Representative Julie Johnson (D-Texas) recently sold shares of MarketAxess Holdings Inc. NASDAQ: MKTX. In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in MarketAxess stock on February 12th. The trade occurred in the Representative's "MERRILL LYNCH TAX EFFICIENT CORE" account.
Representative Julie Johnson also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Norfolk Southern NYSE: NSC on 2/25/2025.
- Purchased $1,001 - $15,000 in shares of Union Pacific NYSE: UNP on 2/25/2025.
- Purchased $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 2/24/2025.
- Sold $1,001 - $15,000 in shares of BlackRock NYSE: BLK on 2/24/2025.
- Sold $1,001 - $15,000 in shares of The PNC Financial Services Group NYSE: PNC on 2/24/2025.
- Purchased $1,001 - $15,000 in shares of Progressive NYSE: PGR on 2/24/2025.
- Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 2/24/2025.
- Purchased $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 2/24/2025.
- Purchased $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 2/14/2025.
- Purchased $1,001 - $15,000 in shares of Progressive NYSE: PGR on 2/14/2025.
MarketAxess Trading Up 0.2 %
NASDAQ:MKTX traded up $0.37 during trading hours on Friday, hitting $212.38. 518,285 shares of the stock traded hands, compared to its average volume of 698,885. The firm has a 50 day moving average price of $208.41 and a 200 day moving average price of $241.43. The firm has a market cap of $8.01 billion, a price-to-earnings ratio of 29.21, a PEG ratio of 3.89 and a beta of 1.05. MarketAxess Holdings Inc. has a fifty-two week low of $186.84 and a fifty-two week high of $296.68.
MarketAxess (NASDAQ:MKTX - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The financial services provider reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.03. MarketAxess had a return on equity of 20.23% and a net margin of 33.56%. Research analysts predict that MarketAxess Holdings Inc. will post 7.79 EPS for the current year.
MarketAxess Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, February 19th were paid a $0.76 dividend. This is a positive change from MarketAxess's previous quarterly dividend of $0.74. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $3.04 dividend on an annualized basis and a yield of 1.43%. MarketAxess's dividend payout ratio (DPR) is currently 41.82%.
Wall Street Analyst Weigh In
Several brokerages recently commented on MKTX. Piper Sandler lowered their price target on MarketAxess from $265.00 to $240.00 and set a "neutral" rating for the company in a research note on Tuesday, January 7th. UBS Group dropped their price target on shares of MarketAxess from $330.00 to $305.00 and set a "buy" rating on the stock in a research note on Friday, February 7th. Keefe, Bruyette & Woods reduced their price objective on shares of MarketAxess from $251.00 to $225.00 and set a "market perform" rating for the company in a research note on Friday, February 7th. The Goldman Sachs Group cut their target price on MarketAxess from $235.00 to $210.00 and set a "neutral" rating on the stock in a report on Monday, February 10th. Finally, Barclays lowered their price objective on MarketAxess from $256.00 to $225.00 and set an "equal weight" rating on the stock in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $254.78.
Read Our Latest Research Report on MKTX
Institutional Trading of MarketAxess
Hedge funds and other institutional investors have recently modified their holdings of the stock. Accent Capital Management LLC acquired a new position in MarketAxess during the 3rd quarter worth $25,000. Global X Japan Co. Ltd. raised its position in shares of MarketAxess by 179.5% during the fourth quarter. Global X Japan Co. Ltd. now owns 109 shares of the financial services provider's stock worth $25,000 after acquiring an additional 70 shares during the last quarter. Allianz SE acquired a new position in shares of MarketAxess during the fourth quarter valued at $27,000. Smartleaf Asset Management LLC boosted its holdings in MarketAxess by 495.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 125 shares of the financial services provider's stock valued at $28,000 after acquiring an additional 104 shares during the last quarter. Finally, SRS Capital Advisors Inc. raised its holdings in MarketAxess by 13,900.0% during the 4th quarter. SRS Capital Advisors Inc. now owns 140 shares of the financial services provider's stock worth $32,000 after purchasing an additional 139 shares during the last quarter. Institutional investors and hedge funds own 99.01% of the company's stock.
About Representative Johnson
Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024.
Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.
About MarketAxess
(
Get Free Report)
MarketAxess Holdings Inc, together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S.
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