<div id="readability-page-1"><p>Amundi reduced its stake in  MakeMyTrip Limited (NASDAQ:MMYT - Free Report) by 4.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 414,024 shares of the technology company's stock after selling 18,695 shares during the period. Amundi owned approximately 0.37% of MakeMyTrip worth $38,968,000 at the end of the most recent quarter.</p><ul><li>TripAdvisor is on AI-powered recovery from record lows</li></ul><p>Other hedge funds also recently bought and sold shares of the company. Cetera Investment Advisers increased its position in shares of  MakeMyTrip by 50.9% during the first quarter. Cetera Investment Advisers now owns 6,075 shares of the technology company's stock valued at $595,000 after acquiring an additional 2,050 shares during the last quarter.  Townsquare Capital LLC purchased a new position in shares of  MakeMyTrip during the 1st quarter worth approximately $610,000.  Invesco Ltd. increased its holdings in  MakeMyTrip by 13.1% in the 1st quarter. Invesco Ltd. now owns 409,482 shares of the technology company's stock valued at $40,125,000 after purchasing an additional 47,426 shares during the last quarter.  Entropy Technologies LP purchased a new stake in  MakeMyTrip in the first quarter valued at approximately $668,000.  Finally, Stone House Investment Management LLC acquired a new position in  MakeMyTrip during the first quarter worth $49,000. Hedge funds and other institutional investors own  51.89% of the company's stock. </p><h2>MakeMyTrip Stock Performance</h2><p>Shares of MMYT opened at $71.71 on Wednesday. The company's 50 day simple moving average is $81.43 and its 200-day simple moving average is $91.91. The firm has a market cap of $7.98 billion, a PE ratio of 112.05 and a beta of 0.71. MakeMyTrip Limited has a 12-month low of $69.69 and a 12-month high of $123.00. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 38.85. </p><h2>Analysts Set New Price Targets</h2><ul><li>Are These 3 Travel-Related Stocks Actionable After Big Rallies?</li></ul><p>A number of brokerages recently commented on MMYT. Wall Street Zen cut MakeMyTrip from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Friday, October 3rd. Weiss Ratings initiated coverage on shares of MakeMyTrip in a research note on Thursday, October 30th. They issued a &#34;hold (c)&#34; rating for the company. Three analysts have rated the stock with a Buy rating and one  has issued  a Hold rating to the stock. According to MarketBeat, the stock  has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $120.00.</p><p><b>Check Out Our Latest Stock Analysis on MMYT</b></p><h2>MakeMyTrip Profile</h2> (Free Report)<ul><li>MakeMyTrip Stock is an Under-the-Radar Play</li></ul><p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than MakeMyTrip</li><li>About the Markup Calculator</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>There Are Different Types of Stock To Invest In</li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li><li>Best Stocks Under $10.00 </li><li>Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers</li></ul><p><strong>Want to see what other hedge funds are holding MMYT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MakeMyTrip Limited (NASDAQ:MMYT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TU1ZVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TU1ZVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in MakeMyTrip Right Now?</h2><p>Before you consider MakeMyTrip, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MakeMyTrip wasn't on the list.</p><p>While MakeMyTrip currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MMYT

<p>Amundi reduced its stake in MakeMyTrip Limited by 4.3% in Q2, now holding 414,024 shares worth $38.97 million. The stock opened at $71.71, with a 12-month range of $69.69 to $123.00. Analysts have a consensus "Moderate Buy" rating with a $120 target price. Other hedge funds have adjusted their positions, and institutional investors own 51.89% of the stock.</p>

Amundi Lowers Position in MakeMyTrip Limited $MMYT