Media headlines about MarketAxess (NASDAQ:MKTX) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MarketAxess earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 47.2801877586768 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- MarketAxess Holdings Inc. (MKTX) Insider Sells $1,177,794.00 in Stock (americanbankingnews.com)
- Zacks: Brokerages Expect MarketAxess Holdings Inc. (MKTX) to Announce $1.25 Earnings Per Share (americanbankingnews.com)
- BidaskClub Upgrades MarketAxess (MKTX) to “Buy” (americanbankingnews.com)
- MarketAxess and BlackRock extend trading alliance into Asia (finextra.com)
- New Strong Sell Stocks for March 8th (zacks.com)
MarketAxess (NASDAQ MKTX) traded up $0.82 during trading on Tuesday, reaching $223.97. The company’s stock had a trading volume of 472,378 shares, compared to its average volume of 276,432. The firm has a market capitalization of $8,236.29, a price-to-earnings ratio of 57.58 and a beta of 0.57. MarketAxess has a 12 month low of $171.45 and a 12 month high of $227.06.
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were issued a $0.42 dividend. This is a positive change from MarketAxess’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $1.68 annualized dividend and a yield of 0.75%. MarketAxess’s dividend payout ratio is 43.19%.
Several research analysts have issued reports on the company. Raymond James Financial reiterated a “market perform” rating on shares of MarketAxess in a research report on Monday, January 22nd. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $215.00 price objective on shares of MarketAxess in a research report on Friday, December 22nd. Zacks Investment Research upgraded MarketAxess from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. BidaskClub cut MarketAxess from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Finally, Goldman Sachs Group cut MarketAxess from a “buy” rating to a “neutral” rating and set a $210.00 price objective for the company. in a research report on Monday, January 8th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $214.40.
In other MarketAxess news, CEO Richard M. Mcvey sold 35,000 shares of the company’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $190.61, for a total value of $6,671,350.00. Following the sale, the chief executive officer now owns 1,115,767 shares of the company’s stock, valued at $212,676,347.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Nicholas Themelis sold 5,400 shares of the company’s stock in a transaction on Friday, March 9th. The shares were sold at an average price of $218.11, for a total value of $1,177,794.00. Following the completion of the sale, the insider now directly owns 57,927 shares in the company, valued at approximately $12,634,457.97. The disclosure for this sale can be found here. Insiders sold 52,625 shares of company stock worth $10,290,970 in the last three months. 4.02% of the stock is owned by corporate insiders.
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MarketAxess Company 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.
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