Marshall Wace Adds $12M in Booking Holdings Inc. ($BKNG)
Marshall Wace added 66,000 shares of Booking Holdings, raising its position to 348,725 shares as of the latest filing.
Key Points
- Marshall Wace boosted its stake in Booking Holdings by 23.3%, adding 66,000 shares to a total of 348,725 shares valued at $60.99 million.
- Booking Holdings has a market cap of $135.3 billion, a P/E ratio of 23.04, and its stock traded near $174.89.
- Insiders include Robert Mylod Jr. and Sumit Singh, with recent buys, while analysts maintain a consensus 'buy' rating with a target mean price of $224.41.
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Marshall Wace has increased its investment in Booking Holdings Inc. (NasdaqGS: BKNG), according to its latest 13F filing with the SEC. The investment firm added 66,000 shares, boosting its stake by 23.3% to a total of 348,725 shares. The value of this position is approximately $60.99 million, based on the filing for the period ending on May 15, 2026.
What Changed in Marshall Wace's Booking Holdings Position
Marshall Wace's decision to increase its Booking Holdings stake is a notable move. The firm previously held 282,725 shares and added 66,000 shares to bring its total to 348,725 shares. This represents a 23.3% increase in its holdings.
Other Institutional Activity in Booking Holdings
Several other institutional investors have also made changes to their Booking Holdings positions. Triglav Investments, D.O.O. significantly increased its holdings by 150 million shares, ending with 157.5 million shares valued at about $6.4 million. BlackRock, Inc. added 63.6 million shares, bringing its total to 66.3 million shares worth approximately $11.17 billion. Vanguard Capital Management LLC now holds 51.9 million shares valued at $8.74 billion, while State Street Corp grew its position by 34.1 million shares to 35.5 million shares valued at $5.98 billion. Price T Rowe Associates Inc. added 28 million shares, reaching 28.9 million shares worth $4.88 billion.
Booking Holdings Inc. Stock Down 13.3%
Shares of Booking Holdings traded near $174.89. The company has a market capitalization of $135.3 billion and a P/E ratio of 23.04. Its forward P/E is 14.19, and it has a beta of 1.088. The stock's 52-week range is between $150.14 and $233.58. It has a 50-day moving average of $169.70 and a 200-day moving average of $191.47. Booking Holdings maintains a current ratio of 1.057 and a quick ratio of 0.987.
$BKNG stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Booking Holdings reported revenue of $27.69 billion, showing a growth of 16.2%. The company achieved a net margin of 22.2%, with an EPS of $7.58. Investors are looking forward to the next earnings release scheduled for July 29, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
13 target cuts vs 1 raises.
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EPS & revenue
EPS beat estimates by 3.6%. Revenue missed estimates by 1.7%.
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Profit surprise
EBITDA beat by 20 percent. Operating income beat by 26 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
1 target raise, 13 target cuts.
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Earnings quality
Operating margin up 0.7 points. Positive free cash flow.
Earnings Call Summary
Booking delivered 338 million room nights in the quarter, up 6 percent year over year, with revenue of 5 point 5 billion, up 16 percent. The Middle East conflict that began late February reduced growth by roughly 2 percentage points and caused elevated cancellations in March. Despite this, U.S. room nights accelerated to low teens growth for the fourth quarter in a row, and the company remains confident in long term travel demand recovery.
Guidance Company expects 2 to 4 percent room night growth next quarter due to Middle East conflict continuing through end of June. For full year 2026, they now guide gross bookings growth to high single digits to low double digits, with adjusted EPS up low to mid teens, both down from prior guidance at midpoint but high end remains intact.
Clearly negative report. The company missed important expectations and likely triggers downward revisions.
Dividend
Booking Holdings offers an annual dividend rate of $1.61, resulting in a yield of 0.92%. Its dividend payout ratio stands at 20.73%.
Insider Buying and Selling at Booking Holdings Inc.
Recent insider activity at Booking Holdings includes several purchases on May 30, 2026. Robert Mylod Jr. bought 2,240 shares, while Sumit Singh, Kelly Grier, Nicholas Read, and Mirian Graddick Weir each acquired 1,583 shares. These transactions were not part of a pre-planned trading program. Conversely, Lynn Vojvodich Radakovich sold 1,200 shares on the same date.
Analysts Set New Price Targets
Analyst activity includes Argus Research maintaining a 'buy' rating with a $205 target on April 30, 2026. JP Morgan and UBS also maintained 'buy' ratings, with targets of $208 and $249, respectively. RBC Capital set a target of $220, and Citigroup at $225, all maintaining 'buy' ratings. Wells Fargo maintained a 'hold' rating with a $215 target. The consensus among 35 analysts is a 'buy' recommendation, with a target mean price of $224.41.
About Booking Holdings
Booking Holdings Inc. is a major provider of online travel and restaurant reservations, operating globally with brands like Booking.com and Priceline. Headquartered in Norwalk, Connecticut, the company offers a range of services including accommodations, flights, and car rentals. Under the leadership of CEO Glenn D. Fogel, the company employs about 24,900 people.
Bottom Line
Marshall Wace's increased stake in Booking Holdings reflects confidence in the company's potential. Investors often track such moves for insights into institutional sentiment. It's important to remember that 13F filings are backward-looking, reflecting positions as of the filing date, which may not represent the current holdings.
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