MarketAxess Holdings Inc. (MKTX)

In the past six months, MarketAxess Holdings, Inc. stock price has experienced some fluctuations. As of late June 2025, the stock was down 3.93% over the last six months but had risen 4.6% over the past three months. From June 10, 2024, to June 6, 2025, the share price increased by 12.76%. The company's Q1 2025 financial results showed diluted earnings per share (EPS) of $1.87, surpassing estimates, but total revenues declined by 0.8% year-over-year. Insider trading activity in the past six months has primarily involved sales.

MarketAxess experiences a seasonal slowdown in December, leading to a decrease in total trading average daily volume (ADV) compared to November. In Q4 2024, international products, municipal bonds and total rates ADV showed strong growth, while U.S. high-grade and high-yield ADV decreased. In May 2025, the platform showed strong performance through moderated volatility, with strong increases in block trading ADV across U.S. credit, emerging markets, and Eurobonds.

MarketAxess Holdings, Inc. is a financial technology company operating an electronic trading platform for fixed-income securities, connecting institutional investors and broker-dealers globally. The company operates within the Financial Services sector, specifically in the Capital Markets and Investment Services industries. Its major products and services include an electronic trading platform, Open Trading, automated and algorithmic trading solutions, integrated and actionable data offerings, the RFQ-hub Platform, and pre- and post-trade services.

MarketAxess has a significant global presence with operations in the United States, the United Kingdom, and internationally. The company's platforms connect clients in over 80 countries, with over 950 active client firms outside the U.S. accessing their platforms through regulated venues in Europe, Asia, and Latin America. MarketAxess has expanded into China's bond market and offers local currency bond trading across Latin America, Central & Eastern Europe, the Middle East and Africa, and Asia-Pacific regions.

MarketAxess maintains a positive brand reputation as a leading electronic fixed-income trading platform. The company launched electronic trading for Indian Government Bonds, collaborated with ICE Bonds to enhance liquidity, acquired majority control of RFQ-hub Holdings LLC, and appointed Dean Berry as Group COO and CEO of EMEA & APAC and Spencer Lee as Head of Client Products, Americas. Analyst sentiment is a "Hold" consensus rating, with a mixed outlook. The company's ESG Risk Rating is "Low."

MarketAxess Holdings Inc. has high institutional ownership, with 99.01% of its stock held by institutions. As of March 31, 2025, there were 1,124 institutional owners and shareholders holding a total of 44,787,242 shares. Major institutional owners include Vanguard Group Inc. and BlackRock, Inc. Individual insider ownership is relatively low, with only 2.66% of the stock held by insiders, and recent insider transactions have predominantly been sales.