Booking Holdings Inc. (NASDAQ:BKNG) Director Radakovich Lynn Vojvodich Sells 22 Shares of Stock

Booking Holdings Inc. (NASDAQ:BKNG) Director Radakovich Lynn Vojvodich sold 22 shares of the company’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $3,437.25, for a total value of $75,619.50. Following the completion of the sale, the director now owns 189 shares of the company’s stock, valued at $649,640.25. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Radakovich Lynn Vojvodich also recently made the following trade(s):

• On Monday, April 15th, Radakovich Lynn Vojvodich sold 22 shares of Booking stock. The stock was sold at an average price of $3,583.07, for a total transaction of $78,827.54.
• On Friday, March 15th, Radakovich Lynn Vojvodich sold 28 shares of Booking stock. The shares were sold at an average price of $3,498.29, for a total transaction of $97,952.12.
• On Wednesday, February 7th, Radakovich Lynn Vojvodich sold 59 shares of Booking stock. The shares were sold at an average price of $3,700.00, for a total transaction of $218,300.00.

Booking Trading Up 3.0 %

Shares of BKNG stock opened at $3,577.38 on Friday. Booking Holdings Inc. has a twelve month low of $2,456.93 and a twelve month high of $3,918.00. The stock has a market cap of $121.70 billion, a price-to-earnings ratio of 26.83, a PEG ratio of 1.05 and a beta of 1.40. The company’s 50-day moving average price is $3,523.00 and its 200-day moving average price is $3,395.60.

Booking (NASDAQ:BKNG) last posted its earnings results on Thursday, May 2nd. The business services provider reported $20.39 earnings per share for the quarter, beating the consensus estimate of $14.03 by $6.36. The company had revenue of $4.42 billion for the quarter, compared to analyst estimates of $4.25 billion. Booking had a net margin of 21.81% and a negative return on equity of 433.49%. Booking’s revenue was up 16.9% on a year-over-year basis. During the same period in the previous year, the business posted $11.60 EPS. As a group, equities research analysts predict that Booking Holdings Inc. will post 176.1 EPS for the current year.

Booking Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 8th were given a $8.75 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $35.00 dividend on an annualized basis and a yield of 0.98%. Booking’s dividend payout ratio is currently 26.25%.

Hedge Funds Weigh In On Booking

A number of hedge funds have recently modified their holdings of the business. Activest Wealth Management acquired a new position in Booking during the 4th quarter worth about $25,000. Naples Money Management LLC acquired a new stake in Booking during the 4th quarter worth approximately $25,000. ICA Group Wealth Management LLC acquired a new stake in Booking during the 4th quarter worth approximately $25,000. Valued Wealth Advisors LLC purchased a new position in Booking in the 4th quarter valued at approximately $28,000. Finally, Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Booking during the fourth quarter worth $28,000. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BKNG has been the topic of several recent research reports. Wells Fargo & Company increased their target price on Booking from $3,435.00 to $3,494.00 and gave the company an “equal weight” rating in a research report on Friday. B. Riley assumed coverage on Booking in a research note on Wednesday, April 3rd. They issued a “buy” rating and a $4,400.00 target price on the stock. Erste Group Bank reissued a “hold” rating on shares of Booking in a research report on Wednesday, March 13th. JPMorgan Chase & Co. lifted their price objective on shares of Booking from $3,950.00 to $4,025.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $4,205.00 price target (up from $4,150.00) on shares of Booking in a report on Friday. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Booking has an average rating of “Moderate Buy” and an average target price of $3,823.00.

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.