Booking Holdings Inc. $BKNG Shares Purchased by Confluence Investment Management LLC

Posted by Stanley Muller on Aug 4th, 2026

Confluence Investment Management LLC boosted its holdings in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 3,070.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 194,765 shares of the business services provider’s stock after purchasing an additional 188,622 shares during the quarter. Confluence Investment Management LLC’s holdings in Booking were worth $34,715,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Life Cycle Investment Partners Ltd purchased a new position in shares of Booking during the fourth quarter worth about $361,463,000. Rit Capital Partners PLC purchased a new stake in shares of Booking in the 4th quarter valued at about $51,396,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Booking in the 4th quarter valued at about $210,352,000. Cardano Risk Management B.V. boosted its position in shares of Booking by 862.0% in the 4th quarter. Cardano Risk Management B.V. now owns 218,080 shares of the business services provider’s stock valued at $1,167,890,000 after purchasing an additional 195,411 shares during the period. Finally, Rathbones Group PLC grew its stake in Booking by 20.5% during the 4th quarter. Rathbones Group PLC now owns 64,908 shares of the business services provider’s stock worth $347,604,000 after buying an additional 11,042 shares during the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Booking Trading Down 0.1%

NASDAQ:BKNG opened at $192.71 on Tuesday. Booking Holdings Inc. has a 12-month low of $150.14 and a 12-month high of $231.80. The stock’s 50 day simple moving average is $176.34 and its 200-day simple moving average is $176.70. The firm has a market cap of $149.33 billion, a P/E ratio of 25.35, a PEG ratio of 1.21 and a beta of 1.07.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Weiss Ratings raised Booking from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. Citigroup reissued a “market perform” rating on shares of Booking in a report on Tuesday, July 28th. Royal Bank Of Canada lowered their target price on shares of Booking from $244.00 to $220.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. UBS Group lifted their target price on shares of Booking from $249.00 to $266.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, Mizuho reduced their price target on shares of Booking from $230.00 to $220.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $227.23.

Get Our Latest Stock Report on BKNG

Insider Activity at Booking

In other news, VP Peter J. Millones sold 62,500 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $163.67, for a total value of $10,229,375.00. Following the completion of the sale, the vice president owned 425,075 shares in the company, valued at approximately $69,572,025.25. This trade represents a 12.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vanessa Ames Wittman sold 1,125 shares of the firm’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $192.00, for a total transaction of $216,000.00. Following the completion of the sale, the director owned 16,508 shares of the company’s stock, valued at $3,169,536. This trade represents a 6.38% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 68,625 shares of company stock worth $11,445,375 in the last three months. Insiders own 0.17% of the company’s stock.

Booking Company Profile

(Free Report)

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.