Kingswood Wealth Advisors LLC Sells 22 Shares of Booking Holdings Inc. $BKNG

Kingswood Wealth Advisors LLC lowered its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 12.1% during the second quarter, HoldingsChannel reports. The fund owned 160 shares of the business services provider’s stock after selling 22 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Booking were worth $926,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. International Assets Investment Management LLC bought a new stake in Booking in the 1st quarter valued at $203,000. Overbrook Management Corp increased its holdings in 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 buying an additional 1,098 shares during the period. United Services Automobile Association bought a new stake in Booking in the 1st quarter valued at $3,592,000. Perigon Wealth Management LLC increased its holdings in Booking by 9.4% in the 1st quarter. Perigon Wealth Management LLC now owns 278 shares of the business services provider’s stock valued at $1,281,000 after buying an additional 24 shares during the period. Finally, BFI Infinity Ltd. increased its holdings in Booking by 215.6% in the 2nd quarter. BFI Infinity Ltd. now owns 142 shares of the business services provider’s stock valued at $822,000 after buying an additional 97 shares during the period. Institutional investors own 92.42% of the company’s stock.

Insider Activity

In other news, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total value of $352,755.20. Following the completion of the sale, the director directly owned 131 shares of the company’s stock, valued at $722,045.80. This represents a 32.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Glenn D. Fogel sold 1,013 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the completion of the sale, the chief executive officer directly owned 23,607 shares of the company’s stock, valued at approximately $130,237,930.44. This trade represents a 4.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,195 shares of company stock valued at $23,467,630 in the last ninety days. 0.16% of the stock is owned by insiders.

Booking Price Performance

Shares of BKNG stock opened at $5,131.23 on Thursday. The stock has a market cap of $166.30 billion, a PE ratio of 35.69, a price-to-earnings-growth ratio of 1.51 and a beta of 1.35. The stock has a 50-day moving average of $5,503.17 and a 200-day moving average of $5,311.28. Booking Holdings Inc. has a one year low of $4,096.23 and a one year high of $5,839.41.

Booking (NASDAQ:BKNG) last announced its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating analysts’ consensus estimates of $50.32 by $5.08. The company had revenue of $6.80 billion during 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%.Booking’s revenue was up 16.0% on a year-over-year basis. During the same period in the prior year, the business posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.7%. Booking’s dividend payout ratio is 26.71%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on BKNG shares. Royal Bank Of Canada boosted their target price 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. B. Riley reiterated a “buy” rating and set a $6,700.00 price target (up previously from $6,100.00) on shares of Booking in a research report on Wednesday, July 30th. Wells Fargo & Company upped their price target on shares of Booking from $5,418.00 to $5,443.00 and gave the stock an “equal weight” rating in a research report on Monday. BMO Capital Markets reiterated an “outperform” rating and set a $6,000.00 price target (up previously from $5,700.00) on shares of Booking in a research report on Wednesday, July 30th. Finally, Susquehanna upped their price target on shares of Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a research report on Friday, August 1st. Three investment 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, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $5,808.81.

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.