Diversified Trust Co Sells 6,292 Shares of Booking Holdings Inc. $BKNG

Diversified Trust Co reduced its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 17.1% in the third quarter, HoldingsChannel reports. The fund owned 30,414 shares of the business services provider’s stock after selling 6,292 shares during the period. Diversified Trust Co’s holdings in Booking were worth $4,955,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Allworth Financial LP raised its stake in Booking by 1,615.6% during the second quarter. Allworth Financial LP now owns 13,931 shares of the business services provider’s stock valued at $2,483,000 after buying an additional 13,119 shares during the last quarter. B. Metzler seel. Sohn & Co. AG purchased a new stake in shares of Booking in the second quarter worth $11,687,000. MBM Wealth Consultants LLC grew its stake in shares of Booking by 2,860.8% in the second quarter. MBM Wealth Consultants LLC now owns 12,554 shares of the business services provider’s stock worth $2,238,000 after acquiring an additional 12,130 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Booking by 2,549.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 88,949 shares of the business services provider’s stock valued at $16,077,000 after acquiring an additional 85,592 shares in the last quarter. Finally, Venture Visionary Partners LLC increased its holdings in shares of Booking by 53.3% during the third quarter. Venture Visionary Partners LLC now owns 61,803 shares of the business services provider’s stock valued at $10,068,000 after acquiring an additional 21,496 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Key Booking News

Here’s some of the latest news about BKNG:

• Neutral Sentiment: Booking completed a €3.55 billion senior-notes offering. The debt financing avoids issuing shares, but adds borrowing and future interest obligations; the available report does not specify how proceeds will be used. Booking Holdings Completes €3.55 Billion Senior Notes Offering
• Negative Sentiment: KeyCorp lowered its Booking EPS estimates: Q4 2026 to $2.10 from $2.35, FY2027 to $11.56 from $12.13, and FY2028 to $13.37 from $14.78. The reductions suggest a softer earnings outlook beyond the current year, although KeyCorp’s FY2026 estimate aligns with the cited $10.26 consensus. KeyCorp Has Strong Estimate for Booking FY2026 Earnings
• Negative Sentiment: OpenAI’s agreement to acquire travel-AI specialist Odessia raises the possibility that AI assistants could become a new gateway for trip planning and bookings, potentially challenging Booking’s role in travel discovery and customer relationships. The competitive impact remains uncertain. Could Booking Holdings (BKNG) Lose Travel Search Ground To New AI Gatekeepers?

Insiders Place Their Bets

In related news, Director Robert Mylod, Jr. sold 1,000 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $200.00, for a total transaction of $200,000.00. Following the sale, the director directly owned 14,000 shares of the company’s stock, valued at $2,800,000. This trade represents a 6.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Peter Millones, Jr. sold 50,050 shares of Booking stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $207.59, for a total value of $10,389,879.50. Following the completion of the sale, the vice president owned 375,025 shares of the company’s stock, valued at $77,851,439.75. The trade was a 11.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 57,425 shares of company stock valued at $11,783,564. 0.17% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BKNG shares. Cantor Fitzgerald lowered their price target on Booking from $170.00 to $150.00 and set a “neutral” rating for the company in a research report on Wednesday, November 4th. Wells Fargo & Company reiterated a “positive” rating and issued a $179.00 price target (down from $190.00) on shares of Booking in a research note on Wednesday, November 4th. The Goldman Sachs Group reissued a “neutral” rating and set a $175.00 price objective on shares of Booking in a research report on Wednesday, November 4th. Wedbush reduced their price objective on shares of Booking from $247.00 to $210.00 and set an “outperform” rating for the company in a research note on Wednesday, November 4th. Finally, Citizens Jmp started coverage on shares of Booking in a research note on Wednesday, November 4th. They set a “hold” rating for the company. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have assigned a Hold 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 $222.35.

Booking Trading Down 1.0%

BKNG stock opened at $159.58 on Friday. The stock has a market capitalization of $118.68 billion, a PE ratio of 15.66, a price-to-earnings-growth ratio of 1.03 and a beta of 1.17. Booking Holdings Inc. has a 12-month low of $146.28 and a 12-month high of $220.81. The stock’s 50 day simple moving average is $162.66 and its 200 day simple moving average is $175.02.

Booking (NASDAQ:BKNG) last posted its earnings results on Tuesday, November 3rd. The business services provider reported $4.66 EPS for the quarter, topping analysts’ consensus estimates of $4.49 by $0.17. The business had revenue of $9.79 billion during the quarter, compared to analyst estimates of $9.55 billion. Booking had a negative return on equity of 89.54% and a net margin of 25.52%. The company’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter last year, the company earned $99.50 EPS. On average, research analysts predict that Booking Holdings Inc. will post 10.26 earnings per share for the current year.

Booking Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Friday, December 11th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, December 11th. Booking’s dividend payout ratio is presently 18.12%.

Booking Company Profile

Booking Holdings Inc. is an online travel company that connects travelers with accommodations and other travel services. Through its digital platforms, customers can search for and book hotels, vacation rentals, flights, rental cars, attractions and other travel experiences. The company operates a portfolio of consumer brands, including Booking.com, Priceline, Agoda, KAYAK, Rentalcars.com and OpenTable. Its services span accommodation reservations, travel search and comparison, car rentals, and restaurant reservations.