172,799 Shares in MarketAxess Holdings Inc. $MKTX Acquired by Freestone Grove Partners LP

Posted by George Bondi on Aug 28th, 2026

Freestone Grove Partners LP purchased a new stake in shares of MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 172,799 shares of the financial services provider’s stock, valued at approximately $19,611,000. Freestone Grove Partners LP owned about 0.49% of MarketAxess as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. MUFG Securities EMEA plc acquired a new position in MarketAxess during the 2nd quarter valued at about $25,000. Geneos Wealth Management Inc. grew its stake in shares of MarketAxess by 200.0% during the first quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 80 shares during the last quarter. Activest Wealth Management acquired a new position in shares of MarketAxess during the fourth quarter valued at about $28,000. Versant Capital Management Inc increased its holdings in shares of MarketAxess by 215.3% during the second quarter. Versant Capital Management Inc now owns 391 shares of the financial services provider’s stock valued at $44,000 after acquiring an additional 267 shares in the last quarter. Finally, State of Wyoming purchased a new position in shares of MarketAxess in the 2nd quarter valued at approximately $49,000. 99.01% of the stock is currently owned by institutional investors.

MarketAxess Stock Performance

NASDAQ:MKTX opened at $162.46 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.85 and a current ratio of 1.85. The stock has a market capitalization of $5.72 billion, a PE ratio of 19.16, a P/E/G ratio of 2.07 and a beta of 0.83. MarketAxess Holdings Inc. has a fifty-two week low of $108.75 and a fifty-two week high of $195.96. The company has a fifty day moving average of $135.29 and a two-hundred day moving average of $150.74.

MarketAxess (NASDAQ:MKTX – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.85 by $0.10. The firm had revenue of $218.41 million during the quarter, compared to the consensus estimate of $216.70 million. MarketAxess had a net margin of 35.22% and a return on equity of 22.48%. The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.00 EPS. As a group, research analysts forecast that MarketAxess Holdings Inc. will post 8.06 earnings per share for the current fiscal year.

MarketAxess Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be given a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Wednesday, August 19th. MarketAxess’s payout ratio is presently 36.79%.

Analyst Upgrades and Downgrades

MKTX has been the subject of a number of recent research reports. Wall Street Zen lowered shares of MarketAxess from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Bank of America upgraded shares of MarketAxess from an “underperform” rating to a “neutral” rating and set a $170.00 price objective on the stock in a research note on Friday, June 12th. Piper Sandler reduced their target price on shares of MarketAxess from $175.00 to $128.00 and set a “neutral” rating for the company in a report on Wednesday, July 15th. The Goldman Sachs Group decreased their target price on shares of MarketAxess from $168.00 to $130.00 and set a “neutral” rating for the company in a research report on Tuesday, June 30th. Finally, Rothschild & Co Redburn reaffirmed a “neutral” rating and issued a $134.00 price target (down from $189.00) on shares of MarketAxess in a report on Thursday, June 11th. One research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $156.10.

Check Out Our Latest Analysis on MarketAxess

MarketAxess Profile

(Free Report)

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.