46,660 Shares in MakeMyTrip Limited $MMYT Acquired by Aquatic Capital Management LLC

Aquatic Capital Management LLC bought a new stake in MakeMyTrip Limited (NASDAQ:MMYT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 46,660 shares of the technology company’s stock, valued at approximately $4,367,000.

Several other institutional investors have also made changes to their positions in the stock. Parallel Advisors LLC grew its holdings in shares of MakeMyTrip by 244.8% during the 3rd quarter. Parallel Advisors LLC now owns 400 shares of the technology company’s stock worth $37,000 after purchasing an additional 284 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of MakeMyTrip by 4,420.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 904 shares of the technology company’s stock valued at $86,000 after acquiring an additional 884 shares during the last quarter. Banque Cantonale Vaudoise acquired a new stake in shares of MakeMyTrip during the third quarter valued at about $168,000. Osaic Holdings Inc. raised its holdings in MakeMyTrip by 10.2% in the 2nd quarter. Osaic Holdings Inc. now owns 2,028 shares of the technology company’s stock valued at $199,000 after buying an additional 188 shares during the last quarter. Finally, Paradice Investment Management LLC acquired a new position in shares of MakeMyTrip during the third quarter worth $201,000. 51.89% of the stock is currently owned by institutional investors.

MakeMyTrip News Summary

Here are the key news stories impacting MakeMyTrip this week:

• Positive Sentiment: Company merged RedBus into its India entity and completed an internal restructuring, a step the market views as preparatory work for a local listing that could simplify ownership and free up value. MakeMyTrip eyes India listing after merging RedBus into domestic entity
• Positive Sentiment: Multiple outlets report MMYT is evaluating an IPO in India as part of a longer‑term growth and capital‑markets strategy — an India listing could attract local investors and narrow valuation gaps versus domestic peers. MakeMyTrip Eyes an IPO in India
• Positive Sentiment: Analysts retain a favourable tilt: consensus ratings around “Moderate Buy” highlight continued Wall Street support that can reinforce upside if an India listing materializes. MakeMyTrip Limited (NASDAQ:MMYT) Given Consensus Rating of “Moderate Buy” by Analysts
• Neutral Sentiment: Sector coverage notes MMYT as a participant in digital travel/delivery services, suggesting the company benefits from longer‑term industry tailwinds (smartphone and internet penetration) but not an immediate catalyst by itself. 4 Internet Delivery Services Stocks to Watch in a Flourishing Industry
• Neutral Sentiment: Coverage pointing to MMYT’s role in the Nasdaq digital travel grouping may raise visibility among passive/index investors, but practical impact depends on index inclusion specifics and timing. MakeMyTrip (NASDAQ:MMYT) Gains Focus In Nasdaq Index Digital Travel Sector

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of MakeMyTrip in a report on Tuesday, January 27th. Bank of America dropped their price target on MakeMyTrip from $115.00 to $113.00 and set a “buy” rating on the stock in a research note on Wednesday, December 24th. Morgan Stanley reaffirmed an “overweight” rating on shares of MakeMyTrip in a research note on Wednesday, December 31st. Finally, Citigroup cut their target price on MakeMyTrip from $108.00 to $96.00 and set a “buy” rating on the stock in a research report on Wednesday, January 21st. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $106.33.

MakeMyTrip Price Performance

MakeMyTrip stock opened at $45.76 on Tuesday. The company has a debt-to-equity ratio of 38.85, a current ratio of 1.85 and a quick ratio of 1.85. The firm has a market capitalization of $5.09 billion, a P/E ratio of 95.33, a PEG ratio of 1.56 and a beta of 0.64. MakeMyTrip Limited has a one year low of $45.04 and a one year high of $113.85. The business has a fifty day moving average price of $61.18 and a 200-day moving average price of $77.20.

MakeMyTrip (NASDAQ:MMYT) last announced its quarterly earnings results on Wednesday, January 21st. The technology company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.09. The firm had revenue of $295.70 million for the quarter, compared to analysts’ expectations of $306.29 million. MakeMyTrip had a return on equity of 48.06% and a net margin of 5.46%. As a group, equities research analysts forecast that MakeMyTrip Limited will post 1.27 EPS for the current year.

MakeMyTrip Company Profile

MakeMyTrip Inc is an online travel company that provides a comprehensive suite of travel products and services through its website and mobile app platform. The company’s offerings include air ticketing, hotel reservations, holiday packages, rail and bus ticket bookings, ancillary travel services such as travel insurance and visa assistance, and corporate travel management solutions. By leveraging technology-driven platforms, MakeMyTrip aims to deliver convenience, competitive pricing, and a seamless booking experience for both retail and business customers.

Founded in June 2000 by Deep Kalra, MakeMyTrip has grown to become one of India’s leading travel technology firms.