Booking Holdings Inc. $BKNG Shares Sold by Acorn Financial Advisory Services Inc. ADV

Acorn Financial Advisory Services Inc. ADV trimmed its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 4.3% during the second quarter, HoldingsChannel.com reports. The fund owned 45 shares of the business services provider’s stock after selling 2 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in Booking were worth $258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Kingswood Wealth Advisors LLC increased its holdings in shares of Booking by 27.3% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 182 shares of the business services provider’s stock valued at $844,000 after acquiring an additional 39 shares during the period. Vontobel Holding Ltd. increased its holdings in shares of Booking by 18.6% in the 2nd quarter. Vontobel Holding Ltd. now owns 75,534 shares of the business services provider’s stock valued at $437,284,000 after acquiring an additional 11,829 shares during the period. Sequoia Financial Advisors LLC increased its holdings in shares of Booking by 20.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,052 shares of the business services provider’s stock valued at $6,090,000 after acquiring an additional 175 shares during the period. Overbrook Management Corp increased its stake in Booking by 49.5% in the 2nd quarter. Overbrook Management Corp now owns 3,314 shares of the business services provider’s stock valued at $19,186,000 after buying an additional 1,098 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in Booking in the 1st quarter valued at $203,000. 92.42% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Vanessa Ames Wittman sold 15 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $5,500.00, for a total value of $82,500.00. Following the sale, the director directly owned 747 shares in the company, valued at $4,108,500. The trade was a 1.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Larry Quinlan sold 64 shares of the business’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the completion of the sale, the director owned 131 shares in the company, 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 have sold 2,169 shares of company stock worth $11,929,560 in the last three months. Corporate insiders own 0.16% of the company’s stock.

Booking Stock Up 0.5%

NASDAQ:BKNG opened at $5,280.14 on Wednesday. Booking Holdings Inc. has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41. The stock has a market cap of $171.13 billion, a PE ratio of 36.72, a price-to-earnings-growth ratio of 1.63 and a beta of 1.35. The firm’s fifty day simple moving average is $5,484.50 and its 200-day simple moving average is $5,329.08.

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

Booking Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BKNG. Cantor Fitzgerald reissued a “neutral” rating on shares of Booking in a research note on Wednesday, July 30th. BTIG Research reissued a “buy” rating and issued a $6,250.00 price objective on shares of Booking in a research note on Wednesday, October 8th. Erste Group Bank raised shares of Booking from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Booking in a research note on Tuesday. Finally, Royal Bank Of Canada boosted their price objective on shares of Booking from $5,900.00 to $6,100.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $5,808.81.

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.