QuantCapitol. Congressional Trading Intelligence

Updated 2026-11-05 08:10 UTC · Public disclosure record

TWTICKER

Tradeweb Markets Inc.

BULLISH stock

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

8
Buy
5
Sell
+3
Net
4
Active politicians

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.

MemberEntry (last buy)Entry priceNowvs entryStatus
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).

Price & congressional trades
Buy Sell

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.

P/E
28.89
▲ pricier than Finance (median 17.2)
how it's calculated
P/E = price ÷ earnings per share
$123.67 ÷ $4.28 = 28.89
Based on GAAP trailing-twelve-month financials (SEC filings) and the latest close. Other sites may show a different multiple when they use forward (projected) or non-GAAP adjusted figures instead of reported GAAP — for a company with volatile profit those can differ in either direction from the GAAP figure shown here.
P/B
3.97
▲ pricier than Finance (median 1.8)
how it's calculated
P/B = price ÷ book value per share
$123.67 ÷ $31.19 = 3.97
Based on GAAP trailing-twelve-month financials (SEC filings) and the latest close. Other sites may show a different multiple when they use forward (projected) or non-GAAP adjusted figures instead of reported GAAP — for a company with volatile profit those can differ in either direction from the GAAP figure shown here.
EV/EBITDA
19.21
▲ pricier than Finance (median 16.3)
how it's calculated
EV/EBITDA = (market cap + net debt) ÷ EBITDA — net cash lowers EV
($26.3B − $2.1B net cash) ÷ $1.3B = $24.1B ÷ $1.3B = 19.21
Based on GAAP trailing-twelve-month financials (SEC filings) and the latest close. Other sites may show a different multiple when they use forward (projected) or non-GAAP adjusted figures instead of reported GAAP — for a company with volatile profit those can differ in either direction from the GAAP figure shown here.

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.

BillTitlePolicy areaLatest 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.

PoliticianChamberTypeOwnerDateDisclosure lagPrice move
in that
window
AmountScoreSource
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? →

0
Congress trades with insider convergence
2
…with insider divergence
113
Insider open-market trades

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.

DateInsiderRoleTypeSizeSource
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.

DateWhoTypeSize
◆ 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.

About this data. Sourced from official House Clerk and Senate eFD financial disclosures (Senate via a maintained community mirror — see project documentation). Transaction amounts are reported as ranges, not exact figures. Interest scores, consensus labels, and backtested performance are proprietary analytical calculations based on public data and are not investment advice. Backtested performance is a hypothetical simulation, not actual portfolio performance.