Radakovich Lynn Vojvodich Sells 22 Shares of Booking Holdings Inc. (NASDAQ:BKNG) Stock

Booking Holdings Inc. (NASDAQ:BKNG) Director Radakovich Lynn Vojvodich sold 22 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $3,583.07, for a total value of $78,827.54. Following the completion of the transaction, the director now directly owns 211 shares of the company’s stock, valued at approximately $756,027.77. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Radakovich Lynn Vojvodich also recently made the following trade(s):

• On Friday, March 15th, Radakovich Lynn Vojvodich sold 28 shares of Booking stock. The stock was sold at an average price of $3,498.29, for a total value of $97,952.12.
• On Wednesday, February 7th, Radakovich Lynn Vojvodich sold 59 shares of Booking stock. The stock was sold at an average price of $3,700.00, for a total value of $218,300.00.

Booking Price Performance

Shares of NASDAQ:BKNG opened at $3,430.14 on Friday. Booking Holdings Inc. has a 1 year low of $2,456.93 and a 1 year high of $3,918.00. The business has a 50 day simple moving average of $3,578.09 and a two-hundred day simple moving average of $3,364.71. The firm has a market capitalization of $117.21 billion, a PE ratio of 29.08, a price-to-earnings-growth ratio of 1.05 and a beta of 1.40.

Booking (NASDAQ:BKNG) last announced its earnings results on Thursday, February 22nd. The business services provider reported $32.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $29.72 by $2.28. Booking had a negative return on equity of 751.49% and a net margin of 20.08%. The business had revenue of $4.78 billion during the quarter, compared to analyst estimates of $4.71 billion. During the same quarter in the previous year, the business earned $24.74 earnings per share. The company’s revenue for the quarter was up 18.2% compared to the same quarter last year. Equities research analysts expect that Booking Holdings Inc. will post 175.86 EPS for the current fiscal year.

Booking Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 8th were paid a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend was Thursday, March 7th. Booking’s dividend payout ratio is presently 29.67%.

Hedge Funds Weigh In On Booking

Large investors have recently bought and sold shares of the business. LPL Financial LLC increased its position in shares of Booking by 8.8% during the third quarter. LPL Financial LLC now owns 15,301 shares of the business services provider’s stock worth $47,188,000 after purchasing an additional 1,236 shares in the last quarter. Lowe Brockenbrough & Co. Inc. lifted its stake in Booking by 0.6% in the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 4,390 shares of the business services provider’s stock valued at $13,539,000 after buying an additional 25 shares in the last quarter. Crestwood Advisors Group LLC lifted its stake in Booking by 3.0% in the 4th quarter. Crestwood Advisors Group LLC now owns 16,248 shares of the business services provider’s stock valued at $57,635,000 after buying an additional 470 shares in the last quarter. Boston Trust Walden Corp purchased a new position in Booking in the 4th quarter worth approximately $24,841,000. Finally, Advisor Resource Council lifted its stake in Booking by 382.4% in the 4th quarter. Advisor Resource Council now owns 357 shares of the business services provider’s stock worth $1,266,000 after purchasing an additional 283 shares in the last quarter. Institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on BKNG. Seaport Res Ptn reiterated a “buy” rating on shares of Booking in a research note on Tuesday, February 20th. UBS Group raised their target price on Booking from $4,000.00 to $4,200.00 and gave the stock a “buy” rating in a report on Monday, February 5th. JMP Securities raised their target price on Booking from $3,600.00 to $3,950.00 and gave the stock a “market outperform” rating in a report on Monday, February 26th. Tigress Financial raised their price target on Booking from $3,855.00 to $4,285.00 and gave the company a “strong-buy” rating in a report on Thursday, December 28th. Finally, JPMorgan Chase & Co. raised their price target on Booking from $3,560.00 to $3,950.00 and gave the company an “overweight” rating in a report on Friday, February 23rd. Seven investment analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $3,723.41.

Booking Company Profile

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.