Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by abrdn plc

abrdn plc decreased its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 5.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,475 shares of the business services provider’s stock after selling 924 shares during the quarter. abrdn plc’s holdings in Booking were worth $77,171,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

BKNG has been the topic of several recent research reports. Royal Bank of Canada lifted their target price on shares of Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a report on Friday, November 1st. UBS Group lifted their price target on shares of Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Bank of America upped their target price on Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a research report on Wednesday, December 18th. Mizuho boosted their target price on shares of Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Ten 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 company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Price Performance

Shares of BKNG opened at $4,678.94 on Wednesday. The firm’s 50 day moving average is $4,983.86 and its 200-day moving average is $4,442.11. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The stock has a market capitalization of $154.87 billion, a P/E ratio of 31.75, a P/E/G ratio of 1.62 and a beta of 1.39.

Booking Company Profile

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.