Booking Holdings Inc. (BKNG) CEO Sells $565,792.30 in Stock

Booking Holdings Inc. (NASDAQ:BKNG) CEO Gillian Tans sold 295 shares of the business’s stock in a transaction that occurred on Monday, September 17th. The shares were sold at an average price of $1,917.94, for a total transaction of $565,792.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Gillian Tans also recently made the following trade(s):

  • On Monday, July 16th, Gillian Tans sold 295 shares of Booking stock. The shares were sold at an average price of $2,030.98, for a total transaction of $599,139.10.

BKNG stock opened at $1,947.74 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.92 and a quick ratio of 1.92. Booking Holdings Inc. has a one year low of $1,630.56 and a one year high of $2,228.99. The company has a market capitalization of $91.47 billion, a price-to-earnings ratio of 22.74, a P/E/G ratio of 1.53 and a beta of 1.27.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Thursday, August 9th. The business services provider reported $20.67 EPS for the quarter, topping the Zacks’ consensus estimate of $17.34 by $3.33. Booking had a net margin of 20.07% and a return on equity of 24.74%. The business had revenue of $3.54 billion during the quarter, compared to analysts’ expectations of $3.45 billion. During the same quarter in the previous year, the company earned $24.39 EPS. The business’s quarterly revenue was up 16.9% compared to the same quarter last year. equities research analysts forecast that Booking Holdings Inc. will post 89.26 earnings per share for the current fiscal year.

Several institutional investors have recently made changes to their positions in the company. Ashburton Jersey Ltd boosted its stake in shares of Booking by 18.5% in the 2nd quarter. Ashburton Jersey Ltd now owns 397 shares of the business services provider’s stock valued at $805,000 after purchasing an additional 62 shares in the last quarter. HRT Financial LLC purchased a new stake in shares of Booking in the 2nd quarter valued at $1,041,000. Advisors Asset Management Inc. boosted its stake in shares of Booking by 76.4% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,037 shares of the business services provider’s stock valued at $2,102,000 after purchasing an additional 449 shares in the last quarter. Hellman Jordan Management Co. Inc. MA purchased a new stake in shares of Booking in the 2nd quarter valued at $10,135,000. Finally, Andra AP fonden boosted its stake in shares of Booking by 57.1% in the 2nd quarter. Andra AP fonden now owns 1,100 shares of the business services provider’s stock valued at $2,230,000 after purchasing an additional 400 shares in the last quarter. 92.93% of the stock is owned by institutional investors.

BKNG has been the subject of several recent analyst reports. Credit Suisse Group reaffirmed a “buy” rating and set a $2,100.00 price objective (down previously from $2,250.00) on shares of Booking in a research note on Friday, August 10th. Mizuho reduced their price objective on shares of Booking to $2,400.00 and set a “buy” rating for the company in a research note on Friday, August 10th. UBS Group raised shares of Booking from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $2,060.00 to $2,320.00 in a research note on Friday, August 10th. SunTrust Banks reaffirmed a “buy” rating and set a $2,300.00 price objective on shares of Booking in a research note on Thursday, August 9th. Finally, Cowen set a $2,375.00 price objective on shares of Booking and gave the company a “buy” rating in a research note on Saturday, August 11th. Thirteen research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. Booking has an average rating of “Buy” and a consensus price target of $2,154.45.

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.

Further Reading: Book Value Per Share – BVPS

Insider Buying and Selling by Quarter for Booking (NASDAQ:BKNG)

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