McAdam LLC Has $324,000 Stake in Booking Holdings Inc. $BKNG

McAdam LLC lowered its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56 shares of the business services provider’s stock after selling 2 shares during the period. McAdam LLC’s holdings in Booking were worth $324,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Wealth Preservation Advisors LLC bought a new position in Booking during the first quarter worth about $28,000. Atwood & Palmer Inc. acquired a new stake in shares of Booking in the 2nd quarter valued at $29,000. Keystone Global Partners LLC bought a new position in Booking during the 1st quarter valued at about $32,000. O Brien Wealth Partners LLC bought a new position in Booking during the 2nd quarter valued at about $35,000. Finally, First PREMIER Bank increased its holdings in shares of Booking by 100.0% during the second quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after buying an additional 3 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on BKNG. Morgan Stanley set a $5,650.00 price objective on shares of Booking and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. Truist Financial lifted their price target on Booking from $4,720.00 to $5,630.00 and gave the company a “hold” rating in a report on Monday, July 14th. BMO Capital Markets restated 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. Royal Bank Of Canada raised their price objective on shares of Booking from $5,900.00 to $6,100.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Finally, UBS Group increased their price target on shares of Booking from $5,750.00 to $6,300.00 and gave the company a “buy” rating in a research note on Monday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Booking currently has an average rating of “Moderate Buy” and an average price target of $5,808.81.

Insider Buying and Selling

In related news, Director Vanessa Ames Wittman sold 15 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total transaction of $82,500.00. Following the sale, the director owned 747 shares of the company’s stock, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Larry Quinlan sold 64 shares of the stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total value of $352,755.20. Following the completion of the sale, the director owned 131 shares of the company’s stock, valued at $722,045.80. This trade represents a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,195 shares of company stock valued at $23,467,630. 0.16% of the stock is owned by company insiders.

Booking Price Performance

Shares of NASDAQ BKNG opened at $5,548.00 on Friday. The company’s 50 day simple moving average is $5,553.44 and its 200 day simple moving average is $5,264.07. Booking Holdings Inc. has a fifty-two week low of $4,060.98 and a fifty-two week high of $5,839.41. The firm has a market capitalization of $179.81 billion, a P/E ratio of 38.58, a P/E/G ratio of 1.61 and a beta of 1.39.

Booking (NASDAQ:BKNG) last issued its earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating the consensus estimate of $50.32 by $5.08. The company had revenue of $6.80 billion during the quarter, compared to analysts’ expectations of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Announces Dividend

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

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.