Booking Holdings Inc. $BKNG Shares Purchased by Lion Street Advisors LLC

Lion Street Advisors LLC increased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 6.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 51 shares of the business services provider’s stock after acquiring an additional 3 shares during the period. Lion Street Advisors LLC’s holdings in Booking were worth $295,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Brighton Jones LLC boosted its holdings in shares of Booking by 34.9% in the 4th quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock valued at $1,249,000 after purchasing an additional 65 shares during the last quarter. Revolve Wealth Partners LLC acquired a new position in Booking in the fourth quarter valued at $209,000. GAMMA Investing LLC boosted its holdings in Booking by 13.2% in the first quarter. GAMMA Investing LLC now owns 513 shares of the business services provider’s stock valued at $2,363,000 after acquiring an additional 60 shares during the last quarter. Tritonpoint Wealth LLC boosted its holdings in Booking by 8.0% in the first quarter. Tritonpoint Wealth LLC now owns 54 shares of the business services provider’s stock valued at $249,000 after acquiring an additional 4 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in Booking by 8.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,349 shares of the business services provider’s stock valued at $33,872,000 after acquiring an additional 559 shares during the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Larry Quinlan sold 64 shares of Booking stock in a transaction on Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the transaction, the director owned 131 shares in the company, valued at approximately $722,045.80. The trade was a 32.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Glenn D. Fogel sold 1,013 shares of Booking 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 transaction, the chief executive officer directly owned 23,607 shares in the company, valued at approximately $130,237,930.44. This trade represents a 4.11% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 2,169 shares of company stock worth $11,929,560. Corporate insiders own 0.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Citigroup lifted their price objective on Booking from $5,560.00 to $6,500.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Piper Sandler reaffirmed a “neutral” rating and set a $5,750.00 price target (up from $5,077.00) on shares of Booking in a research report on Wednesday, July 30th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Booking in a research report on Wednesday, July 30th. Truist Financial lifted their target price on shares of Booking from $4,720.00 to $5,630.00 and gave the company a “hold” rating in a report on Monday, July 14th. Finally, B. Riley restated a “buy” rating and set a $6,700.00 target price (up previously from $6,100.00) on shares of Booking in a report on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, Booking currently has an average rating of “Moderate Buy” and an average target price of $5,808.81.

Booking Stock Performance

Booking stock opened at $5,253.85 on Tuesday. The firm has a market cap of $170.28 billion, a price-to-earnings ratio of 36.54, a price-to-earnings-growth ratio of 1.60 and a beta of 1.35. The firm’s 50 day moving average price is $5,488.05 and its two-hundred day moving average price is $5,329.42. 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 issued its earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $50.32 by $5.08. The business had revenue of $6.80 billion for 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%.The company’s quarterly revenue was up 16.0% on a year-over-year basis. During the same period in the previous year, the firm posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th were given a $9.60 dividend. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, September 5th. Booking’s dividend payout ratio (DPR) is 26.71%.

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.