Flossbach Von Storch SE Purchases New Shares in MakeMyTrip Limited $MMYT

Posted by Brenda Bartman on Aug 20th, 2026

Flossbach Von Storch SE bought a new position in shares of MakeMyTrip Limited (NASDAQ:MMYT – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 50,000 shares of the technology company’s stock, valued at approximately $2,664,000. Flossbach Von Storch SE owned approximately 0.05% of MakeMyTrip as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Temasek Holdings Private Ltd bought a new position in shares of MakeMyTrip during the 1st quarter valued at approximately $63,447,000. Sei Investments Co. boosted its holdings in shares of MakeMyTrip by 17.5% in the first quarter. Sei Investments Co. now owns 652,971 shares of the technology company’s stock worth $24,349,000 after acquiring an additional 97,377 shares during the period. Hsbc Holdings PLC bought a new position in MakeMyTrip in the 4th quarter worth about $4,512,000. Coronation Fund Managers Ltd. boosted its position in shares of MakeMyTrip by 22.5% in the first quarter. Coronation Fund Managers Ltd. now owns 1,532,202 shares of the technology company’s stock valued at $57,136,000 after acquiring an additional 280,923 shares during the period. Finally, Bessemer Group Inc. boosted its holdings in MakeMyTrip by 96.4% in the 1st quarter. Bessemer Group Inc. now owns 209,034 shares of the technology company’s stock valued at $7,795,000 after purchasing an additional 102,624 shares during the period. 51.89% of the stock is owned by hedge funds and other institutional investors.

MakeMyTrip Stock Performance

NASDAQ:MMYT opened at $61.24 on Thursday. The firm has a market cap of $5.76 billion, a P/E ratio of 510.33 and a beta of 0.98. The firm has a 50-day simple moving average of $54.82 and a two-hundred day simple moving average of $50.15. MakeMyTrip Limited has a fifty-two week low of $32.67 and a fifty-two week high of $104.43.

Analyst Ratings Changes

MMYT has been the subject of a number of research analyst reports. HSBC assumed coverage on MakeMyTrip in a research report on Thursday, July 2nd. They set a “buy” rating and a $70.00 price target for the company. Zacks Research raised MakeMyTrip from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, July 20th. The Goldman Sachs Group set a $84.00 target price on shares of MakeMyTrip in a report on Saturday, June 27th. Citigroup restated a “buy” rating on shares of MakeMyTrip in a report on Tuesday, May 19th. Finally, Wall Street Zen raised shares of MakeMyTrip from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, MakeMyTrip has an average rating of “Buy” and an average price target of $86.75.

Read Our Latest Report on MakeMyTrip

MakeMyTrip Profile

(Free Report)

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.