Princeton Global Asset Management LLC Has $4.59 Million Stake in Booking Holdings Inc. $BKNG

Princeton Global Asset Management LLC lessened its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 2.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 792 shares of the business services provider’s stock after selling 16 shares during the period. Princeton Global Asset Management LLC’s holdings in Booking were worth $4,587,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of BKNG. Fidelis Capital Partners LLC raised its holdings in shares of Booking by 1.2% during the first quarter. Fidelis Capital Partners LLC now owns 167 shares of the business services provider’s stock valued at $809,000 after purchasing an additional 2 shares during the period. WNY Asset Management LLC increased its position in Booking by 3.7% in the 1st quarter. WNY Asset Management LLC now owns 56 shares of the business services provider’s stock valued at $258,000 after buying an additional 2 shares in the last quarter. Gries Financial LLC raised its stake in Booking by 1.6% during the 1st quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock worth $576,000 after buying an additional 2 shares during the period. Sheaff Brock Investment Advisors LLC boosted its holdings in Booking by 0.5% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock worth $1,854,000 after acquiring an additional 2 shares in the last quarter. Finally, Nicolet Advisory Services LLC boosted its holdings in Booking by 0.8% in the first quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider’s stock worth $1,070,000 after acquiring an additional 2 shares in the last quarter. 92.42% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on BKNG shares. Royal Bank Of Canada boosted their price objective on Booking from $5,900.00 to $6,100.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Hsbc Global Res raised shares of Booking to a “strong-buy” rating in a research report on Thursday, July 17th. Wells Fargo & Company upped their price objective on shares of Booking from $5,418.00 to $5,443.00 and gave the stock an “equal weight” rating in a report on Monday, October 6th. Erste Group Bank upgraded shares of Booking from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Finally, Morgan Stanley set a $5,650.00 target price on shares of Booking and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $5,808.81.

Booking Price Performance

NASDAQ BKNG opened at $5,070.02 on Monday. The company has a fifty day moving average price of $5,459.08 and a 200-day moving average price of $5,343.06. The firm has a market cap of $164.32 billion, a price-to-earnings ratio of 35.26, a PEG ratio of 1.57 and a beta of 1.35. 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 released its quarterly earnings results 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. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The business had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.54 billion. During the same period in the previous year, the company earned $41.90 earnings per share. The firm’s revenue for the quarter was up 16.0% compared to the same quarter last year. Booking has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders 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 dividend yield of 0.8%. Booking’s dividend payout ratio is currently 26.71%.

Insider Activity at Booking

In related news, CEO Glenn D. Fogel sold 625 shares of Booking stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $5,141.53, for a total transaction of $3,213,456.25. Following the sale, the chief executive officer directly owned 22,982 shares in the company, valued at approximately $118,162,642.46. This trade represents a 2.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction on 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 transaction, the director owned 131 shares of the company’s stock, valued at $722,045.80. This trade represents a 32.82% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,197 shares of company stock valued at $17,260,963. 0.16% of the stock is owned by insiders.

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.