TW Tradeweb Markets (TW) Insider Trading, Ownership & Congress Trades
Financial Services · Security & commodity brokers, dealers, exchanges & services · CIK 0001758730
Form 144 · 1
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
0
13F, latest reported quarter
What the filings say about TW
Insiders, 180 days
-$2.5M net sold
3 sellers · 0% of sales under a 10b5-1 plan
Congress, 1 year
No trades
Last one: purchase, 2025-10-09
Planned sales (Form 144), 90 days
$330.3K
1 notice
Tradeweb Markets insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, Tradeweb Markets Inc. insiders sold a net $2.5M of stock across 237 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- 3 earlier Form 4 trades (code P or S) here by this insider (3 sales), the last on Aug 14, 2026.
- The trade is 8.1% of the 31,863 shares held after it.
- No other insider sold within 30 days.
Insider activity: MD, Co-Head of Global Markets Dixon Troy sold about $274.1K of TW on Aug 17, 2026.Context
- 2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on Mar 20, 2026.
- The trade is 1.6% of the 34,447 shares held after it.
- No other insider sold within 30 days.
Insider activity: MD, Co-Head of Global Markets Dixon Troy sold about $57.7K of TW on Aug 14, 2026.Context
- 32 earlier Form 4 trades (code P or S) here by this insider (32 sales), the last on Apr 15, 2026.
- The trade is 140.8% of the 15,070 shares held after it.
- 1 other insider sold within 30 days.
Insider activity: Chief Technology Officer Peterson Justin sold about $2.2M of TW on Jun 1, 2026; 1 other insider sold within 30 days.Context
- 5 earlier Form 4 trades (code P or S) here by this insider (5 sales), the last on May 14, 2025.
- The trade is 8.7% of the 4,884 shares held after it.
- 1 other insider sold within 30 days.
Insider activity: Director BERNS STEVEN sold about $44.7K of TW on May 26, 2026; 1 other insider sold within 30 days.Context
- 31 earlier Form 4 trades (code P or S) here by this insider (31 sales), the last on Mar 20, 2026.
- The trade is 58.5% of the 36,291 shares held after it.
- 4 other insiders sold within 30 days.
Insider activity: Chief Technology Officer Peterson Justin sold about $2.6M of TW on Apr 15, 2026; 4 other insiders sold within 30 days.237 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$2.5M over 180 days
-$331.8K over 90 days
below 59% of Financial Services
Congress
no House purchase disclosed in the last 12 months
Funds
under five funds report holding it
Revenue
+18.9% year over year
more than 60% of Financial Services
Margin
39.6% net margin
more than 86% of Financial Services
Buybacks
$240.5M repurchased, FY to 2026-06-30
more than 75% of Financial Services
Short interest
2.8% of the float short (float per yahoo 2026-10-27) · 2.7 days to cover · settled 2026-10-15
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch TW
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+8.4%12M
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns TW: institutional holders (13F)
13F holdings, latest reported quarter
SEC 13F
No reported 13F holders
No fund above the reporting threshold listed this stock last quarter. That is a fact, not missing data.
Congress trades in TW
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Bought 2025-10-09 · disclosed 40 days later
$1,001 - $15,000
Sold 2025-10-01 · disclosed 104 days later
$1,001 - $15,000
Sold 2025-09-04 · disclosed 33 days later
$1,001 - $15,000
Bought 2025-07-29 · disclosed 168 days later
$1,001 - $15,000
Bought 2025-03-20 · disclosed 25 days later
$1,001 - $15,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
TW planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
T TROY DIXON
Filed 2026-08-14
$330.3K
Executive pay vs shareholder return · Mr. Hult
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$20.6M
$4.7M
$7.1M
+76%
+94%
2024
$16.7M
$41.8M
$6.5M
+113%
+68%
2023
$14.3M
$25.8M
$8.6M
+47%
+33%
2022
$17.4M
-$6.6M
$5.5M
+5%
+14%
2021
$14.8M
$110.3M
$5.4M
+61%
+32%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $2.5M sold by insiders over 180 days, $330.3K in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
TW financials
Revenue growth
+18.9%
XBRL, annual
Net margin
39.6%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$2.2B
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM TW
| FY Dec 2025 | $2.1B |
| FY Dec 2024 | $1.7B |
| FY Dec 2023 | $1.3B |
| FY Dec 2022 | $1.2B |
| FY Dec 2021 | $1.1B |
| Jun 2026 | $558.9M |
| Mar 2026 | $617.8M |
| Dec 2025 | $521.2M |
| Sep 2025 | $508.6M |
| Jun 2025 | $513.0M |
| Mar 2025 | $509.7M |
| Dec 2024 | $463.3M |
| Sep 2024 | $448.9M |
At each fiscal year end
Single quarter
Net margin, TTM
+40.7%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM TW
| FY Dec 2025 | +39.6% |
| FY Dec 2024 | +29.1% |
| FY Dec 2023 | +27.3% |
| FY Dec 2022 | +26.0% |
| FY Dec 2021 | +21.1% |
| Jun 2026 | +32.4% |
| Mar 2026 | +33.2% |
| Dec 2025 | +62.4% |
| Sep 2025 | +36.5% |
| Jun 2025 | +30.0% |
| Mar 2025 | +29.1% |
| Dec 2024 | +30.7% |
| Sep 2024 | +25.4% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$1.1B
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM TW
| FY Dec 2025 | $1.1B |
| FY Dec 2024 | $856.8M |
| FY Dec 2023 | $727.6M |
| FY Dec 2022 | $609.6M |
| FY Dec 2021 | $561.1M |
| Jun 2026 | $385.8M |
| Mar 2026 | $94.2M |
| Dec 2025 | $336.5M |
| Sep 2025 | $328.3M |
| Jun 2025 | $403.7M |
| Mar 2025 | $58.6M |
| Dec 2024 | $256.8M |
| Sep 2024 | $287.8M |
At each fiscal year end
Single quarter
Debt to equity
n/a
no debt line filed
Debt to equity TW
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
n/a
no debt line filed
Cash flow to debt TW
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+14.1%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity TW
| FY Dec 2025 | +13.2% |
| FY Dec 2024 | +9.0% |
| FY Dec 2023 | +7.1% |
| FY Dec 2022 | +6.4% |
| FY Dec 2021 | +5.1% |
| Jun 2026 | +14.1% |
| Mar 2026 | +13.8% |
| Dec 2025 | +13.2% |
| Sep 2025 | +10.5% |
| Jun 2025 | +9.5% |
| Mar 2025 | +9.2% |
| Dec 2024 | +9.0% |
| Sep 2024 | +8.2% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+11.0%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets TW
| FY Dec 2025 | +10.5% |
| FY Dec 2024 | +7.0% |
| FY Dec 2023 | +5.5% |
| FY Dec 2022 | +5.1% |
| FY Dec 2021 | +3.9% |
| Jun 2026 | +11.0% |
| Mar 2026 | +11.1% |
| Dec 2025 | +10.5% |
| Sep 2025 | +8.2% |
| Jun 2025 | +7.3% |
| Mar 2025 | +7.1% |
| Dec 2024 | +7.0% |
| Sep 2024 | +6.5% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
no debt line filed
Return on invested capital TW
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
n/a
assets or current liabilities not filed
Return on capital employed TW
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
28.63x
close 2026-10-27 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing TW
| FY Dec 2025 | 28.53x |
| FY Dec 2024 | 56.19x |
| FY Dec 2023 | 53.15x |
| FY Dec 2022 | 43.87x |
| FY Dec 2021 | 91.87x |
| Jun 2026 | 23.84x |
| Mar 2026 | 29.12x |
| Dec 2025 | 28.53x |
| Sep 2025 | 38.01x |
| Jun 2025 | 56.53x |
| Mar 2025 | 61.09x |
| Dec 2024 | 56.19x |
| Sep 2024 | 59.46x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
n/a
no share count filed
Enterprise value TW
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
n/a
no share count filed
FCF yield TW
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
0.47x
P/E over trailing EPS growth of 61%: four quarters to 2026-06-30 against the four to 2025-06-30
PEG, trailing TW
| FY Dec 2025 | 0.46x |
| FY Dec 2024 | 1.55x |
| FY Dec 2023 | 3.42x |
| FY Dec 2022 | 1.23x |
| FY Dec 2021 | 3.85x |
| Jun 2026 | 0.39x |
| Mar 2026 | 0.44x |
| Dec 2025 | 0.46x |
| Sep 2025 | 0.94x |
| Jun 2025 | 1.96x |
| Mar 2025 | 2.09x |
| Dec 2024 | 1.55x |
| Sep 2024 | 2.84x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-27. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $2.1B | $1.7B | $1.3B | $1.2B |
| Operating income | $835.3M | $678.0M | $505.3M | $412.6M |
| Net income | $812.8M | $501.5M | $364.9M | $309.3M |
| EPS (diluted) | 3.78 | 2.33 | 1.71 | 1.48 |
| Operating cash flow | $1.2B | $897.7M | $746.1M | $632.8M |
| Cash | $2.1B | $1.3B | $1.7B | $1.3B |
| Buybacks | $104.2M | $59.1M | $35.2M | $99.3M |
SEC XBRL, fiscal years, as known on 2026-10-28
TW Stock Sonar score 4/7 axes
Find similar shapesCompareTW ranks highest on profitability (72nd percentile) and risk and compliance (62nd), and lowest on insider conviction (19th), among Financial Services peers.
4 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
TW filings, in plain words
Are Tradeweb Markets insiders buying or selling TW?
In the 180 days to 2026-10-28, Tradeweb Markets insiders were net sellers, a net $2.5M across purchases and sales reported on Form 4, by 3 sellers.
Have members of Congress traded TW?
Yes, but not in the year to 2026-10-28; the latest on record is a purchase by Byron Donalds dated 2025-10-09.
Are there planned insider sales of TW?
Yes. 1 Form 144 notice of planned insider sales was filed in the 90 days to 2026-10-28, covering $330.3K of stock; the latest, by T TROY DIXON, was filed 2026-08-14.
Read the full summary
In the 180 days to 2026-10-28, Tradeweb Markets insiders were net sellers of TW, a net $2.5M across purchases and sales reported on Form 4 by 3 sellers. None of the 4 insider sales was flagged as made under a Rule 10b5-1 plan. Members of Congress have disclosed trades in TW, none in the last year; the latest on record is a purchase by Byron Donalds dated 2025-10-09. Insiders filed 1 Form 144 notice of intent to sell in the 90 days to 2026-10-28, covering $330.3K of stock. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
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