Banco Santander S.A. Has $23.67 Million Stake in Booking Holdings Inc. $BKNG

Banco Santander S.A. decreased its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 34.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,088 shares of the business services provider’s stock after selling 2,134 shares during the period. Banco Santander S.A.’s holdings in Booking were worth $23,666,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Wealth Preservation Advisors LLC bought a new position in Booking during the first quarter valued at approximately $28,000. Atwood & Palmer Inc. bought a new position in Booking during the second quarter valued at approximately $29,000. Keystone Global Partners LLC bought a new position in Booking during the first quarter valued at approximately $32,000. O Brien Wealth Partners LLC bought a new position in Booking during the second quarter valued at approximately $35,000. Finally, First PREMIER Bank raised its position in Booking by 100.0% during the second quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock valued at $35,000 after acquiring an additional 3 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

BKNG has been the topic of several recent research reports. DA Davidson raised their price objective on shares of Booking from $5,750.00 to $6,500.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Mizuho initiated coverage on shares of Booking in a research report on Monday, September 29th. They set a “neutral” rating and a $5,975.00 price objective on the stock. Susquehanna raised their price objective on shares of Booking from $6,000.00 to $6,500.00 and gave the company a “positive” rating in a research report on Friday, August 1st. B. Riley reaffirmed a “buy” rating and set a $6,700.00 price objective (up previously from $6,100.00) on shares of Booking in a research report on Wednesday, July 30th. Finally, Benchmark reissued a “buy” rating and issued a $6,200.00 price target (up previously from $6,000.00) on shares of Booking in a research report on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $6,010.41.

Booking Stock Up 1.0%

NASDAQ:BKNG opened at $5,146.16 on Monday. Booking Holdings Inc. has a 12 month low of $4,096.23 and a 12 month high of $5,839.41. The firm has a market cap of $166.79 billion, a price-to-earnings ratio of 35.79, a P/E/G ratio of 1.59 and a beta of 1.35. The company’s 50 day moving average is $5,432.78 and its 200-day moving average is $5,374.01.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating analysts’ consensus estimates of $50.32 by $5.08. The company had revenue of $6.80 billion for 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%. The company’s quarterly 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 predict that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Insider Transactions at Booking

In other news, 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 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Glenn D. Fogel sold 625 shares of the firm’s stock in a transaction on 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 owned 22,982 shares in the company, valued at approximately $118,162,642.46. The trade was a 2.65% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,197 shares of company stock worth $17,260,963. 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.