In a report released today, Andrew Bond from Rosenblatt Securities maintained a Sell rating on Marketaxess Holdings (MKTX – Research Report), with a price target of $231.00. The company’s shares opened today at $250.83.
According to TipRanks, Bond is an analyst with an average return of -7.1% and a 25.00% success rate. Bond covers the Financial sector, focusing on stocks such as Marketaxess Holdings, Cboe Global Markets, and CME Group.
Currently, the analyst consensus on Marketaxess Holdings is a Hold with an average price target of $286.13.
MKTX market cap is currently $9.41B and has a P/E ratio of 39.14.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MKTX in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
MarketAxess Holdings, Inc. operates as an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. It also provides data and analytical tools that help its clients to make trading decisions and facilitate the trading process by electronically communicating order information between trading counterparties. The firm’s patented trading technology allows institutional investor clients to request competitive, executable bids, or offers from multiple broker dealers simultaneously and to execute trades with the broker dealer of their choice. The company was founded by Richard M. Mcvey on April 11, 2000 and is headquartered in New York, NY.
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