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 Booking stock in a transaction on Monday, April 15th. The shares were sold at an average price of $3,583.07, for a total value of $78,827.54. Following the transaction, the director now owns 211 shares in the company, valued at approximately $756,027.77. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Friday, March 15th, Radakovich Lynn Vojvodich sold 28 shares of Booking stock. The shares were 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 shares were sold at an average price of $3,700.00, for a total value of $218,300.00.

Booking Stock Performance

NASDAQ:BKNG opened at $3,430.14 on Friday. The stock’s 50-day simple moving average is $3,578.09 and its 200 day simple moving average is $3,364.71. The company has a market cap of $117.21 billion, a P/E ratio of 29.08, a P/E/G ratio of 1.05 and a beta of 1.40. Booking Holdings Inc. has a 52-week low of $2,456.93 and a 52-week high of $3,918.00.

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

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 8th were issued a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date was Thursday, March 7th. Booking’s dividend payout ratio is presently 29.67%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Tigress Financial upped their price objective on Booking from $3,855.00 to $4,285.00 and gave the company a “strong-buy” rating in a research note on Thursday, December 28th. The Goldman Sachs Group upped their price objective on Booking from $3,080.00 to $3,610.00 and gave the stock a “neutral” rating in a report on Friday, January 19th. JMP Securities upped their price objective on Booking from $3,600.00 to $3,950.00 and gave the stock a “market outperform” rating in a report on Monday, February 26th. JPMorgan Chase & Co. raised their price target on Booking from $3,560.00 to $3,950.00 and gave the stock an “overweight” rating in a research report on Friday, February 23rd. Finally, BMO Capital Markets started coverage on Booking in a research report on Tuesday, January 9th. They issued an “outperform” rating and a $4,150.00 price target on the stock. Seven analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and an average target price of $3,723.41.

Institutional Investors Weigh In On Booking

A number of institutional investors have recently made changes to their positions in BKNG. Howard Financial Services LTD. boosted its stake in shares of Booking by 2.4% in the fourth quarter. Howard Financial Services LTD. now owns 129 shares of the business services provider’s stock valued at $458,000 after buying an additional 3 shares during the period. Diversified Trust Co increased its holdings in Booking by 0.4% in the fourth quarter. Diversified Trust Co now owns 764 shares of the business services provider’s stock valued at $2,710,000 after purchasing an additional 3 shares during the period. Rockland Trust Co. increased its holdings in Booking by 3.5% in the fourth quarter. Rockland Trust Co. now owns 88 shares of the business services provider’s stock valued at $312,000 after purchasing an additional 3 shares during the period. Parkside Financial Bank & Trust increased its holdings in Booking by 4.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 69 shares of the business services provider’s stock valued at $245,000 after purchasing an additional 3 shares during the period. Finally, Silver Oak Securities Incorporated boosted its position in Booking by 1.9% during the fourth quarter. Silver Oak Securities Incorporated now owns 164 shares of the business services provider’s stock valued at $582,000 after acquiring an additional 3 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

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.