Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS trimmed its position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 1.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,063 shares of the business services provider's stock after selling 52 shares during the quarter. Kornitzer Capital Management Inc. KS's holdings in Booking were worth $25,155,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Geode Capital Management LLC grew its holdings in Booking by 1.4% during the third quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider's stock worth $3,350,605,000 after buying an additional 11,211 shares in the last quarter. Janus Henderson Group PLC grew its holdings in Booking by 0.5% during the third quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider's stock valued at $2,073,508,000 after purchasing an additional 2,321 shares during the period. Fisher Asset Management LLC increased its position in Booking by 3.3% in the third quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider's stock worth $1,763,797,000 after buying an additional 13,429 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Booking by 4.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider's stock valued at $1,249,311,000 after buying an additional 11,649 shares during the period. Finally, Icon Wealth Advisors LLC lifted its position in shares of Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider's stock valued at $981,929,000 after buying an additional 233,052 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on BKNG shares. Tigress Financial lifted their target price on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a "strong-buy" rating in a research note on Monday, November 18th. Cfra raised Booking from a "hold" rating to a "buy" rating in a research note on Tuesday. Wedbush lifted their target price on shares of Booking from $5,000.00 to $5,500.00 and gave the stock an "outperform" rating in a research note on Monday, January 6th. Deutsche Bank Aktiengesellschaft boosted their price target on Booking from $4,900.00 to $5,200.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Finally, DA Davidson upped their price target on shares of Booking from $5,005.00 to $5,800.00 and gave the stock a "buy" rating in a research note on Friday. Nine analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Booking presently has an average rating of "Moderate Buy" and a consensus target price of $5,272.39.

Booking Price Performance

NASDAQ:BKNG traded up $144.17 during trading hours on Friday, reaching $5,162.40. The company had a trading volume of 319,971 shares, compared to its average volume of 259,798. The firm has a market cap of $170.88 billion, a PE ratio of 34.88, a price-to-earnings-growth ratio of 1.77 and a beta of 1.39. The business's 50 day moving average price is $4,908.11 and its 200-day moving average price is $4,540.81. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24.

Booking (NASDAQ:BKNG - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, beating analysts' consensus estimates of $35.82 by $5.73. Booking had a net margin of 21.85% and a negative return on equity of 166.06%. The company had revenue of $5.47 billion during the quarter, compared to analysts' expectations of $5.18 billion. On average, analysts expect that Booking Holdings Inc. will post 181.63 earnings per share for the current fiscal year.

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.