<div id="readability-page-1"><p>Montecito Bank &amp; Trust acquired a new stake in  Booking Holdings Inc. (NASDAQ:BKNG - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor  acquired 391 shares of the business services provider's stock, valued at approximately $2,111,000.</p><ul><li>AI Fatigue? These 3 Analyst-Upgraded Stocks Offer Real Growth Potential</li></ul><p>A number of other hedge funds have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new stake in shares of  Booking during the 2nd quarter valued at $2,210,917,000.  Laurel Wealth Advisors LLC raised its position in  Booking by 578,824.0% in the second quarter. Laurel Wealth Advisors LLC now owns 289,462 shares of the business services provider's stock valued at $1,675,765,000 after purchasing an additional 289,412 shares during the last quarter.  Vestor Capital LLC boosted its stake in shares of  Booking by 658,925.0% during the second quarter. Vestor Capital LLC now owns 105,444 shares of the business services provider's stock valued at $610,441,000 after purchasing an additional 105,428 shares in the last quarter.  Symphony Financial Ltd. Co. bought a new stake in shares of  Booking during the second quarter worth about $536,675,000.  Finally, AQR Capital Management LLC increased its stake in shares of  Booking by 79.4% in the first quarter. AQR Capital Management LLC now owns 154,206 shares of the business services provider's stock valued at $695,259,000 after buying an additional 68,243 shares during the period. Institutional investors and hedge funds own  92.42% of the company's stock. </p><h2>Insiders Place Their Bets</h2><p>In other news, CEO Glenn D. Fogel sold 625 shares of the firm's stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $5,141.53, for a total transaction of $3,213,456.25. Following the completion of the sale, the chief executive officer owned 22,982 shares of the company's stock, valued at $118,162,642.46. This trade represents a 2.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert J. Mylod, Jr. sold 40 shares of Booking stock in a transaction on Friday, November 7th. The shares were sold at an average price of $5,000.00, for a total transaction of $200,000.00. Following the completion of the sale, the director owned 960 shares of the company's stock, valued at $4,800,000. This represents a 4.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,324 shares of company stock valued at $17,193,557 over the last 90 days. 0.16% of the stock is currently owned by corporate insiders. </p><h2>Analysts Set New Price Targets</h2><ul><li>OpenAI's Restructuring Sets up What Could Be the Biggest IPO Ever</li></ul><p>Several research firms recently commented on BKNG. Seaport Global Securities lifted their target price on shares of Booking from $6,030.00 to $6,260.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, October 29th. Wedbush raised shares of Booking from a &#34;neutral&#34; rating to an &#34;outperform&#34; rating and set a $6,000.00 price target for the company in a research note on Thursday, November 13th. B. Riley boosted their price objective on shares of Booking from $6,700.00 to $6,800.00 and gave the stock a &#34;buy&#34; rating in a research note on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft increased their price objective on Booking from $6,723.00 to $6,790.00 and gave the company a &#34;buy&#34; rating in a report on Tuesday, October 21st. Finally, Cantor Fitzgerald cut their target price on Booking from $5,590.00 to $5,550.00 and set a &#34;neutral&#34; rating on the stock in a report on Wednesday, October 29th. One analyst  has rated the stock with a Strong Buy rating, twenty-six have assigned  a Buy rating and eight have issued  a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of &#34;Moderate Buy&#34; and an average price target of $6,149.23.</p><p><b>Check Out Our Latest Research Report on Booking</b></p><h2>Booking Stock Down 1.8%</h2><ul><li>Forget the Weak Dollar—These 3 Travel Stocks Are Still Taking Off</li></ul><p>BKNG stock opened at $5,340.98 on Thursday. The firm has a market cap of $172.14 billion, a price-to-earnings ratio of 34.71, a PEG ratio of 1.37 and a beta of 1.25. Booking Holdings Inc. has a 12-month low of $4,096.23 and a 12-month high of $5,839.41. The company's fifty day simple moving average is $5,069.87 and its 200 day simple moving average is $5,377.19. </p><p>Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The business services provider reported $99.50 earnings per share for the quarter, topping analysts' consensus estimates of $95.56 by $3.94. The firm had revenue of $9.01 billion during the quarter, compared to the consensus estimate of $8.71 billion. Booking had a negative return on equity of 134.86% and a net margin of 19.37%.The business's revenue was up 12.7% compared to the same quarter last year. During the same period last year, the business posted $83.39 EPS.  Research analysts expect that  Booking Holdings Inc. will post 209.92 earnings per share for the current year. </p><h2>Booking Announces Dividend</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 5th will be paid a $9.60 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $38.40 annualized dividend and a yield of 0.7%. Booking's payout ratio is 24.96%. </p><h2>Booking Company Profile</h2> (Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Booking</li><li>NYSE Stocks Give Investors a Variety of Quality Options </li><li>Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport</li><li>Most active stocks: Dollar volume vs share volume</li><li>Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock</li><li>Stock Analyst Ratings and Canadian Analyst Ratings</li><li>Can Upwork Maintain Its Comeback? Reasons to Be Bullish and Bearish</li></ul><p><strong>Want to see what other hedge funds are holding BKNG?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booking Holdings Inc. (NASDAQ:BKNG - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QktORw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QktORw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Booking Right Now?</h2><p>Before you consider Booking, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Booking wasn't on the list.</p><p>While Booking currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BKNG

<p>Montecito Bank & Trust acquired 391 shares of Booking Holdings Inc., valued at $2,111,000, in Q3. Analysts have set new price targets for BKNG, with Seaport Global Securities, Wedbush, B. Riley, and Deutsche Bank giving 'buy' ratings. The stock has an average rating of 'Moderate Buy' and a price target of $6,149.23. BKNG stock opened at $5,340.98, with a market cap of $172.14 billion.</p>

Montecito Bank & Trust Purchases New Position in Booking Holdings Inc. $BKNG