MKTX — MarketAxess Holdings Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About MarketAxess Holdings Inc

MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer firms in the United States, the United Kingdom, and internationally. The company offers trading technology to access liquidity on its platforms in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$131.23
Market Cap$4.84B
Float30.3M
Shares Outstanding35.5M
P/E (Forward)16.75
P/E (TTM)16.14
Price/Sales (TTM)5.56
vs. Analyst Target+41.8% to analyst PT
Profit Margin35.53%
Operating Margin (TTM)43.88%
Revenue (TTM)$871M
Earnings Growth (YoY)450.00%
Dividend Rate3.1%
Analyst Target Price$186.09 (15 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $689M $299M $555M $418M
2021 $701M $258M $529M $395M
2022 $719M $250M $519M $406M
2023 $751M $258M $524M $411M
2024 $818M $274M $574M $443M
2025 $849M $247M $593M $453M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $224M $71.1M
Sep 2025 $211M $68.2M
Dec 2025 $207M $92.2M
Mar 2026 $233M $77.9M

Ownership & Float

Insider Ownership0.9%
Institutional Ownership112.2%
Short Float7.7%
% of All Funds Holding4.98%
Number of Funds Holding409

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$154.69Near-term / short-term trend
Weekly40-Week SMA$170.16Medium-term trend
Weekly80-Week SMA$193.77Cyclical trend (business cycle)
Weekly200-Week SMA$233.53Secular trend (multi-year)
Monthly10-Month SMA$167.79Near-term monthly trend
Monthly20-Month SMA$197.43Medium-term monthly trend
Monthly40-Month SMA$224.60Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$207.00 resistance 1.25x 8 months ago
$259.00 resistance 1.15x 16 months ago

Historical Earnings Reactions (86 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.21% 0.16% 55.81% 6.85% -2.04%
1 Day 0.64% 0.67% 62.79% 9.16% -6.43%
1 Week 0.93% 0.20% 51.16% 18.45% -9.98%
2 Weeks 0.87% -0.10% 48.84% 24.62% -13.07%
1 Month 2.95% 4.26% 63.53% 29.30% -14.82%

Next earnings: August 6, 2026 (70 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-1.7%36.4%22
Feb1.8%68.2%22
Mar2.1%63.6%22
Apr0.2%45.5%22
May0.1%42.9%21
Jun-0.2%57.1%21
Jul4.4%76.2%21
Aug1.0%57.1%21
Sep-1.6%38.1%21
Oct2.5%61.9%21
Nov4.0%71.4%21
Dec3.4%59.1%22

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.02% 51.3% 1015
Tuesday -0.02% 48.1% 1113
Wednesday -0.02% 50.5% 1113
Thursday 0.24% 51.1% 1091
Friday 0.20% 51.1% 1087

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 112.2%

Insider Transactions — Smart Summary

Total insider ownership: 0.9%

12-Month Insider Activity Summary

Total Filings9
Net Value-$828,635.08
Net Shares Change-5,694
% of Float-0.0%
C-Suite Filings8
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
McPherson Kevin M Chief Revenue Officer -$726,408.08 2 2 sell
Casper Stephen P -$298,544 1 1 sell
Pintoff Scott General Counsel and Secretary -$102,227 6 N/A

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-09-15 McPherson Kevin M Chief Revenue Officer -$276,868.08 Transaction at $185.32, now -29.2%
2025-06-11 McPherson Kevin M Chief Revenue Officer -$449,540 Transaction at $224.77, now -41.6%
2025-09-09 Casper Stephen P -$298,544 Transaction at $186.59, now -29.7%
2026-05-11 Pintoff Scott General Counsel and Secretary -$14,699 Transaction at $146.99, now -10.7%
2026-04-10 Pintoff Scott General Counsel and Secretary -$17,196 Transaction at $171.96, now -23.7%
2026-03-10 Pintoff Scott General Counsel and Secretary -$18,493 Transaction at $184.93, now -29.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for MarketAxess Holdings Inc (MKTX) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for MKTX on Trend Edge →