As Makemytrip Limited Mauritius (MMYT) Market Valuation Rose, Horseman Capital Management LTD Lowered Its Holding by $7.90 Million; Netflix (NFLX) Holder Ctc Decreased Stake

February 11, 2018 - By Hazel Jackson

Ctc Llc decreased its stake in Netflix Inc (NFLX) by 50.55% based on its latest 2017Q3 regulatory filing with the SEC. Ctc Llc sold 28,060 shares as the company’s stock rose 10.41% with the market. The institutional investor held 27,445 shares of the consumer services company at the end of 2017Q3, valued at $4.98 million, down from 55,505 at the end of the previous reported quarter. Ctc Llc who had been investing in Netflix Inc for a number of months, seems to be less bullish one the $108.26 billion market cap company. The stock decreased 0.25% or $0.63 during the last trading session, reaching $249.47. About 16.91M shares traded or 105.67% up from the average. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since February 11, 2017 and is uptrending. It has outperformed by 58.64% the S&P500.

John Horseman decreased its stake in Makemytrip Limited Mauritius (MMYT) by 52.5% based on its latest 2017Q3 regulatory filing with the SEC. Horseman Capital Management Ltd sold 282,300 shares as the company’s stock rose 2.51% with the market. The hedge fund run by John Horseman held 255,400 shares of the transportation services company at the end of 2017Q3, valued at $7.34M, down from 537,700 at the end of the previous reported quarter. Horseman Capital Management Ltd who had been investing in Makemytrip Limited Mauritius for a number of months, seems to be less bullish one the $2.95 billion market cap company. The stock decreased 10.82% or $3.55 during the last trading session, reaching $29.25. About 562,193 shares traded or 81.73% up from the average. MakeMyTrip Limited (NASDAQ:MMYT) has risen 111.67% since February 11, 2017 and is uptrending. It has outperformed by 94.97% the S&P500.

Among 4 analysts covering MakeMyTrip (NASDAQ:MMYT), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. MakeMyTrip had 11 analyst reports since August 12, 2015 according to SRatingsIntel. Deutsche Bank downgraded MakeMyTrip Limited (NASDAQ:MMYT) on Friday, October 30 to “Hold” rating. As per Thursday, November 2, the company rating was maintained by Jefferies. On Tuesday, February 23 the stock rating was downgraded by Nomura to “Reduce”. The stock of MakeMyTrip Limited (NASDAQ:MMYT) earned “Hold” rating by Jefferies on Friday, October 13. The company was downgraded on Thursday, August 10 by Jefferies. The firm has “Neutral” rating given on Friday, June 3 by Nomura.

Horseman Capital Management Ltd, which manages about $449.90M US Long portfolio, upped its stake in Netflix Inc (NASDAQ:NFLX) by 3,000 shares to 9,000 shares, valued at $1.63 million in 2017Q3, according to the filing. It also increased its holding in Abbvie Inc (NYSE:ABBV) by 5,000 shares in the quarter, for a total of 21,000 shares, and has risen its stake in Cf Industries Holdings Inc (NYSE:CF).

Ctc Llc, which manages about $50.56 billion US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (SPY) by 296,434 shares to 544,639 shares, valued at $136.83M in 2017Q3, according to the filing.

Since August 21, 2017, it had 0 insider buys, and 35 sales for $94.29 million activity. $705,895 worth of Netflix, Inc. (NASDAQ:NFLX) was sold by FRIEDLAND JONATHAN. Peters Gregory K sold 8,533 shares worth $1.92 million. WELLS DAVID B had sold 1,000 shares worth $187,940. On Monday, October 30 HYMAN DAVID A sold $12.61 million worth of Netflix, Inc. (NASDAQ:NFLX) or 63,378 shares. HOAG JAY C also sold $3.01 million worth of Netflix, Inc. (NASDAQ:NFLX) shares. $392,320 worth of Netflix, Inc. (NASDAQ:NFLX) was sold by BARTON RICHARD N.

Investors sentiment decreased to 1.12 in Q3 2017. Its down 0.10, from 1.22 in 2017Q2. It turned negative, 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. Bluefin Trading Lc owns 7,000 shares. Greenleaf Trust holds 0.01% or 2,249 shares in its portfolio. Green Square Capital Ltd Co reported 7,286 shares. 227,729 were accumulated by Schroder Inv Mngmt Group. Moreover, Lenox Wealth Mngmt has 0.02% invested in Netflix, Inc. (NASDAQ:NFLX) for 314 shares. Pax Ww Mgmt Ltd Limited Liability Company stated it has 3,601 shares or 0.04% of all its holdings. 1,200 were reported by Natixis. Murphy Mgmt Inc, a New Jersey-based fund reported 4,096 shares. Ameritas Inv stated it has 0.14% in Netflix, Inc. (NASDAQ:NFLX). Pittenger And Anderson has 10,915 shares. Susquehanna Intl Group Inc Ltd Liability Partnership invested 0.04% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). 195,975 are held by Castleark Ltd. Acg Wealth holds 26,478 shares or 0.84% of its portfolio. Ahl Partners Llp has 9,573 shares. Meritage Management holds 2,999 shares or 0.05% of its portfolio.