10,338,000. Perennial Investment Advisors LLC bought a new stake in Booking in the 2nd quarter valued at $205,000. Finally, Philadelphia Investment Partners LLC acquired a new stake in Booking in the 2nd quarter worth $624,000. 92.42% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several analysts have recently weighed in on BKNG shares. Benchmark lifted their price objective on Booking from $220.00 to $250.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $230.00 price objective on shares of Booking in a report on Wednesday, August 5th. UBS Group lifted their price target on Booking from $266.00 to $274.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. DA Davidson set a $240.00 price objective on Booking in a report on Thursday, August 6th. Finally, JPMorgan Chase & Co. cut their target price on shares of Booking from $224.00 to $208.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $236.45.
Read Our Latest Analysis on BKNG
Insider Transactions at Booking
In other news, CFO Ewout L. Steenbergen sold 20,000 shares of the company's stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $211.03, for a total transaction of $4,220,600.00. Following the completion of the transaction, the chief financial officer directly owned 59,794 shares of the company's stock, valued at $12,618,327.82. This represents a 25.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert J. Mylod, Jr. sold 5,000 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $200.00, for a total value of $1,000,000.00. Following the transaction, the director owned 16,000 shares of the company's stock, valued at approximately $3,200,000. The trade was a 23.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 77,550 shares of company stock worth $16,112,304 in the last 90 days. Company insiders own 0.17% of the company's stock.
Booking News Summary
Here are the key news stories impacting Booking this week:
- Positive Sentiment: Analysts currently assign Booking Holdings an average “Moderate Buy” rating, indicating that Wall Street remains broadly optimistic about the company’s outlook. Booking Holdings Given Average Rating of Moderate Buy by Analysts
- Positive Sentiment: OpenTable, a Booking Holdings business, introduced more than 20 restaurant-focused product enhancements, including AI-powered search distribution, automation tools, and natural-language reporting. The rollout could strengthen OpenTable’s value proposition, improve restaurant engagement, and support longer-term growth in the company’s restaurant technology operations. OpenTable Launches New Product Features
- Neutral Sentiment: Chief Financial Officer Ewout Steenbergen will speak at the Goldman Sachs Communacopia + Technology Conference on September 9. The presentation could provide updated commentary on travel demand, margins, and strategy, but no new financial guidance was announced. Booking Holdings Goldman Sachs Conference Presentation
- Neutral Sentiment: CEO Glenn Fogel is scheduled to participate in a Citi Global TMT Conference session on September 8. The event may offer investors additional strategic insight, but the announcement itself has no immediate earnings impact. Booking Holdings Citi Conference Presentation
- Neutral Sentiment: A report discusses whether Wall Street is bullish or bearish on BKNG, highlighting the importance of analyst expectations and valuation in current trading. The headline alone does not establish a specific change in consensus. Booking Holdings Stock: Is Wall Street Bullish or Bearish?
- Negative Sentiment: Booking’s recent pullback may indicate investor caution after a substantial advance, particularly as valuation and the sustainability of travel-demand growth remain key considerations. The reported short-interest data showed zero shares and therefore provides no meaningful evidence of bearish short positioning.
Booking Stock Down 2.3%
BKNG opened at $208.89 on Thursday. The stock has a market cap of $156.96 billion, a P/E ratio of 23.12, a P/E/G ratio of 1.29 and a beta of 1.07. Booking Holdings Inc. has a 12 month low of $150.14 and a 12 month high of $227.72. The company has a fifty day simple moving average of $190.88 and a 200 day simple moving average of $177.38.
Booking (NASDAQ:BKNG - Get Free Report) last posted its earnings results on Monday, August 3rd. The business services provider reported $2.54 earnings per share for the quarter, topping 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 firm had revenue of $7.35 billion for the quarter, compared to analyst estimates of $7.19 billion. During the same period in the previous year, the company posted $55.40 earnings per share. The company's revenue for the quarter was up 8.1% on a year-over-year basis. On average, equities research analysts expect that Booking Holdings Inc. will post 10.47 earnings per share for the current fiscal year.
Booking Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 11th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, September 11th. Booking's dividend payout ratio (DPR) is presently 18.58%.
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.
Read More
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
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
