Koshinski Asset Management Inc. Sells 3 Shares of Booking Holdings Inc. $BKNG

Koshinski Asset Management Inc. reduced its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 87 shares of the business services provider’s stock after selling 3 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Booking were worth $505,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Atwood & Palmer Inc. purchased a new stake in Booking during the 2nd quarter valued at $29,000. Wealth Preservation Advisors LLC purchased a new stake in Booking during the 1st quarter valued at $28,000. O Brien Wealth Partners LLC purchased a new stake in Booking during the 2nd quarter valued at $35,000. First PREMIER Bank raised its holdings in 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. Finally, Keystone Global Partners LLC purchased a new stake in Booking during the 1st quarter valued at $32,000. 92.42% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. UBS Group increased their price target on Booking from $5,750.00 to $6,300.00 and gave the company a “buy” rating in a report on Monday, July 28th. Mizuho assumed coverage on Booking in a report on Monday, September 29th. They set a “neutral” rating and a $5,975.00 price target on the stock. Royal Bank Of Canada increased their price target on Booking from $5,900.00 to $6,100.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Hsbc Global Res upgraded Booking to a “strong-buy” rating in a research note on Thursday, July 17th. Finally, Susquehanna increased their target price on Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a research note on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $5,808.81.

Booking Stock Up 1.4%

BKNG stock opened at $5,141.88 on Tuesday. The business’s fifty day simple moving average is $5,454.63 and its two-hundred day simple moving average is $5,349.06. Booking Holdings Inc. has a twelve month low of $4,096.23 and a twelve month high of $5,839.41. The firm has a market cap of $166.65 billion, a price-to-earnings ratio of 35.76, a PEG ratio of 1.57 and a beta of 1.35.

Booking (NASDAQ:BKNG) last released its earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, topping analysts’ consensus estimates of $50.32 by $5.08. The business had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The business’s revenue was up 16.0% compared to the same quarter last year. During the same quarter last year, the firm posted $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. Research analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th were paid a dividend of $9.60 per share. The ex-dividend date was Friday, September 5th. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. Booking’s dividend payout ratio (DPR) is currently 26.71%.

Insider Activity

In other news, CEO Glenn D. Fogel sold 1,013 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total transaction of $5,588,639.96. Following the transaction, the chief executive officer owned 23,607 shares in the company, valued at approximately $130,237,930.44. This trade represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Larry Quinlan sold 64 shares of the firm’s stock in a transaction on 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 owned 131 shares in the company, valued at approximately $722,045.80. This represents a 32.82% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,197 shares of company stock worth $17,260,963. Company insiders own 0.16% of the company’s stock.

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.