NASDAQ OMX Group EVP Sells $726,600 in Stock (NDAQ)
NASDAQ OMX Group (NASDAQ:NDAQ) EVP Bruce Aust sold 20,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $36.33, for a total value of $726,600.00. Following the completion of the sale, the executive vice president now directly owns 98,101 shares in the company, valued at approximately $3,564,009. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of NASDAQ OMX Group (NASDAQ:NDAQ) traded up 0.42% on Monday, hitting $36.21. The stock had a trading volume of 679,565 shares. NASDAQ OMX Group has a 52 week low of $29.51 and a 52 week high of $41.25. The stock has a 50-day moving average of $36.04 and a 200-day moving average of $37.93. The company has a market cap of $6.180 billion and a price-to-earnings ratio of 13.95.
NASDAQ OMX Group (NASDAQ:NDAQ) last released its earnings data on Thursday, April 24th. The company reported $0.72 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.71 by $0.01. The company had revenue of $529.00 million for the quarter, compared to the consensus estimate of $526.55 million. During the same quarter in the prior year, the company posted $0.64 earnings per share. The company’s quarterly revenue was up 26.6% on a year-over-year basis. Analysts expect that NASDAQ OMX Group will post $2.95 EPS for the current fiscal year.
A number of analysts have recently weighed in on NDAQ shares. Analysts at Credit Suisse upgraded shares of NASDAQ OMX Group from a “neutral” rating to an “outperform” rating in a research note on Friday. They now have a $42.00 price target on the stock, up previously from $40.00. One research analyst has rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $38.10.
The NASDAQ OMX Group, Inc (NASDAQ:NDAQ) is a holding company.
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