Three Bridge Wealth Advisors LLC Acquires Shares of 68 Booking Holdings Inc. $BKNG

Key Points

• Three Bridge Wealth Advisors LLC acquired 68 shares of Booking Holdings Inc. worth approximately $394,000 in the second quarter, highlighting growing interest among institutional investors in the company.
• Booking Holdings recently reported $55.40 earnings per share for the quarter, exceeding analysts' expectations, with revenues reaching $6.80 billion.
• The company declared a quarterly dividend of $9.60, representing an annualized yield of 0.7%, and has a dividend payout ratio of 26.71%.

Three Bridge Wealth Advisors LLC acquired a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 68 shares of the business services provider's stock, valued at approximately $394,000.

Several other institutional investors have also bought and sold shares of BKNG. Wealth Preservation Advisors LLC bought a new position in Booking during the first quarter valued at $28,000. Atwood & Palmer Inc. purchased a new stake in shares of Booking in the second quarter valued at $29,000. Keystone Global Partners LLC purchased a new stake in shares of Booking in the first quarter valued at $32,000. O Brien Wealth Partners LLC purchased a new stake in shares of Booking in the second quarter valued at $35,000. Finally, First PREMIER Bank raised its stake in shares of Booking by 100.0% in the second quarter. First PREMIER Bank now owns 6 shares of the business services provider's stock valued at $35,000 after acquiring an additional 3 shares during the period. Institutional investors own 92.42% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on BKNG shares. BMO Capital Markets reissued an "outperform" rating and issued a $6,000.00 target price (up previously from $5,700.00) on shares of Booking in a research note on Wednesday, July 30th. Erste Group Bank raised shares of Booking from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Piper Sandler reissued a "neutral" rating and issued a $5,750.00 target price (up previously from $5,077.00) on shares of Booking in a research note on Wednesday, July 30th. Hsbc Global Res raised shares of Booking to a "strong-buy" rating in a research note on Thursday, July 17th. Finally, UBS Group increased their target price on shares of Booking from $5,750.00 to $6,300.00 and gave the company a "buy" rating in a research note on Monday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $5,807.89.

Booking Stock Performance

NASDAQ:BKNG opened at $5,418.05 on Friday. Booking Holdings Inc. has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41. The stock has a market capitalization of $175.60 billion, a P/E ratio of 37.68, a P/E/G ratio of 1.56 and a beta of 1.35. The company's 50-day simple moving average is $5,524.95 and its 200-day simple moving average is $5,302.42.

Booking (NASDAQ:BKNG - Get Free Report) last released its quarterly earnings results 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. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The business had revenue of $6.80 billion for the quarter, compared to analysts' expectations of $6.54 billion. During the same period last year, the business earned $41.90 EPS. The company's revenue was up 16.0% compared to the same quarter last year. Booking has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th were issued a $9.60 dividend. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Friday, September 5th. Booking's dividend payout ratio (DPR) is currently 26.71%.

Insider Activity

In other news, Director Vanessa Ames Wittman sold 15 shares of the firm's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $5,500.00, for a total value of $82,500.00. Following the sale, the director directly owned 747 shares in the company, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their position. The transaction 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 firm'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 completion of the sale, the director owned 131 shares in the company, valued at $722,045.80. This represents a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,195 shares of company stock worth $23,467,630. Corporate insiders own 0.16% of the company's stock.

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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