Principal Financial Group Inc. and
ING Groep NV have significantly raised their positions in
MarketAxess Holdings Inc. MarketAxess's stock has largely
outperformed competitors continually, including sector performance. However, days showing underperformance have been noted. Q2 and Q1 2024 Earnings Reports show a slight
revenue miss, while EPS was mostly in line with estimates, indicating a
strong financial performance. A prediction of a dip in Q2 2024 EPS by
Zacks Research also added uncertainty. A dividend payout of
$0.74 is due to shareholders soon. An increase of shares held by
Ieq Capital LLC and
Mitsubishi UFJ Asset Management Co. Ltd, reflects growing confidence. Nonetheless,
Jump Financial LLC took a different approach, by reducing its stake. Announced Q1 2024 results were marked with record information services. Revenue growth and cost control managed to
beat estimates aided by commission revenue and lower expenses. However, the last three years have seen a significant decline by 52% for investors holding its shares.
Marketaxess Holdings MKTX News Analytics from Wed, 16 Aug 2023 07:00:00 GMT to Thu, 23 May 2024 18:30:47 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor -3
