In a filing, MarketAxess Holdings Inc revealed its General Counsel and Secretary Pintoff Scott unloaded Company’s shares for reported $72171.0 on Dec 09 ’24. In the deal valued at $240.57 per share,300 shares were sold. As a result of this transaction, Pintoff Scott now holds 8,302 shares worth roughly $1.85 million.
Then, Pintoff Scott bought 300 shares, generating $72,171 in total proceeds.
Before that, McVey Richard M sold 20,000 shares. MarketAxess Holdings Inc shares valued at $5,435,009 were divested by the Executive Chairman at a price of $271.75 per share. As a result of the transaction, McVey Richard M now holds 592,029 shares, worth roughly $131.68 million.
Morgan Stanley upgraded its MarketAxess Holdings Inc [MKTX] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in early April with a ‘”an Underperform”‘ rating. Barclays revised its rating on January 08, 2024. It rated MKTX as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of MKTX
On Monday, MarketAxess Holdings Inc [NASDAQ:MKTX] saw its stock jump 0.28% to $222.42. Over the last five days, the stock has gained 6.97%. MarketAxess Holdings Inc shares have fallen nearly -1.60% since the year began. Nevertheless, the stocks have risen 2.13% over the past one year. While a 52-week high of $296.68 was reached on 04/04/25, a 52-week low of $186.84 was recorded on 02/21/25. SMA at 50 days reached $206.10, while 200 days put it at $234.89.
Levels Of Support And Resistance For MKTX Stock
The 24-hour chart illustrates a support level at 220.00, which if violated will result in even more drops to 217.59. On the upside, there is a resistance level at 224.28. A further resistance level may holdings at 226.15. The Relative Strength Index (RSI) on the 14-day chart is 61.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.27, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.70%. Stochastics %K at 67.48% indicates the stock is a holding.
How much short interest is there in MarketAxess Holdings Inc?
A steep rise in short interest was recorded in MarketAxess Holdings Inc stocks on 2025-03-31, dropping by -0.34 million shares to a total of 1.21 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.56 million shares. There was a decline of -28.3%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 06, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $285 price target.
