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Douglas Friedman, General Counsel and Secretary at Tradeweb Markets Inc . (NASDAQ:TW), recently sold 3,061 shares of the company’s Class A common stock. The company, currently valued at $33.7 billion, has shown impressive momentum with a 36% return over the past year and trades near its 52-week high of $143.82. The transaction, executed on March 19, was carried out under a pre-established Rule 10b5-1 trading plan. The shares were sold at a weighted average price of approximately $141.59, with individual transaction prices ranging from $139.77 to $142.33. According to InvestingPro analysis, Tradeweb Markets demonstrates strong financial health with excellent liquidity, as current assets significantly exceed short-term obligations with a current ratio of 4.19. Following this sale, Friedman holds 26,810 shares, which include a mix of vested and unvested restricted stock units scheduled to vest in the coming years. For deeper insights into insider trading patterns and comprehensive financial analysis, including 8 additional ProTips and detailed valuation metrics, check out the full research report available on InvestingPro.
In other recent news, Tradeweb Markets reported fourth-quarter earnings that exceeded analyst expectations, with adjusted earnings per share at $0.76, surpassing the consensus estimate of $0.75. However, the company’s revenue for the quarter was slightly below expectations, coming in at $463.3 million against the anticipated $464.82 million. Tradeweb also announced a 20% increase in its quarterly dividend, now at $0.12 per share. Additionally, the firm provided guidance for 2025, projecting adjusted expenses between $970 million and $1,030 million. In analyst updates, Keefe, Bruyette & Woods lowered their 12-month price target for Tradeweb from $150 to $145, while maintaining an Outperform rating, citing strong earnings but acknowledging a softer start to the year in industry volumes. Meanwhile, Raymond (NSE:RYMD) James raised its price target for Tradeweb to $144 from $141, also maintaining an Outperform rating, and expressed confidence in the company’s potential for sustained growth due to favorable market conditions and strategic gains. Furthermore, Tradeweb expanded its Board of Directors by adding Rich Repetto, a seasoned professional with extensive experience in financial market analysis, who will also join the board’s Audit and Risk Committee.
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