Sone Capital Management LLC Purchases New Shares in MarketAxess Holdings Inc. $MKTX

Posted by Brenda Bartman on Aug 25th, 2026

Sone Capital Management LLC purchased a new position in shares of MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 155,522 shares of the financial services provider’s stock, valued at approximately $17,650,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in MarketAxess in the 2nd quarter valued at about $453,941,000. Primecap Management Co. CA lifted its position in shares of MarketAxess by 42.4% during the fourth quarter. Primecap Management Co. CA now owns 3,175,425 shares of the financial services provider’s stock worth $575,546,000 after purchasing an additional 944,830 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of MarketAxess by 169.0% during the fourth quarter. AQR Capital Management LLC now owns 2,558,097 shares of the financial services provider’s stock worth $463,655,000 after purchasing an additional 1,607,009 shares in the last quarter. North Reef Capital Management LP grew its stake in shares of MarketAxess by 16.5% during the first quarter. North Reef Capital Management LP now owns 1,875,000 shares of the financial services provider’s stock valued at $309,338,000 after purchasing an additional 265,670 shares during the last quarter. Finally, State Street Corp grew its stake in shares of MarketAxess by 4.6% during the second quarter. State Street Corp now owns 1,532,696 shares of the financial services provider’s stock valued at $342,312,000 after purchasing an additional 67,290 shares during the last quarter. Institutional investors own 99.01% of the company’s stock.

Analysts Set New Price Targets

MKTX has been the subject of a number of research reports. Piper Sandler lowered their price target 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. Wall Street Zen downgraded MarketAxess from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Barclays increased their price objective on MarketAxess from $132.00 to $167.00 and gave the company an “equal weight” rating in a research report on Monday, August 10th. The Goldman Sachs Group lowered their target price on MarketAxess from $168.00 to $130.00 and set a “neutral” rating for the company in a research note on Tuesday, June 30th. Finally, Rothschild & Co Redburn restated a “neutral” rating and set a $134.00 target price (down from $189.00) on shares of MarketAxess in a research report on Thursday, June 11th. One analyst has rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, MarketAxess presently has an average rating of “Hold” and a consensus price target of $156.10.

View Our Latest Stock Report on MKTX

MarketAxess Stock Up 0.2%

Shares of MarketAxess stock opened at $162.46 on Tuesday. The business has a fifty day simple moving average of $132.84 and a 200 day simple moving average of $150.74. The stock has a market cap of $5.72 billion, a PE ratio of 19.16, a price-to-earnings-growth ratio of 2.07 and a beta of 0.83. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.09. MarketAxess Holdings Inc. has a 12 month low of $108.75 and a 12 month high of $195.96.

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

MarketAxess Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Wednesday, August 19th. MarketAxess’s dividend payout ratio (DPR) is currently 36.79%.

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.