HMS Capital Management LLC Sells 5 Shares of Booking Holdings Inc. $BKNG

Key Takeaways:

• HMS Capital Management reduced its Booking Holdings stake by 1.0%.
• The firm sold five shares during the second quarter this year.
• The company retained 484 total shares following the sale.
• The data was released in HMS Capital’s 13F filing with the SEC.

HMS Capital’s Recent Adjustment

HMS Capital Management LLC confirmed a slight recalibration of its investment portfolio by selling off a small portion of its Booking Holdings Inc. shares. While the overall percentage of shares sold remained minimal, it still reflects a 1.0% decrease in the firm’s stake.

Details from the 13F Filing

According to HMS Capital Management’s latest 13F filing with the U.S. Securities and Exchange Commission, the investment firm sold five shares of Booking Holdings during the second quarter. Following the sale, HMS Capital still owned 484 shares of the business services provider’s stock.

The Significance of Booking Holdings

Booking Holdings Inc. (NASDAQ: BKNG) is recognized as a leading business services provider in the travel and leisure sector. Though the new filing shows a slight decrease in shares, the company remains a notable component within HMS Capital’s portfolio—as indicated by the continued holding of nearly 500 shares.

Looking Ahead

While HMS Capital Management’s move represents a small portion of its overall portfolio, the disclosure offers insight into how investment firms regularly rebalance their holdings. No additional comments on long-term strategy were offered in the filing, leaving observers to watch for further updates in upcoming quarters.