Retirement Systems of Alabama Grows Stock Holdings in Nasdaq, Inc. $NDAQ

Retirement Systems of Alabama grew its position in Nasdaq, Inc. (NASDAQ:NDAQ) by 9.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 96,697 shares of the financial services provider’s stock after buying an additional 7,997 shares during the quarter. Retirement Systems of Alabama’s holdings in Nasdaq were worth $8,553,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Front Row Advisors LLC acquired a new position in Nasdaq in the 2nd quarter valued at about $25,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Nasdaq in the second quarter valued at approximately $27,000. Tripletail Wealth Management LLC acquired a new position in shares of Nasdaq in the third quarter valued at approximately $27,000. Access Investment Management LLC acquired a new position in shares of Nasdaq in the second quarter worth $28,000. Finally, West Branch Capital LLC purchased a new stake in shares of Nasdaq during the third quarter worth $29,000. Institutional investors and hedge funds own 72.47% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on NDAQ. JPMorgan Chase & Co. boosted their target price on Nasdaq from $111.00 to $113.00 and gave the stock an “overweight” rating in a research note on Monday, January 12th. Morgan Stanley reiterated an “overweight” rating and issued a $113.00 price objective (up previously from $111.00) on shares of Nasdaq in a research note on Thursday, January 15th. Royal Bank Of Canada reissued an “outperform” rating and set a $108.00 price objective on shares of Nasdaq in a research report on Thursday, October 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Nasdaq in a report on Friday, January 9th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $100.00 price target (up previously from $99.00) on shares of Nasdaq in a research note on Monday, October 13th. Fourteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Nasdaq currently has an average rating of “Moderate Buy” and a consensus target price of $103.67.

Insider Activity at Nasdaq

In related news, EVP John Zecca sold 4,500 shares of Nasdaq stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $100.01, for a total transaction of $450,045.00. Following the sale, the executive vice president directly owned 125,674 shares in the company, valued at $12,568,656.74. This trade represents a 3.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jeremy Skule sold 2,105 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $85.40, for a total transaction of $179,767.00. Following the completion of the sale, the executive vice president directly owned 84,974 shares of the company’s stock, valued at approximately $7,256,779.60. This trade represents a 2.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 306,605 shares of company stock valued at $29,546,812 in the last ninety days. Insiders own 0.70% of the company’s stock.

Trending Headlines about Nasdaq

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Q4 beat — Nasdaq reported $0.96 EPS vs. the $0.91 consensus and $1.39B revenue vs. $1.37B expected, driven by broad revenue gains across divisions; the beat supports fundamentals and valuation. Nasdaq (NDAQ) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Strong full-year results — Nasdaq reported annual results exceeding $5.2B in net revenue and $4.0B in solutions revenue, reinforcing growth in its recurring solutions businesses. Nasdaq Reports Fourth-Quarter and Full-Year 2025 Results
• Positive Sentiment: Dividend declared — Board approved a quarterly dividend of $0.27 per share (≈1.1% yield), signaling cash return to shareholders and board confidence in cash flow. Nasdaq Announces Quarterly Dividend of $0.27 Per Share
• Neutral Sentiment: Analyst/price-target commentary — Recent coverage and price-target discussion may influence near-term trading and sentiment but does not change reported fundamentals. How The Latest Price Target Is Shaping The Nasdaq NDAQ Investment Story
• Neutral Sentiment: Investor materials available — Management held the earnings call and published slides/transcript and the conference materials are live for deeper review (useful for gauging segment-level outlook). Nasdaq Earnings Report & Conference Call
• Negative Sentiment: Expense outlook tweak — Management flagged higher expenses/higher expense assumptions that partially offset revenue growth; investors may worry about margin pressure and EPS durability. Nasdaq Beats Q4 Earnings & Revenue Estimates, Tweaks Expense View

Nasdaq Price Performance

Shares of NASDAQ NDAQ opened at $98.09 on Friday. The stock’s 50-day simple moving average is $95.55 and its 200-day simple moving average is $92.56. The firm has a market capitalization of $56.01 billion, a PE ratio of 35.03, a price-to-earnings-growth ratio of 1.47 and a beta of 1.01. Nasdaq, Inc. has a fifty-two week low of $64.84 and a fifty-two week high of $101.79. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.99 and a current ratio of 0.99.

Nasdaq (NASDAQ:NDAQ) last announced its quarterly earnings results on Thursday, January 29th. The financial services provider reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.05. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.37 billion. Nasdaq had a return on equity of 16.28% and a net margin of 19.90%. As a group, equities research analysts forecast that Nasdaq, Inc. will post 3.18 EPS for the current fiscal year.

Nasdaq Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 16th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, March 16th. Nasdaq’s dividend payout ratio (DPR) is 38.57%.

Nasdaq Profile

Nasdaq, Inc is a global financial technology company that operates one of the world’s leading electronic securities exchanges and provides a broad array of products and services to capital markets participants. Its core activities include operating the Nasdaq Stock Market and other trading venues, developing and supplying market technology and matching engines to exchanges and trading firms, licensing market data and indices, and offering clearing, trade execution and post-trade solutions. The company also provides market surveillance, risk management and regulatory technology used by exchanges and regulators.

Founded in 1971 by the National Association of Securities Dealers (NASD) as the first electronic stock market, Nasdaq has evolved into a diversified marketplace and technology provider.