TW — Tradeweb Markets Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Tradeweb Markets Inc

Tradeweb Markets Inc. builds and operates electronic marketplaces in the United States and internationally. The company offers marketplaces that facilitate trading products across various asset classes, including rates, credit, equities, and money markets. It also provides pre-trade data and analytics, such as AI-Price, SNAP+, iNAV for ETFs, integrations, and LSEG market data; and trade execution comprising request-for-quote, request-for-market, … Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$99.65
Market Cap$23.05B
Float115.7M
Shares Outstanding116.0M
P/E (Forward)32.15
P/E (TTM)26.10
Price/Sales (TTM)10.80
vs. Analyst Target+36.5% to analyst PT
Profit Margin40.29%
Operating Margin (TTM)46.45%
Revenue (TTM)$2.16B
Earnings Growth (YoY)39.10%
Dividend Rate0.6%
Analyst Target Price$136.07 (16 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $893M $166M $543M $429M
2021 $1.08B $227M $669M $543M
2022 $1.19B $309M $756M $618M
2023 $1.34B $365M $878M $681M
2024 $1.73B $502M $1.13B $979M
2025 $2.05B $813M $1.38B $1.43B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $513M $154M
Sep 2025 $509M $186M
Dec 2025 $521M $325M
Mar 2026 $618M $205M

Ownership & Float

Insider Ownership0.3%
Institutional Ownership105.8%
Short Float1.8%
% of All Funds Holding6.57%
Number of Funds Holding540

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$113.01Near-term / short-term trend
Weekly40-Week SMA$111.99Medium-term trend
Weekly80-Week SMA$123.87Cyclical trend (business cycle)
Weekly200-Week SMA$102.20Secular trend (multi-year)
Monthly10-Month SMA$111.30Near-term monthly trend
Monthly20-Month SMA$124.24Medium-term monthly trend
Monthly40-Month SMA$108.56Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$138.00 resistance 1.10x 8 months ago
$148.00 resistance 1.60x 12 months ago

Historical Earnings Reactions (29 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.06% 0.10% 58.62% 1.95% -3.01%
1 Day 0.50% 0.92% 65.52% 4.67% -5.40%
1 Week 2.32% 3.20% 79.31% 10.46% -15.12%
2 Weeks 3.31% 3.84% 75.86% 10.16% -10.66%
1 Month 3.33% 4.01% 78.57% 16.98% -14.54%

Next earnings: July 18, 2026 (49 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-0.8%28.6%7
Feb8.0%71.4%7
Mar1.1%57.1%7
Apr-1.3%28.6%7
May6.2%71.4%7
Jun-1.7%57.1%7
Jul3.8%71.4%7
Aug-0.6%57.1%7
Sep-7.2%28.6%7
Oct3.5%57.1%7
Nov7.7%100.0%7
Dec1.1%57.1%7

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.01% 52.1% 336
Tuesday -0.05% 49.5% 372
Wednesday 0.03% 51.5% 367
Thursday 0.23% 54.0% 359
Friday 0.17% 55.8% 360

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 105.8%

Insider Transactions — Smart Summary

Total insider ownership: 0.3%

12-Month Insider Activity Summary

Total Filings15
Net Value-$39.2M
Net Shares Change-212,048
% of Float-0.2%
C-Suite Filings14
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
Hult William Chief Executive Officer -$12.5M 1 N/A
Furber Sara Chief Financial Officer -$8.1M 2 N/A
Peterson Justin Chief Technology Officer -$4.4M 3 N/A
Friedman Douglas Chief Legal Officer -$3.9M 2 N/A
Bruni Enrico MD, Co-Head of Global Markets -$2.1M 1 1 sell
Dixon Troy MD, Co-Head of Global Markets -$324,938 1 N/A

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-02-12 – 2026-02-23 6 6 -$26.9M 6 C-suite
2026-03-23 – 2026-03-24 5 5 -$1.7M 5 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-02-23 Bruni Enrico MD, Co-Head of Global Markets -$2.1M Transaction at $119.27, now -16.5%
2026-04-17 Peterson Justin Chief Technology Officer -$2.6M Transaction at $120.66, now -17.4%
2026-03-24 Furber Sara Chief Financial Officer -$816,046.515 Transaction at $125.06, now -20.3%
2026-03-24 Friedman Douglas Chief Legal Officer -$351,566.148 Transaction at $125.07, now -20.3%
2026-02-12 Hult William Chief Executive Officer -$12.5M Transaction at $68.02, now +46.5%
2026-02-12 Furber Sara Chief Financial Officer -$7.3M Transaction at $115.10, now -13.4%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Tradeweb Markets Inc (TW) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for TW on Trend Edge →