Kevin M McPherson, Chief Revenue Officer at MarketAxess Holdings (NASDAQ:MKTX), reported a large insider sell on November 28, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that McPherson sold 1,020 shares of MarketAxess Holdings. The total transaction amounted to $235,569.
MarketAxess Holdings shares are trading down 0.0% at $230.99 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however ...