Capital Investment Services of America Inc. Sells 24 Shares of Booking Holdings Inc. $BKNG

Capital Investment Services of America Inc. reduced its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 0.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,405 shares of the business services provider’s stock after selling 24 shares during the period. Booking accounts for about 2.9% of Capital Investment Services of America Inc.’s holdings, making the stock its 12th biggest position. Capital Investment Services of America Inc.’s holdings in Booking were worth $31,291,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Forum Financial Management LP boosted its stake in shares of Booking by 23.1% in the 2nd quarter. Forum Financial Management LP now owns 160 shares of the business services provider’s stock worth $926,000 after buying an additional 30 shares during the last quarter. Rehmann Capital Advisory Group purchased a new position in Booking in the second quarter worth $227,000. Parcion Private Wealth LLC grew its stake in Booking by 4.3% in the 2nd quarter. Parcion Private Wealth LLC now owns 72 shares of the business services provider’s stock valued at $417,000 after purchasing an additional 3 shares during the period. TFB Advisors LLC bought a new position in Booking in the 2nd quarter valued at $261,000. Finally, Family Capital Management Inc. purchased a new stake in shares of Booking during the 2nd quarter valued at $220,000. 92.42% of the stock is owned by institutional investors.

Booking Trading Down 1.0%

Shares of BKNG stock opened at $5,230.59 on Thursday. The firm’s 50 day moving average is $5,446.77 and its 200 day moving average is $5,347.81. The stock 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. Booking Holdings Inc. has a 12 month low of $4,096.23 and a 12 month high of $5,839.41.

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

Booking Announces Dividend

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

Insider Buying and Selling

In other Booking news, Director Larry Quinlan sold 64 shares of the firm’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 completion of the transaction, the director owned 131 shares in the company, valued at $722,045.80. This trade represents a 32.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Glenn D. Fogel sold 625 shares of the company’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $5,141.53, for a total value of $3,213,456.25. Following the sale, the chief executive officer owned 22,982 shares in the company, valued at approximately $118,162,642.46. This represents a 2.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,197 shares of company stock valued at $17,260,963. Corporate insiders own 0.16% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on BKNG. B. Riley reissued a “buy” rating and issued a $6,700.00 price target (up from $6,100.00) on shares of Booking in a report on Wednesday, July 30th. BTIG Research reiterated a “buy” rating and issued a $6,250.00 target price on shares of Booking in a research note on Wednesday, October 8th. Benchmark restated a “buy” rating and set a $6,200.00 price target (up previously from $6,000.00) on shares of Booking in a research note on Wednesday, July 30th. Susquehanna lifted their price target on shares of Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a report on Friday, August 1st. Finally, Truist Financial increased their price objective on Booking from $4,720.00 to $5,630.00 and gave the company a “hold” rating in a report on Monday, July 14th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $5,994.00.

Booking Company 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.