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Booking Holdings Inc (NASDAQ: BKNG ) Chief Human Resources Officer Paulo Pisano sold 720 shares of the company on March 8, 2024, according to a recent SEC filing. The deal was part of a series of sales made by the insider over the past year, selling a total of 1,320 shares without purchasing any shares.
Booking Holdings Inc. is a global travel technology company. Its services include hotel reservations, vacation rentals, flights, car rentals, cruises and other travel-related services. The company is known for its portfolio of brands including Booking.com, Priceline, Agoda, KAYAK and OpenTable.
Booking Holdings Inc.’s insider trading history reveals a pattern of insider sales, with no insider purchases recorded over the past year, and a total of 45 insider sales during the same period.
Booking Holdings Inc’s shares were trading at $3,480.44 on the day insiders most recently sold shares, giving the company a market capitalization of $119.22 billion. The price-to-earnings ratio is 29.55, which is higher than the industry median of 20.795, but lower than the company’s historical price-to-earnings ratio median.
The stock’s valuation correlates with the GuruFocus value, showing that Booking Holdings Inc is fairly valued. The share price is $3,480.44, GuruFocus is valued at $3,823.94, and the price to GF value ratio is 0.91.
GF Value is GuruFocus’ proprietary intrinsic value estimate that takes into account historical trading multiples, GuruFocus adjustment factors based on past returns and growth, and Morningstar analyst estimates of future business performance.
The Insider Trend chart above reflects recent selling activity by Booking Holdings Inc. insiders, providing investors with a visual representation of insider transactions over time.
The GF Value picture above provides a visual guide to how the stock’s current valuation compares to GuruFocus’s estimated intrinsic value.
This article was generated by GuruFocus and is intended to provide general insight and is not tailored financial advice. Our commentary is rooted in historical data and analyst forecasts, employs an unbiased methodology, and is not intended to serve as specific investment guidance. It does not make a recommendation to purchase or divest any stock and does not take into account personal investment objectives or financial situation. Our goal is to provide long-term, fundamental data-driven analysis. Please note that our analysis may not include the latest, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in the stocks mentioned in this article.
This article first appeared on GuruFocus.
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