14 Shares in Booking Holdings Inc. $BKNG Purchased by Bear Mountain Capital Inc.

Bear Mountain Capital Inc. bought a new position in Booking Holdings Inc. (NASDAQ:BKNG) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 14 shares of the business services provider’s stock, valued at approximately $80,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Wealth Preservation Advisors LLC bought a new stake in Booking in the 1st quarter worth about $28,000. Atwood & Palmer Inc. bought a new stake in Booking in the 2nd quarter worth about $29,000. Keystone Global Partners LLC bought a new stake in Booking in the 1st quarter worth about $32,000. O Brien Wealth Partners LLC bought a new stake in Booking in the 2nd quarter worth about $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 in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Insider Buying and Selling

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 24,620 shares in the company, valued at $134,841,031.80. This represents a 3.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Vanessa Ames Wittman sold 15 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total transaction of $82,500.00. Following the completion of the sale, the director owned 747 shares in the company, valued at $4,108,500. This represents a 1.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,195 shares of company stock valued at $23,467,630. Company insiders own 0.16% of the company’s stock.

Booking Trading Down 3.3%

BKNG opened at $5,242.00 on Wednesday. The company has a 50 day moving average of $5,512.80 and a 200 day moving average of $5,312.53. The company has a market cap of $169.89 billion, a PE ratio of 36.46, 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.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, topping the consensus estimate of $50.32 by $5.08. The company had revenue of $6.80 billion during 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%. Booking’s revenue for the quarter 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. Research analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Announces Dividend

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

Analysts Set New Price Targets

BKNG has been the subject of a number of recent analyst reports. Evercore ISI upped their price objective on shares of Booking from $5,500.00 to $6,250.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Mizuho initiated coverage on shares of Booking in a research report on Monday, September 29th. They issued a “neutral” rating and a $5,975.00 price objective for the company. Citigroup increased their target price on shares of Booking from $5,560.00 to $6,500.00 and gave the company a “buy” rating in a research report on Wednesday, July 30th. Wells Fargo & Company increased their target price on shares of Booking from $5,418.00 to $5,443.00 and gave the company an “equal weight” rating in a research report on Monday. Finally, Morgan Stanley set a $5,650.00 target price on shares of Booking and gave the company an “equal weight” rating in a research report on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, Booking currently has an average rating of “Moderate Buy” and a consensus price target of $5,808.81.

Booking Company 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.