4,011 Booking Holdings Inc. $BKNG Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. increased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 11.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 38,436 shares of the business services provider’s stock after purchasing an additional 4,011 shares during the quarter. Vise Technologies Inc.’s holdings in Booking were worth $6,262,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of BKNG. Mill Capital Management LLC raised its stake in shares of Booking by 1.1% during the 1st quarter. Mill Capital Management LLC now owns 5,721 shares of the business services provider’s stock worth $24,087,000 after buying an additional 65 shares during the last quarter. Van Diest Capital LLC increased its holdings in Booking by 30.1% during the 1st quarter. Van Diest Capital LLC now owns 281 shares of the business services provider’s stock valued at $1,185,000 after acquiring an additional 65 shares in the last quarter. Garrett Wealth Advisory Group LLC raised its position in Booking by 2.5% during the third quarter. Garrett Wealth Advisory Group LLC now owns 2,667 shares of the business services provider’s stock worth $434,000 after acquiring an additional 65 shares during the last quarter. Adelphi Trust Co raised its position in Booking by 0.7% during the third quarter. Adelphi Trust Co now owns 9,660 shares of the business services provider’s stock worth $1,574,000 after acquiring an additional 67 shares during the last quarter. Finally, Allen Capital Group LLC raised its position in Booking by 11.0% during the first quarter. Allen Capital Group LLC now owns 697 shares of the business services provider’s stock worth $2,934,000 after acquiring an additional 69 shares during the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Booking

In related news, insider Paulo Pisano sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $163.06, for a total transaction of $244,590.00. Following the sale, the insider owned 70,400 shares in the company, valued at approximately $11,479,424. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Peter J. Millones sold 50,050 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $207.59, for a total transaction of $10,389,879.50. Following the sale, the vice president owned 375,025 shares in the company, valued at approximately $77,851,439.75. This trade represents a 11.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 78,425 shares of company stock valued at $16,210,864. Corporate insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on BKNG shares. DA Davidson set a $240.00 price target on shares of Booking in a report on Thursday, August 6th. Rosenblatt Securities began coverage on shares of Booking in a research note on Tuesday, September 1st. They set a “buy” rating and a $245.00 price objective for the company. Robert W. Baird set a $230.00 price objective on Booking in a research report on Wednesday, August 5th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $250.00 target price (up from $240.00) on shares of Booking in a research note on Wednesday, August 5th. Finally, Jefferies Financial Group upped their target price on Booking from $180.00 to $190.00 and gave the company a “hold” rating in a research note on Tuesday, July 14th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $233.07.

Booking Trading Up 3.8%

Shares of BKNG stock opened at $153.75 on Tuesday. The firm has a 50-day moving average price of $170.14 and a 200 day moving average price of $176.96. Booking Holdings Inc. has a twelve month low of $146.28 and a twelve month high of $220.81. The company has a market capitalization of $115.52 billion, a price-to-earnings ratio of 17.02, a PEG ratio of 0.93 and a beta of 1.13.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Monday, August 3rd. The business services provider reported $2.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.43 by $0.11. Booking had a net margin of 25.53% and a negative return on equity of 102.96%. The company had revenue of $7.35 billion for the quarter, compared to analysts’ expectations of $7.19 billion. During the same period last year, the company earned $55.40 EPS. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. As a group, research analysts predict that Booking Holdings Inc. will post 10.48 earnings per share for the current year.

Booking Company Profile

Booking Holdings Inc is a global online travel and restaurant-reservation company that connects consumers with travel providers through digital platforms and mobile applications. Its services include accommodations, flights, rental cars, cruises, vacation packages, restaurant reservations and other travel-related offerings.

The company operates a portfolio of well-known brands, including Booking.com, Priceline, Agoda, KAYAK, OpenTable, Rentalcars.com and Kayak-associated travel services.