Generali Asset Management SPA SGR Has $17.66 Million Stock Holdings in Booking Holdings Inc. $BKNG

Generali Asset Management SPA SGR decreased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 4.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,051 shares of the business services provider’s stock after selling 128 shares during the period. Generali Asset Management SPA SGR’s holdings in Booking were worth $17,663,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Kingswood Wealth Advisors LLC boosted its holdings in shares of Booking by 27.3% in 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 during the last quarter. Vontobel Holding Ltd. raised its position in Booking by 18.6% during the second quarter. Vontobel Holding Ltd. now owns 75,534 shares of the business services provider’s stock worth $437,284,000 after acquiring an additional 11,829 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in Booking by 20.0% in the second quarter. Sequoia Financial Advisors LLC now owns 1,052 shares of the business services provider’s stock valued at $6,090,000 after acquiring an additional 175 shares during the last quarter. Overbrook Management Corp grew its position in shares of Booking by 49.5% in the 2nd 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 during the period. Finally, International Assets Investment Management LLC acquired a new position in shares of Booking during the 1st quarter worth about $203,000. Institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on BKNG shares. Truist Financial raised their target price on shares of Booking from $4,720.00 to $5,630.00 and gave the company a “hold” rating in a research note on Monday, July 14th. Benchmark restated a “buy” rating and issued a $6,200.00 price objective (up previously from $6,000.00) on shares of Booking in a research note on Wednesday, July 30th. Citigroup lifted their target price on Booking from $5,560.00 to $6,500.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Barclays boosted their target price on Booking from $5,700.00 to $6,000.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. Finally, B. Riley reaffirmed a “buy” rating and set a $6,700.00 price target (up previously from $6,100.00) on shares of Booking in a report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $5,808.81.

Insiders Place Their Bets

In related news, CEO Glenn D. Fogel sold 1,013 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total transaction 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 represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Vanessa Ames Wittman sold 15 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was 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 in the company, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,169 shares of company stock worth $11,929,560 in the last quarter. Corporate insiders own 0.16% of the company’s stock.

Booking Price Performance

BKNG opened at $5,280.14 on Wednesday. The business has a fifty day simple moving average of $5,484.50 and a 200 day simple moving average of $5,329.08. Booking Holdings Inc. has a 1 year low of $4,096.23 and a 1 year high of $5,839.41. The company has a market capitalization of $171.13 billion, a PE ratio of 36.72, a price-to-earnings-growth ratio of 1.63 and a beta of 1.35.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, topping the consensus estimate of $50.32 by $5.08. The firm had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The company’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same quarter last year, the business earned $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. Equities analysts anticipate 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. Shareholders 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 dividend on an annualized basis and a yield of 0.7%. Booking’s 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.