Jackson Thornton Wealth Management LLC Acquires 13 Shares of Booking Holdings Inc. $BKNG

Jackson Thornton Wealth Management LLC boosted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 28.9% during the 2nd quarter, Holdings Channel reports. The fund owned 58 shares of the business services provider’s stock after buying an additional 13 shares during the period. Jackson Thornton Wealth Management LLC’s holdings in Booking were worth $331,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Fidelis Capital Partners LLC boosted its holdings in shares of Booking by 1.2% in 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 in the last quarter. WNY Asset Management LLC boosted its holdings in shares of Booking by 3.7% in the 1st quarter. WNY Asset Management LLC now owns 56 shares of the business services provider’s stock valued at $258,000 after buying an additional 2 shares in the last quarter. Gries Financial LLC boosted its holdings in shares of Booking by 1.6% in the 1st quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock valued at $576,000 after buying an additional 2 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its holdings in shares of Booking by 0.5% in the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock valued at $1,854,000 after buying an additional 2 shares in the last quarter. Finally, Nicolet Advisory Services LLC boosted its holdings in shares of Booking by 0.8% in the 1st quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider’s stock valued at $1,070,000 after buying an additional 2 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Booking news, Director Larry Quinlan sold 64 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the completion of the transaction, the director directly owned 131 shares of the company’s stock, valued at approximately $722,045.80. This trade represents a 32.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Glenn D. Fogel sold 1,013 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total transaction of $5,588,639.96. Following the transaction, the chief executive officer directly owned 23,607 shares of the company’s stock, valued at $130,237,930.44. This represents a 4.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,197 shares of company stock valued at $17,260,963. 0.16% of the stock is owned by insiders.

Booking Stock Up 1.4%

Shares of Booking stock opened at $5,141.88 on Tuesday. The firm has a market capitalization of $166.65 billion, a P/E ratio of 35.76, a PEG ratio of 1.57 and a beta of 1.35. The company has a 50 day moving average price of $5,454.63 and a 200 day moving average price of $5,349.06. 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 posted its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $50.32 by $5.08. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The company had revenue of $6.80 billion during the quarter, compared to analyst estimates of $6.54 billion. During the same period last year, the firm posted $41.90 EPS. Booking’s revenue for the quarter was up 16.0% compared to the same quarter last year. Booking has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were given 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 (DPR) is currently 26.71%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on BKNG shares. Royal Bank Of Canada raised their price target on shares of Booking from $5,900.00 to $6,100.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Barclays raised their price target on shares of Booking from $5,700.00 to $6,000.00 and gave the company an “overweight” rating in a report on Wednesday, July 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Booking in a research report on Tuesday, October 14th. DA Davidson increased 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. Finally, Citigroup increased their price objective on shares of Booking from $5,560.00 to $6,500.00 and gave the company a “buy” rating in a research report on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $5,808.81.

About Booking

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.