Fenimore Asset Management Inc Sells 23 Shares of Booking Holdings Inc. $BKNG

Fenimore Asset Management Inc trimmed its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 0.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,934 shares of the business services provider’s stock after selling 23 shares during the quarter. Booking comprises about 2.3% of Fenimore Asset Management Inc’s investment portfolio, making the stock its 17th biggest holding. Fenimore Asset Management Inc’s holdings in Booking were worth $115,403,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Kingswood Wealth Advisors LLC increased its position in Booking by 27.3% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 182 shares of the business services provider’s stock valued at $844,000 after buying an additional 39 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Booking in the first quarter worth $203,000. Overbrook Management Corp increased its holdings in shares of Booking by 49.5% during the second quarter. Overbrook Management Corp now owns 3,314 shares of the business services provider’s stock valued at $19,186,000 after acquiring an additional 1,098 shares in the last quarter. United Services Automobile Association purchased a new position in shares of Booking in the 1st quarter worth about $3,592,000. Finally, Perigon Wealth Management LLC boosted its stake in Booking by 9.4% in the 1st quarter. Perigon Wealth Management LLC now owns 278 shares of the business services provider’s stock worth $1,281,000 after purchasing an additional 24 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Price Performance

Shares of NASDAQ:BKNG opened at $5,418.05 on Monday. The company 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. Booking Holdings Inc. has a 1-year low of $4,096.23 and a 1-year high of $5,839.41. The firm’s 50 day simple moving average is $5,524.95 and its two-hundred day simple moving average is $5,307.41.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating the consensus estimate of $50.32 by $5.08. The firm had revenue of $6.80 billion for the quarter, compared to the consensus estimate 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 was up 16.0% on a year-over-year basis. During the same period last year, the firm earned $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were paid a dividend of $9.60 per share. This represents a $38.40 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, September 5th. Booking’s dividend payout ratio (DPR) is 26.71%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BKNG. Mizuho assumed coverage on shares of Booking in a research note on Monday, September 29th. They set a “neutral” rating and a $5,975.00 price objective for the company. B. Riley reissued a “buy” rating and set a $6,700.00 price target (up previously from $6,100.00) on shares of Booking in a research report on Wednesday, July 30th. Erste Group Bank upgraded shares of Booking from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. UBS Group lifted their target price on Booking from $5,750.00 to $6,300.00 and gave the stock a “buy” rating in a report on Monday, July 28th. Finally, Truist Financial upped their price target on Booking from $4,720.00 to $5,630.00 and gave the company a “hold” rating in a report on Monday, July 14th. Three research 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’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $5,807.89.

Insider Activity

In other Booking news, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction on 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. The trade was a 1.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Larry Quinlan sold 64 shares of the business’s stock in a transaction on Monday, September 15th. The stock was 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 approximately $722,045.80. The trade was a 32.82% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,195 shares of company stock worth $23,467,630 over the last quarter. 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.