Boomfish Wealth Group LLC Has $2.77 Million Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Boomfish Wealth Group LLC cut its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 9.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 558 shares of the business services provider’s stock after selling 56 shares during the period. Booking makes up approximately 1.7% of Boomfish Wealth Group LLC’s investment portfolio, making the stock its 17th largest position. Boomfish Wealth Group LLC’s holdings in Booking were worth $2,772,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of BKNG. Jamison Private Wealth Management Inc. acquired a new position in shares of Booking during the third quarter worth $25,000. AEGON ASSET MANAGEMENT UK Plc bought a new position in shares of Booking during the fourth quarter worth about $25,000. West Financial Advisors LLC bought a new stake in shares of Booking in the 3rd quarter valued at $29,000. Addison Advisors LLC grew its holdings in Booking by 80.0% during the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after acquiring an additional 4 shares during the period. Finally, Carmichael Hill & Associates Inc. increased its holdings in Booking by 66.7% in the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after purchasing an additional 4 shares in the last quarter. Institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Robert W. Baird initiated coverage on shares of Booking in a research note on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price objective for the company. The Goldman Sachs Group increased their price objective on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Mizuho upped their price target on Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th. Truist Financial boosted their price objective on Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a report on Thursday, November 7th. Finally, Benchmark restated a “buy” rating and set a $4,600.00 price target on shares of Booking in a research note on Tuesday, October 29th. Ten research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $5,044.43.

Booking Trading Up 1.1 %

Shares of BKNG stock opened at $4,774.33 on Friday. The company has a market cap of $158.03 billion, a PE ratio of 32.40, a PEG ratio of 1.61 and a beta of 1.41. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The business’s fifty day simple moving average is $5,009.47 and its 200-day simple moving average is $4,424.49.

About Booking

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.