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

Booking Holdings Inc. (NASDAQ:BKNG) Director Radakovich Lynn Vojvodich sold 22 shares of Booking stock in a transaction dated 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 transaction, the director now directly owns 189 shares in the company, valued at approximately $649,640.25. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• On Monday, April 15th, Radakovich Lynn Vojvodich sold 22 shares of Booking stock. The shares were 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 stock was 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 Price Performance

Shares of NASDAQ BKNG traded up $104.47 during trading hours on Friday, hitting $3,577.38. 534,621 shares of the stock were exchanged, compared to its average volume of 269,375. The firm has a market capitalization of $121.70 billion, a P/E ratio of 30.32, a P/E/G ratio of 1.04 and a beta of 1.40. Booking Holdings Inc. has a one year low of $2,456.93 and a one year high of $3,918.00. The company’s 50 day moving average is $3,523.00 and its 200 day moving average is $3,395.60.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Thursday, May 2nd. The business services provider reported $20.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $14.03 by $6.36. The company had revenue of $4.42 billion during the quarter, compared to analysts’ expectations of $4.25 billion. Booking had a net margin of 20.08% and a negative return on equity of 751.49%. The business’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same period in the prior year, the company earned $11.60 earnings per share. Research analysts anticipate that Booking Holdings Inc. will post 176.1 earnings per share for the current fiscal year.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 8th were paid a $8.75 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $35.00 annualized dividend and a dividend yield of 0.98%. Booking’s payout ratio is 29.67%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BKNG. Diversified Trust Co raised its position in shares of Booking by 0.4% in the fourth quarter. Diversified Trust Co now owns 764 shares of the business services provider’s stock valued at $2,710,000 after purchasing an additional 3 shares during the period. Howard Financial Services LTD. raised its holdings in Booking by 2.4% in the 4th quarter. Howard Financial Services LTD. now owns 129 shares of the business services provider’s stock valued at $458,000 after acquiring an additional 3 shares during the period. Rockland Trust Co. lifted its position in Booking by 3.5% during the fourth quarter. Rockland Trust Co. now owns 88 shares of the business services provider’s stock worth $312,000 after acquiring an additional 3 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Booking by 4.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 69 shares of the business services provider’s stock worth $245,000 after acquiring an additional 3 shares during the period. Finally, Silver Oak Securities Incorporated grew its position in shares of Booking by 1.9% in the fourth quarter. Silver Oak Securities Incorporated now owns 164 shares of the business services provider’s stock valued at $582,000 after purchasing an additional 3 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on BKNG. Edward Jones reissued a “hold” rating on shares of Booking in a research note on Friday, February 16th. Wells Fargo & Company increased their price objective on Booking from $3,435.00 to $3,494.00 and gave the stock an “equal weight” rating in a research note on Friday. Susquehanna lifted their target price on Booking from $3,600.00 to $4,100.00 and gave the company a “positive” rating in a research note on Monday, February 26th. UBS Group increased their price target on shares of Booking from $4,000.00 to $4,200.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Finally, JMP Securities boosted their price objective on shares of Booking from $3,600.00 to $3,950.00 and gave the company a “market outperform” rating in a research report on Monday, February 26th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $3,823.00.

Booking Company Profile

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.