The Public Sector Pension Investment Board significantly increased its stake in MarketAxess Holdings Inc. (NASDAQ:MKTX) by 1,789.3% in the third quarter, acquiring 138,029 additional shares to hold a total of 145,743 shares valued at approximately $25.4 million. Despite slightly missing recent earnings estimates, MarketAxess reported a 3.5% year-over-year revenue increase and raised its quarterly dividend. Analyst sentiment toward the stock is mixed, with a “Hold” consensus rating and an average price target of $200.40.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Public Sector Pension Investment Board Purchases 138,029 Shares of MarketAxess Holdings Inc. $MKTX
The Public Sector Pension Investment Board significantly increased its stake in MarketAxess Holdings Inc. (NASDAQ:MKTX) by 1,789.3% in the third quarter, acquiring 138,029 additional shares to hold a total of 145,743 shares valued at approximately $25.4 million. Despite slightly missing recent earnings estimates, MarketAxess reported a 3.5% year-over-year revenue increase and raised its quarterly dividend. Analyst sentiment toward the stock is mixed, with a “Hold” consensus rating and an average price target of $200.40.