Nasdaq, Inc. $NDAQ Shares Sold by Nordea Investment Management AB

Nordea Investment Management AB lessened its stake in Nasdaq, Inc. (NASDAQ:NDAQ) by 22.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 264,097 shares of the financial services provider’s stock after selling 75,410 shares during the quarter. Nordea Investment Management AB’s holdings in Nasdaq were worth $25,829,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Nasdaq in the second quarter valued at about $406,823,000. Vanguard Group Inc. raised its position in shares of Nasdaq by 6.9% during the 3rd quarter. Vanguard Group Inc. now owns 59,648,406 shares of the financial services provider’s stock worth $5,275,902,000 after purchasing an additional 3,848,406 shares during the last quarter. Neuberger Berman Group LLC raised its position in shares of Nasdaq by 261.7% during the 2nd quarter. Neuberger Berman Group LLC now owns 2,690,186 shares of the financial services provider’s stock worth $240,556,000 after purchasing an additional 1,946,479 shares during the last quarter. Balyasny Asset Management L.P. lifted its stake in Nasdaq by 4,365.0% in the 2nd quarter. Balyasny Asset Management L.P. now owns 1,641,123 shares of the financial services provider’s stock valued at $146,749,000 after buying an additional 1,604,368 shares in the last quarter. Finally, State Street Corp lifted its stake in Nasdaq by 7.7% in the 3rd quarter. State Street Corp now owns 19,619,192 shares of the financial services provider’s stock valued at $1,735,318,000 after buying an additional 1,404,348 shares in the last quarter. 72.47% of the stock is owned by hedge funds and other institutional investors.

Nasdaq Stock Down 2.5%

NDAQ stock opened at $84.28 on Wednesday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.70. The firm has a 50-day moving average of $88.74 and a two-hundred day moving average of $90.27. Nasdaq, Inc. has a 12 month low of $64.84 and a 12 month high of $101.79. The company has a market cap of $47.91 billion, a price-to-earnings ratio of 27.28, a PEG ratio of 1.58 and a beta of 1.03.

Nasdaq (NASDAQ:NDAQ) last issued its earnings results on Thursday, January 29th. The financial services provider reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.04. The business had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Nasdaq had a return on equity of 16.90% and a net margin of 21.77%.The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.76 EPS. As a group, analysts forecast that Nasdaq, Inc. will post 3.18 earnings per share for the current fiscal year.

Nasdaq Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 16th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.08 dividend on an annualized basis and a yield of 1.3%. Nasdaq’s payout ratio is 34.95%.

Analyst Upgrades and Downgrades

NDAQ has been the subject of several research reports. Argus upgraded Nasdaq to a “strong-buy” rating in a research note on Wednesday, February 11th. TD Cowen upgraded Nasdaq from a “hold” rating to a “buy” rating and raised their target price for the company from $105.00 to $106.00 in a research report on Thursday, February 26th. Morgan Stanley set a $116.00 price target on Nasdaq and gave the stock an “overweight” rating in a research note on Friday, January 30th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Nasdaq in a research report on Friday, January 9th. Finally, UBS Group reissued a “buy” rating and issued a $120.00 price objective (up from $115.00) on shares of Nasdaq in a research note on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $103.80.

Trending Headlines about Nasdaq

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Nasdaq announced a strategic partnership with digital-asset infrastructure provider Talos to enable tokenized collateral management by integrating Talos with Nasdaq’s Calypso and Trade Surveillance platforms — a move that expands Nasdaq’s product set into institutional crypto workflows and could drive new fee-based revenue and cross-asset risk services. Nasdaq and Talos press release PYMNTS coverage
• Neutral Sentiment: Nasdaq executed a market oversight action by halting trading in a listed issuer (American Rebel Holdings, AREB) to request additional information — a routine regulatory/market integrity action that has limited direct impact on Nasdaq’s earnings but highlights its exchange/regulatory role. AREB halt announcement
• Neutral Sentiment: Several data feeds report a “large increase” in short interest for NDAQ in March, but the published figures appear inconsistent/erroneous (showing zeros/NaN). The reporting confusion itself can add short-term uncertainty or headline-driven volatility until corrected; it’s not clear there’s a genuine short-squeeze threat or coordinated shorting.
• Neutral Sentiment: Trading volume today is below the stock’s average, which can amplify price moves; combined with recent gains earlier this year, this technical backdrop may be contributing to profit-taking despite the positive strategic news.

Insider Buying and Selling at Nasdaq

In other news, CEO Adena T. Friedman sold 92,840 shares of Nasdaq stock in a transaction on Friday, March 6th. The stock was sold at an average price of $90.08, for a total transaction of $8,363,027.20. Following the transaction, the chief executive officer owned 2,079,323 shares in the company, valued at $187,305,415.84. The trade was a 4.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John Zecca sold 4,500 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $100.01, for a total transaction of $450,045.00. Following the transaction, the executive vice president directly owned 125,674 shares in the company, valued at approximately $12,568,656.74. The trade was a 3.46% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 697,340 shares of company stock valued at $66,803,072. 0.70% of the stock is owned by company insiders.

About Nasdaq

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.