First Affirmative Financial Network Sells 24 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

First Affirmative Financial Network cut its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 16.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 125 shares of the business services provider’s stock after selling 24 shares during the quarter. First Affirmative Financial Network’s holdings in Booking were worth $623,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Icon Wealth Advisors LLC increased its stake in shares of Booking by 342,723.5% in the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after purchasing an additional 233,052 shares in the last quarter. International Assets Investment Management LLC bought a new position in Booking in the 3rd quarter worth $5,322,600,000. Empirical Asset Management LLC purchased a new stake in Booking in the 4th quarter worth $207,089,000. Harvard Management Co. Inc. bought a new stake in Booking during the third quarter valued at about $155,427,000. Finally, Claro Advisors LLC lifted its position in shares of Booking by 16,668.9% in the third quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider’s stock valued at $63,569,000 after acquiring an additional 15,002 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. B. Riley increased their target price on Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Piper Sandler boosted their target price on shares of Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Tigress Financial raised their target price on shares of Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a research note on Monday, November 18th. JMP Securities reiterated a “market outperform” rating and issued a $5,400.00 price target on shares of Booking in a research note on Wednesday, December 11th. Finally, Cantor Fitzgerald cut their price objective on Booking from $5,100.00 to $4,900.00 and set a “neutral” rating for the company in a research report on Wednesday. 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Trading Up 0.8 %

Booking stock opened at $4,721.86 on Thursday. The firm has a market cap of $156.29 billion, a PE ratio of 32.04, a P/E/G ratio of 1.57 and a beta of 1.41. The stock’s 50 day simple moving average is $5,015.36 and its two-hundred day simple moving average is $4,422.40. 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.