MakeMyTrip Limited (NASDAQ:MMYT) Shares Sold by CoreCap Advisors LLC

CoreCap Advisors LLC trimmed its holdings in shares of MakeMyTrip Limited (NASDAQ:MMYT) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,671 shares of the technology company’s stock after selling 467 shares during the period. CoreCap Advisors LLC’s holdings in MakeMyTrip were worth $749,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Redhawk Wealth Advisors Inc. acquired a new position in MakeMyTrip during the 4th quarter valued at approximately $1,143,000. USA Financial Formulas acquired a new position in shares of MakeMyTrip during the fourth quarter valued at $35,000. SeaTown Holdings Pte. Ltd. bought a new position in shares of MakeMyTrip during the fourth quarter worth about $11,258,000. SG Americas Securities LLC acquired a new stake in shares of MakeMyTrip in the 4th quarter worth about $1,591,000. Finally, Janney Montgomery Scott LLC increased its holdings in shares of MakeMyTrip by 739.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 19,585 shares of the technology company’s stock worth $2,199,000 after acquiring an additional 17,251 shares during the period. 51.89% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of MakeMyTrip from a “hold” rating to a “sell” rating in a research note on Friday, January 24th.

MakeMyTrip Trading Up 0.8 %

Shares of MMYT stock opened at $97.92 on Friday. The firm has a market capitalization of $10.75 billion, a PE ratio of 53.22, a price-to-earnings-growth ratio of 6.56 and a beta of 0.92. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.88 and a current ratio of 2.88. MakeMyTrip Limited has a 1 year low of $72.55 and a 1 year high of $123.00. The stock has a fifty day moving average of $99.57 and a two-hundred day moving average of $105.25.

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.