Nasdaq, Inc. (NASDAQ:NDAQ) EVP Pc Nelson Griggs Sells 500 Shares

Nasdaq, Inc. (NASDAQ:NDAQGet Rating) EVP Pc Nelson Griggs sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, April 27th. The shares were sold at an average price of $161.64, for a total value of $80,820.00. Following the transaction, the executive vice president now directly owns 35,086 shares in the company, valued at approximately $5,671,301.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of NDAQ stock opened at $157.37 on Friday. Nasdaq, Inc. has a twelve month low of $156.72 and a twelve month high of $214.96. The stock has a market capitalization of $25.87 billion, a price-to-earnings ratio of 22.58, a P/E/G ratio of 2.06 and a beta of 0.90. The stock has a fifty day simple moving average of $173.74 and a two-hundred day simple moving average of $188.50. The company has a current ratio of 0.92, a quick ratio of 0.94 and a debt-to-equity ratio of 0.80.

Nasdaq (NASDAQ:NDAQGet Rating) last issued its quarterly earnings data on Wednesday, April 20th. The financial services provider reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.95 by $0.02. The firm had revenue of $892.00 million during the quarter, compared to analysts’ expectations of $892.18 million. Nasdaq had a return on equity of 20.05% and a net margin of 20.31%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.96 EPS. Research analysts predict that Nasdaq, Inc. will post 7.92 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 24th. Investors of record on Friday, June 10th will be paid a dividend of $0.60 per share. This is a boost from Nasdaq’s previous quarterly dividend of $0.54. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date of this dividend is Thursday, June 9th. Nasdaq’s dividend payout ratio is 30.99%.

Several hedge funds and other institutional investors have recently modified their holdings of NDAQ. Lindbrook Capital LLC lifted its stake in shares of Nasdaq by 131.1% during the 1st quarter. Lindbrook Capital LLC now owns 141 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 80 shares during the last quarter. Riverview Trust Co purchased a new stake in shares of Nasdaq during the 1st quarter worth $30,000. Ellevest Inc. lifted its stake in shares of Nasdaq by 69.8% during the 4th quarter. Ellevest Inc. now owns 146 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 60 shares during the last quarter. Mascoma Wealth Management LLC purchased a new stake in shares of Nasdaq during the 4th quarter worth $37,000. Finally, Whittier Trust Co. lifted its stake in shares of Nasdaq by 85.1% during the 4th quarter. Whittier Trust Co. now owns 174 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 80 shares during the last quarter. Hedge funds and other institutional investors own 71.78% of the company’s stock.

A number of equities analysts recently issued reports on NDAQ shares. StockNews.com cut Nasdaq from a “hold” rating to a “sell” rating in a report on Thursday, April 21st. The Goldman Sachs Group cut Nasdaq from a “neutral” rating to a “sell” rating and set a $190.00 price objective for the company. in a report on Tuesday, January 4th. Credit Suisse Group started coverage on Nasdaq in a report on Tuesday, February 15th. They set an “outperform” rating and a $225.00 price objective for the company. Bank of America boosted their price objective on Nasdaq from $262.00 to $277.00 and gave the company a “buy” rating in a report on Thursday, January 27th. Finally, UBS Group dropped their price objective on Nasdaq from $238.00 to $225.00 and set a “buy” rating for the company in a report on Thursday, January 27th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $213.17.

Nasdaq Company Profile (Get Rating)

Nasdaq, Inc operates as a technology company that serves capital markets and other industries worldwide. The Market Technology segment includes anti financial crime technology business, which offers Nasdaq Trade Surveillance, a SaaS solution for brokers and other market participants to assist them in complying with market rules, regulations, and internal market surveillance policies; Nasdaq Automated Investigator, a cloud-deployed anti-money laundering tool; and Verafin, a SaaS technology provider of anti-financial crime management solutions.

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