Nasdaq, Inc. (NASDAQ:NDAQ) insider Pc Nelson Griggs sold 1,396 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $74.72, for a total transaction of $104,309.12. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Shares of Nasdaq, Inc. (NDAQ) traded up $0.56 during trading hours on Wednesday, hitting $75.97. 1,073,800 shares of the stock traded hands, compared to its average volume of 883,979. The firm has a market capitalization of $12,535.13, a P/E ratio of 18.26, a PEG ratio of 2.11 and a beta of 0.76. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.63. Nasdaq, Inc. has a 52 week low of $63.36 and a 52 week high of $78.31.

Nasdaq (NASDAQ:NDAQ) last issued its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $1.06 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.04. Nasdaq had a net margin of 6.72% and a return on equity of 12.69%. The company had revenue of $607.00 million for the quarter, compared to analysts’ expectations of $599.84 million. During the same quarter in the previous year, the firm posted $0.91 earnings per share. Nasdaq’s revenue for the quarter was up 3.8% on a year-over-year basis. sell-side analysts expect that Nasdaq, Inc. will post 4.18 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a $0.38 dividend. The ex-dividend date is Thursday, December 14th. This represents a $1.52 annualized dividend and a dividend yield of 2.00%. Nasdaq’s dividend payout ratio is 100.00%.

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Several brokerages have commented on NDAQ. ValuEngine upgraded shares of Nasdaq from a “hold” rating to a “buy” rating in a research report on Wednesday. Barclays PLC lowered their price objective on shares of Nasdaq from $85.00 to $84.00 and set an “overweight” rating for the company in a research report on Thursday, October 26th. Keefe, Bruyette & Woods restated a “hold” rating and set a $78.00 price objective on shares of Nasdaq in a research report on Thursday, October 12th. Zacks Investment Research upgraded shares of Nasdaq from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Finally, Citigroup Inc. boosted their price objective on shares of Nasdaq from $75.00 to $82.00 and gave the company a “neutral” rating in a research report on Thursday, October 19th. One analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $77.40.

Several institutional investors have recently modified their holdings of the stock. Palo Capital Inc. grew its stake in shares of Nasdaq by 0.4% in the second quarter. Palo Capital Inc. now owns 10,759 shares of the financial services provider’s stock worth $769,000 after purchasing an additional 45 shares during the last quarter. CIBC Asset Management Inc grew its stake in shares of Nasdaq by 0.4% in the second quarter. CIBC Asset Management Inc now owns 12,260 shares of the financial services provider’s stock worth $876,000 after purchasing an additional 50 shares during the last quarter. Stanley Laman Group Ltd. grew its stake in shares of Nasdaq by 0.6% in the second quarter. Stanley Laman Group Ltd. now owns 9,457 shares of the financial services provider’s stock worth $676,000 after purchasing an additional 57 shares during the last quarter. Thrivent Financial For Lutherans grew its stake in shares of Nasdaq by 2.4% in the second quarter. Thrivent Financial For Lutherans now owns 4,330 shares of the financial services provider’s stock worth $310,000 after purchasing an additional 100 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its position in Nasdaq by 0.8% during the second quarter. Oppenheimer & Co. Inc. now owns 15,438 shares of the financial services provider’s stock valued at $1,104,000 after acquiring an additional 115 shares during the last quarter. 76.09% of the stock is currently owned by institutional investors.

Nasdaq Company Profile

Nasdaq, Inc (Nasdaq) is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services. It manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology.

Insider Buying and Selling by Quarter for Nasdaq (NASDAQ:NDAQ)

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