Banco Santander S.A. Has $23.67 Million Position in Booking Holdings Inc. $BKNG

Banco Santander S.A. lowered its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 34.3% during the second quarter, Holdings Channel reports. The institutional investor owned 4,088 shares of the business services provider’s stock after selling 2,134 shares during the quarter. Banco Santander S.A.’s holdings in Booking were worth $23,666,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Wealth Preservation Advisors LLC acquired a new stake in Booking during the first quarter worth $28,000. Atwood & Palmer Inc. acquired a new stake in Booking during the second quarter worth $29,000. Keystone Global Partners LLC acquired a new stake in Booking during the first quarter worth $32,000. O Brien Wealth Partners LLC acquired a new stake in Booking during the second quarter worth $35,000. Finally, First PREMIER Bank boosted its stake in Booking by 100.0% during the second quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after buying an additional 3 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Up 1.0%

Booking stock opened at $5,146.16 on Monday. The stock has a 50-day simple moving average of $5,432.78 and a 200 day simple moving average of $5,374.01. Booking Holdings Inc. has a 12-month low of $4,096.23 and a 12-month high of $5,839.41. The stock has a market capitalization of $166.79 billion, a price-to-earnings ratio of 35.79, a P/E/G ratio of 1.59 and a beta of 1.35.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $50.32 by $5.08. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The business had revenue of $6.80 billion during the quarter, compared to analysts’ expectations of $6.54 billion. During the same period in the previous year, the business posted $41.90 earnings per share. The firm’s revenue for the quarter was up 16.0% compared to the same quarter last year. 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.

Insider Activity at Booking

In other Booking news, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction dated 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 approximately $722,045.80. This represents a 32.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Vanessa Ames Wittman sold 15 shares of the company’s stock in a transaction dated Wednesday, October 15th. The shares were 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 in the company, valued at approximately $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. Insiders sold 3,197 shares of company stock valued at $17,260,963 over the last ninety days. 0.16% of the stock is owned by insiders.

Wall Street Analyst Weigh In

BKNG has been the topic of several recent analyst reports. Cantor Fitzgerald reduced their target price on shares of Booking from $5,660.00 to $5,590.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 22nd. BTIG Research restated a “buy” rating and issued a $6,250.00 target price on shares of Booking in a research note on Wednesday, October 8th. Wells Fargo & Company boosted their target price on shares of Booking from $5,418.00 to $5,443.00 and gave the company an “equal weight” rating in a research note on Monday, October 6th. DA Davidson boosted their target price on shares of Booking from $5,750.00 to $6,500.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, BMO Capital Markets restated an “outperform” rating and issued a $6,000.00 target price (up previously from $5,700.00) on shares of Booking in a research note on Wednesday, July 30th. Three equities research 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 stock presently has a consensus rating of “Moderate Buy” and an average price target of $6,010.41.

Booking Company 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.