Marketaxess Holdings (NASDAQ:MKTX) has recently seen a flurry of activities. Multiple institutions such as Lansforsakringar Fondforvaltning AB publ, Siemens Fonds Invest GmbH, and Squarepoint Ops LLC have increased their stock holdings in the company. The financial services provider has welcomed Dean Berry as Group COO and CEO of EMEA & APAC, and Spencer Lee as Head of Client Products, Americas. It has also pushed its boundaries by acquiring majority control of RFQ-hub Holdings LLC. However, multiple firms like Burgundy Asset Management and Millennium Management have reduced their stakes. Despite 46% loss delivered to investors in the past 5 years, the company has managed to grow its earnings. The company's Q1 2025 Earnings Call highlighted their strategy of navigating market challenges. There are speculations of lower earnings forecast by Zacks Research and concerns over missed EPS targets. However, it has seen record trading volume in U.S. Government Bonds and reported robust trading volume for Q1 2025. The stock was also added to Upslope Capital Management's portfolio, signifying profitability.
Marketaxess Holdings MKTX News Analytics from Thu, 31 Oct 2024 07:00:00 GMT to Sat, 31 May 2025 10:04:55 GMT -
Rating -1
- Innovation 2
- Information 8
- Rumor 2
