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Keeping an Eye on Booking Holdings Inc (BKNG) After Insider Trading Activity

In a filing, Booking Holdings Inc revealed its CEO AND PRESIDENT Fogel Glenn D unloaded Company’s shares for reported $2.65 million on Apr 15 ’24. In the deal valued at $3534.10 per share,750 shares were sold. As a result of this transaction, Fogel Glenn D now holds 26,971 shares worth roughly $93.53 million.

Then, Vojvodich Radakovich Lynn sold 22 shares, generating $78,828 in total proceeds. Upon selling the shares at $3583.07, the Director now owns 211 shares.

Before that, Fogel Glenn D sold 5,827 shares. Booking Holdings Inc shares valued at $20,137,703 were divested by the CEO AND PRESIDENT at a price of $3455.93 per share. As a result of the transaction, Fogel Glenn D now holds 27,721 shares, worth roughly $96.13 million.

B. Riley Securities initiated its Booking Holdings Inc [BKNG] rating to a Buy in a research note published on April 03, 2024; the price target was $4400. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. Oppenheimer also remained covering BKNG and reiterated its “an Outperform” recommendation on February 05, 2024. BMO Capital Markets started covering the stock on January 09, 2024. It rated BKNG as “an Outperform”.

Price Performance Review of BKNG

On Tuesday, Booking Holdings Inc [NASDAQ:BKNG] saw its stock fall -0.51% to $3467.77. Over the last five days, the stock has lost -3.17%. Booking Holdings Inc shares have fallen nearly -2.24% since the year began. Nevertheless, the stocks have risen 30.87% over the past one year. While a 52-week high of $3918.00 was reached on 02/22/24, a 52-week low of $2456.93 was recorded on 01/04/24. SMA at 50 days reached $3,590.09, while 200 days put it at $3,250.22. A total of 0.21 million shares were traded, compared to the trading of 0.21 million shares in the previous session.

Levels Of Support And Resistance For BKNG Stock

The 24-hour chart illustrates a support level at 3,446.55, which if violated will result in even more drops to 3,425.32. On the upside, there is a resistance level at 3,493.23. A further resistance level may holdings at 3,518.69. The Relative Strength Index (RSI) on the 14-day chart is 41.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -82.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.48%. Stochastics %K at 7.66% indicates the stock is a buying.

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