MD Bruni Enrico sold 17,380 shares of TW at $119.27 for $2.1M on 2026-02-20. Holds 102,319 post-transaction.
Bruni Enrico, Co-Head of Global Markets at Tradeweb Markets, sold 17,380 shares at $119.27, reducing his holdings by 14.5% to 102,319 shares. The sale represents a significant position reduction, though the executive retains substantial ownership. At current price of $118.00, TW stock is down 20.8% from its 52-week high and has rebounded 14.8% in the prior 30 days following a 9.8% 90-day gain. Across his same-ticker history at TW, Bruni's 5 prior sells all realized positive 90-day returns (ranging +21.3% to +22.3%), indicating his prior sales at this company have consistently sold before subsequent rallies—a 0.00% well-timed rate. This pattern persists in his cross-ticker track record with 13 prior sells averaging +21.7% 90-day returns at a 0.00% well-timed rate, suggesting a consistent pattern of selling ahead of upward moves rather than ahead of declines.