Booking Holdings Inc. $BKNG Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans grew its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 9.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,811 shares of the business services provider’s stock after purchasing an additional 1,563 shares during the period. Thrivent Financial for Lutherans owned 0.06% of Booking worth $101,567,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sachetta LLC boosted its stake in Booking by 28.6% in the second quarter. Sachetta LLC now owns 9 shares of the business services provider’s stock valued at $52,000 after acquiring an additional 2 shares during the period. Canopy Partners LLC raised its position in shares of Booking by 1.0% during the 2nd quarter. Canopy Partners LLC now owns 194 shares of the business services provider’s stock worth $1,123,000 after purchasing an additional 2 shares during the period. Weaver Capital Management LLC lifted its holdings in shares of Booking by 0.6% in the 2nd quarter. Weaver Capital Management LLC now owns 365 shares of the business services provider’s stock worth $2,113,000 after purchasing an additional 2 shares during the last quarter. Accretive Wealth Partners LLC boosted its position in Booking by 0.5% during the 2nd quarter. Accretive Wealth Partners LLC now owns 370 shares of the business services provider’s stock valued at $2,143,000 after purchasing an additional 2 shares during the period. Finally, Premier Path Wealth Partners LLC grew its stake in Booking by 1.0% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 207 shares of the business services provider’s stock worth $1,200,000 after buying an additional 2 shares during the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Booking

In other news, Director Vanessa Ames Wittman sold 15 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $5,191.15, for a total value of $77,867.25. Following the sale, the director owned 687 shares of the company’s stock, valued at approximately $3,566,320.05. The trade was a 2.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Glenn D. Fogel sold 953 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $5,181.34, for a total value of $4,937,817.02. Following the completion of the sale, the chief executive officer owned 19,615 shares of the company’s stock, valued at approximately $101,631,984.10. This trade represents a 4.63% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 3,324 shares of company stock worth $17,190,323. 0.16% of the stock is owned by corporate insiders.

Booking Trading Down 2.2%

BKNG stock opened at $5,001.84 on Friday. The firm’s 50-day moving average is $5,227.65 and its two-hundred day moving average is $5,315.73. The company has a market capitalization of $161.21 billion, a price-to-earnings ratio of 32.51, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. Booking Holdings Inc. has a 52 week low of $4,096.23 and a 52 week high of $5,839.41.

Analyst Ratings Changes

BKNG has been the topic of a number of recent research reports. BTIG Research reiterated a “buy” rating and issued a $6,250.00 target price on shares of Booking in a research note on Tuesday, December 23rd. Citigroup reaffirmed a “market outperform” rating on shares of Booking in a report on Wednesday, October 29th. Truist Financial set a $5,810.00 target price on shares of Booking in a research note on Wednesday, October 29th. TD Cowen restated a “buy” rating on shares of Booking in a research report on Wednesday, December 3rd. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Booking from $6,723.00 to $6,790.00 and gave the company a “buy” rating in a research note on Tuesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $6,205.88.

About Booking

Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company’s businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.

Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.