MakeMyTrip Limited (NASDAQ:MMYT) Shares Acquired by Aquatic Capital Management LLC

Aquatic Capital Management LLC lifted its position in MakeMyTrip Limited (NASDAQ:MMYT - Free Report) by 119.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,165 shares of the technology company's stock after purchasing an additional 22,365 shares during the period. Aquatic Capital Management LLC's holdings in MakeMyTrip were worth $4,622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Susquehanna Fundamental Investments LLC acquired a new position in shares of MakeMyTrip in the fourth quarter worth about $764,000. New Vernon Capital Holdings II LLC raised its holdings in MakeMyTrip by 56.8% in the 4th quarter. New Vernon Capital Holdings II LLC now owns 52,488 shares of the technology company's stock worth $5,893,000 after purchasing an additional 19,011 shares during the period. Nebula Research & Development LLC purchased a new position in MakeMyTrip during the fourth quarter worth approximately $796,000. Totem Point Management LLC boosted its position in MakeMyTrip by 30.2% during the fourth quarter. Totem Point Management LLC now owns 33,577 shares of the technology company's stock worth $3,770,000 after purchasing an additional 7,783 shares in the last quarter. Finally, MGO One Seven LLC grew its holdings in MakeMyTrip by 40.4% in the fourth quarter. MGO One Seven LLC now owns 3,532 shares of the technology company's stock valued at $397,000 after purchasing an additional 1,016 shares during the period. 51.89% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com cut shares of MakeMyTrip from a "hold" rating to a "sell" rating in a research report on Friday, January 24th.

MakeMyTrip Price Performance

NASDAQ:MMYT opened at $107.64 on Monday. The firm has a market cap of $11.82 billion, a P/E ratio of 58.50, a price-to-earnings-growth ratio of 6.56 and a beta of 1.00. The stock has a 50 day moving average of $97.56 and a two-hundred day moving average of $105.03. MakeMyTrip Limited has a 12 month low of $65.54 and a 12 month high of $123.00. The company has a current ratio of 2.88, a quick ratio of 2.88 and a debt-to-equity ratio of 0.19.

MakeMyTrip (NASDAQ:MMYT - Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The technology company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.12). MakeMyTrip had a return on equity of 11.46% and a net margin of 25.42%. On average, analysts expect that MakeMyTrip Limited will post 1.27 earnings per share for the current fiscal year.

MakeMyTrip Company Profile

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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