Paulo Pisano Sells 227 Shares of Booking Holdings Inc. (NASDAQ:BKNG) Stock

Booking Holdings Inc. (NASDAQ:BKNG) insider Paulo Pisano sold 227 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $3,580.75, for a total value of $812,830.25. Following the sale, the insider now owns 4,233 shares in the company, valued at $15,157,314.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Paulo Pisano also recently made the following trade(s):

• On Friday, March 8th, Paulo Pisano sold 300 shares of Booking stock. The shares were sold at an average price of $3,485.00, for a total value of $1,045,500.00.

Booking Price Performance

NASDAQ:BKNG opened at $3,780.03 on Friday. The firm’s fifty day moving average price is $3,532.23 and its two-hundred day moving average price is $3,420.07. The company has a market cap of $128.25 billion, a P/E ratio of 28.35, a P/E/G ratio of 1.08 and a beta of 1.40. Booking Holdings Inc. has a one year low of $2,456.93 and a one year high of $3,918.00.

Booking (NASDAQ:BKNG) last issued its quarterly earnings data on Thursday, May 2nd. The business services provider reported $20.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $14.03 by $6.36. The company had revenue of $4.42 billion during the quarter, compared to analysts’ expectations of $4.25 billion. Booking had a negative return on equity of 288.35% and a net margin of 21.81%. The business’s revenue was up 16.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $11.60 earnings per share. As a group, equities research analysts expect that Booking Holdings Inc. will post 176.46 earnings per share for the current year.

Booking Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 7th will be paid a $8.75 dividend. The ex-dividend date is Friday, June 7th. This represents a $35.00 annualized dividend and a dividend yield of 0.93%. Booking’s dividend payout ratio (DPR) is presently 26.25%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. StockNews.com downgraded shares of Booking from a “buy” rating to a “hold” rating in a research note on Tuesday, April 30th. DA Davidson raised their price target on Booking from $4,100.00 to $4,150.00 and gave the company a “buy” rating in a report on Friday, May 3rd. Royal Bank of Canada boosted their price objective on Booking from $3,550.00 to $3,900.00 and gave the stock an “outperform” rating in a research note on Friday, February 23rd. Seaport Res Ptn reissued a “buy” rating on shares of Booking in a report on Tuesday, February 20th. Finally, Erste Group Bank reiterated a “hold” rating on shares of Booking in a research report on Wednesday, March 13th. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Booking has an average rating of “Moderate Buy” and an average target price of $3,876.96.

Institutional Trading of Booking

A number of institutional investors have recently bought and sold shares of the business. Activest Wealth Management acquired a new stake in Booking during the fourth quarter worth approximately $25,000. Naples Money Management LLC bought a new stake in Booking during the fourth quarter worth about $25,000. ICA Group Wealth Management LLC bought a new position in Booking in the 4th quarter valued at about $25,000. Valued Wealth Advisors LLC acquired a new position in shares of Booking in the 4th quarter valued at approximately $28,000. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in shares of Booking during the 4th quarter worth approximately $28,000. Institutional investors own 92.42% of the company’s stock.

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.