Rep. Josh Gottheimer Buys Booking Holdings Inc. (NASDAQ:BKNG) Stock

Representative Josh Gottheimer (D-New Jersey) recently bought shares of Booking Holdings Inc. (NASDAQ:BKNG). In a filing disclosed on April 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Booking stock on March 5th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/24/2025.
• Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 3/24/2025.
• Sold $1,001 – $15,000 in shares of Flywire (NASDAQ:FLYW) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Disco (OTCMKTS:DSCSY) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Diageo (NYSE:DEO) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Shopify (NYSE:SHOP) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 3/19/2025.

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $4,586.53 on Monday. The firm has a 50 day simple moving average of $4,715.54 and a 200 day simple moving average of $4,769.51. The company has a market cap of $150.51 billion, a PE ratio of 26.51, a price-to-earnings-growth ratio of 1.71 and a beta of 1.37. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $35.82 by $5.73. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The business had revenue of $5.47 billion during the quarter, compared to analyst estimates of $5.18 billion. On average, equities analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were issued a dividend of $9.60 per share. This represents a $38.40 annualized dividend and a yield of 0.84%. The ex-dividend date was Friday, March 7th. This is an increase from Booking’s previous quarterly dividend of $8.75. Booking’s payout ratio is presently 22.19%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BKNG. BMO Capital Markets lifted their price target on Booking from $5,155.00 to $5,900.00 and gave the company an “outperform” rating in a report on Friday, February 21st. Benchmark upped their price target on shares of Booking from $5,000.00 to $5,900.00 and gave the company a “buy” rating in a report on Friday, February 21st. StockNews.com lowered Booking from a “buy” rating to a “hold” rating in a research note on Thursday. DA Davidson raised their price objective 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, February 21st. Finally, Cfra raised Booking from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Eleven research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Booking currently has a consensus rating of “Moderate Buy” and an average target price of $5,327.28.

Institutional Investors Weigh In On Booking

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Princeton Global Asset Management LLC raised its holdings in Booking by 1.3% during the 1st quarter. Princeton Global Asset Management LLC now owns 808 shares of the business services provider’s stock worth $3,724,000 after purchasing an additional 10 shares during the last quarter. Congress Asset Management Co. grew its position in shares of Booking by 0.8% during the 1st quarter. Congress Asset Management Co. now owns 3,380 shares of the business services provider’s stock worth $15,572,000 after buying an additional 27 shares during the period. Radnor Capital Management LLC raised its stake in shares of Booking by 1.9% during the first quarter. Radnor Capital Management LLC now owns 531 shares of the business services provider’s stock worth $2,446,000 after buying an additional 10 shares during the last quarter. Procyon Advisors LLC lifted its holdings in Booking by 103.4% in the first quarter. Procyon Advisors LLC now owns 537 shares of the business services provider’s stock valued at $2,475,000 after buying an additional 273 shares during the period. Finally, Unique Wealth LLC boosted its stake in Booking by 30.4% in the first quarter. Unique Wealth LLC now owns 793 shares of the business services provider’s stock valued at $3,653,000 after acquiring an additional 185 shares during the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.