Moloney Securities Asset Management LLC Has $1.35 Million Holdings in Booking Holdings Inc. $BKNG

Moloney Securities Asset Management LLC trimmed its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 24.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 233 shares of the business services provider’s stock after selling 76 shares during the period. Moloney Securities Asset Management LLC’s holdings in Booking were worth $1,349,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft upped their target price on Booking from $6,723.00 to $6,790.00 and gave the company a “buy” rating in a research report on Tuesday. Barclays upped their price target on shares of Booking from $5,700.00 to $6,000.00 and gave the company an “overweight” rating in a research note on Wednesday, July 30th. Mizuho began coverage on shares of Booking in a research note on Monday, September 29th. They issued a “neutral” rating and a $5,975.00 price objective for the company. Erste Group Bank raised shares of Booking from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Finally, Cantor Fitzgerald reduced their price target on Booking from $5,660.00 to $5,590.00 and set a “neutral” rating on the stock in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, Booking has an average rating of “Moderate Buy” and a consensus target price of $6,010.41.

Insider Buying and Selling

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 23,607 shares in the company, valued at $130,237,930.44. This trade represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Vanessa Ames Wittman sold 15 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $5,291.98, for a total transaction of $79,379.70. Following the transaction, the director owned 732 shares of the company’s stock, valued at $3,873,729.36. This trade represents a 2.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,197 shares of company stock worth $17,260,963 in the last three months. 0.16% of the stock is owned by corporate insiders.

Booking Stock Performance

Shares of BKNG stock opened at $5,146.16 on Friday. Booking Holdings Inc. has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41. The stock’s fifty day moving average price is $5,432.78 and its two-hundred day moving average price is $5,360.44. The company has a market cap of $166.79 billion, a PE ratio of 35.79, a P/E/G ratio of 1.58 and a beta of 1.35.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, beating the consensus estimate of $50.32 by $5.08. The business had revenue of $6.80 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the firm posted $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

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.