Townsquare Capital LLC Reduces Position in Booking Holdings Inc. $BKNG

Townsquare Capital LLC lowered its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 16.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 894 shares of the business services provider’s stock after selling 175 shares during the period. Townsquare Capital LLC’s holdings in Booking were worth $4,827,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Geode Capital Management LLC raised its stake in shares of Booking by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 854,838 shares of the business services provider’s stock valued at $4,936,132,000 after purchasing an additional 9,333 shares during the period. Norges Bank bought a new position in shares of Booking in the second quarter worth $2,210,917,000. Invesco Ltd. increased its holdings in shares of Booking by 6.8% in the second quarter. Invesco Ltd. now owns 379,583 shares of the business services provider’s stock worth $2,197,495,000 after purchasing an additional 24,030 shares during the period. Schroder Investment Management Group raised its position in shares of Booking by 4.9% in the second quarter. Schroder Investment Management Group now owns 377,198 shares of the business services provider’s stock worth $2,183,690,000 after buying an additional 17,662 shares in the last quarter. Finally, Laurel Wealth Advisors LLC increased its stake in Booking by 578,824.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 289,462 shares of the business services provider’s stock worth $1,675,765,000 after acquiring an additional 289,412 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Booking Price Performance

NASDAQ BKNG opened at $5,113.32 on Friday. Booking Holdings Inc. has a 1 year low of $4,096.23 and a 1 year high of $5,839.41. The stock has a market capitalization of $164.80 billion, a PE ratio of 33.23, a PEG ratio of 1.10 and a beta of 1.23. The business’s 50-day moving average is $5,222.97 and its 200 day moving average is $5,323.54.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Tuesday, October 28th. The business services provider reported $99.50 earnings per share for the quarter, topping the consensus estimate of $95.56 by $3.94. The business had revenue of $9.01 billion during the quarter, compared to analysts’ expectations of $8.71 billion. Booking had a negative return on equity of 134.86% and a net margin of 19.37%.The business’s revenue was up 12.7% on a year-over-year basis. During the same quarter last year, the business posted $83.39 EPS. As a group, equities research analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking News Roundup

Here are the key news stories impacting Booking this week:

• Positive Sentiment: Expanded Navan API partnership broadens Booking’s corporate distribution and could drive incremental bookings through a travel-management channel, supporting revenue growth and multiple expansion. A Look At Booking Holdings (BKNG) Valuation After Expanded Navan API Partnership
• Positive Sentiment: KAYAK for Business launched an “Events” feature to simplify planning and group travel — a product that targets higher-value, repeat corporate/event bookings and could lift CAC economics for corporate customers over time. KAYAK for Business Simplifies Corporate Travel Planning with New Events Feature
• Positive Sentiment: Coverage highlighting Booking’s ESG initiatives, open‑tech approach and commentary that shares appear undervalued can boost investor sentiment and attract ESG-focused and valuation-driven buyers. Booking Holdings Mixes ESG Push And Open Tech With Undervalued Shares
• Neutral Sentiment: Elevated attention on BKNG from retail and Zacks users makes the name a “trending” stock — this can increase volume/volatility but is ambiguous for fundamentals. Booking Holdings Inc. (BKNG) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Reported January short‑interest data appears to contain errors (shows increases but zero shares), so it’s not a reliable signal today; keep watching accurate short‑interest reports for true positioning pressure.
• Negative Sentiment: Recent session-level weakness (Zacks notes BKNG fell more than the market on Jan. 28) signals near‑term profit‑taking or volatility that could cap near-term upside until fresh catalysts or guidance emerge. Booking Holdings (BKNG) Suffers a Larger Drop Than the General Market: Key Insights

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Wedbush raised Booking from a “neutral” rating to an “outperform” rating and set a $6,000.00 price objective for the company in a report on Thursday, November 13th. Wells Fargo & Company upped their target price on shares of Booking from $5,523.00 to $5,954.00 and gave the stock an “equal weight” rating in a research report on Friday, January 9th. TD Cowen reaffirmed a “buy” rating on shares of Booking in a research note on Wednesday, December 3rd. UBS Group set a $6,806.00 target price on Booking and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Finally, BNP Paribas Exane set a $6,100.00 price target on shares of Booking in a research report on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $6,205.88.

Insider Activity at Booking

In related news, Director Vanessa Ames Wittman sold 15 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $5,362.00, for a total transaction of $80,430.00. Following the transaction, the director owned 702 shares in the company, valued at $3,764,124. The trade was a 2.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Paulo Pisano sold 200 shares of Booking stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $5,000.00, for a total value of $1,000,000.00. Following the sale, the insider directly owned 1,514 shares in the company, valued at approximately $7,570,000. The trade was a 11.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 3,324 shares of company stock valued at $17,190,323 in the last 90 days. 0.16% of the stock is owned by company insiders.

Booking Company Profile

Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company’s businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.

Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.