MarketAxess Holdings, Inc. (MKTX) Shares Bought by Ameritas Investment Partners Inc.
Ameritas Investment Partners Inc. grew its holdings in MarketAxess Holdings, Inc. (NASDAQ:MKTX) by 1.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,248 shares of the financial services provider’s stock after purchasing an additional 156 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in MarketAxess Holdings were worth $2,262,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of MKTX. BlackRock Inc. grew its position in shares of MarketAxess Holdings by 16,586.2% in the first quarter. BlackRock Inc. now owns 3,000,674 shares of the financial services provider’s stock valued at $562,595,000 after purchasing an additional 2,982,691 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of MarketAxess Holdings by 178.5% in the second quarter. Janus Henderson Group PLC now owns 807,088 shares of the financial services provider’s stock valued at $162,306,000 after purchasing an additional 517,309 shares during the last quarter. Eagle Asset Management Inc. acquired a new stake in shares of MarketAxess Holdings in the second quarter valued at about $32,252,000. Vanguard Group Inc. grew its position in shares of MarketAxess Holdings by 5.0% in the first quarter. Vanguard Group Inc. now owns 2,855,565 shares of the financial services provider’s stock valued at $535,390,000 after purchasing an additional 134,735 shares during the last quarter. Finally, Baillie Gifford & Co. grew its position in shares of MarketAxess Holdings by 5.1% in the second quarter. Baillie Gifford & Co. now owns 2,752,949 shares of the financial services provider’s stock valued at $553,618,000 after purchasing an additional 134,588 shares during the last quarter. 91.20% of the stock is currently owned by institutional investors.
MarketAxess Holdings, Inc. (MKTX) traded up 0.87% during midday trading on Friday, hitting $191.83. 27,459 shares of the company traded hands. MarketAxess Holdings, Inc. has a 12-month low of $145.10 and a 12-month high of $211.06. The company has a market capitalization of $7.20 billion, a price-to-earnings ratio of 50.46 and a beta of 0.71. The stock’s 50-day moving average price is $184.16 and its 200 day moving average price is $190.97.
MarketAxess Holdings (NASDAQ:MKTX) last announced its quarterly earnings results on Wednesday, July 26th. The financial services provider reported $1.00 EPS for the quarter, beating the Zacks’ consensus estimate of $0.92 by $0.08. MarketAxess Holdings had a net margin of 37.46% and a return on equity of 30.38%. The business had revenue of $97.31 million for the quarter, compared to analyst estimates of $96.42 million. During the same quarter in the prior year, the business earned $0.88 EPS. MarketAxess Holdings’s quarterly revenue was up .7% on a year-over-year basis. On average, equities analysts forecast that MarketAxess Holdings, Inc. will post $4.02 EPS for the current year.
Several equities research analysts have recently issued reports on the company. BidaskClub downgraded MarketAxess Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. Raymond James Financial, Inc. raised their price target on MarketAxess Holdings from $216.00 to $219.00 and gave the company an “outperform” rating in a research report on Thursday, July 27th. Zacks Investment Research downgraded MarketAxess Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Finally, Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $210.00 price target on shares of MarketAxess Holdings in a research report on Friday, July 14th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $192.40.
In related news, CEO Richard M. Mcvey sold 20,000 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer now owns 1,108,142 shares in the company, valued at approximately $220,110,245.46. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 4.02% of the stock is currently owned by corporate insiders.
MarketAxess Holdings Profile
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.
Want to see what other hedge funds are holding MKTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MarketAxess Holdings, Inc. (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 Analyst Ratings Network's FREE daily email newsletter.