Tradeweb Markets (TW) Insider Trades, Congress & Funds

Smart money at a glance

Filings to Nov 14, 2026

Net selling: insiders sold $2.6M and bought $0 on the open market in 90 days (SEC Form 4). Congress: no trades disclosed in 180 days.

Company insidersForm 4, 90 days: -$2.6M net
CongressSTOCK Act, 180 days: None
Big funds13F, quarter ended Sep 30, 2026: 0 added, 1 cut
Federal contractsUSAspending.gov, 12 months: No awards

Analysts

What do analysts expect?

Analyst target and ratings are on paid plans

Unlock the full results

Questions about TW filings

Are insiders buying or selling Tradeweb Markets Inc (TW) stock?

Net selling: insiders sold $2.6M and bought $0 of TW stock on the open market in the 90 days to Nov 14, 2026, according to SEC Form 4 filings. $274K of the sales were made under pre-set Rule 10b5-1 trading plans. The largest was Bruni, Enrico (MD, Co-Head of Global Markets), who sold $2.3M. The latest filing was on Nov 5, 2026.

Which members of Congress have traded TW recently?

None. No member of Congress disclosed a TW trade with a trade date in the last 180 days, according to House and Senate STOCK Act filings.

How current is this TW smart-money data?

This summary uses filings available on Nov 14, 2026. Insiders must report trades to the SEC within 2 business days, members of Congress have up to 45 days to disclose a trade, and funds file 13F holdings up to 45 days after each quarter ends, so the latest moves may not be public yet.

13F: filed up to 45 days late.

Smart money on TW

Lean long1 source:
- Congress
Lean short2 sources:
- Insiders
- Funds

Top traders
No tracked positions at the last update
Insiders
Lean short3 sales · $4.8M
3 of 3 on scheduled plans. Form 4 filings.
Congress
- Byron Donalds, bought $1K–$15K, disclosed Nov 18
Lean long · thin1 buy · 0 salesCongress
Congress filings. Amounts are filing ranges, not prices, and filings can lag the trade.
Funds
Lean short1 added · 2 trimmed
Quarter-end 13F holdings changes, not live trades. A trim is not a short.
Influencers
No recent posts found

Each bar is 100% of that source’s money. The notch marks an even split.

Lean is the direction of the latest moves. Descriptive, not advice.

Questions about TW filings

Are insiders buying or selling Tradeweb Markets Inc (TW) stock?

Which members of Congress have traded TW recently?

None. No member of Congress disclosed a TW trade with a trade date in the last 180 days, according to House and Senate STOCK Act filings.

How current is this TW smart-money data?

Funds

What funds are doing

11 moves · 6 mo

Buys/Adds$363.6MSells/Trims$629.5M

Buys/Adds (1)

DS
D.E. Shaw
Q2 2026 13F
$66.5M
added
Signals like this: n=13773, 53% finished lower at D15, median -0.4% vs SPY -0.4%

Sells/Trims (2)

MW
Marshall Wace
Q3 2026 13F
$126.8M
trimmed
Signals like this: n=7469, 53% finished lower at D15, median -0.5% vs SPY -0.4%
VG
Viking Global
Andreas Halvorsen · Q2 2026 13F
$266.4M
trimmed

5 more moves

Pro opens all of them for $16.50/month, paid yearly.

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Reported Oct 29, 2026

Earnings landed in line with what analysts expected.

Documents

Earnings releaseEX-99.1 All exhibits, including slides8-K Quarterly report10-Q Annual report10-K Every filing

Last report

Oct 29, 2026

Financial period

Q3 2026

Earnings per share

$1.02+0.53% in line

$1.01 expected

Revenue

$584.5M+0.34% beat

$582.6M expected

EPS: Yahoo Finance

Next report

What the street expects next

From the release

At a glance

Revenue $584.5M vs $582.6M expected, beat.
Adjusted EPS $1.02 vs $1.01 expected.
Rates revenue $324.5M.
Credit revenue $133.0M.

Previous reports

Quarter / reported	Earnings per share	Beat or miss	Revenue / income	Revenue vs last year
Sep 30, 2026Reported Oct 29, 2026	$1.02est. $1.01	+0.53%in line	$584.5Mest. $582.6M+0.34%	+14.9%from $508.6M
Jun 30, 2026Reported Jul 30, 2026	$0.97est. $0.95	+2.51%beat	$558.9MCompany release	+9.0%from $513.0M
Mar 31, 2026Reported Apr 29, 2026	$1.08est. $1.06	+1.52%beat	$617.8MSEC filing	+21.2%from $509.7M
Dec 31, 2025Reported Feb 5, 2026	$0.87est. $0.84	+3.04%beat	$521.2MAlpha Vantage	+12.5%from $463.3M
Sep 30, 2025Reported Oct 30, 2025	$0.87est. $0.83	+4.82%beat	$508.6MSEC filing	+13.3%from $448.9M
Jun 30, 2025Reported Jul 30, 2025	$0.87est. $0.86	+1.16%beat	$513.0MSEC filing	+26.7%from $405.0M
Mar 31, 2025Reported Apr 30, 2025	$0.86est. $0.86	+0.00%in line	$509.7MSEC filing	+24.7%from $408.7M
Dec 31, 2024Reported Feb 6, 2025	$0.76est. $0.74	+2.70%beat	$463.3MAlpha Vantage	+25.2%from $370.0M

Earnings per share comes from Yahoo Finance where available, then Alpha Vantage or the company release. Revenue comes from company releases, SEC filings, Alpha Vantage or Yahoo Finance. A beat or miss needs an analyst estimate on the same basis as the reported figure, so quarters without one show none. Non-USD amounts carry their currency code.

Open: $131.57
High: $132.46
Low: $130.93
Prev close: $130.60
52-wk high: $133.59
52-wk low: $91.30
Mkt cap: $28.54B
P/E: 31.4x
ROE: +14.5%
Fwd P/E: 33.9x
Beta: 0.56
Div yield: 0.41%
P/S: 12.5x
P/B: 4.3x
Profit margin: +39.8%
Op margin: +44.5%

Dec 2025 to Sep 2026

What it sold, what it cost, what was left.

RevenueProfit

Dec 2025Mar 2026Jun 2026Sep 2026

Income statement, 4 periods, all values in US dollars
USD	Dec 2025	Mar 2026	Jun 2026	Sep 2026
What came in
RevenueTotal revenue	$521.2M	$617.8M	$558.9M	$584.5M
Cost of what it soldCost of revenue	$159.3M	$197.8M	$180.8M	$178.9M
Gross profit	$361.9M	$420.0M	$378.1M	$584.5M
What it spent
Sales and adminSelling, general and administrative	$80.8M	$72.0M	$79.7M	$268.8M
Other operating costsOperating costs not itemised in the filing's summary	$50.3M	$60.7M	$53.1M	$62.3M
Total operating expenses	$131.1M	$132.7M	$132.8M	$331.1M
What was left
Operating profitOperating income	$230.8M	$287.3M	$245.3M	$253.4M
Interest on debtInterest expense	$403.0K	$624.0K	$505.0K	$522.0K
Profit before tax	$456.7M	$302.9M	$270.2M	$290.0M
TaxIncome tax expense	$89.6M	$69.8M	$63.5M	$65.1M
Net profitNet income	$325.0M	$205.3M	$181.3M	$197.5M
EBITDAEarnings before interest, tax, depreciation, amortisation	$517.2M	$364.3M	$299.5M	$352.8M

Technicals

Price structure

This stock is in a strong uptrend, and looks overbought after a fast run-up.

Trend

Strong uptrend

85 / 100

RSI 14

75overbought

20D volatility

22%annualized

52-week range

$131.64

$91.30$133.59

20D support

$110.57recent floor

20D resistance

$132.46recent ceiling

Returns

5D +3.2%20D +17.5%60D +27.6%

Price vs moving averages

SMA20 +6.7%SMA50 +17.4%SMA200 +19.6%

Volume pace

1.36xvs prior 20D

Smart money at a glance

Filings to Nov 14, 2026

Net selling: insiders sold $2.6M and bought $0 on the open market in 90 days (SEC Form 4). Congress: no trades disclosed in 180 days.

Company insidersForm 4, 90 days: -$2.6M net
CongressSTOCK Act, 180 days: None
Big funds13F, quarter ended Sep 30, 2026: 0 added, 1 cut
Federal contractsUSAspending.gov, 12 months: No awards

Analysts

What do analysts expect?

Analyst target and ratings are on paid plans

Unlock the full results

Questions about TW filings

Are insiders buying or selling Tradeweb Markets Inc (TW) stock?

Which members of Congress have traded TW recently?

None. No member of Congress disclosed a TW trade with a trade date in the last 180 days, according to House and Senate STOCK Act filings.

How current is this TW smart-money data?

13F: filed up to 45 days late.

Smart money on TW

Lean long1 source:
- Congress
Lean short2 sources:
- Insiders
- Funds

Top traders
No tracked positions at the last update
Insiders
Lean short3 sales · $4.8M
3 of 3 on scheduled plans. Form 4 filings.
Congress
- Byron Donalds, bought $1K–$15K, disclosed Nov 18
Lean long · thin1 buy · 0 salesCongress
Congress filings. Amounts are filing ranges, not prices, and filings can lag the trade.
Funds
Lean short1 added · 2 trimmed
Quarter-end 13F holdings changes, not live trades. A trim is not a short.
Influencers
No recent posts found

Each bar is 100% of that source’s money. The notch marks an even split.

Lean is the direction of the latest moves. Descriptive, not advice.

Questions about TW filings

Are insiders buying or selling Tradeweb Markets Inc (TW) stock?

Which members of Congress have traded TW recently?

None. No member of Congress disclosed a TW trade with a trade date in the last 180 days, according to House and Senate STOCK Act filings.

How current is this TW smart-money data?

Funds

What funds are doing

11 moves · 6 mo

Buys/Adds$363.6MSells/Trims$629.5M

Buys/Adds (1)

DS
D.E. Shaw
Q2 2026 13F
$66.5M
added
Signals like this: n=13773, 53% finished lower at D15, median -0.4% vs SPY -0.4%

Sells/Trims (2)

MW
Marshall Wace
Q3 2026 13F
$126.8M
trimmed
Signals like this: n=7469, 53% finished lower at D15, median -0.5% vs SPY -0.4%
VG
Viking Global
Andreas Halvorsen · Q2 2026 13F
$266.4M
trimmed

5 more moves

Pro opens all of them for $16.50/month, paid yearly.

Unlock all 5 moves

Unlock everything for $29/month

Unlock for $29/month

Reported Oct 29, 2026

Earnings landed in line with what analysts expected.

Documents

Earnings releaseEX-99.1 All exhibits, including slides8-K Quarterly report10-Q Annual report10-K Every filing

Last report

Oct 29, 2026

Financial period

Q3 2026

Earnings per share

$1.02+0.53% in line

$1.01 expected

Revenue

$584.5M+0.34% beat

$582.6M expected

EPS: Yahoo Finance

Next report

What the street expects next

From the release

At a glance

Revenue $584.5M vs $582.6M expected, beat.
Adjusted EPS $1.02 vs $1.01 expected.
Rates revenue $324.5M.
Credit revenue $133.0M.

Previous reports

Quarter / reported	Earnings per share	Beat or miss	Revenue / income	Revenue vs last year
Sep 30, 2026Reported Oct 29, 2026	$1.02est. $1.01	+0.53%in line	$584.5Mest. $582.6M+0.34%	+14.9%from $508.6M
Jun 30, 2026Reported Jul 30, 2026	$0.97est. $0.95	+2.51%beat	$558.9MCompany release	+9.0%from $513.0M
Mar 31, 2026Reported Apr 29, 2026	$1.08est. $1.06	+1.52%beat	$617.8MSEC filing	+21.2%from $509.7M
Dec 31, 2025Reported Feb 5, 2026	$0.87est. $0.84	+3.04%beat	$521.2MAlpha Vantage	+12.5%from $463.3M
Sep 30, 2025Reported Oct 30, 2025	$0.87est. $0.83	+4.82%beat	$508.6MSEC filing	+13.3%from $448.9M
Jun 30, 2025Reported Jul 30, 2025	$0.87est. $0.86	+1.16%beat	$513.0MSEC filing	+26.7%from $405.0M
Mar 31, 2025Reported Apr 30, 2025	$0.86est. $0.86	+0.00%in line	$509.7MSEC filing	+24.7%from $408.7M
Dec 31, 2024Reported Feb 6, 2025	$0.76est. $0.74	+2.70%beat	$463.3MAlpha Vantage	+25.2%from $370.0M

Open: $131.57
High: $132.46
Low: $130.93
Prev close: $130.60
52-wk high: $133.59
52-wk low: $91.30
Mkt cap: $28.54B
P/E: 31.4x
ROE: +14.5%
Fwd P/E: 33.9x
Beta: 0.56
Div yield: 0.41%
P/S: 12.5x
P/B: 4.3x
Profit margin: +39.8%
Op margin: +44.5%

Dec 2025 to Sep 2026

What it sold, what it cost, what was left.

RevenueProfit

Dec 2025Mar 2026Jun 2026Sep 2026

Income statement, 4 periods, all values in US dollars
USD	Dec 2025	Mar 2026	Jun 2026	Sep 2026
What came in
RevenueTotal revenue	$521.2M	$617.8M	$558.9M	$584.5M
Cost of what it soldCost of revenue	$159.3M	$197.8M	$180.8M	$178.9M
Gross profit	$361.9M	$420.0M	$378.1M	$584.5M
What it spent
Sales and adminSelling, general and administrative	$80.8M	$72.0M	$79.7M	$268.8M
Other operating costsOperating costs not itemised in the filing's summary	$50.3M	$60.7M	$53.1M	$62.3M
Total operating expenses	$131.1M	$132.7M	$132.8M	$331.1M
What was left
Operating profitOperating income	$230.8M	$287.3M	$245.3M	$253.4M
Interest on debtInterest expense	$403.0K	$624.0K	$505.0K	$522.0K
Profit before tax	$456.7M	$302.9M	$270.2M	$290.0M
TaxIncome tax expense	$89.6M	$69.8M	$63.5M	$65.1M
Net profitNet income	$325.0M	$205.3M	$181.3M	$197.5M
EBITDAEarnings before interest, tax, depreciation, amortisation	$517.2M	$364.3M	$299.5M	$352.8M

Technicals

Price structure

This stock is in a strong uptrend, and looks overbought after a fast run-up.

Trend

Strong uptrend

85 / 100

RSI 14

75overbought

20D volatility

22%annualized

52-week range

$131.64

$91.30$133.59

20D support

$110.57recent floor

20D resistance

$132.46recent ceiling

Returns

5D +3.2%20D +17.5%60D +27.6%

Price vs moving averages

SMA20 +6.7%SMA50 +17.4%SMA200 +19.6%

Volume pace

1.36xvs prior 20D

Tradeweb Markets Inc

Smart money at a glance

What do analysts expect?

Questions about TW filings

Smart money on TW

Questions about TW filings

What funds are doing

What insiders are doing

What Congress is doing

How top traders are positioned

Unlock everything for $29/month

Earnings landed in line with what analysts expected.

What the street expects next

At a glance

Previous reports

What it sold, what it cost, what was left.

Price structure

TW filing write-ups

Ask it in Claude or ChatGPT.

Tradeweb Markets Inc

Smart money at a glance

What do analysts expect?

Questions about TW filings

Smart money on TW

Questions about TW filings

What funds are doing

What insiders are doing

What Congress is doing

How top traders are positioned

Unlock everything for $29/month

Earnings landed in line with what analysts expected.

What the street expects next

At a glance

Previous reports

What it sold, what it cost, what was left.

Price structure

TW filing write-ups

Ask it in Claude or ChatGPT.

Tradeweb Markets Inc

Overview

Questions about TW filings

Smart money

Unlock everything for $29/month

Earnings

Previous reports

Financials

Technicals

TW filing write-ups

Ask it in Claude or ChatGPT.

Tradeweb Markets Inc

Overview

Questions about TW filings

Smart money

Unlock everything for $29/month

Earnings

Previous reports

Financials

Technicals

TW filing write-ups

Ask it in Claude or ChatGPT.