Donaldson Capital Management LLC Purchases 418 Shares of Booking Holdings Inc. $BKNG

Donaldson Capital Management LLC grew its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 59.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,119 shares of the business services provider’s stock after acquiring an additional 418 shares during the quarter. Donaldson Capital Management LLC’s holdings in Booking were worth $6,042,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Sachetta LLC lifted its holdings in shares of Booking by 28.6% during the second quarter. Sachetta LLC now owns 9 shares of the business services provider’s stock worth $52,000 after buying an additional 2 shares during the last quarter. Canopy Partners LLC increased its position in Booking by 1.0% during the second quarter. Canopy Partners LLC now owns 194 shares of the business services provider’s stock worth $1,123,000 after acquiring an additional 2 shares during the period. Weaver Capital Management LLC raised its stake in Booking by 0.6% during the 2nd quarter. Weaver Capital Management LLC now owns 365 shares of the business services provider’s stock valued at $2,113,000 after purchasing an additional 2 shares during the last quarter. Accretive Wealth Partners LLC boosted its holdings in Booking by 0.5% in the 2nd quarter. Accretive Wealth Partners LLC now owns 370 shares of the business services provider’s stock valued at $2,143,000 after purchasing an additional 2 shares during the period. Finally, Premier Path Wealth Partners LLC grew its position in Booking by 1.0% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 207 shares of the business services provider’s stock worth $1,200,000 after purchasing an additional 2 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Performance

Shares of NASDAQ BKNG opened at $5,001.84 on Friday. Booking Holdings Inc. has a 52-week low of $4,096.23 and a 52-week high of $5,839.41. The business has a fifty day moving average of $5,227.65 and a two-hundred day moving average of $5,315.73. The stock has a market cap of $161.21 billion, a PE ratio of 32.51, a PEG ratio of 1.10 and a beta of 1.23.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. BNP Paribas Exane set a $6,100.00 price objective on shares of Booking in a research report on Monday, November 24th. Robert W. Baird set a $6,325.00 price target on Booking in a report on Wednesday, October 29th. KeyCorp lifted their price objective on Booking from $6,450.00 to $6,630.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft boosted their price objective on Booking from $6,723.00 to $6,790.00 and gave the company a “buy” rating in a research report on Tuesday, October 21st. Finally, BTIG Research reaffirmed a “buy” rating and issued a $6,250.00 target price on shares of Booking in a research report on Tuesday, December 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $6,205.88.

Insider Activity

In other news, Director Robert J. Mylod, Jr. sold 40 shares of Booking 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 value of $200,000.00. Following the completion of the transaction, the director owned 960 shares in the company, valued at approximately $4,800,000. The trade was a 4.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Glenn D. Fogel sold 953 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $5,181.34, for a total value of $4,937,817.02. Following the completion of the transaction, the chief executive officer directly owned 19,615 shares in the company, valued at $101,631,984.10. The trade was a 4.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 3,324 shares of company stock valued at $17,190,323. Company insiders own 0.16% of the company’s stock.

Booking Company Profile

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.