Independent Solutions Wealth Management LLC Has $330,000 Stake in Booking Holdings Inc. $BKNG

Independent Solutions Wealth Management LLC lifted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 5.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 57 shares of the business services provider’s stock after purchasing an additional 3 shares during the quarter. Independent Solutions Wealth Management LLC’s holdings in Booking were worth $330,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of BKNG. Wealth Preservation Advisors LLC acquired a new position in shares of Booking during the first quarter worth approximately $28,000. Atwood & Palmer Inc. acquired a new position in shares of Booking during the second quarter worth approximately $29,000. Keystone Global Partners LLC acquired a new position in shares of Booking during the first quarter worth approximately $32,000. O Brien Wealth Partners LLC acquired a new position in shares of Booking during the second quarter worth approximately $35,000. Finally, First PREMIER Bank raised its position in shares of Booking by 100.0% during the second 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 period. 92.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on BKNG. Barclays upped their target price on Booking from $5,700.00 to $6,000.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 30th. Morgan Stanley set a $5,650.00 price target on Booking and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. Wells Fargo & Company upped their price target on Booking from $5,418.00 to $5,443.00 and gave the stock an “equal weight” rating in a report on Monday. Hsbc Global Res upgraded Booking to a “strong-buy” rating in a report on Thursday, July 17th. Finally, Benchmark reiterated a “buy” rating and set a $6,200.00 price target (up previously from $6,000.00) on shares of Booking in a report on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $5,808.81.

Insider Buying and Selling

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the sale, the chief executive officer owned 23,607 shares of the company’s stock, valued at $130,237,930.44. This trade represents a 4.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 value of $352,755.20. Following the completion of the sale, the director directly 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. In the last quarter, insiders have sold 4,195 shares of company stock valued at $23,467,630. Corporate insiders own 0.16% of the company’s stock.

Booking Price Performance

Shares of NASDAQ:BKNG opened at $5,242.00 on Wednesday. The company has a market capitalization 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. The business has a fifty day moving average price of $5,512.80 and a two-hundred day moving average price of $5,312.53. Booking Holdings Inc. has a 1 year low of $4,096.23 and a 1 year high of $5,839.41.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $50.32 by $5.08. The firm had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The business’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

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