Tradeweb Markets Inc.
Congress has disclosed 8 buys and 5 sells of TW (Tradeweb Markets Inc.) in official financial disclosures, each linked to its original filing. A transparency record — not investment advice.
Activity Congressional Activity
Round-trip watch Still on the books
Members who disclosed buying TW and have not disclosed selling, versus their own entry (the most recent disclosed buy). "Open" means no disclosed sale — never "still holds" — and the % is unrealised, on paper. Not investment advice.
| Member | Entry (last buy) | Entry price | Now | vs entry | Status |
|---|---|---|---|---|---|
| Byron Donalds | 2025-10-09 | $108.23 | $123.67 | +14.3% | in profit |
Price as of 2026-11-02. Counted open while disclosed buys outnumber disclosed sells; tracks the price, not exact position size (amounts are ranges).
Fundamentals · FY2026 Valuation
Standard valuation multiples from SEC-reported GAAP financials (trailing twelve months), each compared to the median for Finance. We use reported GAAP, not forward or adjusted earnings, so our figures can sit higher than sites that do — especially for companies with falling profit. Relative context — not a target price or investment advice.
how it's calculated
how it's calculated
how it's calculated
Legislation Related Legislation
Recent bills in this stock's sector (Finance). Sector-level context from Congress.gov — a bill names a policy area, not this company specifically.
| Bill | Title | Policy area | Latest action |
|---|---|---|---|
| HR 10820 | Epstein Wall Street Records Act of 2026 | Finance and Financial Sector | 2026-10-15 |
| HR 10821 | To amend the Federal Deposit Insurance Act to make changes to the Standard Maximum Deposit Insurance Amount, and for other purposes. | Finance and Financial Sector | 2026-10-15 |
| S 4395 | Terrorism Risk Insurance Program Reauthorization Act of 2026 | Finance and Financial Sector | 2026-10-05 |
| S 1564 | Floodplain Enhancement and Recovery Act | Finance and Financial Sector | 2026-10-05 |
| S 5644 | A bill to amend title 31, United States Code, to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports. | Finance and Financial Sector | 2026-09-30 |
14 trades Recent Congressional Trades
Two things to watch per trade: the disclosure lag (how many days passed before the trade was made public) and the price move in that window (how the stock moved during those non-public days). A sell followed by a price drop, or a buy followed by a rise, means well-timed trading — visible here in the open. Note: the Score measures how notable a trade is, not whether it made money — the price move is shown for context and isn't part of it.
| Politician | Chamber | Type | Owner | Date | Disclosure lag | Price move in that window | Amount | Score | Source |
|---|---|---|---|---|---|---|---|---|---|
| Byron Donalds | House | BUY | Spouse · Moran Wealth IRA | 2025-10-09 | 23 days | -3.1% | $1K–$15K 0.3% of NW |
64.8 | ↗ filing |
| Byron Donalds | House | BUY | Self · Moran Wealth IRA | 2025-10-09 | 23 days | -3.1% | $1K–$15K 0.3% of NW |
64.8 | ↗ filing |
| Julia Letlow | House | SELL | Self · Merrill Lynch Investment Account #025 | 2025-10-01 | 31 days | -2.1% | $1K–$15K 1.0% of NW |
50.0 | ↗ filing |
| Byron Donalds | House | SELL | Self · Moran Wealth IRA | 2025-09-04 | 27 days | -12.8% | $1K–$15K 0.3% of NW |
84.4 | ↗ filing |
| Byron Donalds | House | SELL | Spouse · Moran Wealth IRA | 2025-09-04 | 27 days | -12.8% | $1K–$15K 0.3% of NW |
84.4 | ↗ filing |
| Julia Letlow | House | BUY | Self · Merrill Lynch Investment Account #025 | 2025-07-29 | 13 days | -2.5% | $1K–$15K 1.0% of NW |
66.1 | ↗ filing |
| Byron Donalds | House | BUY ◆ insider divergence | Self · Moran Wealth IRA | 2025-03-20 | 18 days | -8.4% | $1K–$15K 0.3% of NW |
97.5 | ↗ filing |
| Byron Donalds | House | BUY ◆ insider divergence | Spouse · Moran Wealth IRA | 2025-03-20 | 18 days | -8.4% | $1K–$15K 0.3% of NW |
97.5 | ↗ filing |
| Lamar Smith | House | EXCHANGE | Self | 2016-01-05 | 29 days | — | $1K–$15K | 10.6 | ↗ filing |
| Lamar Smith | House | BUY | Self | 2015-08-04 | 29 days | — | $1K–$15K | 15.7 | ↗ filing |
| Thomas MacArthur | House | SELL | Joint | 2015-05-27 | 5 days | — | $1K–$15K | 75.9 | ↗ filing |
| Lamar Smith | House | SELL | Self | 2015-03-09 | 30 days | — | $1K–$15K | 22.3 | ↗ filing |
| Lamar Smith | House | BUY | Self | 2014-12-02 | 34 days | — | $1K–$15K | 40.4 | ↗ filing |
| Lamar Smith | House | BUY | Self | 2014-10-16 | 19 days | — | $1K–$15K | 75.9 | ↗ filing |
Corporate insiders · SEC Form 4 Insider Activity
What the company's own officers and directors did in TW — open-market purchases and sales from SEC Form 4 filings (option exercises, grants and tax withholding are excluded). This is context for the congressional activity above, never a buy/sell signal, and the two datasets are kept separate on purpose. Does convergence mean anything? →
Of the congressional trades in TW, 0 coincided with corporate insiders moving the same way within 60 days, and 2 with insiders moving the opposite way. This is co-occurrence only — whether it carries any edge is tested honestly on the convergence page.
| Date | Insider | Role | Type | Size | Source |
|---|---|---|---|---|---|
| 2026-08-17 | Dixon Troy | Other | SELL 10b5-1 | $274K | ↗ EDGAR |
| 2026-08-14 | Dixon Troy | Other | SELL 10b5-1 | $58K | ↗ EDGAR |
| 2026-06-01 | Peterson Justin | C-suite | SELL 10b5-1 | $2.2M | ↗ EDGAR |
| 2026-05-26 | BERNS STEVEN | Director | SELL 10b5-1 | $45K | ↗ EDGAR |
| 2026-04-15 | Peterson Justin | C-suite | SELL 10b5-1 | $2.6M | ↗ EDGAR |
| 2026-03-23 | Furber Sara | C-suite | SELL 10b5-1 | $202K | ↗ EDGAR |
| 2026-03-23 | Friedman Douglas | C-suite | SELL 10b5-1 | $74K | ↗ EDGAR |
| 2026-03-20 | Clack Amy | C-suite | SELL 10b5-1 | $34K | ↗ EDGAR |
| 2026-03-20 | Peterson Justin | C-suite | SELL 10b5-1 | $126K | ↗ EDGAR |
| 2026-03-20 | Furber Sara | C-suite | SELL 10b5-1 | $615K | ↗ EDGAR |
| 2026-03-20 | Friedman Douglas | C-suite | SELL 10b5-1 | $278K | ↗ EDGAR |
| 2026-03-20 | Dixon Troy | Other | SELL 10b5-1 | $325K | ↗ EDGAR |
| 2026-03-18 | Peterson Justin | C-suite | SELL 10b5-1 | $401K | ↗ EDGAR |
| 2026-03-03 | Hult William | C-suite | SELL 10b5-1 | $9.1M | ↗ EDGAR |
| 2026-02-20 | Bruni Enrico | Other | SELL | $2.1M | ↗ EDGAR |
| 2026-02-10 | Clack Amy | Other | SELL 10b5-1 | $96K | ↗ EDGAR |
| 2026-02-10 | Clack Amy | Other | SELL 10b5-1 | $96K | ↗ EDGAR |
| 2026-02-10 | Furber Sara | C-suite | SELL 10b5-1 | $7.3M | ↗ EDGAR |
| 2026-02-10 | Friedman Douglas | C-suite | SELL 10b5-1 | $2.7M | ↗ EDGAR |
| 2026-02-10 | Friedman Douglas | C-suite | SELL 10b5-1 | $781K | ↗ EDGAR |
| 2026-02-10 | Peterson Justin | C-suite | SELL 10b5-1 | $1.3M | ↗ EDGAR |
| 2026-02-10 | Hult William | C-suite | SELL 10b5-1 | $8.4M | ↗ EDGAR |
| 2026-02-10 | Hult William | C-suite | SELL 10b5-1 | $5.6M | ↗ EDGAR |
| 2025-05-14 | BERNS STEVEN | Director | SELL 10b5-1 | $64K | ↗ EDGAR |
| 2025-04-07 | Furber Sara | C-suite | SELL 10b5-1 | $228K | ↗ EDGAR |
Combined timeline — Congress & insiders
Both sets of trades on one timeline, newest first, so you can see when they lined up. Congress vs ◆ insider.
| Date | Who | Type | Size | |
|---|---|---|---|---|
| ◆ insider | 2026-08-17 | Dixon Troy Other 10b5-1 | SELL | $274K |
| ◆ insider | 2026-08-14 | Dixon Troy Other 10b5-1 | SELL | $58K |
| ◆ insider | 2026-06-01 | Peterson Justin C-suite 10b5-1 | SELL | $2.2M |
| ◆ insider | 2026-05-26 | BERNS STEVEN Director 10b5-1 | SELL | $45K |
| ◆ insider | 2026-04-15 | Peterson Justin C-suite 10b5-1 | SELL | $2.6M |
| ◆ insider | 2026-03-23 | Furber Sara C-suite 10b5-1 | SELL | $202K |
| ◆ insider | 2026-03-23 | Friedman Douglas C-suite 10b5-1 | SELL | $74K |
| ◆ insider | 2026-03-20 | Clack Amy C-suite 10b5-1 | SELL | $34K |
| ◆ insider | 2026-03-20 | Peterson Justin C-suite 10b5-1 | SELL | $126K |
| ◆ insider | 2026-03-20 | Furber Sara C-suite 10b5-1 | SELL | $615K |
| ◆ insider | 2026-03-20 | Friedman Douglas C-suite 10b5-1 | SELL | $278K |
| ◆ insider | 2026-03-20 | Dixon Troy Other 10b5-1 | SELL | $325K |
| ◆ insider | 2026-03-18 | Peterson Justin C-suite 10b5-1 | SELL | $401K |
| ◆ insider | 2026-03-03 | Hult William C-suite 10b5-1 | SELL | $9.1M |
| ◆ insider | 2026-02-20 | Bruni Enrico Other | SELL | $2.1M |
| ◆ insider | 2026-02-10 | Clack Amy Other 10b5-1 | SELL | $96K |
| ◆ insider | 2026-02-10 | Clack Amy Other 10b5-1 | SELL | $96K |
| ◆ insider | 2026-02-10 | Furber Sara C-suite 10b5-1 | SELL | $7.3M |
| ◆ insider | 2026-02-10 | Friedman Douglas C-suite 10b5-1 | SELL | $2.7M |
| ◆ insider | 2026-02-10 | Friedman Douglas C-suite 10b5-1 | SELL | $781K |
| ◆ insider | 2026-02-10 | Peterson Justin C-suite 10b5-1 | SELL | $1.3M |
| ◆ insider | 2026-02-10 | Hult William C-suite 10b5-1 | SELL | $8.4M |
| ◆ insider | 2026-02-10 | Hult William C-suite 10b5-1 | SELL | $5.6M |
| Congress | 2025-10-09 | Byron Donalds | BUY | $1K–$15K |
FAQ Common questions
How much has Congress traded TW?
8 disclosed buys and 5 sells of TW (Tradeweb Markets Inc.) appear in official congressional financial disclosures.
Is it legal for members of Congress to trade TW?
Members of Congress may trade stocks but must disclose it under the STOCK Act. QuantCapitol tracks those public disclosures for transparency — nothing here is an accusation of wrongdoing or investment advice.
Where does this data come from?
Official US House Clerk and Senate electronic financial disclosures. Every trade links back to its original filing so you can verify it yourself.