Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Tranquilli Financial Advisor LLC

Tranquilli Financial Advisor LLC trimmed its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 11.6% in the fourth quarter, HoldingsChannel reports. The firm owned 296 shares of the business services provider’s stock after selling 39 shares during the period. Tranquilli Financial Advisor LLC’s holdings in Booking were worth $1,471,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in BKNG. Algert Global LLC raised its position in Booking by 34.5% during the second quarter. Algert Global LLC now owns 117 shares of the business services provider’s stock valued at $463,000 after acquiring an additional 30 shares in the last quarter. Czech National Bank boosted its position in Booking by 5.6% in the third quarter. Czech National Bank now owns 6,829 shares of the business services provider’s stock valued at $28,765,000 after buying an additional 363 shares in the last quarter. Park Avenue Securities LLC raised its stake in shares of Booking by 2.3% in the third quarter. Park Avenue Securities LLC now owns 574 shares of the business services provider’s stock worth $2,418,000 after acquiring an additional 13 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Booking by 27.4% during the 3rd quarter. GAMMA Investing LLC now owns 400 shares of the business services provider’s stock worth $1,685,000 after buying an additional 86 shares during the period. Finally, Diversified Trust Co raised its holdings in Booking by 3.8% during the 3rd quarter. Diversified Trust Co now owns 1,146 shares of the business services provider’s stock worth $4,831,000 after buying an additional 42 shares during the period. Institutional investors own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on BKNG. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Cantor Fitzgerald cut their target price on Booking from $5,100.00 to $4,900.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 29th. Tigress Financial upped their price target on Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a report on Monday, November 18th. Piper Sandler lifted their price objective on shares of Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Finally, Wells Fargo & Company lowered their price objective on shares of Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 16th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Price Performance

Booking stock opened at $4,692.90 on Tuesday. The firm has a market cap of $155.33 billion, a PE ratio of 31.84, a price-to-earnings-growth ratio of 1.62 and a beta of 1.39. The stock’s fifty day moving average price is $4,992.18 and its two-hundred day moving average price is $4,436.74. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24.

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.