Booking Holdings Inc. $BKNG Holdings Lowered by Archford Capital Strategies LLC

Archford Capital Strategies LLC decreased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 0.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 238 shares of the business services provider’s stock after selling 2 shares during the quarter. Archford Capital Strategies LLC’s holdings in Booking were worth $1,378,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insider Buying and Selling at Booking

In related news, Director Vanessa Ames Wittman sold 15 shares of the firm’s stock in a transaction that occurred 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 directly owned 747 shares of the company’s stock, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Glenn D. Fogel sold 1,013 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the completion of the sale, the chief executive officer owned 24,620 shares of the company’s stock, valued at approximately $134,841,031.80. This trade represents a 3.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,195 shares of company stock worth $23,467,630 over the last three months. Corporate insiders own 0.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on BKNG shares. Wells Fargo & Company lifted their price target on Booking from $5,411.00 to $5,418.00 and gave the company an “equal weight” rating in a report on Wednesday, July 30th. Evercore ISI lifted their target price on Booking from $5,500.00 to $6,250.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. B. Riley reiterated a “buy” rating and issued a $6,700.00 target price (up previously from $6,100.00) on shares of Booking in a report on Wednesday, July 30th. Morgan Stanley set a $5,650.00 price target on shares of Booking and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. Finally, Royal Bank Of Canada upped their price objective on shares of Booking from $5,900.00 to $6,100.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $5,808.81.

Booking Stock Performance

NASDAQ:BKNG opened at $5,548.00 on Monday. The company has a market capitalization of $179.81 billion, a P/E ratio of 38.58, a P/E/G ratio of 1.60 and a beta of 1.39. The stock’s 50 day moving average price is $5,553.44 and its 200 day moving average price is $5,276.88. Booking Holdings Inc. has a 52 week low of $4,060.98 and a 52 week 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, 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 company had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. During the same period in the previous year, the firm posted $41.90 earnings per share. The company’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. As a group, sell-side analysts forecast 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 will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th will be given a dividend of $9.60 per share. This represents a $38.40 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, September 5th. Booking’s dividend payout ratio is presently 26.71%.

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.