Marketaxess Holdings Stock Intrinsic Value – Advisor Group Holdings Decreases Stake in MarketAxess Holdings Inc

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MARKETAXESS ($NASDAQ:MKTX): Advisor Group Holdings Inc. recently announced that it has decreased its stake in MarketAxess Holdings Inc. This publicly traded financial technology company, based in the US, focuses on electronic trading of fixed-income securities. It is a leading operator of multi-dealer, electronic trading platforms, providing underlying liquidity and trade execution services to corporate bonds, U.S. municipal bonds, and other fixed-income securities. It also provides different trading services to meet the needs of its customers, such as liquidity aggregation, trade routing, algorithmic trading, and corporate bond analytics. The company’s stock has seen strong performance in recent years due to strong market demand, a growing customer base, and an expansion of its services into new markets.

Despite the recent decrease in its stake, Advisor Group Holdings Inc. still retains a substantial amount of MarketAxess stock. The financial technology company’s stock remains a major component of Advisor Group Holdings Inc.’s portfolio.

Stock Price

Reportedly, the stock opened at $271.7 and closed at $266.3 after the news broke, representing a 2.8% decrease in comparison to its prior closing price of $273.9. While it is not known what the exact stake is, it suggests that the stock may have been overvalued at its former valuation, or that market sentiment may have shifted for the negative. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Marketaxess Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Marketaxess Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Marketaxess Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Marketaxess Holdings are shown below. More…

Analysis – Marketaxess Holdings Stock Intrinsic Value

GoodWhale has thoroughly analyzed MARKETAXESS HOLDINGS‘s fundamentals and concluded that the intrinsic value of its share is around $418.6. This valuation was calculated by our proprietary Valuation Line. At present, the stock is trading at $266.3, indicating a 36.4% undervaluation. Our analysis suggests that now is a good opportunity to invest in MARKETAXESS HOLDINGS. More…

Peers

MarketAxess Holdings Inc is a leading financial markets technology company. It provides an electronic trading platform for fixed income securities, including corporate bonds, government and agency bonds, asset-backed securities, and credit default swaps. The company’s competitors include Tradeweb Markets Inc, Aryaman Capital Markets Ltd, and Matsui Securities Co Ltd.

– Tradeweb Markets Inc ($NASDAQ:TW)

Tradeweb Markets Inc is a financial markets platform company. It has a market cap of 10.91B and a ROE of 6.51%. The company offers electronic trading for a variety of fixed income products, including government bonds, corporate bonds, mortgage-backed securities, and credit default swaps. It also provides post-trade processing and analytics. The company was founded in 1996 and is headquartered in New York, New York.

– Aryaman Capital Markets Ltd ($BSE:538716)

With a market cap of 707.85M as of 2022, Aryaman Capital Markets Ltd is a company that is doing quite well. The company has a Return on Equity of 10.69%. The company deals in providing financial services and is based in India. The company is doing quite well in terms of its market cap and ROE.

– Matsui Securities Co Ltd ($TSE:8628)

Matsui Securities Co., Ltd. is a Japanese securities firm headquartered in Tokyo. It is a member of the Nikkei 225 stock index. The company was founded in 1931 and its current president is Takuya Matsui. The company offers a range of services including retail and institutional brokerage, investment banking, and research. It has offices in Tokyo, Osaka, Nagoya, and Fukuoka.

Summary

Investing analysis of MarketAxess Holdings Inc. (MARKETAXESS) reveals a potential opportunity for investors. The company recently saw a decrease in its holdings by Advisor Group Holdings Inc., meaning that the stock is now more accessible to individual investors. The company’s success is largely attributed to its innovative electronic trading platform, which facilitates trading of fixed-income securities among institutional investors. MARKETAXESS is well-positioned for continued growth as it continues to expand its offerings and innovate its technology.