MarketAxess Holdings, Inc. (NASDAQ:MKTX) CEO Richard M. Mcvey sold 20,000 shares of the stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $198.63, for a total value of $3,972,600.00. Following the sale, the chief executive officer now directly owns 1,108,142 shares of the company’s stock, valued at $220,110,245.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

MarketAxess Holdings, Inc. (NASDAQ:MKTX) traded down 1.83% during mid-day trading on Thursday, reaching $195.41. The company’s stock had a trading volume of 144,704 shares. MarketAxess Holdings, Inc. has a 12-month low of $145.10 and a 12-month high of $211.06. The company has a 50-day moving average price of $199.36 and a 200-day moving average price of $191.75. The firm has a market cap of $7.34 billion, a PE ratio of 51.40 and a beta of 0.69.

MarketAxess Holdings (NASDAQ:MKTX) last posted its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $1.00 EPS for the quarter, topping the consensus estimate of $0.92 by $0.08. The firm had revenue of $97.31 million during the quarter, compared to analyst estimates of $96.42 million. MarketAxess Holdings had a return on equity of 30.38% and a net margin of 37.46%. MarketAxess Holdings’s revenue was up .7% on a year-over-year basis. During the same period in the prior year, the business posted $0.88 EPS. On average, equities research analysts expect that MarketAxess Holdings, Inc. will post $4.12 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 24th. Shareholders of record on Thursday, August 10th will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend is Tuesday, August 8th. MarketAxess Holdings’s dividend payout ratio (DPR) is presently 34.65%.

TRADEMARK VIOLATION NOTICE: This report was posted by Daily Political and is owned by of Daily Political. If you are reading this report on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The original version of this report can be viewed at

A number of analysts have issued reports on the company. Raymond James Financial, Inc. raised their target price on MarketAxess Holdings from $216.00 to $219.00 and gave the stock an “outperform” rating in a research report on Thursday, July 27th. BidaskClub raised MarketAxess Holdings from a “hold” rating to a “buy” rating in a research report on Monday, July 31st. Zacks Investment Research downgraded MarketAxess Holdings from a “hold” rating to a “sell” rating in a research report on Monday, July 10th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $210.00 target price on shares of MarketAxess Holdings in a research report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. MarketAxess Holdings currently has an average rating of “Buy” and an average price target of $197.17.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cutler Group LP acquired a new position in shares of MarketAxess Holdings during the second quarter worth approximately $110,000. First Personal Financial Services increased its stake in shares of MarketAxess Holdings by 2.6% in the second quarter. First Personal Financial Services now owns 631 shares of the financial services provider’s stock valued at $127,000 after buying an additional 16 shares during the last quarter. Traynor Capital Management Inc. purchased a new stake in shares of MarketAxess Holdings during the second quarter valued at about $203,000. Puzo Michael J purchased a new stake in shares of MarketAxess Holdings during the first quarter valued at about $212,000. Finally, Gardiner Nancy B purchased a new stake in shares of MarketAxess Holdings during the first quarter valued at about $224,000. 90.05% of the stock is owned by institutional investors and hedge funds.

About MarketAxess Holdings

MarketAxess Holdings Inc operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments using its trading technology. Institutional investor and broker-dealer firms are users of trading platform, accessing global liquidity in the United States corporate bonds, emerging markets and high-yield bonds, European bonds, the United States agency bonds, municipal bonds, credit default swaps and other fixed-income securities.

Insider Buying and Selling by Quarter for MarketAxess Holdings (NASDAQ:MKTX)

Receive News & Ratings for MarketAxess Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MarketAxess Holdings Inc. and related companies with's FREE daily email newsletter.