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MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $1.69 Million Stock Holdings in MakeMyTrip Limited (NASDAQ:MMYT)

MakeMyTrip logo with Computer and Technology background

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. reduced its position in shares of MakeMyTrip Limited (NASDAQ:MMYT - Free Report) by 17.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,034 shares of the technology company's stock after selling 3,248 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in MakeMyTrip were worth $1,688,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MMYT. SG Americas Securities LLC acquired a new stake in MakeMyTrip during the 4th quarter valued at $1,591,000. Janney Montgomery Scott LLC raised its stake in MakeMyTrip by 739.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 19,585 shares of the technology company's stock valued at $2,199,000 after purchasing an additional 17,251 shares during the period. Exchange Traded Concepts LLC raised its stake in MakeMyTrip by 15.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 42,784 shares of the technology company's stock valued at $4,804,000 after purchasing an additional 5,787 shares during the period. Blue Trust Inc. raised its stake in MakeMyTrip by 4.6% during the 4th quarter. Blue Trust Inc. now owns 15,064 shares of the technology company's stock valued at $1,691,000 after purchasing an additional 662 shares during the period. Finally, Matthews International Capital Management LLC raised its stake in MakeMyTrip by 6.2% during the 4th quarter. Matthews International Capital Management LLC now owns 240,751 shares of the technology company's stock valued at $27,032,000 after purchasing an additional 13,952 shares during the period. 51.89% of the stock is owned by institutional investors and hedge funds.

MakeMyTrip Stock Down 0.2%

Shares of NASDAQ MMYT traded down $0.23 during mid-day trading on Thursday, reaching $100.86. The company had a trading volume of 54,261 shares, compared to its average volume of 816,213. MakeMyTrip Limited has a twelve month low of $72.55 and a twelve month high of $123.00. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.88 and a current ratio of 2.88. The stock has a market capitalization of $11.07 billion, a PE ratio of 54.81, a price-to-earnings-growth ratio of 6.56 and a beta of 0.92. The stock's 50 day moving average is $102.21 and its 200-day moving average is $105.26.

Analyst Ratings Changes

MMYT has been the topic of several recent analyst reports. Wall Street Zen raised shares of MakeMyTrip from a "sell" rating to a "hold" rating in a research note on Thursday, May 15th. Citigroup boosted their target price on shares of MakeMyTrip from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Thursday, May 15th.

Check Out Our Latest Stock Analysis on MMYT

MakeMyTrip Profile

(Free Report)

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing.

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Institutional Ownership by Quarter for MakeMyTrip (NASDAQ:MMYT)

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