MarketAxess Holdings Inc Chief Revenue Officer Sells Company Shares
Kevin Mcpherson, Chief Revenue Officer of MarketAxess Holdings Inc (NASDAQ:MKTX), sold 2,000 shares of the company on February 16, 2024, according to a recent SEC Filing. MarketAxess Holdings Inc is a leading global provider of electronic trading solutions for fixed-income securities and a provider of market data and post-trade services.
Over the past year, the insider has sold a total of 6,940 shares and has not made any purchases of the company's stock.
The insider transaction history for MarketAxess Holdings Inc indicates a pattern of more insider sales than buys over the past year, with 1 insider buy and 7 insider sells recorded.
On the date of the insider's recent sale, shares of MarketAxess Holdings Inc were trading at $221.26, giving the company a market capitalization of $8.304 billion.
The stock's price-earnings ratio stands at 31.98, above the industry median of 19.15 but below the company's historical median price-earnings ratio.
With the current share price of $221.26 and a GuruFocus Value of $376.99, MarketAxess Holdings Inc has a price-to-GF-Value ratio of 0.59, indicating that the stock is significantly undervalued according to GuruFocus's valuation model.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
