Phoenix Financial Ltd. Has $1.59 Million Stock Position in Booking Holdings Inc. $BKNG

Phoenix Financial Ltd. decreased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 43.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 274 shares of the business services provider’s stock after selling 210 shares during the period. Phoenix Financial Ltd.’s holdings in Booking were worth $1,586,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in BKNG. Wealth Preservation Advisors LLC acquired a new position in Booking in the 1st quarter valued at approximately $28,000. Atwood & Palmer Inc. acquired a new position in shares of Booking in the 2nd quarter worth approximately $29,000. Keystone Global Partners LLC acquired a new position in shares of Booking in the 1st quarter worth approximately $32,000. O Brien Wealth Partners LLC acquired a new position in shares of Booking in the 2nd quarter worth approximately $35,000. Finally, First PREMIER Bank raised its holdings in shares of Booking by 100.0% in the 2nd quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after buying an additional 3 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Insider Activity at Booking

In other news, CEO Glenn D. Fogel sold 625 shares of the company’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $5,141.53, for a total value of $3,213,456.25. Following the completion of the sale, the chief executive officer directly owned 22,982 shares of the company’s stock, valued at $118,162,642.46. This represents a 2.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Larry Quinlan sold 64 shares of the 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 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. Over the last quarter, insiders sold 3,197 shares of company stock worth $17,260,963. 0.16% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on BKNG shares. B. Riley reissued a “buy” rating and issued a $6,700.00 target price (up from $6,100.00) on shares of Booking in a report on Wednesday, July 30th. Hsbc Global Res raised Booking to a “strong-buy” rating in a report on Thursday, July 17th. Erste Group Bank raised Booking from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. Evercore ISI raised their price target on Booking from $5,500.00 to $6,250.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Finally, Bank of America raised their price target on Booking from $5,820.00 to $5,850.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $5,928.00.

Booking Stock Performance

Shares of BKNG opened at $5,286.00 on Wednesday. The firm has a market capitalization of $171.32 billion, a price-to-earnings ratio of 36.76, a PEG ratio of 1.59 and a beta of 1.35. The business’s fifty day moving average price is $5,451.12 and its two-hundred day moving average price is $5,348.62. 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 announced its quarterly earnings data 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 firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The business’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same period last year, the company earned $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were paid 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 dividend yield of 0.7%. Booking’s payout ratio is 26.71%.

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.