Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Tranquilli Financial Advisor LLC

Tranquilli Financial Advisor LLC lessened its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 11.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 296 shares of the business services provider’s stock after selling 39 shares during the period. Tranquilli Financial Advisor LLC’s holdings in Booking were worth $1,471,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. AEGON ASSET MANAGEMENT UK Plc purchased a new position in Booking in the fourth quarter valued at $25,000. New Wave Wealth Advisors LLC acquired a new stake in shares of Booking in the fourth quarter valued at approximately $25,000. Jamison Private Wealth Management Inc. acquired a new stake in shares of Booking during the 3rd quarter worth about $25,000. West Financial Advisors LLC acquired a new stake in Booking in the 3rd quarter worth about $29,000. Finally, Valley National Advisers Inc. increased its position in shares of Booking by 600.0% in the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock worth $36,000 after acquiring an additional 6 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on BKNG shares. Argus cut shares of Booking from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Susquehanna upped their target price on Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a research report on Friday, November 1st. Jefferies Financial Group lifted their price objective on Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Tigress Financial increased their price objective on Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a research report on Monday, November 18th. Finally, Benchmark restated a “buy” rating and issued a $4,600.00 price objective on shares of Booking in a research report on Tuesday, October 29th. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Trading Down 0.9 %

NASDAQ:BKNG opened at $4,692.90 on Tuesday. The company’s 50-day moving average is $4,992.18 and its two-hundred day moving average is $4,436.74. The firm has a market cap of $155.33 billion, a price-to-earnings ratio of 31.84, a price-to-earnings-growth ratio of 1.62 and a beta of 1.39. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24.

Booking 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.