University of Texas Texas AM Investment Management Co. Sells 267 Shares of Booking Holdings Inc. $BKNG

University of Texas Texas AM Investment Management Co. reduced its position in Booking Holdings Inc. (NASDAQ:BKNG) by 30.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 624 shares of the business services provider’s stock after selling 267 shares during the period. University of Texas Texas AM Investment Management Co.’s holdings in Booking were worth $3,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealth Preservation Advisors LLC purchased a new position in shares of Booking in the 1st quarter worth $28,000. Atwood & Palmer Inc. purchased a new position in shares of Booking in the 2nd quarter worth $29,000. Keystone Global Partners LLC purchased a new position in shares of Booking in the 1st quarter worth $32,000. O Brien Wealth Partners LLC purchased a new position in shares of Booking in the 2nd quarter worth $35,000. Finally, First PREMIER Bank lifted its position in Booking by 100.0% during 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. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Booking Trading Up 1.0%

Shares of BKNG stock opened at $5,146.16 on Friday. Booking Holdings Inc. has a 12-month low of $4,096.23 and a 12-month high of $5,839.41. The stock’s 50-day moving average price is $5,432.78 and its 200-day moving average price is $5,368.74. The stock has a market capitalization of $166.79 billion, a price-to-earnings ratio of 35.79, a price-to-earnings-growth ratio of 1.59 and a beta of 1.35.

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 the consensus estimate of $50.32 by $5.08. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The firm had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.54 billion. During the same period in the previous year, the firm posted $41.90 earnings per share. The business’s revenue was up 16.0% compared to the same quarter last year. Booking has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Insider Transactions at Booking

In other Booking news, CEO Glenn D. Fogel sold 625 shares of the business’s 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 transaction of $3,213,456.25. Following the sale, the chief executive officer directly owned 22,982 shares of the company’s stock, valued at $118,162,642.46. The trade was a 2.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Vanessa Ames Wittman sold 15 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $5,291.98, for a total value of $79,379.70. Following the sale, the director directly owned 732 shares in the company, valued at $3,873,729.36. The trade was a 2.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,197 shares of company stock valued at $17,260,963. 0.16% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Bank of America lifted their target price on Booking from $5,820.00 to $5,850.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. BMO Capital Markets reiterated an “outperform” rating and set a $6,000.00 target price (up from $5,700.00) on shares of Booking in a research report on Wednesday, July 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Booking in a research report on Tuesday, October 14th. Mizuho started coverage on Booking in a research report on Monday, September 29th. They set a “neutral” rating and a $5,975.00 target price on the stock. Finally, DA Davidson raised their price target on Booking from $5,750.00 to $6,500.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.