NatWest Group plc Has $12.19 Million Stock Position in Booking Holdings Inc. $BKNG

NatWest Group plc cut its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,105 shares of the business services provider’s stock after selling 73 shares during the quarter. Booking makes up about 3.6% of NatWest Group plc’s holdings, making the stock its 13th biggest position. NatWest Group plc’s holdings in Booking were worth $12,186,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vontobel Holding Ltd. boosted its stake in Booking by 18.6% in the second quarter. Vontobel Holding Ltd. now owns 75,534 shares of the business services provider’s stock valued at $437,284,000 after acquiring an additional 11,829 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of Booking by 20.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,052 shares of the business services provider’s stock valued at $6,090,000 after buying an additional 175 shares in the last quarter. Vest Financial LLC lifted its stake in shares of Booking by 0.7% during the 2nd quarter. Vest Financial LLC now owns 9,090 shares of the business services provider’s stock valued at $52,624,000 after buying an additional 61 shares in the last quarter. Nordea Investment Management AB lifted its stake in shares of Booking by 9.5% during the 2nd quarter. Nordea Investment Management AB now owns 226,608 shares of the business services provider’s stock valued at $1,297,331,000 after buying an additional 19,578 shares in the last quarter. Finally, NorthRock Partners LLC increased its holdings in Booking by 12.8% during the 2nd quarter. NorthRock Partners LLC now owns 494 shares of the business services provider’s stock worth $2,860,000 after acquiring an additional 56 shares during the period. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Booking

In related news, Director Vanessa Ames Wittman sold 15 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $5,291.98, for a total value of $79,379.70. Following the transaction, the director owned 732 shares of the company’s stock, valued at approximately $3,873,729.36. This trade represents a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the transaction, the director directly owned 131 shares in the company, valued at $722,045.80. This represents a 32.82% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,197 shares of company stock valued at $17,260,963. Company insiders own 0.16% of the company’s stock.

Booking Stock Up 1.0%

Shares of BKNG opened at $5,146.16 on Friday. The stock has a market capitalization of $166.79 billion, a P/E ratio of 35.79, a PEG ratio of 1.58 and a beta of 1.35. The firm has a fifty day simple moving average of $5,432.78 and a two-hundred day simple moving average of $5,360.44. Booking Holdings Inc. has a twelve month low of $4,096.23 and a twelve month 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 earnings per share for the quarter, beating the consensus estimate of $50.32 by $5.08. The business had revenue of $6.80 billion during the quarter, compared to analysts’ expectations of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The firm’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 company posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Royal Bank Of Canada upped 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. Benchmark reissued a “buy” rating and issued a $6,200.00 price target (up previously from $6,000.00) on shares of Booking in a report on Wednesday, July 30th. Wells Fargo & Company increased 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 report on Monday, October 6th. Wedbush reissued a “neutral” rating and issued a $5,900.00 price target on shares of Booking in a report on Wednesday, July 30th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Booking in a report on Tuesday, October 14th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $6,010.41.

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.