Stratos Wealth Partners LTD. Has $3.92 Million Stock Position in Booking Holdings Inc. $BKNG

Stratos Wealth Partners LTD. lifted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 30.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 677 shares of the business services provider’s stock after acquiring an additional 157 shares during the period. Stratos Wealth Partners LTD.’s holdings in Booking were worth $3,920,000 as of its most recent SEC filing.

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

Insider Activity at Booking

In other Booking news, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $5,291.98, for a total transaction of $79,379.70. Following the sale, the director owned 732 shares in the company, valued at $3,873,729.36. The trade was a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 transaction of $352,755.20. Following the sale, the director owned 131 shares in the company, valued at approximately $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. Over the last ninety days, insiders sold 3,197 shares of company stock worth $17,260,963. 0.16% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

BKNG has been the topic of a number of research reports. Barclays upped their price target on shares of Booking from $5,700.00 to $6,000.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 30th. Benchmark reaffirmed a “buy” rating and issued a $6,200.00 target price (up from $6,000.00) on shares of Booking in a research report on Wednesday, July 30th. BMO Capital Markets reiterated an “outperform” rating and set a $6,000.00 price target (up from $5,700.00) on shares of Booking in a report on Wednesday, July 30th. Hsbc Global Res upgraded Booking to a “strong-buy” rating in a report on Thursday, July 17th. Finally, Wells Fargo & Company lifted their target price on shares of Booking from $5,418.00 to $5,443.00 and gave the company an “equal weight” rating in a research note on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $5,808.81.

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $5,070.02 on Friday. The stock’s 50-day moving average is $5,459.08 and its 200-day moving average is $5,336.87. The company has a market cap of $164.32 billion, a P/E ratio of 35.26, a P/E/G ratio of 1.57 and a beta of 1.35. Booking Holdings Inc. has a 52-week low of $4,096.23 and a 52-week high of $5,839.41.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share 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 negative return on equity of 134.19% and a net margin of 19.23%.Booking’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same period in the prior year, the business earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were issued a $9.60 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 annualized dividend and a yield of 0.8%. Booking’s dividend payout ratio is 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.