Candriam S.C.A. raised its stake in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 16.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,257 shares of the business services provider’s stock after purchasing an additional 2,499 shares during the period. Candriam S.C.A. owned 0.05% of Booking worth $93,175,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of the stock. Accretive Wealth Partners LLC raised its stake in Booking by 0.5% during the 2nd quarter. Accretive Wealth Partners LLC now owns 370 shares of the business services provider’s stock worth $2,143,000 after acquiring an additional 2 shares in the last quarter. Premier Path Wealth Partners LLC grew its holdings in shares of Booking by 1.0% during the second quarter. Premier Path Wealth Partners LLC now owns 207 shares of the business services provider’s stock worth $1,200,000 after purchasing an additional 2 shares during the last quarter. UNIVEST FINANCIAL Corp increased its position in shares of Booking by 4.5% during the second quarter. UNIVEST FINANCIAL Corp now owns 46 shares of the business services provider’s stock worth $267,000 after purchasing an additional 2 shares in the last quarter. Haven Private LLC lifted its holdings in shares of Booking by 3.0% in the 2nd quarter. Haven Private LLC now owns 68 shares of the business services provider’s stock valued at $394,000 after purchasing an additional 2 shares during the last quarter. Finally, Horizon Investment Services LLC boosted its position in shares of Booking by 0.3% in the 2nd quarter. Horizon Investment Services LLC now owns 605 shares of the business services provider’s stock valued at $3,503,000 after purchasing an additional 2 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.
Analysts Set New Price Targets
BKNG has been the topic of several research analyst reports. Wells Fargo & Company lifted their price target on Booking from $5,523.00 to $5,954.00 and gave the stock an “equal weight” rating in a research report on Friday, January 9th. Truist Financial set a $5,810.00 target price on shares of Booking in a report on Wednesday, October 29th. Morgan Stanley set a $6,150.00 price target on shares of Booking in a research report on Wednesday, October 29th. Argus raised their price objective on shares of Booking from $6,000.00 to $6,400.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Finally, Wall Street Zen raised shares of Booking from a “hold” rating to a “buy” rating in a report on Sunday, January 4th. Twenty-seven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $6,180.00.
Insider Buying and Selling
In other news, Director Vanessa Ames Wittman sold 15 shares of the stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $5,191.15, for a total transaction of $77,867.25. Following the completion of the transaction, the director directly owned 687 shares of the company’s stock, valued at approximately $3,566,320.05. This represents a 2.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Glenn D. Fogel sold 953 shares of the firm’s stock in a transaction that occurred 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 directly owned 19,615 shares of the company’s stock, valued at $101,631,984.10. This represents a 4.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 3,124 shares of company stock valued at $16,194,538 over the last ninety days. Corporate insiders own 0.16% of the company’s stock.
Key Booking News
Here are the key news stories impacting Booking this week:
- Positive Sentiment: Zacks argues BKNG is technically oversold after an ~18.4% pullback over four weeks and highlights upward revisions to earnings estimates, framing a potential near‑term reversal and buy‑the‑dip opportunity. Zacks Buy-the-Dip
- Positive Sentiment: Brokerage consensus remains constructive — coverage shows a “Moderate Buy” consensus, which supports investor conviction that upside exists versus recent weakness. Consensus Moderate Buy
- Positive Sentiment: Independent writeups laying out a bull case for BKNG (coverage on Yahoo/others) add to the narrative that the pullback may be a buying opportunity for longer‑term investors. Yahoo Bull Case
- Neutral Sentiment: Wedbush cut its price target from $6,000 to $5,500 but retained an “outperform” rating — still implies material upside from current levels, though the cut signals more conservative near‑term expectations. Wedbush PT Cut
- Neutral Sentiment: A short‑interest update appears inconsistent/erroneous (reports of a “significant increase” but showing zero shares/NaN). Given the data issues, it’s unlikely to be an immediate trading driver until clarified.
- Negative Sentiment: MarketWatch flagged that BKNG underperformed peers on Thursday, which underscores sector/stock‑specific weakness that can pressure the share price if it continues. MarketWatch Underperformance
- Negative Sentiment: Citizens issued a downgrade on BKNG, adding downside sentiment from at least one retail/institutional watcher and increasing short‑term selling pressure risk. Citizens Downgrade
Booking Stock Performance
Shares of Booking stock opened at $4,457.17 on Monday. Booking Holdings Inc. has a one year low of $4,096.23 and a one year high of $5,839.41. The company has a market cap of $143.65 billion, a P/E ratio of 28.97, a PEG ratio of 0.96 and a beta of 1.21. The firm has a fifty day moving average of $5,202.79 and a two-hundred day moving average of $5,275.99.
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.
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