Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Buttonwood Financial Advisors Inc.

Buttonwood Financial Advisors Inc. increased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 1.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 508 shares of the business services provider’s stock after purchasing an additional 8 shares during the quarter. Buttonwood Financial Advisors Inc.’s holdings in Booking were worth $1,372,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Grey Fox Wealth Advisors LLC acquired a new position in shares of Booking during the fourth quarter valued at approximately $26,000. Albion Financial Group UT bought a new position in Booking during the first quarter valued at about $27,000. Arlington Partners LLC acquired a new position in Booking during the first quarter worth about $27,000. Delta Asset Management LLC TN bought a new stake in Booking in the fourth quarter worth about $30,000. Finally, AXS Investments LLC acquired a new stake in Booking in the 4th quarter valued at about $30,000. Institutional investors own 92.13% of the company’s stock.

Insider Activity

In other news, CAO Susana D’emic sold 1,200 shares of Booking stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $3,203.49, for a total transaction of $3,844,188.00. Following the sale, the chief accounting officer now directly owns 6,278 shares in the company, valued at approximately $20,111,510.22. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, Director Radakovich Lynn Vojvodich sold 30 shares of the firm’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $3,026.39, for a total transaction of $90,791.70. Following the completion of the sale, the director now directly owns 614 shares of the company’s stock, valued at approximately $1,858,203.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Susana D’emic sold 1,200 shares of the business’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $3,203.49, for a total value of $3,844,188.00. Following the completion of the transaction, the chief accounting officer now directly owns 6,278 shares in the company, valued at approximately $20,111,510.22. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,012 shares of company stock worth $9,214,984. 0.15% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on BKNG shares. TheStreet upgraded shares of Booking from a “c+” rating to a “b-” rating in a research report on Thursday, August 3rd. Credit Suisse Group lifted their price target on Booking from $2,950.00 to $3,325.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Melius began coverage on shares of Booking in a research note on Monday, July 31st. They set an “overweight” rating and a $3,500.00 price objective for the company. JMP Securities boosted their target price on shares of Booking from $3,000.00 to $3,600.00 and gave the company an “outperform” rating in a research note on Monday, August 7th. Finally, Oppenheimer lifted their price target on Booking from $3,000.00 to $3,500.00 and gave the company an “outperform” rating in a report on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $3,137.29.

Booking Stock Performance

Shares of NASDAQ:BKNG traded down $37.41 on Friday, hitting $3,160.15. 857,599 shares of the company were exchanged, compared to its average volume of 210,014. The company has a debt-to-equity ratio of 11.16, a quick ratio of 1.55 and a current ratio of 1.55. The company’s 50 day moving average price is $3,036.39 and its two-hundred day moving average price is $2,760.30. Booking Holdings Inc. has a one year low of $1,616.85 and a one year high of $3,251.71. The firm has a market capitalization of $112.79 billion, a price-to-earnings ratio of 27.29, a PEG ratio of 1.11 and a beta of 1.35.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Thursday, August 3rd. The business services provider reported $37.62 earnings per share for the quarter, topping the consensus estimate of $28.84 by $8.78. The company had revenue of $5.50 billion for the quarter, compared to analyst estimates of $5.17 billion. Booking had a return on equity of 285.21% and a net margin of 23.04%. Booking’s revenue for the quarter was up 27.9% compared to the same quarter last year. During the same quarter last year, the firm earned $19.08 EPS. Research analysts expect that Booking Holdings Inc. will post 144.28 earnings per share for the current year.

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.