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Taylor Hoffman Capital Management LLC Purchases New Position in MarketAxess Holdings Inc. $MKTX
Taylor Hoffman Capital Management LLC has opened a new position in MarketAxess Holdings Inc. (NASDAQ:MKTX), acquiring 19,287 shares valued at approximately $3.36 million. This comes as MarketAxess missed its quarterly earnings and revenue expectations, leading several analysts to trim price targets while maintaining a “Hold” rating. Despite the financial performance, MarketAxess recently increased its quarterly dividend to $0.78 per share.