MarketAxess (MKTX) reported second-quarter 2026 revenue of $218.4 million, relatively flat from a year earlier, and net income of $68.3 million, down from $71.2 million. Diluted EPS was $1.93, compared with $1.91 in the prior-year quarter.
The company said services revenue reached a record $31.5 million, up 14%, while revenue outside U.S. credit rose 9%. MarketAxess also said it entered into a definitive merger agreement to be acquired by Intercontinental Exchange and suspended its earnings call, guidance and monthly volume releases. More information is available on its investor relations website.
- Total commission revenue declined 3% to $186.9 million.
- Total expenses rose 1% to $128.5 million.
- Operating margin was 41.1%, down 80 basis points.
- Block trading ADV rose 11% to $5.9 billion.
- Portfolio trading ADV rose 33% to a record $2.0 billion.
- The board declared a quarterly cash dividend of $0.78 per share, payable Sept. 2, 2026.
$MKTX Insider Trading Activity
$MKTX insiders have traded $MKTX stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $MKTX stock by insiders over the last 6 months:
- SCOTT PINTOFF (General Counsel and Secretary) has made 0 purchases and 4 sales selling 400 shares for an estimated $64,392.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MKTX Hedge Fund Activity
We have seen 196 institutional investors add shares of $MKTX stock to their portfolio, and 237 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC added 785,523 shares (+260.4%) to their portfolio in Q1 2026, for an estimated $129,595,584
- CITADEL ADVISORS LLC removed 543,049 shares (-86.9%) from their portfolio in Q1 2026, for an estimated $89,592,224
- GUARDCAP ASSET MANAGEMENT LTD removed 510,208 shares (-44.2%) from their portfolio in Q1 2026, for an estimated $84,174,115
- FMR LLC removed 485,204 shares (-24.2%) from their portfolio in Q1 2026, for an estimated $80,048,955
- NEUBERGER BERMAN GROUP LLC added 416,390 shares (+75.8%) to their portfolio in Q1 2026, for an estimated $68,696,022
- GOLDMAN SACHS GROUP INC added 336,445 shares (+194.9%) to their portfolio in Q1 2026, for an estimated $55,506,696
- BLACKROCK, INC. added 328,682 shares (+8.8%) to their portfolio in Q1 2026, for an estimated $54,225,956
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$MKTX Congressional Stock Trading
Members of Congress have traded $MKTX stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $MKTX stock by members of Congress over the last 6 months:
- REPRESENTATIVE JOSH GOTTHEIMER sold up to $15,000 on 04/09.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
