Booking Holdings Inc. (NASDAQ:BKNG) Stake Decreased by Hendershot Investments Inc.

Hendershot Investments Inc. lessened its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,382 shares of the business services provider’s stock after selling 32 shares during the period. Booking comprises approximately 4.3% of Hendershot Investments Inc.’s investment portfolio, making the stock its 4th biggest position. Hendershot Investments Inc.’s holdings in Booking were worth $31,708,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Icon Wealth Advisors LLC grew its holdings in 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 worth $981,929,000 after acquiring an additional 233,052 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Booking during the 3rd quarter valued at $5,322,600,000. Empirical Asset Management LLC purchased a new position in shares of Booking in the 4th quarter valued at $207,089,000. Harvard Management Co. Inc. bought a new position in shares of Booking in the 3rd quarter worth $155,427,000. Finally, Claro Advisors LLC boosted its position in Booking by 16,668.9% during the third quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider’s stock valued at $63,569,000 after purchasing an additional 15,002 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. UBS Group increased their price target on shares of Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Piper Sandler raised their price objective on Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. The Goldman Sachs Group upped their target price on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. StockNews.com raised Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. Finally, Jefferies Financial Group upped their price objective on shares of Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Ten research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Stock Performance

Shares of NASDAQ BKNG opened at $4,887.47 on Friday. The firm has a market cap of $161.78 billion, a PE ratio of 33.16, a PEG ratio of 1.65 and a beta of 1.39. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24. The firm has a fifty day moving average of $4,947.51 and a 200 day moving average of $4,457.98.

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.