TW stock icon

Tradeweb Markets
TW

$107.75
1.03%

Market Cap: 23B

 

About: Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in U.S. and European government debt, mortgage-backed securities, interest-rate swaps, and U.S. and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.

Employees: 1,179

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 13 analysts
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 2 (+1) [Q1 2024]

64% more call options, than puts

Call options by funds: $80.3M | Put options by funds: $49M

56% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 45

13% more capital invested

Capital invested by funds: $10.4B [Q4 2023] → $11.7B (+$1.31B) [Q1 2024]

6% more funds holding

Funds holding: 401 [Q4 2023] → 426 (+25) [Q1 2024]

9% more repeat investments, than reductions

Existing positions increased: 162 | Existing positions reduced: 149

2.6% less ownership

Funds ownership: 99.85% [Q4 2023] → 97.25% (-2.6%) [Q1 2024]

Research analyst outlook

13 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$105
3%
downside
Avg. target
$118
10%
upside
High target
$130
21%
upside

13 analyst ratings

10 positive
77%
neutral
23%
negative
0%
JP Morgan
Kenneth Worthington
10%upside
$119
Overweight
Maintained
11 Jul 2024
Barclays
Benjamin Budish
15%upside
$124
Overweight
Maintained
10 Jul 2024
Citigroup
Christopher Allen
16%upside
$125
Buy
Maintained
9 Jul 2024
Piper Sandler
Patrick Moley
0%upside
$108
Neutral
Maintained
9 Jul 2024
UBS
Alex Kramm
21%upside
$130
Buy
Maintained
15 May 2024

Financial journalist opinion

Based on 4 articles about TW published over the past 30 days