Nasdaq, Inc. (NDAQ) EVP Pc Nelson Griggs Sells 2,064 Shares
Nasdaq, Inc. (NASDAQ:NDAQ) EVP Pc Nelson Griggs sold 2,064 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $76.58, for a total transaction of $158,061.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Pc Nelson Griggs also recently made the following trade(s):
- On Monday, November 13th, Pc Nelson Griggs sold 1,396 shares of Nasdaq stock. The shares were sold at an average price of $74.72, for a total transaction of $104,309.12.
Shares of Nasdaq, Inc. (NASDAQ:NDAQ) traded up $0.08 during trading hours on Friday, reaching $77.25. 236,584 shares of the company were exchanged, compared to its average volume of 883,318. The company has a market capitalization of $12,827.68, a PE ratio of 18.68, a price-to-earnings-growth ratio of 2.16 and a beta of 0.76. Nasdaq, Inc. has a 1 year low of $63.36 and a 1 year high of $78.31. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.63.
Nasdaq (NASDAQ:NDAQ) last issued its earnings results on Wednesday, October 25th. The financial services provider reported $1.06 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.02 by $0.04. The firm had revenue of $607.00 million during the quarter, compared to analysts’ expectations of $599.84 million. Nasdaq had a net margin of 6.72% and a return on equity of 12.69%. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period last year, the firm posted $0.91 earnings per share. research analysts predict that Nasdaq, Inc. will post 4.18 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date is Thursday, December 14th. Nasdaq’s payout ratio is 100.00%.
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Large investors have recently modified their holdings of the stock. Thrivent Financial For Lutherans boosted its stake in Nasdaq by 6.5% in the 1st quarter. Thrivent Financial For Lutherans now owns 4,230 shares of the financial services provider’s stock worth $294,000 after purchasing an additional 260 shares during the period. Mn Services Vermogensbeheer B.V. boosted its stake in Nasdaq by 507.6% in the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 18,781 shares of the financial services provider’s stock worth $1,343,000 after purchasing an additional 15,690 shares during the period. Aperio Group LLC boosted its stake in Nasdaq by 2.4% in the 2nd quarter. Aperio Group LLC now owns 95,486 shares of the financial services provider’s stock worth $6,826,000 after purchasing an additional 2,218 shares during the period. Forsta AP Fonden boosted its stake in Nasdaq by 30.2% in the 2nd quarter. Forsta AP Fonden now owns 96,581 shares of the financial services provider’s stock worth $6,905,000 after purchasing an additional 22,400 shares during the period. Finally, Huntington National Bank boosted its stake in Nasdaq by 77.2% in the 2nd quarter. Huntington National Bank now owns 11,477 shares of the financial services provider’s stock worth $821,000 after purchasing an additional 4,999 shares during the period. Hedge funds and other institutional investors own 75.82% of the company’s stock.
Several research analysts have recently issued reports on the stock. ValuEngine upgraded shares of Nasdaq from a “hold” rating to a “buy” rating in a report on Wednesday, November 15th. Barclays PLC decreased their price objective on shares of Nasdaq from $85.00 to $84.00 and set an “overweight” rating for the company in a report on Thursday, October 26th. Citigroup Inc. raised their target price on shares of Nasdaq from $75.00 to $82.00 and gave the stock a “neutral” rating in a report on Thursday, October 19th. Zacks Investment Research upgraded shares of Nasdaq from a “sell” rating to a “hold” rating in a report on Tuesday, October 17th. Finally, Royal Bank Of Canada set a $78.00 target price on shares of Nasdaq and gave the stock a “hold” rating in a report on Monday, October 16th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $78.22.
Nasdaq Company Profile
Nasdaq, Inc (Nasdaq) is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services. It manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology.
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