Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Brighton Jones LLC

Brighton Jones LLC lifted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 203 shares of the business services provider’s stock after acquiring an additional 7 shares during the period. Brighton Jones LLC’s holdings in Booking were worth $721,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Activest Wealth Management bought a new position in shares of Booking during the fourth quarter valued at approximately $25,000. Naples Money Management LLC acquired a new position in Booking during the 4th quarter valued at approximately $25,000. Valued Wealth Advisors LLC bought a new position in Booking during the 4th quarter worth $28,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Booking in the fourth quarter worth $28,000. Finally, Bourgeon Capital Management LLC bought a new stake in Booking in the fourth quarter valued at $28,000. 92.42% of the stock is currently owned by institutional investors.

Insider Transactions at Booking

In other Booking news, Director Radakovich Lynn Vojvodich sold 59 shares of the stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $3,700.00, for a total value of $218,300.00. Following the completion of the sale, the director now directly owns 289 shares of the company’s stock, valued at approximately $1,069,300. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, CEO Glenn D. Fogel sold 750 shares of the firm’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $3,534.10, for a total transaction of $2,650,575.00. Following the completion of the transaction, the chief executive officer now directly owns 26,971 shares of the company’s stock, valued at approximately $95,318,211.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Radakovich Lynn Vojvodich sold 59 shares of the company’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $3,700.00, for a total transaction of $218,300.00. Following the completion of the sale, the director now directly owns 289 shares in the company, valued at approximately $1,069,300. The disclosure for this sale can be found here. Insiders sold a total of 5,461 shares of company stock worth $18,815,825 over the last three months. 0.15% of the stock is currently owned by insiders.

Booking Stock Performance

BKNG opened at $3,415.64 on Thursday. Booking Holdings Inc. has a twelve month low of $2,456.93 and a twelve month high of $3,918.00. The business has a 50 day moving average price of $3,531.58 and a 200 day moving average price of $3,395.06. The firm has a market cap of $116.20 billion, a P/E ratio of 28.95, a price-to-earnings-growth ratio of 1.05 and a beta of 1.40.

Booking (NASDAQ:BKNG) last announced its earnings results on Thursday, February 22nd. The business services provider reported $32.00 EPS for the quarter, topping the consensus estimate of $29.72 by $2.28. Booking had a net margin of 20.08% and a negative return on equity of 751.49%. The firm had revenue of $4.78 billion for the quarter, compared to the consensus estimate of $4.71 billion. During the same quarter last year, the firm posted $24.74 EPS. The business’s quarterly revenue was up 18.2% on a year-over-year basis. As a group, analysts anticipate that Booking Holdings Inc. will post 176.1 earnings per share for the current fiscal year.

Booking Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 8th were given a $8.75 dividend. This represents a $35.00 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend was Thursday, March 7th. Booking’s dividend payout ratio is currently 29.67%.

Analyst Upgrades and Downgrades

Several research firms have commented on BKNG. JMP Securities upped their target price on shares of Booking from $3,600.00 to $3,950.00 and gave the stock a “market outperform” rating in a research report on Monday, February 26th. Wedbush restated an “outperform” rating and issued a $3,850.00 target price on shares of Booking in a research report on Tuesday. Edward Jones reiterated a “hold” rating on shares of Booking in a research report on Friday, February 16th. Barclays lowered their price target on Booking from $3,900.00 to $3,800.00 and set an “overweight” rating on the stock in a report on Friday, February 23rd. Finally, Seaport Res Ptn restated a “buy” rating on shares of Booking in a research note on Tuesday, February 20th. Eight investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Booking has an average rating of “Moderate Buy” and an average price target of $3,723.41.

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.