Booking (NASDAQ:BKNG) Shares Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of Booking Holdings Inc. (NASDAQ:BKNG). In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in Booking stock on May 12th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Hubbell (NYSE:HUBB) on 5/12/2025.
• Sold $50,001 – $100,000 in shares of Trane Technologies (NYSE:TT) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 5/12/2025.
• Sold $50,001 – $100,000 in shares of NiSource (NYSE:NI) on 5/12/2025.
• Sold $50,001 – $100,000 in shares of Johnson & Johnson (NYSE:JNJ) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of AppLovin (NASDAQ:APP) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of Fiserv (NYSE:FI) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of CNO Financial Group (NYSE:CNO) on 5/12/2025.
• Sold $50,001 – $100,000 in shares of Cboe Global Markets (NASDAQ:CBOE) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 5/12/2025.

Booking Stock Down 2.1%

Shares of NASDAQ BKNG opened at $5,386.29 on Friday. The company’s 50-day simple moving average is $5,568.80 and its 200-day simple moving average is $5,074.51. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,839.41. The firm has a market cap of $174.57 billion, a price-to-earnings ratio of 37.46, a price-to-earnings-growth ratio of 1.59 and a beta of 1.41.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, topping the consensus estimate of $50.32 by $5.08. The firm had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The company’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same period last year, the firm posted $41.90 earnings per share. Equities research analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be given a $9.60 dividend. The ex-dividend date is Friday, September 5th. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. Booking’s dividend payout ratio (DPR) is 23.89%.

Insider Buying and Selling at Booking

In related news, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $5,695.00, for a total value of $5,769,035.00. Following the completion of the transaction, the chief executive officer owned 26,633 shares in the company, valued at approximately $151,674,935. The trade was a 3.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 3,039 shares of company stock valued at $16,963,769 in the last ninety days. Insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on BKNG. B. Riley reissued a “buy” rating and issued a $6,700.00 price target (up from $6,100.00) on shares of Booking in a research note on Wednesday. BMO Capital Markets reissued an “outperform” rating and issued a $6,000.00 price target (up from $5,700.00) on shares of Booking in a research note on Wednesday. Piper Sandler reissued a “neutral” rating and issued a $5,750.00 price target (up from $5,077.00) on shares of Booking in a research note on Wednesday. Hsbc Global Res raised shares of Booking to a “strong-buy” rating in a research note on Thursday, July 17th. Finally, Susquehanna raised their price target on shares of Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a research note on Friday. Eleven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Booking presently has a consensus rating of “Moderate Buy” and a consensus target price of $5,781.04.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BKNG. GAMMA Investing LLC grew its holdings in shares of Booking by 521,609.7% in the first quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider’s stock valued at $10,887,718,000 after purchasing an additional 2,362,892 shares in the last quarter. Proficio Capital Partners LLC grew its holdings in shares of Booking by 621,874.8% in the fourth quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider’s stock valued at $4,295,423,000 after purchasing an additional 864,406 shares in the last quarter. Norges Bank acquired a new position in shares of Booking in the fourth quarter valued at approximately $1,958,352,000. Pacer Advisors Inc. grew its holdings in shares of Booking by 1,411.9% in the first quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider’s stock valued at $516,900,000 after purchasing an additional 104,780 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Booking by 51.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 280,629 shares of the business services provider’s stock valued at $1,394,283,000 after purchasing an additional 95,308 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.