Booking Holdings Inc. $BKNG Shares Bought by Parcion Private Wealth LLC

Parcion Private Wealth LLC boosted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 4.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 72 shares of the business services provider’s stock after acquiring an additional 3 shares during the quarter. Parcion Private Wealth LLC’s holdings in Booking were worth $417,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. increased its position in Booking by 18.6% during the second quarter. Vontobel Holding Ltd. now owns 75,534 shares of the business services provider’s stock worth $437,284,000 after buying an additional 11,829 shares during the period. Sequoia Financial Advisors LLC increased its position in Booking by 20.0% during the second quarter. Sequoia Financial Advisors LLC now owns 1,052 shares of the business services provider’s stock worth $6,090,000 after buying an additional 175 shares during the period. Vest Financial LLC increased its holdings in shares of Booking by 0.7% in the second quarter. Vest Financial LLC now owns 9,090 shares of the business services provider’s stock valued at $52,624,000 after purchasing an additional 61 shares during the period. Nordea Investment Management AB increased its holdings in shares of Booking by 9.5% in the second quarter. Nordea Investment Management AB now owns 226,608 shares of the business services provider’s stock valued at $1,297,331,000 after purchasing an additional 19,578 shares during the period. Finally, NorthRock Partners LLC increased its holdings in shares of Booking by 12.8% in the second quarter. NorthRock Partners LLC now owns 494 shares of the business services provider’s stock valued at $2,860,000 after purchasing an additional 56 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Wall Street Analysts Forecast Growth

BKNG has been the topic of a number of recent research reports. Mizuho started coverage on Booking in a report on Monday, September 29th. They issued a “neutral” rating and a $5,975.00 target price on the stock. Susquehanna lifted their price target on Booking from $6,000.00 to $6,500.00 and gave the company a “positive” rating in a research note on Friday, August 1st. Wedbush restated a “neutral” rating and issued a $5,900.00 price target on shares of Booking in a research note on Wednesday, July 30th. Weiss Ratings restated a “buy (b)” rating on shares of Booking in a research note on Tuesday, October 14th. Finally, BTIG Research restated a “buy” rating and issued a $6,250.00 price target on shares of Booking in a research note on Wednesday, October 8th. Four investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $5,994.00.

Booking Trading Down 1.0%

Booking stock opened at $5,230.59 on Thursday. The firm has a market capitalization of $169.52 billion, a P/E ratio of 36.38, a PEG ratio of 1.64 and a beta of 1.35. The stock has a fifty day moving average price of $5,446.77 and a 200 day moving average price of $5,347.81. 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 released 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 firm had revenue of $6.80 billion during 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 quarterly revenue was up 16.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $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 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 yield of 0.7%. Booking’s dividend payout ratio is currently 26.71%.

Insiders Place Their Bets

In other Booking news, CEO Glenn D. Fogel sold 625 shares of the company’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $5,141.53, for a total transaction of $3,213,456.25. Following the completion of the sale, the chief executive officer directly owned 22,982 shares in the company, valued at $118,162,642.46. This represents a 2.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Larry Quinlan sold 64 shares of the company’s 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 sale, the director owned 131 shares of the company’s stock, valued at $722,045.80. This represents a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,197 shares of company stock worth $17,260,963 over the last three months. 0.16% of the stock is owned by insiders.

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.