Relyea Zuckerberg Hanson LLC Purchases 9 Shares of Booking Holdings Inc. $BKNG

Relyea Zuckerberg Hanson LLC grew its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 16.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63 shares of the business services provider’s stock after buying an additional 9 shares during the quarter. Relyea Zuckerberg Hanson LLC’s holdings in Booking were worth $365,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of BKNG. Wealth Preservation Advisors LLC acquired a new stake in Booking during the 1st quarter valued at $28,000. Atwood & Palmer Inc. acquired a new stake in shares of Booking in the second quarter valued at $29,000. Keystone Global Partners LLC bought a new position in shares of Booking in the first quarter valued at about $32,000. O Brien Wealth Partners LLC acquired a new position in Booking during the 2nd quarter worth about $35,000. Finally, First PREMIER Bank lifted its position in Booking by 100.0% during the 2nd quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after buying an additional 3 shares in the last quarter. Institutional investors own 92.42% of the company’s stock.

Insider Activity

In related news, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $5,587.11, for a total value of $357,575.04. Following the completion of the transaction, the director directly owned 195 shares of the company’s stock, valued at approximately $1,089,486.45. This represents a 24.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Glenn D. Fogel sold 1,013 shares of the company’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the transaction, the chief executive officer directly owned 24,620 shares of the company’s stock, valued at $134,841,031.80. This represents a 3.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,195 shares of company stock worth $23,467,630 in the last 90 days. Corporate insiders own 0.16% of the company’s stock.

Booking Trading Up 0.0%

NASDAQ:BKNG opened at $5,419.87 on Tuesday. Booking Holdings Inc. has a 1-year low of $4,096.23 and a 1-year high of $5,839.41. The firm has a market capitalization of $175.66 billion, a price-to-earnings ratio of 37.69, a PEG ratio of 1.56 and a beta of 1.35. The business’s 50-day moving average price is $5,519.78 and its two-hundred day moving average price is $5,313.02.

Booking (NASDAQ:BKNG) last announced its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating analysts’ consensus estimates of $50.32 by $5.08. The company had revenue of $6.80 billion during the quarter, compared to analysts’ expectations of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.Booking’s revenue was up 16.0% on a year-over-year basis. During the same period in the prior year, the business posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were paid a dividend of $9.60 per share. This represents a $38.40 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, September 5th. Booking’s dividend payout ratio (DPR) is presently 26.71%.

Analysts Set New Price Targets

A number of brokerages have weighed in on BKNG. Evercore ISI boosted their target price on shares of Booking from $5,500.00 to $6,250.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Benchmark reissued a “buy” rating and issued a $6,200.00 target price (up from $6,000.00) on shares of Booking in a research note on Wednesday, July 30th. Wedbush restated a “neutral” rating and set a $5,900.00 target price on shares of Booking in a research report on Wednesday, July 30th. Citigroup raised their price target on Booking from $5,560.00 to $6,500.00 and gave the company a “buy” rating in a report on Wednesday, July 30th. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of Booking in a report on Saturday, September 27th. Three analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $5,808.81.

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.