Tredje AP fonden Cuts Stock Position in Booking Holdings Inc. $BKNG

Tredje AP fonden lessened its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 58.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,800 shares of the business services provider’s stock after selling 6,830 shares during the quarter. Tredje AP fonden’s holdings in Booking were worth $25,706,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in Booking by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 2,997,949 shares of the business services provider’s stock valued at $16,055,006,000 after purchasing an additional 23,159 shares during the last quarter. Invesco Ltd. grew its stake in Booking by 6.7% in the third quarter. Invesco Ltd. now owns 405,105 shares of the business services provider’s stock valued at $2,187,269,000 after purchasing an additional 25,522 shares during the last quarter. Sanders Capital LLC grew its stake in Booking by 4.7% in the third quarter. Sanders Capital LLC now owns 286,928 shares of the business services provider’s stock valued at $1,549,202,000 after purchasing an additional 12,897 shares during the last quarter. Legal & General Group Plc grew its holdings in Booking by 4.2% in the third quarter. Legal & General Group Plc now owns 234,870 shares of the business services provider’s stock worth $1,268,127,000 after purchasing an additional 9,398 shares during the last quarter. Finally, Amundi grew its holdings in Booking by 7.7% in the third quarter. Amundi now owns 232,769 shares of the business services provider’s stock worth $1,261,578,000 after purchasing an additional 16,668 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking News Roundup

Here are the key news stories impacting Booking this week:

• Positive Sentiment: Booking’s KAYAK, Agoda, and Priceline brands are highlighting stronger summer travel demand and a value-focused consumer backdrop, with campaigns aimed at price-sensitive travelers and more flexible, lower-cost destinations. Booking Holdings Tests Value Focus As Summer 2026 Travel Campaigns Ramp Up
• Positive Sentiment: KAYAK’s Summer 2026 Travel Report said travelers are still finding value despite airfare volatility, with nearly half of top U.S. searched destinations under $500, reinforcing the idea that travel demand remains resilient. Take the Trip: KAYAK Summer Travel Report Highlights Smart Ways to Save on Summer Travel
• Neutral Sentiment: Booking’s presentation at the J.P. Morgan Global Technology, Media and Communications Conference may provide updated commentary on demand, pricing, and growth strategy, but no concrete new financial guidance was included in the headline. Booking Holdings Inc. (BKNG) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
• Neutral Sentiment: Articles discussing Booking’s earlier 25-for-1 stock split and broader market interest in splits are drawing attention to the shares, but this is mostly a sentiment/technical factor rather than a new business driver. Will Goldman Sachs, Markel, or SanDisk Be the Next Big Stock Split?
• Negative Sentiment: Travel-stock coverage also reflects investor caution around the sector after recent volatility and questions about how much Google-related changes could affect online travel traffic, which can weigh on sentiment for Booking and peers. Online travel stocks are on watch during Google I/O

Booking Stock Performance

NASDAQ:BKNG opened at $156.95 on Thursday. Booking Holdings Inc. has a one year low of $150.14 and a one year high of $233.58. The firm has a market cap of $121.62 billion, a price-to-earnings ratio of 20.64, a PEG ratio of 0.92 and a beta of 1.10. The firm’s fifty day moving average is $171.70 and its two-hundred day moving average is $188.18.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $1.14 EPS for the quarter, beating the consensus estimate of $1.08 by $0.06. Booking had a net margin of 22.23% and a negative return on equity of 117.14%. The company had revenue of $5.53 billion for the quarter, compared to analyst estimates of $5.52 billion. During the same period in the prior year, the company earned $0.99 earnings per share. The firm’s revenue was up 16.2% on a year-over-year basis. As a group, equities research analysts predict that Booking Holdings Inc. will post 10.44 earnings per share for the current fiscal year.

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 5th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, June 5th. Booking’s dividend payout ratio is currently 22.11%.

Insider Activity at Booking

In other Booking news, CEO Glenn D. Fogel sold 16,726 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $185.36, for a total value of $3,100,331.36. Following the sale, the chief executive officer owned 298,174 shares in the company, valued at approximately $55,269,532.64. This represents a 5.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vanessa Ames Wittman sold 1,125 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $192.00, for a total value of $216,000.00. Following the completion of the sale, the director owned 16,050 shares in the company, valued at approximately $3,081,600. This represents a 6.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 34,576 shares of company stock worth $6,187,746. Insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

BKNG has been the topic of several analyst reports. BNP Paribas Exane cut their price target on shares of Booking from $244.00 to $240.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Mizuho cut their price target on shares of Booking from $230.00 to $220.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Wall Street Zen lowered shares of Booking from a “buy” rating to a “hold” rating in a report on Sunday, March 29th. JPMorgan Chase & Co. cut their price target on shares of Booking from $224.00 to $208.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Finally, HSBC dropped their price target on Booking from $309.84 to $298.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $227.14.

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.