Shares of MarketAxess Holdings, Inc. (MKTX) Sees Large Inflow of Net Money Flow

MarketAxess Holdings, Inc. (MKTX) had a weak trading session and its shares were last down at $187.16, down -0.09% or -0.05 points. The trading data also revealed that the total net flow stood at $4.15 million as the shares had $8.84 million in upticks but lost $4.68 million in downticks. The up/down ratio was 1.89. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of 4.08% in the shares.The block trade data suggests an inflow of $2.06 million in upticks and an outflow of $0 million in downticks. The up/down ratio for the block stood at 0. The net money flow for this transaction was recorded at $2.06.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of MarketAxess Holdings Inc. rose by 6.9% in the last five trading days and 28.06% for the last 4 weeks. MarketAxess Holdings Inc. is up 25.01% in the last 3-month period. Year-to-Date the stock performance stands at 28.06%. MarketAxess Holdings, Inc. (NASDAQ:MKTX) rose 0.48% or 0.89 points on Wednesday and made its way into the gainers of the day. After trading began at $190.29 the stock was seen hitting $190.29 as a peak level and $186.495 as the lowest level. The stock ended up at $188.14. The daily volume was measured at 357,690 shares. The 52-week high of the share price is $190.29 and the 52-week low is $102.32. The company has a market cap of $7,058 million.

Company has reported several Insider transactions to the SEC, on Aug 23, 2016, Nicholas Themelis (Chief Information Officer) sold 6,200 shares at 165.43 per share price.On Aug 22, 2016, Antonio L Delise (Chief Financial Officer) sold 10,000 shares at 166.79 per share price.On Aug 9, 2016, Richard M Mcvey (Chairman & CEO) sold 30,000 shares at 162.56 per share price.

MarketAxess Holdings Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.88 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.84. The company had revenue of $94.44 million for the quarter, compared to analysts expectations of $93.74 million. The companys revenue was up 23.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.MarketAxess Holdings was Upgraded by Macquarie to Neutral on Jan 31, 2017. MarketAxess Holdings was Upgraded by Credit Suisse to Neutral on Jan 25, 2017. MarketAxess Holdings was Upgraded by Raymond James to Outperform on Jan 3, 2017. MarketAxess Holdings was Resumed by Credit Suisse to Underperform on Nov 21, 2016.

MarketAxess Holdings Inc. operates one of the leading platforms for the electronic trading of corporate bonds and certain other types of fixed-income securities, serving as an electronic platform through which active institutional investor clients can access the liquidity provided by our broker-dealer clients. MarketAxess multi-dealer trading platform allows our institutional investor clients to simultaneously request competitive, executable bids or offers from multiple broker-dealers, and to execute trades with the broker-dealer of their choice. MarketAxess offers our clients the ability to trade U.S. high-grade corporate bonds, European high-grade corporate bonds, credit default swaps, agencies, high-yield and emerging markets bonds. MarketAxess also provides data and analytical tools that help our clients make trading decisions, and we facilitate the trading process by electronically communicating order information between trading counterparties.


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