Central Pacific Bank Trust Division Has $2.91 Million Stake in Booking Holdings Inc. $BKNG

Central Pacific Bank Trust Division raised its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 2,433.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 16,317 shares of the business services provider’s stock after acquiring an additional 15,673 shares during the quarter. Central Pacific Bank Trust Division’s holdings in Booking were worth $2,908,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of BKNG. Arlington Trust Co LLC raised its stake in shares of Booking by 2,400.0% in the second quarter. Arlington Trust Co LLC now owns 175 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 168 shares in the last quarter. Financial Enhancement Group LLC increased its holdings in Booking by 2.9% in the 2nd quarter. Financial Enhancement Group LLC now owns 4,510 shares of the business services provider’s stock valued at $804,000 after buying an additional 125 shares during the period. Grove Bank & Trust increased its holdings in Booking by 2,203.2% in the 2nd quarter. Grove Bank & Trust now owns 1,451 shares of the business services provider’s stock valued at $259,000 after buying an additional 1,388 shares during the period. Trinity Financial Advisors LLC raised its stake in shares of Booking by 318.0% in the 2nd quarter. Trinity Financial Advisors LLC now owns 1,927 shares of the business services provider’s stock valued at $343,000 after buying an additional 1,466 shares in the last quarter. Finally, CoreCap Advisors LLC raised its stake in shares of Booking by 2,367.9% in the 2nd quarter. CoreCap Advisors LLC now owns 1,382 shares of the business services provider’s stock valued at $246,000 after buying an additional 1,326 shares in the last quarter. Institutional investors own 92.42% of the company’s stock.

Trending Headlines about Booking

Here are the key news stories impacting Booking this week:

• Positive Sentiment: Q2 results exceeded expectations: Booking reported adjusted earnings of $2.54 per share, above the roughly $2.43–$2.45 consensus, while revenue rose 8.1% year over year to $7.35 billion, topping the $7.19 billion estimate. Booking Beats Q2 CY2026 Sales Expectations
• Positive Sentiment: Travel demand remained resilient: Management said results beat the high end of guidance across key metrics, supported by solid domestic and regional travel demand. This helped ease earlier concerns about Middle East-related disruption and broader travel weakness. Booking Holdings Reports Higher Revenue on Strong Travel Demand
• Positive Sentiment: AI strategy emphasizes monetization: Booking is positioning its platform to own the transaction even when generative AI tools handle itinerary recommendations. The company’s inventory, authentication, cancellation, payment and supplier-settlement capabilities remain important competitive advantages. AI Can Plan the Trip but Booking Holdings Wants the Transaction
• Neutral Sentiment: Analyst sentiment remains broadly favorable, with the average brokerage recommendation equivalent to a Buy, although the usefulness of sell-side ratings may be limited because recommendations often skew optimistic. Is It Worth Investing in Booking Holdings Based on Wall Street’s Bullish Views?
• Negative Sentiment: Q3 revenue guidance fell short: Booking forecast third-quarter revenue of approximately $9.4 billion to $9.5 billion, below the $9.7 billion analyst consensus. Continued pressure on long-haul international travel and lingering geopolitical risks could temper the earnings reaction and limit upside.

Analyst Ratings Changes

BKNG has been the subject of several recent research reports. Mizuho dropped their price target on shares of Booking from $230.00 to $220.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. Argus set a $210.00 price objective on Booking and gave the company a “buy” rating in a research note on Thursday, July 9th. Robert W. Baird dropped their target price on Booking from $234.00 to $215.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. Piper Sandler set a $195.00 target price on Booking in a research report on Wednesday, April 29th. Finally, Jefferies Financial Group boosted their price target on Booking from $180.00 to $190.00 and gave the company a “hold” rating in a research note on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Booking has an average rating of “Moderate Buy” and an average target price of $227.23.

Insider Activity

In other news, Director Robert J. Mylod, Jr. sold 5,000 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $200.00, for a total transaction of $1,000,000.00. Following the sale, the director directly owned 16,000 shares of the company’s stock, valued at $3,200,000. This represents a 23.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vanessa Ames Wittman sold 1,125 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $192.00, for a total transaction of $216,000.00. Following the completion of the sale, the director directly owned 16,508 shares of the company’s stock, valued at approximately $3,169,536. This represents a 6.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 68,625 shares of company stock valued at $11,445,375 over the last three months. 0.17% of the stock is owned by insiders.

Booking Stock Up 0.8%

Shares of BKNG stock opened at $194.27 on Wednesday. The company has a market capitalization of $150.54 billion, a P/E ratio of 25.55, a P/E/G ratio of 1.21 and a beta of 1.07. Booking Holdings Inc. has a 12-month low of $150.14 and a 12-month high of $231.80. The firm has a 50-day moving average price of $176.96 and a 200 day moving average price of $176.82.

Booking (NASDAQ:BKNG) last issued its quarterly earnings data on Monday, August 3rd. The business services provider reported $2.54 earnings per share for the quarter, topping the consensus estimate of $2.43 by $0.11. Booking had a net margin of 22.23% and a negative return on equity of 117.14%. The firm had revenue of $7.35 billion for the quarter, compared to analysts’ expectations of $7.19 billion. During the same period in the prior year, the firm earned $55.40 earnings per share. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. As a group, research analysts expect that Booking Holdings Inc. will post 10.42 earnings per share for the current year.

Booking Profile

Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company’s businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.

Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.