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 dated Wednesday, May 1st. The shares were sold at an average price of $3,437.25, for a total transaction of $75,619.50. Following the completion of the transaction, the director now directly owns 189 shares in the company, valued at $649,640.25. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Monday, April 15th, Radakovich Lynn Vojvodich sold 22 shares of Booking stock. The stock was sold at an average price of $3,583.07, for a total transaction of $78,827.54.
• 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 transaction 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 transaction of $218,300.00.

Booking Stock Performance

Shares of BKNG opened at $3,577.38 on Monday. The company’s fifty day moving average is $3,524.43 and its 200 day moving average is $3,406.68. Booking Holdings Inc. has a fifty-two week low of $2,456.93 and a fifty-two week high of $3,918.00. The stock has a market capitalization of $121.70 billion, a PE ratio of 26.83, a P/E/G ratio of 1.08 and a beta of 1.40.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Thursday, May 2nd. The business services provider reported $20.39 EPS for the quarter, topping the consensus estimate of $14.03 by $6.36. The company had revenue of $4.42 billion during the quarter, compared to analyst estimates of $4.25 billion. Booking had a net margin of 21.81% and a negative return on equity of 433.49%. Booking’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $11.60 earnings per share. As a group, research analysts forecast that Booking Holdings Inc. will post 176.46 earnings per share for the current year.

Booking Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date was Thursday, March 7th. Booking’s dividend payout ratio is currently 26.25%.

Analysts Set New Price Targets

Several analysts recently issued reports on BKNG shares. The Goldman Sachs Group increased their price target on shares of Booking from $3,080.00 to $3,610.00 and gave the stock a “neutral” rating in a research report on Friday, January 19th. BMO Capital Markets reiterated an “outperform” rating and set a $4,205.00 price target (up previously from $4,150.00) on shares of Booking in a research report on Friday. Wedbush reiterated an “outperform” rating and set a $3,850.00 price target on shares of Booking in a research report on Tuesday, April 30th. Mizuho increased their price target on shares of Booking from $3,580.00 to $4,250.00 and gave the stock a “buy” rating in a research report on Wednesday, January 17th. Finally, Bank of America increased their price target on shares of Booking from $3,900.00 to $3,950.00 and gave the stock a “neutral” rating in a research report on Friday. Ten equities research 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, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $3,823.00.

Institutional Trading of Booking

A number of large investors have recently made changes to their positions in BKNG. Commonwealth Equity Services LLC raised its holdings in shares of Booking by 22.6% in the third quarter. Commonwealth Equity Services LLC now owns 4,574 shares of the business services provider’s stock valued at $14,106,000 after acquiring an additional 844 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in Booking by 5.9% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 4,207 shares of the business services provider’s stock worth $12,973,000 after purchasing an additional 234 shares in the last quarter. FinTrust Capital Advisors LLC lifted its position in shares of Booking by 3,500.0% during the third quarter. FinTrust Capital Advisors LLC now owns 72 shares of the business services provider’s stock valued at $222,000 after buying an additional 70 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of Booking by 5.0% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 11,212 shares of the business services provider’s stock valued at $34,577,000 after buying an additional 529 shares during the last quarter. Finally, Stratos Wealth Advisors LLC lifted its position in shares of Booking by 6.3% during the third quarter. Stratos Wealth Advisors LLC now owns 85 shares of the business services provider’s stock valued at $262,000 after buying an additional 5 shares during the last quarter. 92.42% of the stock is 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.