AustralianSuper Pty Ltd Cuts Stock Position in Booking Holdings Inc. $BKNG

AustralianSuper Pty Ltd lessened its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 13.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 48,885 shares of the business services provider’s stock after selling 7,331 shares during the period. Booking makes up about 1.2% of AustralianSuper Pty Ltd’s investment portfolio, making the stock its 14th largest position. AustralianSuper Pty Ltd’s holdings in Booking were worth $263,943,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of BKNG. Y Intercept Hong Kong Ltd boosted its holdings in Booking by 15.6% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 511 shares of the business services provider’s stock valued at $2,958,000 after acquiring an additional 69 shares during the period. Vontobel Holding Ltd. lifted its position in shares of Booking by 18.6% during the second quarter. Vontobel Holding Ltd. now owns 75,534 shares of the business services provider’s stock worth $437,284,000 after purchasing an additional 11,829 shares during the last quarter. Panagora Asset Management Inc. boosted its stake in shares of Booking by 67.3% during the second quarter. Panagora Asset Management Inc. now owns 30,210 shares of the business services provider’s stock valued at $174,893,000 after purchasing an additional 12,148 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC grew its holdings in shares of Booking by 339.0% in the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 180 shares of the business services provider’s stock worth $974,000 after purchasing an additional 139 shares during the last quarter. Finally, Covey Capital Advisors LLC increased its stake in Booking by 1.0% in the 2nd quarter. Covey Capital Advisors LLC now owns 1,117 shares of the business services provider’s stock worth $6,467,000 after buying an additional 11 shares during the period. Institutional investors own 92.42% of the company’s stock.

Trending Headlines about Booking

Here are the key news stories impacting Booking this week:

• Positive Sentiment: KAYAK for Business launched a new “Events” feature to simplify planning and managing corporate event travel at scale — a product expansion that can deepen corporate adoption and increase wallet share from enterprise accounts. KAYAK for Business Events
• Positive Sentiment: OpenTable released consumer research showing broadened dining demand (Gen‑Z driving more inclusive celebrations), which supports reservation trends and restaurant bookings through Booking’s OpenTable business — a small demand signal for travel & dining revenue. OpenTable Valentine’s Day Research
• Neutral Sentiment: Zacks flagged BKNG as a “trending” stock among its users — increased attention can amplify short-term volatility but is not a standalone financial catalyst. Zacks Trending Stock Note
• Neutral Sentiment: Recent short-interest data reported in the feed is internally inconsistent (shows 0 shares / NaN changes and a 0.0 days ratio). The noisy / unreliable short-interest reporting likely reflects a data issue rather than a material change in bearish positioning; investors should monitor corrected filings for clarity.
• Negative Sentiment: Market commentary noted BKNG fell more than the broader market in the latest session, reflecting sentiment-driven selling rather than new fundamental weakness — this relative underperformance can pressure the share price near technical levels (below the 50- and 200-day SMAs). Zacks Market Drop Note

Insider Activity

In related news, Director Robert J. Mylod, Jr. sold 40 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $5,000.00, for a total transaction of $200,000.00. Following the completion of the transaction, the director owned 960 shares in the company, valued at $4,800,000. The trade was a 4.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Paulo Pisano sold 200 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $5,000.00, for a total transaction of $1,000,000.00. Following the sale, the insider directly owned 1,514 shares of the company’s stock, valued at $7,570,000. The trade was a 11.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,324 shares of company stock worth $17,190,323 in the last quarter. 0.16% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have commented on BKNG. Argus upped their target price on shares of Booking from $6,000.00 to $6,400.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. UBS Group set a $6,806.00 price target on Booking and gave the company a “buy” rating in a report on Wednesday, October 29th. B. Riley raised their price objective on Booking from $6,700.00 to $6,800.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. BNP Paribas Exane set a $6,100.00 target price on Booking in a report on Monday, November 24th. Finally, Rothschild & Co Redburn increased their price target on Booking from $6,250.00 to $6,400.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $6,205.88.

Booking Price Performance

Shares of NASDAQ BKNG opened at $5,085.22 on Thursday. Booking Holdings Inc. has a 1-year low of $4,096.23 and a 1-year high of $5,839.41. The business has a fifty day moving average price of $5,212.37 and a 200 day moving average price of $5,325.01. The stock has a market capitalization of $163.90 billion, a P/E ratio of 33.05, a price-to-earnings-growth ratio of 1.12 and a beta of 1.23.

Booking (NASDAQ:BKNG) last announced its earnings results on Tuesday, October 28th. The business services provider reported $99.50 EPS for the quarter, topping analysts’ consensus estimates of $95.56 by $3.94. The business had revenue of $9.01 billion during the quarter, compared to the consensus estimate of $8.71 billion. Booking had a net margin of 19.37% and a negative return on equity of 134.86%. The firm’s revenue was up 12.7% on a year-over-year basis. During the same period in the previous year, the company posted $83.39 earnings per share. As a group, equities research analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

About Booking

Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company’s businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.

Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.