David I. Goulden Sells 550 Shares of Booking Holdings Inc. (NASDAQ:BKNG) Stock

Booking Holdings Inc. (NASDAQ:BKNGGet Rating) CFO David I. Goulden sold 550 shares of the stock in a transaction on Tuesday, January 17th. The shares were sold at an average price of $2,297.91, for a total value of $1,263,850.50. Following the sale, the chief financial officer now directly owns 4,969 shares in the company, valued at $11,418,314.79. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Booking Stock Up 1.2 %

Shares of BKNG opened at $2,344.29 on Friday. The company has a market capitalization of $90.93 billion, a PE ratio of 38.50, a price-to-earnings-growth ratio of 1.16 and a beta of 1.26. The business’s 50 day moving average is $2,060.32 and its 200 day moving average is $1,924.29. 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 Holdings Inc. has a 12-month low of $1,616.85 and a 12-month high of $2,715.66.

Booking (NASDAQ:BKNGGet Rating) last released its quarterly earnings results on Wednesday, November 2nd. The business services provider reported $53.03 earnings per share for the quarter, beating the consensus estimate of $49.40 by $3.63. The business had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.92 billion. Booking had a return on equity of 81.11% and a net margin of 15.23%. The firm’s revenue for the quarter was up 28.8% compared to the same quarter last year. During the same quarter last year, the business posted $37.70 EPS. Research analysts expect that Booking Holdings Inc. will post 95.72 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BKNG has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on Booking to $2,370.00 and gave the company a “buy” rating in a research report on Thursday, November 3rd. Susquehanna Bancshares lowered their target price on Booking from $2,800.00 to $2,650.00 and set a “positive” rating on the stock in a report on Monday, November 7th. Mizuho lowered their target price on Booking from $2,300.00 to $2,170.00 and set a “buy” rating on the stock in a report on Thursday, November 3rd. Wells Fargo & Company increased their target price on Booking from $2,050.00 to $2,400.00 and gave the company an “equal weight” rating in a report on Thursday. Finally, Jefferies Financial Group lowered their target price on Booking from $2,700.00 to $2,250.00 and set a “buy” rating on the stock in a report on Thursday, October 6th. Nine investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2,434.46.

Hedge Funds Weigh In On Booking

Several institutional investors have recently added to or reduced their stakes in the company. Zullo Investment Group Inc. grew its holdings in Booking by 11.1% during the 2nd quarter. Zullo Investment Group Inc. now owns 50 shares of the business services provider’s stock valued at $87,000 after buying an additional 5 shares in the last quarter. Belpointe Asset Management LLC boosted its holdings in shares of Booking by 2.8% in the 3rd quarter. Belpointe Asset Management LLC now owns 186 shares of the business services provider’s stock worth $305,000 after purchasing an additional 5 shares during the period. Wealthsource Partners LLC boosted its holdings in shares of Booking by 1.7% in the 3rd quarter. Wealthsource Partners LLC now owns 305 shares of the business services provider’s stock worth $501,000 after purchasing an additional 5 shares during the period. Mutual Advisors LLC boosted its holdings in shares of Booking by 0.9% in the 4th quarter. Mutual Advisors LLC now owns 580 shares of the business services provider’s stock worth $1,169,000 after purchasing an additional 5 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Booking by 0.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 662 shares of the business services provider’s stock worth $1,554,000 after purchasing an additional 5 shares during the period. Hedge funds and other institutional investors own 89.23% of the company’s stock.

Booking Company Profile

(Get Rating)

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.

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