As Makemytrip Limited Mauritius (MMYT) Stock Value Rose, Jhl Capital Group Has Lowered Its Stake; Netflix (NFLX) Holder Glynn Capital Management Has Trimmed Stake as Shares Rose

February 23, 2018 - By Marie Mckinney

James H. Litinsky decreased its stake in Makemytrip Limited Mauritius (MMYT) by 19.69% based on its latest 2017Q3 regulatory filing with the SEC. Jhl Capital Group Llc sold 326,000 shares as the company’s stock rose 2.51% with the market. The hedge fund run by James H. Litinsky held 1.33M shares of the transportation services company at the end of 2017Q3, valued at $38.24M, down from 1.66 million at the end of the previous reported quarter. Jhl Capital Group Llc who had been investing in Makemytrip Limited Mauritius for a number of months, seems to be less bullish one the $3.03B market cap company. The stock increased 0.79% or $0.23 during the last trading session, reaching $30.03. About 71,659 shares traded. MakeMyTrip Limited (NASDAQ:MMYT) has risen 111.67% since February 23, 2017 and is uptrending. It has outperformed by 94.97% the S&P500.

Glynn Capital Management Llc decreased its stake in Netflix (NFLX) by 8.97% based on its latest 2017Q3 regulatory filing with the SEC. Glynn Capital Management Llc sold 12,201 shares as the company’s stock rose 10.41% with the market. The hedge fund held 123,833 shares of the consumer services company at the end of 2017Q3, valued at $22.46 million, down from 136,034 at the end of the previous reported quarter. Glynn Capital Management Llc who had been investing in Netflix for a number of months, seems to be less bullish one the $121.57 billion market cap company. The stock increased 0.72% or $2.01 during the last trading session, reaching $280.15. About 3.09 million shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since February 23, 2017 and is uptrending. It has outperformed by 58.64% the S&P500.

Analysts await MakeMyTrip Limited (NASDAQ:MMYT) to report earnings on May, 18. They expect $-0.74 earnings per share, down 76.19% or $0.32 from last year’s $-0.42 per share. After $-0.41 actual earnings per share reported by MakeMyTrip Limited for the previous quarter, Wall Street now forecasts 80.49% negative EPS growth.

Jhl Capital Group Llc, which manages about $2.26 billion and $268.24M US Long portfolio, upped its stake in Commercial Metals Co (NYSE:CMC) by 90,000 shares to 400,000 shares, valued at $7.61 million in 2017Q3, according to the filing.

Among 4 analysts covering MakeMyTrip (NASDAQ:MMYT), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. MakeMyTrip had 12 analyst reports since August 12, 2015 according to SRatingsIntel. As per Friday, October 30, the company rating was downgraded by Deutsche Bank. Jefferies maintained it with “Hold” rating and $31.5 target in Friday, October 13 report. The stock has “Neutral” rating by Nomura on Friday, June 3. The company was downgraded on Tuesday, February 23 by Nomura. Jefferies downgraded it to “Hold” rating and $31.5000 target in Thursday, August 10 report. Jefferies maintained MakeMyTrip Limited (NASDAQ:MMYT) rating on Friday, February 9. Jefferies has “Hold” rating and $29.7 target. The rating was maintained by Jefferies with “Hold” on Thursday, November 2.

Glynn Capital Management Llc, which manages about $659.77 million and $398.38 million US Long portfolio, upped its stake in New Relic Inc. by 54,217 shares to 311,227 shares, valued at $15.50 million in 2017Q3, according to the filing. It also increased its holding in Atlassian Corporation by 25,606 shares in the quarter, for a total of 512,460 shares, and has risen its stake in Proofpoint (NASDAQ:PFPT).

Since August 28, 2017, it had 0 buys, and 38 sales for $142.82 million activity. Peters Gregory K also sold $1.92 million worth of Netflix, Inc. (NASDAQ:NFLX) on Tuesday, January 16. $187,093 worth of Netflix, Inc. (NASDAQ:NFLX) was sold by BARTON RICHARD N on Thursday, January 25. HASTINGS REED also sold $16.07M worth of Netflix, Inc. (NASDAQ:NFLX) shares. $437,545 worth of stock was sold by FRIEDLAND JONATHAN on Thursday, January 11. Shares for $3.01 million were sold by HOAG JAY C. $191,200 worth of Netflix, Inc. (NASDAQ:NFLX) was sold by WELLS DAVID B on Monday, December 18.

Among 56 analysts covering Netflix (NASDAQ:NFLX), 40 have Buy rating, 2 Sell and 14 Hold. Therefore 71% are positive. Netflix had 226 analyst reports since August 4, 2015 according to SRatingsIntel. Topeka Capital Markets maintained it with “Buy” rating and $142 target in Monday, November 16 report. The stock has “Sell” rating by Wedbush on Wednesday, July 12. The stock of Netflix, Inc. (NASDAQ:NFLX) has “Buy” rating given on Thursday, January 19 by Pivotal Research. BMO Capital Markets maintained the stock with “Perform” rating in Tuesday, July 19 report. The stock has “Hold” rating by Mizuho on Monday, September 21. The firm has “Underperform” rating given on Wednesday, January 20 by Wedbush. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Buy” rating by UBS on Wednesday, January 17. The firm earned “Buy” rating on Tuesday, January 23 by UBS. RBC Capital Markets maintained the shares of NFLX in report on Tuesday, July 19 with “Outperform” rating. The firm has “Buy” rating by Pivotal Research given on Tuesday, October 18.

Investors sentiment decreased to 1.12 in 2017 Q3. Its down 0.10, from 1.22 in 2017Q2. It fall, as 56 investors sold NFLX shares while 255 reduced holdings. 115 funds opened positions while 233 raised stakes. 356.10 million shares or 3.23% more from 344.96 million shares in 2017Q2 were reported. The France-based Credit Agricole S A has invested 0.06% in Netflix, Inc. (NASDAQ:NFLX). Alphamark Limited Liability Com stated it has 30 shares. First Personal invested 0.04% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Alexandria Cap Ltd Liability Corporation reported 30 shares stake. Kings Point Mgmt has 0.02% invested in Netflix, Inc. (NASDAQ:NFLX). Brown Brothers Harriman And holds 527 shares. Winslow Evans And Crocker has invested 0.26% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Gilder Gagnon Howe & Limited Liability Corp accumulated 2.45 million shares or 6.26% of the stock. Criterion Capital Mngmt Ltd Co stated it has 636,413 shares or 4.9% of all its holdings. Winslow Cap Management Ltd Limited Liability Company owns 1.04M shares. 17,461 were reported by Ameritas Inv Ptnrs. Nuveen Asset Mgmt Ltd Limited Liability Company owns 15,739 shares. 25,954 are held by Tpg Group Inc (Sbs) Advisors Inc. 12,113 were reported by Capstone Advsrs Ltd Liability. Fil Limited holds 0.03% or 49,289 shares.

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