Capital Market Strategies LLC Has $649,000 Stake in Booking Holdings Inc. $BKNG

Capital Market Strategies LLC trimmed its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 9.7% during the second quarter, Holdings Channel.com reports. The firm owned 112 shares of the business services provider’s stock after selling 12 shares during the period. Capital Market Strategies LLC’s holdings in Booking were worth $649,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Wealth Preservation Advisors LLC acquired a new position in shares of Booking during the first quarter worth approximately $28,000. Keystone Global Partners LLC acquired a new position in shares of Booking during the first quarter worth approximately $32,000. Activest Wealth Management lifted its position in shares of Booking by 300.0% during the first quarter. Activest Wealth Management now owns 8 shares of the business services provider’s stock worth $37,000 after purchasing an additional 6 shares in the last quarter. Alpine Bank Wealth Management acquired a new position in shares of Booking during the first quarter worth approximately $41,000. Finally, WPG Advisers LLC acquired a new position in shares of Booking during the first quarter worth approximately $41,000. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Booking

In related news, CEO Glenn D. Fogel sold 1,013 shares of the firm’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the completion of the transaction, the chief executive officer owned 24,620 shares of the company’s stock, valued at approximately $134,841,031.80. This trade represents a 3.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Larry Quinlan sold 64 shares of the firm’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $5,587.11, for a total transaction of $357,575.04. Following the completion of the transaction, the director directly owned 195 shares of the company’s stock, valued at approximately $1,089,486.45. This trade represents a 24.71% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,116 shares of company stock valued at $22,869,434 in the last three months. 0.16% of the stock is owned by insiders.

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $5,458.32 on Friday. The company has a 50 day moving average price of $5,594.00 and a two-hundred day moving average price of $5,214.50. Booking Holdings Inc. has a 52 week low of $3,894.51 and a 52 week high of $5,839.41. The company has a market capitalization of $176.90 billion, a PE ratio of 37.96, a PEG ratio of 1.59 and a beta of 1.39.

Booking (NASDAQ:BKNG) last issued its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $50.32 by $5.08. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The company had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. During the same quarter in the prior year, the firm earned $41.90 earnings per share. The firm’s revenue was up 16.0% compared to the same quarter last year. Booking has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be given a dividend of $9.60 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. Booking’s dividend payout ratio is currently 26.71%.

Analyst Ratings Changes

BKNG has been the topic of a number of research reports. Susquehanna upped their target price on shares of Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a research report on Friday, August 1st. Benchmark restated a “buy” rating and issued a $6,200.00 price objective (up from $6,000.00) on shares of Booking in a report on Wednesday, July 30th. Hsbc Global Res upgraded shares of Booking to a “strong-buy” rating in a report on Thursday, July 17th. Truist Financial increased their price objective on shares of Booking from $4,720.00 to $5,630.00 and gave the company a “hold” rating in a report on Monday, July 14th. Finally, B. Riley restated a “buy” rating and issued a $6,700.00 price objective (up from $6,100.00) on shares of Booking in a report on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Booking presently has an average rating of “Moderate Buy” and an average price target of $5,808.81.

Booking 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.