Elevate Capital Advisors bought nearly $1 million in MarketAxess, which beat earnings estimates despite revenue dip.

Elevate Capital Advisors LLC bought $971,000 worth of MarketAxess Holdings Inc. (NASDAQ:MKTX) shares. MarketAxess, an electronic trading platform for institutional investors, reported a quarterly EPS of $1.87, beating estimates. Despite a slight revenue dip, analysts maintain a "Hold" rating with a target price of $241.78. The company's market cap is $8.38 billion, with a PE ratio of 38.84 and a PEG ratio of 2.85.