CVA Family Office LLC lessened its holdings in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 5.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51 shares of the business services provider’s stock after selling 3 shares during the quarter. CVA Family Office LLC’s holdings in Booking were worth $295,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Fidelis Capital Partners LLC grew its position in shares of Booking by 1.2% during the 1st quarter. Fidelis Capital Partners LLC now owns 167 shares of the business services provider’s stock valued at $809,000 after buying an additional 2 shares during the last quarter. WNY Asset Management LLC boosted its stake in Booking by 3.7% in the first quarter. WNY Asset Management LLC now owns 56 shares of the business services provider’s stock valued at $258,000 after acquiring an additional 2 shares during the period. Gries Financial LLC grew its holdings in shares of Booking by 1.6% during the first quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock valued at $576,000 after purchasing an additional 2 shares during the last quarter. Sheaff Brock Investment Advisors LLC grew its holdings in shares of Booking by 0.5% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock valued at $1,854,000 after purchasing an additional 2 shares during the last quarter. Finally, Nicolet Advisory Services LLC raised its position in shares of Booking by 0.8% during the 1st quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider’s stock worth $1,070,000 after purchasing an additional 2 shares during the period. 92.42% of the stock is owned by institutional investors and hedge funds.
Booking Stock Up 1.0%
Shares of Booking stock opened at $5,146.16 on Friday. The business has a fifty day simple moving average of $5,432.78 and a 200-day simple moving average of $5,368.74. Booking Holdings Inc. has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41. The firm has a market cap of $166.79 billion, a price-to-earnings ratio of 35.79, a price-to-earnings-growth ratio of 1.59 and a beta of 1.35.
Insider Buying and Selling
In other Booking news, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $5,291.98, for a total value of $79,379.70. Following the transaction, the director owned 732 shares in the company, valued at approximately $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 SEC, which can be accessed through this hyperlink. Also, CEO Glenn D. Fogel sold 625 shares of the stock in a transaction on 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 of the company’s stock, valued at $118,162,642.46. This trade represents a 2.65% decrease in their position. 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. Corporate insiders own 0.16% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the company. Evercore ISI upped their price objective on Booking from $5,500.00 to $6,250.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Citigroup increased their price objective on shares of Booking from $5,560.00 to $6,500.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. UBS Group boosted their target price on shares of Booking from $6,363.00 to $6,743.00 and gave the company a “buy” rating in a research note on Friday. Piper Sandler restated a “neutral” rating and issued a $5,750.00 price target (up previously from $5,077.00) on shares of Booking in a research note on Wednesday, July 30th. Finally, Mizuho started 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. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, Booking has a consensus rating of “Moderate Buy” and a consensus target price of $6,010.41.
Read Our Latest Stock Report on BKNG
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.
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