Yahoo Finance Booking Holdings Inc CEO Glenn Fogel Sells Company Shares
Booking Holdings Inc (NASDAQ:BKNG), a leader in the online travel industry, provides services through its Booking.com, priceline.com, agoda.com, KAYAK, Rentalcars.com, and OpenTable brands. The company offers a wide range of travel and restaurant online reservation and related services to consumers and local partners in over 220 countries and territories through its six primary brands.According to a recent SEC Filing, CEO and President Glenn Fogel sold 750 shares of Booking Holdings Inc (NASDAQ:BKNG) on April 15, 2024. This transaction has been part of a series of sales by the insider over the past year, with Glenn Fogel having sold a total of 19,129 shares and having made no purchases of the company's stock during this period.
The insider transaction history for Booking Holdings Inc shows a pattern of insider sales, with 45 insider sells and no insider buys over the past year.On the valuation front, Booking Holdings Inc's shares were trading at $3,534.10 on the day of the insider's recent sale, resulting in a market capitalization of $118.497 billion. The price-earnings ratio stands at 29.40, which is above the industry median of 19.945 but below the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is currently at 0.91, with a GF Value of $3,869.73, indicating that Booking Holdings Inc is modestly undervalued according to GuruFocus's intrinsic value estimate. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
