10,820 Nasdaq, Inc. $NDAQ Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC trimmed its holdings in shares of Nasdaq, Inc. (NASDAQ:NDAQ) by 49.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 11,036 shares of the financial services provider’s stock after selling 10,820 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Nasdaq were worth $1,015,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in shares of Nasdaq in the 2nd quarter worth approximately $2,931,637,000. Bank of America Corp DE purchased a new position in Nasdaq during the second quarter valued at $603,631,000. The Manufacturers Life Insurance Company purchased a new position in Nasdaq during the second quarter valued at $377,818,000. Legal & General Group Plc purchased a new position in Nasdaq during the second quarter valued at $220,130,000. Finally, Deutsche Bank AG bought a new stake in Nasdaq in the second quarter worth $180,099,000. 72.47% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, insider Nelson Griggs sold 11,010 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $96.35, for a total transaction 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. This represents a 5.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Jeremy Skule sold 1,125 shares of the stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $95.00, for a total value of $106,875.00. Following the sale, the executive vice president directly owned 96,561 shares in the company, valued at $9,173,295. This trade represents a 1.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 26,520 shares of company stock valued at $2,520,957. Corporate insiders own 0.60% of the company’s stock.

Nasdaq Price Performance

Shares of NDAQ opened at $102.56 on Friday. The company has a market capitalization of $57.33 billion, a P/E ratio of 28.02, a price-to-earnings-growth ratio of 1.86 and a beta of 0.99. The company has a quick ratio of 1.01, a current ratio of 1.00 and a debt-to-equity ratio of 0.71. The firm has a 50 day moving average of $94.86 and a 200 day moving average of $91.05. Nasdaq, Inc. has a twelve month low of $76.55 and a twelve month high of $104.21.

Nasdaq (NASDAQ:NDAQ) last announced its quarterly earnings data on Thursday, October 22nd. The financial services provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.02. The company had revenue of $2.39 billion during the quarter, compared to analyst estimates of $1.47 billion. Nasdaq had a net margin of 22.81% and a return on equity of 19.03%. The firm’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.88 EPS. As a group, equities research analysts anticipate that Nasdaq, Inc. will post 4.13 earnings per share for the current fiscal year.

Nasdaq Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 4th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. Nasdaq’s dividend payout ratio (DPR) is presently 36.15%.

Nasdaq News Summary

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Q3 earnings exceeded expectations: Nasdaq reported adjusted EPS of $1.04, topping the $1.02 consensus and rising from $0.88 a year earlier. Net revenue increased 13% year over year to approximately $1.5 billion, while solutions revenue grew 17%. Nasdaq Reports Third Quarter 2026 Results
• Positive Sentiment: Recurring revenue and growth businesses remain strong: Annualized recurring revenue reached a record $3.4 billion, with index revenue up 39% and continued double-digit growth in fintech and technology. Investors are also focused on Nasdaq’s AI-related solutions, tokenization opportunities and recurring-revenue model as potential long-term growth drivers. NDAQ Q3 Deep Dive
• Positive Sentiment: Analysts raised price targets: Goldman Sachs raised its target to $120 and maintained a Buy rating; Morgan Stanley increased its target to $132 with an Overweight rating; JPMorgan lifted its target to $122 and Wells Fargo raised its target to $111. The revisions signal greater confidence in Nasdaq’s earnings and recurring-revenue outlook. Analyst Rating Updates
• Positive Sentiment: Options activity was notably bullish: Traders purchased 7,716 call options, approximately 320% above average call volume, indicating increased speculative interest following the earnings release.
• Neutral Sentiment: Dividend was maintained: Nasdaq declared a quarterly dividend of $0.31 per share, equivalent to $1.24 annually and an approximate 1.2% yield. The payment is scheduled for December 18. Nasdaq Dividend Announcement
• Negative Sentiment: Valuation and insider selling may be limiting gains: Nasdaq trades near its 52-week high at roughly 30 times earnings. EVP Jeremy Skule also sold 1,125 shares for about $107,000, a modest transaction but part of a broader pattern of insider selling that could weigh on sentiment. SEC Insider Transaction Filing

Analysts Set New Price Targets

NDAQ has been the topic of a number of recent research reports. Raymond James Financial cut their target price on Nasdaq from $119.00 to $109.00 in a research note on Friday, October 9th. Morgan Stanley lifted their price target on Nasdaq from $118.00 to $132.00 and gave the stock an “overweight” rating in a research report on Friday. Jefferies Financial Group reaffirmed a “hold” rating on shares of Nasdaq in a research report on Thursday. Zacks Research cut shares of Nasdaq from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 21st. Finally, Keefe, Bruyette & Woods increased their price objective on shares of Nasdaq from $92.00 to $102.00 and gave the company a “market perform” rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $113.53.

Nasdaq Profile

Nasdaq, Inc is a global financial technology and market infrastructure company best known for operating the Nasdaq Stock Market, one of the world’s largest electronic stock exchanges. The company provides listing services for public companies and operates trading venues for equities, options and other financial products. Its exchange business serves companies, investors and market participants in the United States, as well as through Nasdaq’s Nordic and Baltic market operations.

Beyond its exchange activities, Nasdaq provides market data, analytics, indexes and technology used by exchanges, brokers, banks, asset managers and other financial institutions.