Nasdaq, Inc. (NASDAQ:NDAQ – Get 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:NDAQ – Get 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.
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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