Quantum Capital Management LLC NJ Sells 722 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Quantum Capital Management LLC NJ lessened its position in shares of Booking Holdings Inc. (NASDAQ:BKNGFree Report) by 2.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,353 shares of the business services provider’s stock after selling 722 shares during the quarter. Booking comprises about 10.2% of Quantum Capital Management LLC NJ’s investment portfolio, making the stock its largest position. Quantum Capital Management LLC NJ owned approximately 0.07% of Booking worth $86,385,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in BKNG. Activest Wealth Management acquired a new stake in Booking in the 4th quarter valued at approximately $25,000. Naples Money Management LLC acquired a new stake in Booking in the 4th quarter valued at approximately $25,000. Valued Wealth Advisors LLC acquired a new stake in Booking in the 4th quarter valued at approximately $28,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Booking in the 4th quarter valued at approximately $28,000. Finally, Bourgeon Capital Management LLC acquired a new stake in Booking in the 4th quarter valued at approximately $28,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Insider Transactions at Booking

In other news, insider Paulo Pisano sold 227 shares of the business’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $3,580.75, for a total transaction of $812,830.25. Following the completion of the transaction, the insider now owns 4,233 shares of the company’s stock, valued at approximately $15,157,314.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, insider Paulo Pisano sold 227 shares of the business’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $3,580.75, for a total transaction of $812,830.25. Following the completion of the transaction, the insider now owns 4,233 shares of the company’s stock, valued at approximately $15,157,314.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Radakovich Lynn Vojvodich sold 22 shares of the business’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $3,437.25, for a total value of $75,619.50. Following the transaction, the director now directly owns 189 shares of the company’s stock, valued at approximately $649,640.25. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,651 shares of company stock valued at $19,485,975. Corporate insiders own 0.12% of the company’s stock.

Booking Trading Up 1.1 %

NASDAQ BKNG traded up $42.67 during midday trading on Friday, hitting $3,795.35. The company had a trading volume of 151,814 shares, compared to its average volume of 262,719. The company has a market capitalization of $128.78 billion, a PE ratio of 28.46, a P/E/G ratio of 1.13 and a beta of 1.40. The firm has a 50-day moving average price of $3,604.71 and a 200-day moving average price of $3,499.25. Booking Holdings Inc. has a twelve month low of $2,456.93 and a twelve month high of $3,918.00.

Booking (NASDAQ:BKNGGet Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The business services provider reported $20.39 earnings per share for the quarter, beating the consensus estimate of $14.03 by $6.36. The firm 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 company’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 EPS. On average, equities analysts anticipate that Booking Holdings Inc. will post 178.54 EPS for the current year.

Booking Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 7th will be issued a dividend of $8.75 per share. The ex-dividend date of this dividend is Friday, June 7th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.92%. Booking’s dividend payout ratio (DPR) is currently 26.25%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Barclays lowered their price target on Booking from $3,900.00 to $3,800.00 and set an “overweight” rating on the stock in a research report on Friday, February 23rd. StockNews.com lowered Booking from a “buy” rating to a “hold” rating in a research report on Tuesday, April 30th. Seaport Res Ptn reaffirmed a “buy” rating on shares of Booking in a research report on Tuesday, February 20th. Wedbush reaffirmed an “outperform” rating and set a $3,850.00 price target on shares of Booking in a research report on Tuesday, April 30th. Finally, Wells Fargo & Company boosted their price target on Booking from $3,435.00 to $3,494.00 and gave the stock an “equal weight” rating in a research report on Friday, May 3rd. Ten research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $3,876.96.

Check Out Our Latest Research Report on Booking

About Booking

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BKNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booking Holdings Inc. (NASDAQ:BKNGFree Report).

Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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