Shares of MarketAxess Holdings (NASDAQ:MKTX) Sees Large Inflow of Net Money Flow

MarketAxess Holdings (NASDAQ:MKTX) had a weak trading session and its shares were last down at $141.81, down -0.03% or -0.02 points. The trading data also revealed that the total net flow stood at $5.36 million as the shares had $11.83 million in upticks but lost $6.47 million in downticks. The up/down ratio was 1.83. 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 0.08% in the shares.The block trade data suggests an inflow of $7.54 million in upticks and an outflow of $1.86 million in downticks. The up/down ratio for the block stood at 4.06. The net money flow for this transaction was recorded at $5.68.


Currently the company Insiders own 4.51% of MarketAxess Holdings shares according to the proxy statements. Institutional Investors own 95.62% of MarketAxess Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -3.38%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Gomach David G, director of Marketaxess Holdings Inc, had unloaded 4,923 shares at an average price of $139.25 in a transaction dated on May 24, 2016. The total value of the transaction was worth $685,528.

MarketAxess Holdings (NASDAQ:MKTX) : On Monday heightened volatility was witnessed in MarketAxess Holdings (NASDAQ:MKTX) which led to swings in the share price. The stock opened for trading at $140.84 and hit $142.36 on the upside , eventually ending the session at $142.07, with a gain of 0.16% or 0.23 points. The heightened volatility saw the trading volume jump to 552,065 shares. The 52-week high of the share price is $143.641 and the company has a market cap of $5,337 million. The 52-week low of the share price is at $83.89 .

Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Keefe Bruyette & Woods, maintains their rating on the shares of MarketAxess Holdings (NASDAQ:MKTX). Keefe Bruyette & Woods has a Outperform rating on the shares. As per the latest research report, the brokerage house raises the price target to $135 per share from a prior target of $115. The rating by the firm was issued on April 8, 2016.

MarketAxess Holdings Inc. (MarketAxess) is an electronic trading platform. The Company operates as an electronic multi-party platform for the trading of fixed-income securities and provides related data analytics, compliance tools and post-trade services. The Company offers its broker-dealer clients a solution that allows them to reach institutional investor clients for the distribution and trading of bonds. The Companys trading platform provides access to global liquidity in United States high-grade corporate bonds, emerging markets and high-yield bonds, European bonds, United States agency bonds, credit derivatives and other fixed-income securities. The Companys multi-dealer trading platform allows its institutional investor clients to request bids or offers from multiple broker-dealers, and to execute trades with the broker-dealer of their choice. The Company offers various services, including Information Services, Post-Trade Services and Straight-Through Processing.

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