MakeMyTrip Limited (NASDAQ:MMYT) Shares Acquired by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise raised its position in MakeMyTrip Limited (NASDAQ:MMYTFree Report) by 449.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,398 shares of the technology company’s stock after acquiring an additional 2,780 shares during the quarter. Banque Cantonale Vaudoise’s holdings in MakeMyTrip were worth $138,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of MMYT. Polar Capital Holdings Plc acquired a new position in shares of MakeMyTrip during the second quarter worth about $15,932,000. Wellington Management Group LLP raised its stake in shares of MakeMyTrip by 71.7% during the 1st quarter. Wellington Management Group LLP now owns 1,067,690 shares of the technology company’s stock worth $26,126,000 after buying an additional 445,996 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of MakeMyTrip by 1,508.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 459,013 shares of the technology company’s stock valued at $12,384,000 after buying an additional 430,482 shares during the period. Capital International Investors lifted its holdings in shares of MakeMyTrip by 10.5% in the 2nd quarter. Capital International Investors now owns 4,199,786 shares of the technology company’s stock valued at $113,310,000 after buying an additional 398,388 shares during the period. Finally, TT International Asset Management LTD purchased a new stake in shares of MakeMyTrip in the second quarter valued at approximately $10,049,000. Hedge funds and other institutional investors own 44.03% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded MakeMyTrip from a “sell” rating to a “hold” rating in a research report on Wednesday, January 24th.

Get Our Latest Report on MakeMyTrip

MakeMyTrip Trading Up 3.0 %

Shares of MMYT opened at $59.28 on Friday. MakeMyTrip Limited has a twelve month low of $22.50 and a twelve month high of $60.63. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $6.29 billion, a P/E ratio of 128.87 and a beta of 1.21. The firm’s 50-day moving average is $48.21 and its two-hundred day moving average is $41.83.

About MakeMyTrip

(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.

See Also

Want to see what other hedge funds are holding MMYT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MakeMyTrip Limited (NASDAQ:MMYTFree Report).

Institutional Ownership by Quarter for MakeMyTrip (NASDAQ:MMYT)

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