Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Tradeweb Markets Inc shares valued at $278,269 were sold by Zucker Scott on May 07 ’24. At $110.56 per share, Zucker Scott sold 2,517 shares. The insider’s holdings dropped to 28,833 shares worth approximately $3.21 million following the completion of this transaction.
Also, Peterson Justin sold 5,013 shares, netting a total of over 525,497 in proceeds. Following the sale of shares at $104.83 each, the insider now holds 57,349 shares.
Before that, Friedman Douglas had sold 2,922 shares from its account. In a trade valued at $301,872, the General Counsel and Secretary traded Tradeweb Markets Inc shares for $103.31 each. Upon closing the transaction, the insider’s holdings decreased to 2,922 shares, worth approximately $4.03 million.
As published in their initiating research note from William Blair on April 09, 2024, Tradeweb Markets Inc [TW] has been an Outperform. Analysts at Barclays started covering the stock with ‘”an Overweight”‘ outlook in a report released in late June. As of December 07, 2022, Raymond James has increased its “Mkt perform” rating to a “an Outperform” for TW. Earlier on October 12, 2022, Citigroup initiated its rating. Their recommendation was “a Buy” for TW stock.
Analyzing TW Stock Performance
During the last five days, there has been a surge of approximately 7.13%. Over the course of the year, Tradeweb Markets Inc shares have jumped approximately 22.47%. Shares of the company reached a 52-week high of $111.68 on 05/08/24 and a 52-week low of $88.49 on 01/02/24. A 50-day SMA is recorded $103.68, while a 200-day SMA reached $93.12. Nevertheless, trading volume fell to 0.95 million shares from 1.27 million shares the previous day.
Support And Resistance Levels for Tradeweb Markets Inc (TW)
According to the 24-hour chart, there is a support level at 109.90, which, if violated, would cause prices to drop to 108.50. In the upper region, resistance lies at 112.19. The next price resistance is at 113.08. RSI (Relative Strength Index) is 74.36 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.06, which suggests the price will increase in the coming days. Percent R is at 3.36%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
