Nasdaq, Inc. $NDAQ Shares Purchased by National Pension Service

National Pension Service boosted its position in shares of Nasdaq, Inc. (NASDAQ:NDAQ) by 3.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 712,564 shares of the financial services provider’s stock after acquiring an additional 21,416 shares during the quarter. National Pension Service’s holdings in Nasdaq were worth $56,164,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of NDAQ. Fiduciary Financial Advisors purchased a new stake in Nasdaq during the second quarter worth about $25,000. MV Capital Management Inc. purchased a new position in shares of Nasdaq in the fourth quarter valued at approximately $28,000. Nemes Rush Group LLC acquired a new position in shares of Nasdaq in the fourth quarter valued at approximately $35,000. Uniplan Investment Counsel Inc. purchased a new stake in Nasdaq during the 4th quarter worth approximately $35,000. Finally, Fideuram Asset Management Ireland dac acquired a new stake in Nasdaq during the 4th quarter worth approximately $37,000. 72.47% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Nelson Griggs sold 11,010 shares of Nasdaq stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $96.35, for a total value of $1,060,813.50. Following the transaction, the insider directly owned 205,001 shares of the company’s stock, valued at $19,751,846.35. The trade was a 5.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Bradley J. Peterson sold 13,000 shares of Nasdaq stock in a transaction on Friday, July 24th. The shares were sold at an average price of $92.61, for a total transaction of $1,203,930.00. Following the completion of the transaction, the executive vice president directly owned 128,293 shares in the company, valued at $11,881,214.73. The trade was a 9.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 41,797 shares of company stock worth $3,926,319. Insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Rothschild & Co Redburn set a $110.00 price target on shares of Nasdaq in a research report on Thursday, June 11th. Raymond James Financial reaffirmed an “outperform” rating and set a $113.00 price objective (up from $111.00) on shares of Nasdaq in a research report on Thursday, July 9th. Barclays reiterated an “overweight” rating and issued a $111.00 price objective (up from $108.00) on shares of Nasdaq in a research note on Friday, July 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Nasdaq in a report on Monday, July 20th. Finally, Morgan Stanley reissued an “overweight” rating and set a $120.00 target price on shares of Nasdaq in a research note on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Nasdaq currently has an average rating of “Buy” and an average price target of $110.30.

More Nasdaq News

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Nasdaq invests $100 million in Kraken’s parent: Nasdaq Ventures is investing in Payward, the parent of Kraken, to advance Nasdaq Equity Tokens and 24/7, blockchain-based trading infrastructure targeted for 2027. The agreement also includes a market-surveillance software arrangement, potentially creating additional recurring technology revenue. Nasdaq invests $100 million in Kraken parent, eyeing 2027 launch of tokenized stock trading
• Positive Sentiment: Private markets and AI offer growth opportunities: Nasdaq’s global survey found private markets are the top client-demand area across regions, while 80% of asset managers use AI in product development. The findings could support demand for Nasdaq’s indexes, data, analytics and technology solutions, although the survey is not a financial forecast. Private Markets and AI Emerge as Defining Priorities for Asset Managers
• Positive Sentiment: Short interest declined: Reported short interest in NDAQ fell 34.2% to about 6.1 million shares as of August 31, equal to roughly 1.1% of shares outstanding. This indicates reduced bearish positioning, though it is not necessarily a direct earnings catalyst.
• Neutral Sentiment: Analyst and fundamental backdrop: Recent earnings exceeded expectations, revenue increased year over year, and published analyst targets remain above the current trading range. However, NDAQ remains valued at a relatively high earnings multiple, so investors may require continued execution from its software and market-infrastructure businesses. 3 reasons investors watch Nasdaq
• Negative Sentiment: Near-term relative underperformance and execution risk: NDAQ underperformed competing exchange stocks in the latest session. The tokenization initiative will require regulatory approval, technical execution and meaningful trading adoption before it materially contributes to results. Nasdaq Inc. stock underperforms Thursday when compared to competitors

Nasdaq Stock Down 0.9%

Nasdaq stock opened at $91.19 on Friday. The company has a market capitalization of $50.97 billion, a P/E ratio of 26.59, a PEG ratio of 1.60 and a beta of 0.97. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.01 and a current ratio of 1.01. Nasdaq, Inc. has a fifty-two week low of $76.55 and a fifty-two week high of $101.79. The stock has a 50-day simple moving average of $94.12 and a 200-day simple moving average of $89.41.

Nasdaq (NASDAQ:NDAQ) last released its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.09. The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $1.46 billion. Nasdaq had a return on equity of 18.38% and a net margin of 22.60%.The firm’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.85 EPS. Equities research analysts expect that Nasdaq, Inc. will post 4.15 earnings per share for the current year.

Nasdaq Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a dividend of $0.31 per share. The ex-dividend date is Friday, September 11th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.4%. Nasdaq’s dividend payout ratio (DPR) is 36.15%.

Nasdaq Profile

Nasdaq, Inc (NASDAQ:NDAQ) operates financial markets and provides technology, data and analytics services to exchanges, brokers, institutional investors, corporations and other financial institutions. The company is best known for operating the Nasdaq Stock Market, a major U.S. equities exchange and a prominent venue for technology and growth companies.

Nasdaq’s businesses include listings, trading, market data, indexes, clearing and market infrastructure solutions. Through its technology platforms, the company provides exchange operators and financial institutions with systems for trading, surveillance, risk management, regulatory compliance and other market functions.