Market Cap
$23.6B
TW
Tradeweb Markets Inc.
$102.40 ▼ -0.87%
Prev close $103.30Market cap$23.6B
ConsensusBuy
12-mo target$123.73 (+20.8%)
▲ Bullish
Analyst conviction 7/10
Insider Selling Cluster (2 insiders)High Impact Filing (7/10)40 New Institutional Positions10 Institutional Exits Traditional Finance
Snapshot
The big-picture read on TW right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Buy (67%)
Inst. Holders
50 funds
Inst. Value
$6.9B
Inst. Activity
40 buys / 10 sells
Insider Activity
$0.00 buy / $7.2M sell
Insider Net $
-$7.2M
Social Sentiment
50° Neutral
SEC Reports
7
Price chart 30d -1.0%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 7, 2026 dark_pool
Dark Pool: TW — 1.7M shares, 42,591 trades
Week starting 2026-09-07. Total ATS volume: 1,696,293 shares across 42,591 trades.
Aug 17, 2026 Insider
Dixon Troy sold 2,584 shares
MD, Co-Head of Global Markets @ $106.06 ($274.1K)
Aug 14, 2026 Insider
Jul 30, 2026 SEC Dixon Troy sold 546 shares
MD, Co-Head of Global Markets @ $105.74 ($57.7K)
Tradeweb reported Q2 2026 revenue of $558.9M (+9.0% YoY) and adjusted diluted EPS of $0.97 (+11.5% YoY), a 2.5% beat vs
8-K — Impact 5/10
Jun 30, 2026 Inst.
NORGES BANK — NEW
1,544,599 shares ($153.9M)
Jun 30, 2026 Inst.
MILLENNIUM MANAGEMENT LLC — TRIM
1,428,050 shares ($142.3M)
Jun 1, 2026 Insider
May 26, 2026 SEC Peterson Justin sold 21,221 shares
Chief Technology Officer @ $102.00 ($2.2M)
Director Steven Berns filed a Form 144 on May 26, 2026, indicating intent to sell 425 shares of Tradeweb Markets common
144 — Impact 2/10
Analyst ratings buy % -1.5%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
67% rate it Buy or better · 24 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Oct 2, 2026 | Wells Fargo | INITIATE | Overweight | 54% |
| Sep 9, 2026 | UBS | MAINTAIN | Buy | 55% |
| Aug 3, 2026 | JP Morgan | MAINTAIN | Overweight | 55% |
| Jul 31, 2026 | TD Cowen | MAINTAIN | Hold | 56% |
| Jul 31, 2026 | Piper Sandler | MAINTAIN | Neutral | 54% |
| Jul 31, 2026 | Barclays | MAINTAIN | Equal-Weight | 54% |
| Jul 16, 2026 | JP Morgan | MAINTAIN | Overweight | 55% |
| Jul 10, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight | 55% |
| Jul 9, 2026 | Barclays | MAINTAIN | Equal-Weight | 54% |
| Jul 7, 2026 | Raymond James | MAINTAIN | Outperform | 54% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 6 | 10 | 8 | 0 | 0 | 67% | |
| Aug 1, 2026 | 6 | 9 | 8 | 0 | 0 | 65% | |
| Jul 1, 2026 | 5 | 9 | 8 | 0 | 0 | 64% | |
| Jun 1, 2026 | 5 | 8 | 9 | 0 | 0 | 59% | |
| May 1, 2026 | 5 | 8 | 9 | 0 | 0 | 59% | |
| Apr 1, 2026 | 5 | 9 | 8 | 0 | 0 | 64% | |
| Mar 1, 2026 | 5 | 9 | 8 | 0 | 0 | 64% | |
| Feb 1, 2026 | 5 | 9 | 8 | 0 | 0 | 64% |
Price targets
Where 15 covering analysts think TW trades over the next 12 months.
$123.73 +20.8% upside Strong Buy
Current$102.40 Low$98.00 Median$118.00 High$183.00 15 analysts
$98.00$183.00
Analyst rating Buy· 2.1/5 as of Oct 2, 2026
Social media sentiment mood +0.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
50°
Neutral
BearishNeutralBullish
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
7 SEC filing reports analyzed · 1 bullish, 0 bearish, 0 mixed, 6 neutral · avg impact 3.4/10.
NEUTRAL8-K5/10
Tradeweb reported Q2 2026 revenue of $558.9M (+9.0% YoY) and adjusted diluted EPS of $0.97 (+11.5% Y
Jul 30, 2026
NEUTRAL1442/10
Director Steven Berns filed a Form 144 on May 26, 2026, indicating intent to sell 425 shares of Trad
May 26, 2026
NEUTRAL8-K2/10
Tradeweb Markets stockholders approved amendments to the certificate of incorporation at the 2026 an
May 20, 2026
BULLISH8-K7/10
Tradeweb reported Q1 2026 record revenue of $617.8M (+21.2% YoY) and adjusted diluted EPS of $1.08,
Apr 29, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 7, 2026
dark_pool
Dark Pool: TW — 1.7M shares, 42,591 trades
Week starting 2026-09-07. Total ATS volume: 1,696,293 shares across 42,591 trades.
Aug 31, 2026
dark_pool
Dark Pool: TW — 1.9M shares, 50,065 trades
Week starting 2026-08-31. Total ATS volume: 1,882,661 shares across 50,065 trades.
Aug 24, 2026
dark_pool
Dark Pool: TW — 1.5M shares, 36,284 trades
Week starting 2026-08-24. Total ATS volume: 1,539,065 shares across 36,284 trades.
Aug 17, 2026
dark_pool
Dark Pool: TW — 1.9M shares, 40,109 trades
Week starting 2026-08-17. Total ATS volume: 1,901,468 shares across 40,109 trades.
Aug 10, 2026
dark_pool
Dark Pool: TW — 1.1M shares, 32,841 trades
Week starting 2026-08-10. Total ATS volume: 1,094,018 shares across 32,841 trades.
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.99 | $0.94–$1.06 | 14.2% | +0.2% | 3↑ 6↓ | $0.6B | 14 |
| Next Q | $1.01 | $0.97–$1.06 | 16.0% | -0.1% | 2↑ 6↓ | $0.6B | 14 |
| Current FY | $4.05 | $3.97–$4.14 | 16.8% | -0.2% | 5↑ 5↓ | $2.3B | 15 |
| Next FY | $4.62 | $4.30–$5.02 | 13.9% | +0.4% | 3↑ 2↓ | $2.6B | 15 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.994 | — |
| 7d ago | $0.990 | +0.004 |
| 30d ago | $0.992 | +0.002 |
| 60d ago | $0.998 | -0.004 |
| 90d ago | $0.999 | -0.006 |
Institutional ownership
Which big funds own TW (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $6.9B total value (69,808,009 shares) as of 2026-Q2. Top holders: Erste, BlackRock,, WELLINGTON. Net buying activity: 40 institutions added/increased vs 10 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| Erste Asset Management GmbH | 0 | $0.00 | 0.0% | — |
| BlackRock, Inc. | 6,882,278 | $685.9M | 9.9% | — |
| WELLINGTON MANAGEMENT GROUP LLP | 6,204,054 | $618.3M | 8.9% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 6,057,601 | $603.7M | 8.7% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 5,238,973 | $522.1M | 7.5% | — |
| STATE STREET CORP | 2,807,827 | $279.8M | 4.0% | — |
| AQR CAPITAL MANAGEMENT LLC | 2,787,932 | $272.4M | 3.9% | — |
| Grantham, Mayo, Van Otterloo & Co. LLC | 2,663,518 | $265.4M | 3.8% | — |
| Capital World Investors | 2,313,422 | $230.6M | 3.3% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 2,105,472 | $209.2M | 3.0% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| NORGES BANK | NEW | — | 1,544,599 | — | $153.9M |
| MILLENNIUM MANAGEMENT LLC | TRIM | 1,968,423 | 1,428,050 | -27.5% | $142.3M |
| CITADEL ADVISORS LLC | ADD | 699,945 | 1,398,377 | +99.8% | $139.4M |
| MARSHALL WACE, LLP | DOUBLED | 377,441 | 1,282,797 | +239.9% | $127.8M |
| Artisan Partners Limited Partnership | DOUBLED | 530,801 | 1,151,879 | +117.0% | $114.8M |
| D. E. Shaw & Co., Inc. | DOUBLED | 384,573 | 1,121,171 | +191.5% | $111.7M |
| Qube Research & Technologies Ltd | DOUBLED | 235,967 | 828,654 | +251.2% | $82.6M |
| UBS Group AG | TRIM | 1,928,700 | 746,296 | -61.3% | $74.4M |
| GOLDMAN SACHS GROUP INC | DOUBLED | 273,595 | 602,055 | +120.1% | $60.0M |
| Vinva Investment Management Ltd | ADD | 303,636 | 552,893 | +82.1% | $51.0M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
14 insiders, 50 transactions. Net -$7.2M — $0.00 bought, $7.2M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 17, 2026 | Dixon Troy | MD, Co-Head of Global Markets | SELL | 2,584 | $106.06 | $274.1K |
| Aug 14, 2026 | Dixon Troy | MD, Co-Head of Global Markets | SELL | 546 | $105.74 | $57.7K |
| Jun 1, 2026 | Peterson Justin | Chief Technology Officer | SELL | 21,221 | $102.00 | $2.2M |
| May 26, 2026 | BERNS STEVEN | Director | SELL | 425 | $105.26 | $44.7K |
| May 19, 2026 | Repetto Richard H | Director | AWARD | 1,645 | — | — |
| May 19, 2026 | Opoku Lisa | Director | AWARD | 1,645 | — | — |
| May 19, 2026 | Ganeles Scott | Director | AWARD | 1,645 | — | — |
| May 19, 2026 | BERNS STEVEN | Director | AWARD | 1,645 | — | — |
| May 19, 2026 | Madoff Paula | Director | AWARD | 1,912 | — | — |
| May 19, 2026 | AIGRAIN JACQUES | Director | AWARD | 2,668 | — | — |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for TW.
Shares short
3,443,179
Settlement Sep 15, 2026
Change vs prior
-11.0%
Semi-monthly cycle
Days to cover
3.0
At avg daily volume
Of shares outstanding
≈1.5%
Estimate — not % of float
All TW filing & press-release reports (7)
- 8-K reportJul 30, 2026
- 144 reportMay 26, 2026
- 8-K reportMay 20, 2026
- 8-K reportApr 29, 2026
- 144 reportApr 15, 2026
- DEFA14A reportMar 26, 2026
- CLUSTER reportMar 24, 2026