GSA Capital Partners LLP Takes Position in MarketAxess Holdings Inc. $MKTX

GSA Capital Partners LLP acquired a new stake in MarketAxess Holdings Inc. (NASDAQ:MKTX) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,137 shares of the financial services provider’s stock, valued at approximately $931,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jefferies Financial Group Inc. grew its position in shares of MarketAxess by 444.2% in the third quarter. Jefferies Financial Group Inc. now owns 38,093 shares of the financial services provider’s stock valued at $6,638,000 after purchasing an additional 31,093 shares during the period. ING Groep NV grew its position in MarketAxess by 655.2% during the third quarter. ING Groep NV now owns 13,700 shares of the financial services provider’s stock valued at $2,387,000 after acquiring an additional 11,886 shares during the period. Taylor Hoffman Capital Management LLC purchased a new stake in MarketAxess during the third quarter valued at about $3,361,000. Primecap Management Co. CA grew its position in MarketAxess by 66.6% during the third quarter. Primecap Management Co. CA now owns 2,230,595 shares of the financial services provider’s stock valued at $388,681,000 after acquiring an additional 891,303 shares during the period. Finally, Exchange Traded Concepts LLC grew its position in MarketAxess by 163.1% during the fourth quarter. Exchange Traded Concepts LLC now owns 12,579 shares of the financial services provider’s stock valued at $2,280,000 after acquiring an additional 7,798 shares during the period. Hedge funds and other institutional investors own 99.01% of the company’s stock.

Key MarketAxess News

Here are the key news stories impacting MarketAxess this week:

• Negative Sentiment: Zacks Research lowered MarketAxess’ FY2026 EPS estimate to $8.01 from $8.03, signaling slightly weaker full-year profit expectations. A Look At MarketAxess (MKTX) Valuation After Strong First Quarter 2026 Results And AI-Driven Growth
• Negative Sentiment: The analyst cut FY2027 EPS to $8.70 from $8.79 and FY2028 EPS to $9.49 from $9.58, reinforcing a slightly more cautious longer-term outlook for MKTX.
• Negative Sentiment: Several quarterly estimates were also lowered, including Q2 2026 to $1.92, Q3 2026 to $1.98, and Q4 2026 to $1.86, which may weigh on sentiment around near-term trading activity and revenue growth.
• Neutral Sentiment: Despite the cuts, Zacks still projects earnings above the current-year consensus of $8.08 per share for multiple future periods, which may limit downside if MarketAxess continues to execute well.
• Positive Sentiment: MarketAxess recently reported strong first-quarter 2026 results, including EPS and revenue that beat expectations, which continues to support the longer-term investment case. A Look At MarketAxess (MKTX) Valuation After Strong First Quarter 2026 Results And AI-Driven Growth

Analyst Upgrades and Downgrades

A number of research firms have issued reports on MKTX. Barclays lowered their price target on MarketAxess from $189.00 to $170.00 and set an “equal weight” rating for the company in a research report on Monday, May 11th. Argus downgraded MarketAxess from a “buy” rating to a “hold” rating in a research report on Tuesday, March 17th. Wall Street Zen raised MarketAxess from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Weiss Ratings downgraded MarketAxess from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, May 6th. Finally, UBS Group lowered their price target on MarketAxess from $225.00 to $215.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $190.88.

MarketAxess Trading Up 0.6%

Shares of MKTX opened at $137.13 on Friday. The stock’s 50-day moving average is $162.07 and its two-hundred day moving average is $169.89. The stock has a market cap of $4.87 billion, a PE ratio of 16.21, a P/E/G ratio of 2.62 and a beta of 0.92. MarketAxess Holdings Inc. has a 12 month low of $135.00 and a 12 month high of $228.16. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.17 and a quick ratio of 2.17.

MarketAxess (NASDAQ:MKTX) last issued its quarterly earnings data on Thursday, May 7th. The financial services provider reported $2.25 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.10. The company had revenue of $233.38 million for the quarter, compared to analysts’ expectations of $231.91 million. MarketAxess had a return on equity of 22.28% and a net margin of 35.53%.The firm’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.87 earnings per share. Equities analysts forecast that MarketAxess Holdings Inc. will post 8.04 earnings per share for the current fiscal year.

MarketAxess Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th will be paid a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Wednesday, May 20th. MarketAxess’s payout ratio is currently 36.88%.

MarketAxess Profile

MarketAxess Holdings Inc operates a leading global electronic trading platform specializing in fixed-income securities and related products. The company’s network enables institutional investors and broker-dealers to trade corporate bonds, municipal securities, emerging markets debt, U.S. Treasuries and credit default swaps in an automated, multi-dealer environment. MarketAxess also offers portfolio trading, data analytics, best-execution tools and post-trade services to streamline workflows and enhance price discovery across its marketplace.

In addition to core voice-like trading protocols, MarketAxess provides Open Trading®, an anonymous, all-to-all trading protocol designed to improve liquidity and transaction efficiency.