Successful Portfolios LLC bought a new position in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 39 shares of the business services provider’s stock, valued at approximately $226,000.
Other institutional investors have also recently bought and sold shares of the company. Wealth Preservation Advisors LLC acquired a new stake in Booking in the 1st quarter worth $28,000. Atwood & Palmer Inc. acquired a new stake in Booking in the 2nd quarter worth $29,000. Keystone Global Partners LLC acquired a new stake in Booking in the 1st quarter worth $32,000. O Brien Wealth Partners LLC acquired a new stake in Booking in the 2nd quarter worth $35,000. Finally, First PREMIER Bank grew its position in Booking by 100.0% in the 2nd quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after purchasing an additional 3 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.
Insiders Place Their Bets
In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the business’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the completion of the transaction, the chief executive officer directly owned 24,620 shares of the company’s stock, valued at approximately $134,841,031.80. The trade was a 3.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Larry Quinlan sold 64 shares of the business’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $5,587.11, for a total transaction of $357,575.04. Following the completion of the transaction, the director directly owned 195 shares of the company’s stock, valued at approximately $1,089,486.45. This represents a 24.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,195 shares of company stock valued at $23,467,630. Insiders own 0.16% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Report on Booking
Booking Stock Down 0.1%
NASDAQ:BKNG opened at $5,418.05 on Friday. The firm has a market cap of $175.60 billion, a PE ratio of 37.68, a price-to-earnings-growth ratio of 1.56 and a beta of 1.35. Booking Holdings Inc. has a 12 month low of $4,096.23 and a 12 month high of $5,839.41. The company’s 50-day moving average price is $5,524.95 and its two-hundred day moving average price is $5,297.52.
Booking (NASDAQ:BKNG – Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS 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 company’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same period in the previous year, the business earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. On average, research analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.
Booking Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were given a $9.60 dividend. The ex-dividend date was Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a yield of 0.7%. Booking’s payout ratio is 26.71%.
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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