5 Stocks to Sell According to Billionaire Daniel Sundheim

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1. Booking Holdings Inc. (NASDAQ:BKNG)

Number of Hedge Fund Holders: 96

Booking Holdings Inc. (NASDAQ:BKNG) is an online travel services provider whose services allow its customers to make reservations, book rental cars, and airline tickets. It also lets customers manage their travel insurance and restaurant management.

Booking Holdings Inc. (NASDAQ:BKNG) earned $4.68 billion in revenue and $37.70 in non-GAAP EPS for its fiscal Q3, beating analyst estimates for both. RBC Capital raised the stock’s rating to Outperform from Sector Perform in December 2021 but kept its $2,700 price target unchanged.

D1 Capital sold 255,164 Booking Holdings Inc. (NASDAQ:BKNG) shares during Q3 2021. These were worth $558 million and represented 3.65% of its portfolio in Q2 2021. 96 of 867 hedge funds held the company’s shares in the third quarter of last year according to Insider Monkey’s research.

Booking Holdings Inc. (NASDAQ:BKNG)’s largest investor is Natixis Global Asset Management’s Harris Associates who owns 668,053 shares worth a cool $1.5 billion.


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