Booking Holdings Inc. $BKNG Holdings Lifted by Meitav Investment House Ltd.

Meitav Investment House Ltd. increased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 14.9% during the second quarter, Holdings Channel.com reports. The fund owned 1,162 shares of the business services provider’s stock after acquiring an additional 151 shares during the quarter. Meitav Investment House Ltd.’s holdings in Booking were worth $6,724,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Country Club Bank raised its holdings in shares of Booking by 2.5% in the 2nd quarter. Country Club Bank now owns 165 shares of the business services provider’s stock worth $939,000 after purchasing an additional 4 shares in the last quarter. Relyea Zuckerberg Hanson LLC increased its holdings in shares of Booking by 16.7% in the second quarter. Relyea Zuckerberg Hanson LLC now owns 63 shares of the business services provider’s stock valued at $365,000 after buying an additional 9 shares in the last quarter. Valley National Advisers Inc. increased its holdings in shares of Booking by 77.8% in the second quarter. Valley National Advisers Inc. now owns 32 shares of the business services provider’s stock valued at $187,000 after buying an additional 14 shares in the last quarter. Valeo Financial Advisors LLC lifted its position in shares of Booking by 10.4% during the 2nd quarter. Valeo Financial Advisors LLC now owns 328 shares of the business services provider’s stock valued at $1,897,000 after acquiring an additional 31 shares during the last quarter. Finally, DAVENPORT & Co LLC boosted its stake in shares of Booking by 4.7% during the 2nd quarter. DAVENPORT & Co LLC now owns 585 shares of the business services provider’s stock worth $3,386,000 after acquiring an additional 26 shares in the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Glenn D. Fogel sold 1,013 shares of the stock in a transaction on Friday, August 15th. The shares were sold at an average price of $5,476.89, for a total transaction of $5,548,089.57. Following the transaction, the chief executive officer owned 24,620 shares in the company, valued at $134,841,031.80. This represents a 3.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Vanessa Ames Wittman sold 15 shares of the firm’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $5,500.00, for a total transaction of $82,500.00. Following the transaction, the director owned 747 shares in the company, valued at $4,108,500. This represents a 1.97% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,195 shares of company stock worth $23,467,630. Insiders own 0.16% of the company’s stock.

Booking Stock Up 0.0%

BKNG stock opened at $5,419.87 on Tuesday. The company has a 50 day moving average of $5,519.78 and a two-hundred day moving average of $5,313.02. The company has a market cap of $175.66 billion, a price-to-earnings ratio of 37.69, a PEG ratio of 1.56 and a beta of 1.35. Booking Holdings Inc. has a 12-month low of $4,096.23 and a 12-month high of $5,839.41.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $6.54 billion. During the same period in the prior year, the business posted $41.90 earnings per share. Booking’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 year.

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were paid 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 0.7%. Booking’s payout ratio is presently 26.71%.

Analyst Ratings Changes

BKNG has been the subject of several analyst reports. UBS Group upped their target price on Booking from $5,750.00 to $6,300.00 and gave the company a “buy” rating in a report on Monday, July 28th. Royal Bank Of Canada raised their target price on shares of Booking from $5,900.00 to $6,100.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. B. Riley reissued a “buy” rating and issued a $6,700.00 target price (up from $6,100.00) on shares of Booking in a research report on Wednesday, July 30th. Truist Financial upped their price target on shares of Booking from $4,720.00 to $5,630.00 and gave the company a “hold” rating in a research report on Monday, July 14th. Finally, Mizuho began coverage on shares of Booking in a research report on Monday, September 29th. They set a “neutral” rating and a $5,975.00 price objective on the stock. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $5,808.81.

About Booking

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.