Zullo Investment Group Inc. Invests $203,000 in Booking Holdings Inc. $BKNG

Zullo Investment Group Inc. bought a new position in Booking Holdings Inc. (NASDAQ:BKNG) in the 2nd quarter, Holdings Channel reports. The firm bought 35 shares of the business services provider’s stock, valued at approximately $203,000.

Several other institutional investors have also recently made changes to their positions in BKNG. Brighton Jones LLC lifted its holdings in shares of Booking by 34.9% in the 4th quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock worth $1,249,000 after acquiring an additional 65 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in shares of Booking in the 4th quarter worth about $209,000. Wealthcare Advisory Partners LLC lifted its holdings in shares of Booking by 9.8% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 56 shares of the business services provider’s stock worth $258,000 after acquiring an additional 5 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Booking by 13.2% in the 1st quarter. GAMMA Investing LLC now owns 513 shares of the business services provider’s stock worth $2,363,000 after acquiring an additional 60 shares during the last quarter. Finally, Integrated Advisors Network LLC lifted its holdings in shares of Booking by 10.0% in the 1st quarter. Integrated Advisors Network LLC now owns 297 shares of the business services provider’s stock worth $1,368,000 after acquiring an additional 27 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Booking Stock Performance

NASDAQ BKNG opened at $5,164.93 on Friday. The company has a market capitalization of $167.40 billion, a price-to-earnings ratio of 35.92, a price-to-earnings-growth ratio of 1.61 and a beta of 1.35. The company’s 50-day simple moving average is $5,492.50 and its two-hundred day simple moving average is $5,317.27. Booking Holdings Inc. has a one year low of $4,096.23 and a one year high of $5,839.41.

Booking (NASDAQ:BKNG) last posted its 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 business 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 for the quarter was up 16.0% on a year-over-year basis. During the same quarter last year, the firm posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. Equities analysts expect 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. Shareholders of record on Friday, September 5th were given a dividend of $9.60 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a yield of 0.7%. Booking’s dividend payout ratio (DPR) is 26.71%.

Insider Buying and Selling at Booking

In other news, Director Vanessa Ames Wittman sold 15 shares of Booking 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 value of $82,500.00. Following the transaction, the director owned 747 shares of the company’s stock, valued at $4,108,500. The trade was a 1.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction that occurred on 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 in the company, valued at approximately $1,089,486.45. The trade was a 24.71% 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. Company insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on BKNG. Wells Fargo & Company raised their price target on shares of Booking from $5,418.00 to $5,443.00 and gave the stock an “equal weight” rating in a research note on Monday. Mizuho began coverage on shares of Booking in a research note on Monday, September 29th. They issued a “neutral” rating and a $5,975.00 price target on the stock. Wedbush reaffirmed a “neutral” rating and issued a $5,900.00 price target on shares of Booking in a research note on Wednesday, July 30th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $6,000.00 price target (up previously from $5,700.00) on shares of Booking in a research note on Wednesday, July 30th. Finally, UBS Group raised their price target on shares of Booking from $5,750.00 to $6,300.00 and gave the stock a “buy” rating in a research note on Monday, July 28th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, Booking presently has a consensus rating of “Moderate Buy” and an average target price 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.