NASDAQ OMX Group EVP Anna Ewing Sells 50,000 Shares (NDAQ)
NASDAQ OMX Group (NASDAQ:NDAQ) EVP Anna Ewing sold 50,000 shares of the company’s stock in a transaction dated Wednesday, October 23rd. The shares were sold at an average price of $34.51, for a total value of $1,725,500.00. Following the completion of the sale, the executive vice president now directly owns 167,741 shares of the company’s stock, valued at approximately $5,788,742. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
NASDAQ OMX Group (NASDAQ:NDAQ) traded up 0.14% during mid-day trading on Friday, hitting $35.70. The stock had a trading volume of 1,133,934 shares. NASDAQ OMX Group has a one year low of $22.63 and a one year high of $34.41. The stock’s 50-day moving average is $31.35 and its 200-day moving average is $31.40. The company has a market cap of $5.974 billion and a P/E ratio of 19.92.
NASDAQ OMX Group (NASDAQ:NDAQ) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $0.66 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.62 by $0.04. The company had revenue of $506.00 million for the quarter, compared to the consensus estimate of $502.62 million. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was up 22.8% on a year-over-year basis.
The company also recently announced a quarterly dividend, which is scheduled for Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 1.46%. The ex-dividend date is Wednesday, December 11th.
A number of research firms have recently commented on NDAQ. Analysts at Sandler O’Neill raised their price target on shares of NASDAQ OMX Group from $35.00 to $39.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Compass Point raised their price target on shares of NASDAQ OMX Group from $33.00 to $35.00 in a research note to investors on Thursday. They now have a “neutral” rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of NASDAQ OMX Group from $37.00 to $38.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, eight have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $35.06.
The NASDAQ OMX Group, Inc (NASDAQ:NDAQ) is a holding company.
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