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Tradeweb Markets Inc (TW) – Don’t Be So Quick to Call it Dead

Tradeweb Markets Inc (NASDAQ: TW) is 10.15% higher on its value in year-to-date trading and has touched a low of $64.83 and a high of $108.04 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TW stock was last observed hovering at around $100.33 in the last trading session, with the day’s loss setting it -0.23%.

Currently trading at $100.10, the stock is -3.74% and -2.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing -0.23% at the moment leaves the stock 12.62% off its SMA200. TW registered 27.65% gain for a year compared to 6-month gain of 25.41%. The firm has a 50-day simple moving average (SMA 50) of $14.68 and a 200-day simple moving average (SMA200) of $28.84.

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The stock witnessed a -4.40% loss in the last 1 month and extending the period to 3 months gives it a 12.51%, and is -4.12% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.85% over the week and 1.84% over the month.

Tradeweb Markets Inc (TW) has around 1179 employees, a market worth around $21.29B and $1.34B in sales. Current P/E ratio is 58.42 and Fwd P/E is 33.31. Profit margin for the company is 27.23%. Distance from 52-week low is 54.40% and -7.35% from its 52-week high. The company has generated returns on investments over the last 12 months (6.75%).

Tradeweb Markets Inc quarterly earnings per share for the current quarter are estimated at $0.68 with sales reaching $399.43M over the same period.The EPS is expected to grow by 17.88% this year, but quarterly earnings will post 16.70% year-over-year. Quarterly sales are estimated to grow 21.30% in year-over-year returns.

628 institutions hold shares in Tradeweb Markets Inc (TW), with institutional investors hold 101.81% of the company’s shares. The shares outstanding are 115.09M, and float is at 114.80M with Short Float at 1.53%. Institutions hold 101.55% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 11.96 million shares valued at $818.8 million. The investor’s holdings represent 10.43% of the TW Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 10.7 million shares valued at $732.61 million to account for 9.33% of the shares outstanding. The other top investors are T. Rowe Price Investment Management, Inc. which holds 7.94 million shares representing 6.92% and valued at over $543.55 million, while Wellington Management Group, LLP holds 5.65% of the shares totaling 6.48 million with a market value of $443.72 million.

Tradeweb Markets Inc (TW) Insider Activity

The most recent transaction is an insider sale by Peterson Justin, the company’s Chief Technology Officer. SEC filings show that Peterson Justin sold 5,013 shares of the company’s common stock on Mar 25 ’24 at a price of $104.83 per share for a total of $0.53 million. Following the sale, the insider now owns 57349.0 shares.

Tradeweb Markets Inc disclosed in a document filed with the SEC on Mar 20 ’24 that Friedman Douglas (General Counsel and Secretary) sold a total of 2,922 shares of the company’s common stock. The trade occurred on Mar 20 ’24 and was made at $103.31 per share for $0.3 million. Following the transaction, the insider now directly holds 36194.0 shares of the TW stock.

Still, SEC filings show that on Mar 11 ’24, Peterson Justin (Chief Technology Officer) disposed off 8,287 shares at an average price of $103.09 for $0.85 million. The insider now directly holds 60,818 shares of Tradeweb Markets Inc (TW).

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