Booking Holdings Inc. $BKNG Shares Purchased by Bellecapital International Ltd.

Bellecapital International Ltd. grew its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 2,817.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 97,405 shares of the business services provider’s stock after acquiring an additional 94,066 shares during the quarter. Booking comprises about 2.8% of Bellecapital International Ltd.’s holdings, making the stock its 13th largest position. Bellecapital International Ltd.’s holdings in Booking were worth $17,361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Life Cycle Investment Partners Ltd purchased a new stake in shares of Booking during the 4th quarter worth about $361,463,000. Rit Capital Partners PLC acquired a new position in Booking during the fourth quarter valued at approximately $51,396,000. Merit Financial Group LLC lifted its position in Booking by 1,663.9% during the second quarter. Merit Financial Group LLC now owns 28,698 shares of the business services provider's stock valued at $5,115,000 after buying an additional 27,071 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new stake in Booking during the fourth quarter worth approximately $210,352,000. Finally, Cardano Risk Management B.V. increased its position in shares of Booking by 862.0% in the fourth quarter. Cardano Risk Management B.V. now owns 218,080 shares of the business services provider's stock worth $1,167,890,000 after acquiring an additional 195,411 shares in the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have commented on BKNG shares. B. Riley Financial restated a “buy” rating and set a $274.00 price objective (up from $264.00) on shares of Booking in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $230.00 price target on shares of Booking in a research report on Wednesday, August 5th. TD Cowen restated a “buy” rating and issued a $230.00 price target (down from $240.00) on shares of Booking in a report on Wednesday, April 29th. Cantor Fitzgerald lifted their price objective on shares of Booking from $175.00 to $220.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Finally, UBS Group boosted their target price on shares of Booking from $266.00 to $274.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $235.72.

In related news, VP Peter J. Millones sold 62,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $163.67, for a total value of $10,229,375.00. Following the sale, the vice president directly owned 425,075 shares in the company, valued at $69,572,025.25. The trade was a 12.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert J. Mylod, Jr. sold 1,000 shares.