MarketAxess Holdings Inc. (NASDAQ:MKTX) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $168.97 and last traded at $167.51, with a volume of 84,540 shares changing hands. The stock had previously closed at $166.16.

A number of equities research analysts have issued reports on the stock. Credit Suisse Group AG reissued a “sell” rating and set a $106.00 target price on shares of MarketAxess Holdings in a research note on Friday, July 29th. Keefe, Bruyette & Woods lifted their target price on shares of MarketAxess Holdings from $165.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, July 29th. Zacks Investment Research raised shares of MarketAxess Holdings from a “hold” rating to a “strong-buy” rating and set a $172.00 target price for the company in a research note on Tuesday, July 19th. Raymond James Financial Inc. lowered shares of MarketAxess Holdings from an “outperform” rating to a “market perform” rating in a research note on Friday, July 15th. Finally, Citigroup Inc. lowered shares of MarketAxess Holdings to a “market perform” rating in a research note on Friday, July 15th. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, three have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. MarketAxess Holdings has an average rating of “Hold” and a consensus price target of $136.25.

The firm has a 50-day moving average price of $158.92 and a 200-day moving average price of $136.40. The stock has a market capitalization of $6.35 billion and a PE ratio of 58.2306.

MarketAxess Holdings (NASDAQ:MKTX) last issued its earnings results on Thursday, July 28th. The company reported $0.88 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.03. The firm earned $96.60 million during the quarter, compared to the consensus estimate of $93.98 million. During the same period in the previous year, the company posted $0.64 EPS. The firm’s revenue for the quarter was up 27.9% on a year-over-year basis. On average, equities research analysts expect that MarketAxess Holdings Inc. will post $3.23 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, August 25th. Shareholders of record on Thursday, August 11th were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.63%. The ex-dividend date of this dividend was Tuesday, August 9th.

In other MarketAxess Holdings news, insider Nicholas Themelis sold 6,200 shares of the company’s stock in a transaction that occurred on Tuesday, August 23rd. The shares were sold at an average price of $165.40, for a total value of $1,025,480.00. Following the completion of the sale, the insider now owns 70,799 shares of the company’s stock, valued at $11,710,154.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Richard M. Mcvey sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, August 8th. The shares were sold at an average price of $162.33, for a total transaction of $4,869,900.00. Following the completion of the sale, the chief executive officer now directly owns 1,091,457 shares of the company’s stock, valued at approximately $177,176,214.81. The disclosure for this sale can be found here.

An institutional investor recently bought a new position in MarketAxess Holdings stock. Employees Retirement System of Texas bought a new stake in shares of MarketAxess Holdings Inc. (NASDAQ:MKTX) during the fourth quarter, according to its most recent filing with the SEC. The institutional investor bought 12,000 shares of the company’s stock, valued at approximately $1,339,000.

MarketAxess Holdings Inc (MarketAxess) is an electronic trading platform. The Company operates as an electronic multi-party platform for the trading of fixed-income securities and provides related data, analytics, compliance tools and post-trade services. The Company’s multi-dealer trading platform allows its institutional investor clients to request bids or offers from its broker-dealer clients and execute trades with the broker-dealer of their choice from among those that choose to respond.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.