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

National Pension Service raised its position in shares of Nasdaq, Inc. (NASDAQ:NDAQ) by 3.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 712,564 shares of the financial services provider’s stock after acquiring an additional 21,416 shares during the quarter. National Pension Service owned approximately 0.13% of Nasdaq worth $56,164,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Legal & General Group Plc lifted its stake in shares of Nasdaq by 1.6% in the fourth quarter. Legal & General Group Plc now owns 2,855,235 shares of the financial services provider’s stock worth $277,329,000 after buying an additional 45,783 shares in the last quarter. MKP Capital Management L.L.C. acquired a new stake in Nasdaq in the 4th quarter valued at about $33,996,000. AlphaCore Capital LLC acquired a new stake in Nasdaq in the 4th quarter valued at about $1,245,000. BNP Paribas Financial Markets lifted its stake in Nasdaq by 2.5% in the 4th quarter. BNP Paribas Financial Markets now owns 1,063,278 shares of the financial services provider’s stock worth $103,276,000 after purchasing an additional 26,185 shares in the last quarter. Finally, Natixis Advisors LLC lifted its stake in Nasdaq by 7.2% in the 4th quarter. Natixis Advisors LLC now owns 717,872 shares of the financial services provider’s stock worth $69,727,000 after purchasing an additional 48,286 shares in the last quarter. Hedge funds and other institutional investors own 72.47% of the company’s stock.

Insider Activity

In other news, EVP Bradley Peterson sold 13,000 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $92.61, for a total value of $1,203,930.00. Following the sale, the executive vice president directly owned 128,293 shares of the company’s stock, valued at approximately $11,881,214.73. The trade was a 9.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Nelson Griggs sold 11,010 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the insider owned 205,001 shares in the company, valued at approximately $19,751,846.35. This represents a 5.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 41,797 shares of company stock valued at $3,926,319. 0.60% of the stock is currently owned by insiders.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Barclays restated an “overweight” rating and issued a $111.00 price target (up from $108.00) on shares of Nasdaq in a research report on Friday, July 24th. Rothschild & Co Redburn set a $110.00 target price on Nasdaq in a report on Thursday, June 11th. TD Cowen reaffirmed a “buy” rating and issued a $105.00 target price (up from $101.00) on shares of Nasdaq in a research note on Monday, July 20th. Raymond James Financial reiterated an “outperform” rating and set a $113.00 price target (up from $111.00) on shares of Nasdaq in a report on Thursday, July 9th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $120.00 price objective on shares of Nasdaq in a report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $110.30.

Nasdaq Price Performance

NASDAQ:NDAQ opened at $91.19 on Friday. Nasdaq, Inc. has a 52 week low of $76.55 and a 52 week high of $101.79. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $50.97 billion, a P/E ratio of 26.59, a P/E/G ratio of 1.60 and a beta of 0.97. The stock’s fifty day moving average is $94.12 and its two-hundred day moving average is $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 for the quarter, topping analysts’ consensus estimates of $0.98 by $0.09. The business had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $1.46 billion. Nasdaq had a return on equity of 18.38% and a net margin of 22.60%.The company’s revenue was up 14.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.85 EPS. Equities analysts expect that Nasdaq, Inc. will post 4.15 EPS for the current year.

Nasdaq Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a $0.31 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.24 dividend on an annualized basis and a yield of 1.4%. Nasdaq’s dividend payout ratio is presently 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.