Tradeweb Markets
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
47% more call options, than puts
Call options by funds: $36.9M | Put options by funds: $25.1M
38% more repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 138
3% more capital invested
Capital invested by funds: $11.9B [Q1] → $12.3B (+$357M) [Q2]
0.8% more ownership
Funds ownership: 98.94% [Q1] → 99.74% (+0.8%) [Q2]
0% less funds holding
Funds holding: 431 [Q1] → 430 (-1) [Q2]
2% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 55
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Piper Sandler Patrick Moley 95% 1-year accuracy 21 / 22 met price target | 4%downside $127 | Neutral Maintained | 8 Oct 2024 |
Barclays Benjamin Budish 87% 1-year accuracy 55 / 63 met price target | 11%upside $147 | Overweight Maintained | 7 Oct 2024 |
Raymond James Patrick O'Shaughnessy 92% 1-year accuracy 11 / 12 met price target | 0%upside $133 | Outperform Maintained | 7 Oct 2024 |
B of A Securities Michael Carrier 100% 1-year accuracy 3 / 3 met price target | 5%upside $139 | Buy Maintained | 3 Oct 2024 |
Goldman Sachs Alexander Blostein 82% 1-year accuracy 27 / 33 met price target | 3%upside $136 | Buy Maintained | 3 Oct 2024 |
Financial journalist opinion
Based on 12 articles about TW published over the past 30 days
