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 firm’s stock in a transaction 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 sale, the director now directly owns 211 shares of the company’s stock, valued at $756,027.77. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

BKNG traded down $11.57 during trading on Wednesday, reaching $3,456.20. 103,161 shares of the stock were exchanged, compared to its average volume of 274,639. The business’s 50 day moving average price is $3,591.59 and its two-hundred day moving average price is $3,363.69. The company has a market capitalization of $118.10 billion, a price-to-earnings ratio of 29.22, a P/E/G ratio of 1.06 and a beta of 1.40. Booking Holdings Inc. has a 1 year low of $2,456.93 and a 1 year high of $3,918.00.

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

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 8th were given a $8.75 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $35.00 annualized dividend and a dividend yield of 1.01%. Booking’s dividend payout ratio is currently 29.67%.

Analyst Ratings Changes

A number of equities analysts recently commented on BKNG shares. UBS Group raised their target price on Booking from $4,000.00 to $4,200.00 and gave the company a “buy” rating in a report on Monday, February 5th. Mizuho lifted their price objective on Booking from $3,580.00 to $4,250.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a research note on Thursday, April 11th. JMP Securities boosted their target price on Booking from $3,600.00 to $3,950.00 and gave the stock a “market outperform” rating in a research note on Monday, February 26th. Finally, BMO Capital Markets started coverage on Booking in a research note on Tuesday, January 9th. They set an “outperform” rating and a $4,150.00 target price for the company. Seven analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $3,723.41.

Institutional Trading of Booking

Institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank acquired a new position in Booking in the fourth quarter valued at $1,068,137,000. Northern Trust Corp increased its stake in Booking by 1.3% in the third quarter. Northern Trust Corp now owns 383,996 shares of the business services provider’s stock valued at $1,184,224,000 after purchasing an additional 5,040 shares during the last quarter. Fisher Asset Management LLC increased its stake in Booking by 4.3% in the fourth quarter. Fisher Asset Management LLC now owns 376,734 shares of the business services provider’s stock valued at $1,336,362,000 after purchasing an additional 15,381 shares during the last quarter. Alliancebernstein L.P. increased its stake in Booking by 61.6% in the fourth quarter. Alliancebernstein L.P. now owns 295,891 shares of the business services provider’s stock valued at $596,303,000 after purchasing an additional 112,831 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in Booking by 22.9% in the fourth quarter. Legal & General Group Plc now owns 286,116 shares of the business services provider’s stock valued at $1,014,913,000 after purchasing an additional 53,233 shares during the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

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.