denkapparat Operations GmbH Sells 10 Shares of Booking Holdings Inc. $BKNG

denkapparat Operations GmbH decreased its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 7.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 118 shares of the business services provider’s stock after selling 10 shares during the quarter. denkapparat Operations GmbH’s holdings in Booking were worth $683,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of BKNG. WNY Asset Management LLC raised its position in Booking by 3.7% in the 1st quarter. WNY Asset Management LLC now owns 56 shares of the business services provider’s stock valued at $258,000 after buying an additional 2 shares during the last quarter. Gries Financial LLC grew its stake in shares of Booking by 1.6% in the 1st quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock worth $576,000 after acquiring an additional 2 shares in the last quarter. Sheaff Brock Investment Advisors LLC raised its holdings in shares of Booking by 0.5% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock valued at $1,854,000 after purchasing an additional 2 shares during the last quarter. Nicolet Advisory Services LLC lifted its position in shares of Booking by 0.8% during the first quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider’s stock valued at $1,070,000 after purchasing an additional 2 shares in the last quarter. Finally, MGB Wealth Management LLC boosted its holdings in Booking by 3.6% during the first quarter. MGB Wealth Management LLC now owns 57 shares of the business services provider’s stock worth $263,000 after purchasing an additional 2 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Insider Buying and Selling at Booking

In other Booking news, Director Vanessa Ames Wittman sold 15 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the director owned 732 shares in the company, valued at $3,873,729.36. This trade represents a 2.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total value of $352,755.20. Following the transaction, the director directly owned 131 shares of the company’s stock, valued at $722,045.80. The trade was a 32.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,437 shares of company stock worth $18,460,963 in the last three months. 0.16% of the stock is currently owned by corporate insiders.

Booking Stock Performance

Shares of Booking stock opened at $5,050.65 on Wednesday. The stock has a market capitalization of $162.80 billion, a P/E ratio of 32.83, a P/E/G ratio of 1.57 and a beta of 1.34. Booking Holdings Inc. has a 52-week low of $4,096.23 and a 52-week high of $5,839.41. The stock’s 50-day simple moving average is $5,289.23 and its 200 day simple moving average is $5,414.69.

Booking (NASDAQ:BKNG) last issued its earnings results on Tuesday, October 28th. The business services provider reported $99.50 earnings per share for the quarter, topping analysts’ consensus estimates of $95.56 by $3.94. Booking had a net margin of 19.37% and a negative return on equity of 134.86%. The firm had revenue of $9.01 billion during the quarter, compared to analyst estimates of $8.71 billion. During the same quarter last year, the business earned $83.39 earnings per share. The company’s quarterly revenue was up 12.7% on a year-over-year basis. Booking has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities research analysts forecast that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 5th will be paid a dividend of $9.60 per share. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, December 5th. Booking’s payout ratio is presently 24.96%.

Wall Street Analyst Weigh In

BKNG has been the subject of several analyst reports. Cantor Fitzgerald decreased their price objective on shares of Booking from $5,590.00 to $5,550.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Robert W. Baird set a $6,325.00 price target on Booking in a research report on Wednesday, October 29th. BMO Capital Markets reissued an “outperform” rating and issued a $6,000.00 price objective (up previously from $5,700.00) on shares of Booking in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft upped their price objective on Booking from $6,723.00 to $6,790.00 and gave the company a “buy” rating in a research note on Tuesday, October 21st. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $5,433.00 target price on shares of Booking in a research note on Thursday, October 30th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $6,121.23.

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.