Booking Holdings Inc. (NASDAQ:BKNG – Get Rating) Director Radakovich Lynn Vojvodich sold 35 shares of the company’s stock in a transaction on Thursday, December 15th. The shares were sold at an average price of $1,966.84, for a total transaction of $68,839.40. Following the completion of the transaction, the director now owns 758 shares of the company’s stock, valued at approximately $1,490,864.72. The sale was disclosed in a filing with the SEC, which is available at this link.
Radakovich Lynn Vojvodich also recently made the following trade(s):
- On Monday, October 17th, Radakovich Lynn Vojvodich sold 41 shares of Booking stock. The stock was sold at an average price of $1,750.00, for a total transaction of $71,750.00.
Booking Price Performance
BKNG stock traded down $27.14 during trading on Friday, hitting $1,938.55. The company had a trading volume of 805,690 shares, compared to its average volume of 419,550. The firm has a market capitalization of $75.19 billion, a price-to-earnings ratio of 32.28, a P/E/G ratio of 1.30 and a beta of 1.28. The business has a 50 day moving average of $1,899.92 and a 200 day moving average of $1,909.77. Booking Holdings Inc. has a fifty-two week low of $1,616.85 and a fifty-two week high of $2,715.66. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 2.36.
Booking (NASDAQ:BKNG – Get Rating) last posted its quarterly earnings data on Wednesday, November 2nd. The business services provider reported $53.03 earnings per share for the quarter, topping the consensus estimate of $49.40 by $3.63. The business had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.92 billion. Booking had a net margin of 15.23% and a return on equity of 81.11%. The company’s quarterly revenue was up 28.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $37.70 earnings per share. As a group, research analysts predict that Booking Holdings Inc. will post 93.35 earnings per share for the current year.
Institutional Investors Weigh In On Booking
Institutional investors and hedge funds have recently bought and sold shares of the business. Guardian Capital Advisors LP lifted its holdings in Booking by 129.2% in the 1st quarter. Guardian Capital Advisors LP now owns 424 shares of the business services provider’s stock valued at $925,000 after acquiring an additional 239 shares during the last quarter. Savant Capital LLC lifted its holdings in Booking by 2.0% in the 2nd quarter. Savant Capital LLC now owns 304 shares of the business services provider’s stock valued at $532,000 after acquiring an additional 6 shares during the last quarter. Seeyond lifted its holdings in Booking by 7.8% in the 2nd quarter. Seeyond now owns 611 shares of the business services provider’s stock valued at $1,068,000 after acquiring an additional 44 shares during the last quarter. Achmea Investment Management B.V. lifted its holdings in Booking by 66.3% in the 1st quarter. Achmea Investment Management B.V. now owns 1,911 shares of the business services provider’s stock valued at $4,488,000 after acquiring an additional 762 shares during the last quarter. Finally, Flagship Harbor Advisors LLC lifted its holdings in Booking by 11.6% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 318 shares of the business services provider’s stock valued at $556,000 after acquiring an additional 33 shares during the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several analysts have recently commented on BKNG shares. Ascendiant Capital Markets reduced their target price on shares of Booking to $2,500.00 in a research note on Tuesday, September 13th. Morgan Stanley increased their price target on shares of Booking from $2,000.00 to $2,150.00 and gave the company an “equal weight” rating in a report on Thursday, November 3rd. Mizuho cut their price target on shares of Booking from $2,300.00 to $2,170.00 and set a “buy” rating for the company in a report on Thursday, November 3rd. Wolfe Research downgraded shares of Booking from an “outperform” rating to a “peer perform” rating in a report on Wednesday, December 7th. Finally, Truist Financial dropped their target price on shares of Booking from $2,600.00 to $2,500.00 and set a “buy” rating for the company in a report on Friday, October 28th. Nine investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $2,424.85.
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.
See Also
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Read More: Booking Holdings Inc. (NASDAQ:BKNG) Director Sells $68,839.40 in Stock