Citizens National Bank Trust Department Has $1.31 Million Stock Position in Booking Holdings Inc. $BKNG

Citizens National Bank Trust Department cut its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 2.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 227 shares of the business services provider’s stock after selling 5 shares during the quarter. Citizens National Bank Trust Department’s holdings in Booking were worth $1,314,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kingswood Wealth Advisors LLC grew its stake in shares of Booking by 27.3% during the first quarter. Kingswood Wealth Advisors LLC now owns 182 shares of the business services provider’s stock worth $844,000 after buying an additional 39 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Booking during the 1st quarter valued at $203,000. United Services Automobile Association bought a new stake in Booking during the 1st quarter worth $3,592,000. Overbrook Management Corp grew its position in Booking by 49.5% during the 2nd quarter. Overbrook Management Corp now owns 3,314 shares of the business services provider’s stock worth $19,186,000 after acquiring an additional 1,098 shares during the last quarter. Finally, Perigon Wealth Management LLC increased its holdings 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. Institutional investors own 92.42% of the company’s stock.

Insider Buying and Selling

In other news, Director Vanessa Ames Wittman sold 15 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were 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 of the company’s stock, valued at $4,108,500. This trade represents a 1.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction on Monday, September 15th. The shares were sold at an average price of $5,516.92, for a total transaction of $5,588,639.96. Following the completion of the sale, the chief executive officer owned 23,607 shares of the company’s stock, valued at $130,237,930.44. This represents a 4.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,195 shares of company stock valued at $23,467,630 over the last 90 days. Company insiders own 0.16% of the company’s stock.

Booking Stock Performance

NASDAQ:BKNG opened at $5,242.00 on Wednesday. Booking Holdings Inc. has a 52 week low of $4,096.23 and a 52 week high of $5,839.41. The firm’s fifty day moving average is $5,512.80 and its 200-day moving average is $5,312.53. The firm has a market cap of $169.89 billion, a P/E ratio of 36.46, a P/E/G ratio of 1.56 and a beta of 1.35.

Booking (NASDAQ:BKNG) last released its earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $50.32 by $5.08. The business 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%. Booking’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on BKNG. Erste Group Bank raised Booking from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Wells Fargo & Company raised their price objective on shares of Booking from $5,418.00 to $5,443.00 and gave the company an “equal weight” rating in a report on Monday. Royal Bank Of Canada boosted their target price on shares of Booking from $5,900.00 to $6,100.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Wedbush restated a “neutral” rating and issued a $5,900.00 price target on shares of Booking in a research report on Wednesday, July 30th. Finally, BTIG Research reiterated a “buy” rating and set a $6,250.00 price target on shares of Booking in a report on Thursday, September 4th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $5,808.81.

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.