Aspiriant LLC Acquires 17 Shares of Booking Holdings Inc. $BKNG

Aspiriant LLC boosted its holdings in Booking Holdings Inc. (NASDAQ:BKNGFree Report) by 31.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 71 shares of the business services provider’s stock after purchasing an additional 17 shares during the quarter. Aspiriant LLC’s holdings in Booking were worth $411,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Atwood & Palmer Inc. acquired a new stake in Booking during the second quarter worth approximately $29,000. Wealth Preservation Advisors LLC bought a new stake in shares of Booking during the 1st quarter valued at $28,000. O Brien Wealth Partners LLC acquired a new stake in shares of Booking during the 2nd quarter worth $35,000. First PREMIER Bank raised its stake in Booking by 100.0% in the second quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 3 shares in the last quarter. Finally, Keystone Global Partners LLC bought a new stake in Booking during the first quarter worth about $32,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on BKNG. Susquehanna boosted their price target on Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a report on Friday, August 1st. Citigroup increased their price target 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. UBS Group boosted their price objective on Booking from $5,750.00 to $6,300.00 and gave the stock a “buy” rating in a research report on Monday, July 28th. Hsbc Global Res upgraded Booking to a “strong-buy” rating in a research report on Thursday, July 17th. Finally, DA Davidson boosted their price target on Booking from $5,750.00 to $6,500.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Three investment 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 stock. Based on data from MarketBeat.com, Booking currently has an average rating of “Moderate Buy” and a consensus price target of $5,808.81.

Check Out Our Latest Stock Analysis on BKNG

Booking Price Performance

Shares of BKNG opened at $5,070.02 on Friday. The business has a 50-day moving average of $5,459.08 and a 200-day moving average of $5,336.87. The company has a market capitalization of $164.32 billion, a price-to-earnings ratio of 35.26, a price-to-earnings-growth ratio of 1.57 and a beta of 1.35. Booking Holdings Inc. has a 1 year low of $4,096.23 and a 1 year high of $5,839.41.

Booking (NASDAQ:BKNGGet Free Report) last released its earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, beating analysts’ consensus estimates of $50.32 by $5.08. The business had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The company’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were given a dividend of $9.60 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a yield of 0.8%. Booking’s dividend payout ratio is 26.71%.

Insiders Place Their Bets

In related news, Director Larry Quinlan sold 64 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the completion of the sale, the director owned 131 shares of the company’s stock, valued at $722,045.80. This trade represents a 32.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Glenn D. Fogel sold 625 shares of Booking stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $5,141.53, for a total value of $3,213,456.25. Following the completion of the sale, the chief executive officer owned 22,982 shares of the company’s stock, valued at approximately $118,162,642.46. The trade was a 2.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,197 shares of company stock worth $17,260,963. Company insiders own 0.16% of the company’s stock.

Booking Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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