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As Zendesk (ZEN) Market Valuation Rose, Shareholder Dorsal Capital Management Has Cut Stake by $2.48 Million; As Marketaxess Holdings (MKTX) Stock Value Rose, Metropolitan Life Insurance Company Trimmed Position by $4.94 Million

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Ryan Frick decreased its stake in Zendesk Inc (ZEN) by 3.19% based on its latest 2017Q4 regulatory filing with the SEC. Dorsal Capital Management Llc sold 75,000 shares as the company’s stock rose 41.13% while stock markets declined. The hedge fund run by Ryan Frick held 2.28 million shares of the technology company at the end of 2017Q4, valued at $76.99 million, down from 2.35 million at the end of the previous reported quarter. Dorsal Capital Management Llc who had been investing in Zendesk Inc for a number of months, seems to be less bullish one the $5.09 billion market cap company. The stock increased 0.78% or $0.38 during the last trading session, reaching $48.84. About 199,704 shares traded. Zendesk, Inc. (NYSE:ZEN) has risen 74.58% since April 23, 2017 and is uptrending. It has outperformed by 63.03% the S&P500.

Metropolitan Life Insurance Company decreased its stake in Marketaxess Holdings Inc (MKTX) by 66.43% based on its latest 2017Q4 regulatory filing with the SEC. Metropolitan Life Insurance Company sold 24,579 shares as the company’s stock rose 7.70% while stock markets declined. The institutional investor held 12,422 shares of the finance company at the end of 2017Q4, valued at $2.51 million, down from 37,001 at the end of the previous reported quarter. Metropolitan Life Insurance Company who had been investing in Marketaxess Holdings Inc for a number of months, seems to be less bullish one the $7.55 billion market cap company. The stock decreased 0.96% or $1.94 during the last trading session, reaching $200.56. About 14,260 shares traded. MarketAxess Holdings Inc. (NASDAQ:MKTX) has risen 17.45% since April 23, 2017 and is uptrending. It has outperformed by 5.90% the S&P500.

Investors sentiment decreased to 0.99 in Q4 2017. Its down 0.29, from 1.28 in 2017Q3. It dropped, as 38 investors sold MKTX shares while 96 reduced holdings. 47 funds opened positions while 85 raised stakes. 36.11 million shares or 7.36% more from 33.63 million shares in 2017Q3 were reported. Advantus Management holds 0.02% or 4,629 shares. Df Dent Commerce holds 0.01% of its portfolio in MarketAxess Holdings Inc. (NASDAQ:MKTX) for 2,610 shares. United Service Automobile Association invested in 14,800 shares or 0.01% of the stock. Clal holds 0.21% or 39,501 shares. 27,054 were accumulated by Arizona State Retirement. Rothschild Asset Mgmt reported 91,518 shares. 50 are owned by Hall Laurie J Trustee. C M Bidwell And Associate Ltd has invested 0.01% of its portfolio in MarketAxess Holdings Inc. (NASDAQ:MKTX). Us Bank & Trust De stated it has 20,938 shares. Profund Advisors Limited Liability Corporation holds 4,762 shares or 0.04% of its portfolio. Campbell Newman Asset invested 0.11% in MarketAxess Holdings Inc. (NASDAQ:MKTX). The New York-based Alliancebernstein Lp has invested 0.16% in MarketAxess Holdings Inc. (NASDAQ:MKTX). Puzo Michael J reported 1,635 shares stake. 122,854 are owned by Tiaa Cref Inv Lc. Coldstream Management Incorporated invested in 0.04% or 1,615 shares.

Analysts await MarketAxess Holdings Inc. (NASDAQ:MKTX) to report earnings on April, 25 before the open. They expect $1.22 EPS, up 9.91% or $0.11 from last year’s $1.11 per share. MKTX’s profit will be $45.91 million for 41.10 P/E if the $1.22 EPS becomes a reality. After $0.89 actual EPS reported by MarketAxess Holdings Inc. for the previous quarter, Wall Street now forecasts 37.08% EPS growth.

Metropolitan Life Insurance Company, which manages about $14.10 billion and $7.53 billion US Long portfolio, upped its stake in Invitation Homes Inc by 17,006 shares to 23,855 shares, valued at $562,000 in 2017Q4, according to the filing. It also increased its holding in Williams Partners Units (ACMP) by 26,500 shares in the quarter, for a total of 427,519 shares, and has risen its stake in Ishares National Muni Bond Etf (MUB).

Since February 5, 2018, it had 0 buys, and 5 sales for $10.85 million activity. Shares for $6.67 million were sold by McVey Richard M on Thursday, February 8. On Tuesday, February 20 the insider DELISE ANTONIO L sold $1.61M. Shares for $1.18 million were sold by Themelis Nicholas on Friday, March 9. $558,574 worth of MarketAxess Holdings Inc. (NASDAQ:MKTX) was sold by McPherson Kevin M.

Among 9 analysts covering MarketAxess Holdings (NASDAQ:MKTX), 0 have Buy rating, 0 Sell and 9 Hold. Therefore 0 are positive. MarketAxess Holdings had 27 analyst reports since September 9, 2015 according to SRatingsIntel. The stock of MarketAxess Holdings Inc. (NASDAQ:MKTX) has “Market Perform” rating given on Thursday, April 12 by Wood. Keefe Bruyette & Woods maintained it with “Buy” rating and $220.0 target in Tuesday, October 3 report. The rating was downgraded by Keefe Bruyette & Woods on Wednesday, April 11 to “Hold”. Raymond James maintained the shares of MKTX in report on Thursday, July 27 with “Outperform” rating. As per Thursday, June 1, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Wood on Friday, April 8 with “Outperform”. As per Wednesday, September 9, the company rating was maintained by Wood. The stock has “Outperform” rating by Raymond James on Monday, October 26. Keefe Bruyette & Woods maintained it with “Buy” rating and $20500 target in Wednesday, July 5 report. Raymond James upgraded the shares of MKTX in report on Tuesday, January 3 to “Outperform” rating.

Dorsal Capital Management Llc, which manages about $1.15 billion and $2.03B US Long portfolio, upped its stake in Liberty Broadband Corp by 100,000 shares to 900,000 shares, valued at $76.64 million in 2017Q4, according to the filing. It also increased its holding in Dxc Technology Co by 250,000 shares in the quarter, for a total of 1.25 million shares, and has risen its stake in Altaba Inc.

Analysts await Zendesk, Inc. (NYSE:ZEN) to report earnings on May, 1 after the close. They expect $-0.29 EPS, down 11.54% or $0.03 from last year’s $-0.26 per share. After $-0.24 actual EPS reported by Zendesk, Inc. for the previous quarter, Wall Street now forecasts 20.83% negative EPS growth.

Among 21 analysts covering Zendesk (NYSE:ZEN), 18 have Buy rating, 0 Sell and 3 Hold. Therefore 86% are positive. Zendesk had 57 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Zendesk, Inc. (NYSE:ZEN) has “Outperform” rating given on Thursday, September 10 by William Blair. Piper Jaffray initiated Zendesk, Inc. (NYSE:ZEN) on Wednesday, June 1 with “Overweight” rating. RBC Capital Markets initiated Zendesk, Inc. (NYSE:ZEN) on Friday, September 11 with “Outperform” rating. The stock of Zendesk, Inc. (NYSE:ZEN) earned “Hold” rating by Stifel Nicolaus on Friday, July 21. The firm has “Buy” rating given on Tuesday, April 19 by Goldman Sachs. The stock of Zendesk, Inc. (NYSE:ZEN) has “Overweight” rating given on Monday, October 23 by Morgan Stanley. Wells Fargo initiated the stock with “Outperform” rating in Wednesday, January 11 report. Stephens downgraded the shares of ZEN in report on Monday, October 9 to “Sell” rating. The stock of Zendesk, Inc. (NYSE:ZEN) earned “Buy” rating by Canaccord Genuity on Tuesday, August 8. The stock has “Overweight” rating by KeyBanc Capital Markets on Tuesday, March 13.

MarketAxess Holdings Inc. (NASDAQ:MKTX) Institutional Positions Chart

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