David I. Goulden Sells 183 Shares of Booking Holdings Inc. (NASDAQ:BKNG) Stock

Booking Holdings Inc. (NASDAQ:BKNGGet Rating) CFO David I. Goulden sold 183 shares of the business’s stock in a transaction on Monday, April 18th. The shares were sold at an average price of $2,210.00, for a total transaction of $404,430.00. Following the completion of the transaction, the chief financial officer now owns 6,569 shares of the company’s stock, valued at $14,517,490. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of BKNG traded up $40.07 during mid-day trading on Tuesday, reaching $2,239.38. The stock had a trading volume of 339,547 shares, compared to its average volume of 449,957. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.10 and a quick ratio of 2.10. Booking Holdings Inc. has a 52-week low of $1,796.45 and a 52-week high of $2,715.66. The business’s fifty day moving average is $2,269.36 and its 200 day moving average is $2,344.76. The firm has a market cap of $91.96 billion, a price-to-earnings ratio of 79.64, a P/E/G ratio of 1.33 and a beta of 1.22.

Booking (NASDAQ:BKNGGet Rating) last announced its quarterly earnings data on Wednesday, February 23rd. The business services provider reported $15.83 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $12.73 by $3.10. Booking had a net margin of 10.63% and a return on equity of 35.57%. The firm had revenue of $2.98 billion during the quarter, compared to analyst estimates of $2.85 billion. During the same quarter in the prior year, the firm posted ($0.57) earnings per share. Booking’s quarterly revenue was up 140.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Booking Holdings Inc. will post 86.68 EPS for the current fiscal year.

A number of hedge funds have recently made changes to their positions in BKNG. Amplius Wealth Advisors LLC purchased a new position in Booking during the fourth quarter worth about $26,000. Standard Family Office LLC purchased a new position in Booking during the fourth quarter worth about $26,000. Gradient Investments LLC boosted its stake in Booking by 116.7% during the fourth quarter. Gradient Investments LLC now owns 13 shares of the business services provider’s stock worth $31,000 after buying an additional 7 shares during the period. Northwest Investment Counselors LLC purchased a new position in Booking during the fourth quarter worth about $31,000. Finally, Covestor Ltd purchased a new position in shares of Booking in the fourth quarter valued at approximately $32,000. 89.79% of the stock is owned by institutional investors.

BKNG has been the subject of several analyst reports. Barclays decreased their target price on shares of Booking from $2,740.00 to $2,670.00 in a research note on Thursday, February 24th. The Goldman Sachs Group reduced their price objective on shares of Booking from $2,430.00 to $2,300.00 and set a “neutral” rating for the company in a research report on Thursday, February 24th. Stifel Nicolaus reduced their price objective on shares of Booking from $2,700.00 to $2,650.00 and set a “hold” rating for the company in a research report on Thursday, February 24th. Jefferies Financial Group upped their price objective on shares of Booking from $2,800.00 to $2,900.00 and gave the stock a “buy” rating in a research report on Wednesday, March 23rd. Finally, Loop Capital reduced their price objective on shares of Booking from $2,290.00 to $2,171.00 and set a “hold” rating for the company in a research report on Thursday, February 24th. Nine equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $2,751.71.

About Booking (Get Rating)

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.

Recommended Stories

Insider Buying and Selling by Quarter for Booking (NASDAQ:BKNG)

Receive News & Ratings for Booking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booking and related companies with MarketBeat.com's FREE daily email newsletter.