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Robeco cut its MarketAxess holdings by nearly 29%, despite the company beating earnings estimates.
Robeco Institutional Asset Management B.V. recently reduced its holdings in MarketAxess Holdings Inc. (NASDAQ:MKTX) by 28.6%, selling 23,745 shares to own 59,315 shares, worth about $12.8 million.
MarketAxess, which operates an electronic trading platform for bonds, beat earnings estimates in its latest financial report.
The company has a market cap of $8.23 billion and trades within a 52-week range of $186.84 to $296.68.
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Robeco redujo sus participaciones de MarketAxess en casi un 29%, a pesar de que la compañía superó las estimaciones de ganancias.