Nasdaq Inc (NASDAQ:NDAQ) insider Bradley J. Peterson sold 19,169 shares of the company’s stock in a transaction dated Friday, January 12th. The shares were sold at an average price of $80.70, for a total transaction of $1,546,938.30. Following the transaction, the insider now directly owns 32,214 shares of the company’s stock, valued at approximately $2,599,669.80. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Nasdaq Inc (NASDAQ:NDAQ) traded up $0.04 during midday trading on Wednesday, reaching $80.46. The company’s stock had a trading volume of 681,125 shares, compared to its average volume of 835,735. The stock has a market cap of $13,420.00, a PE ratio of 53.28, a PEG ratio of 1.76 and a beta of 0.79. Nasdaq Inc has a 52-week low of $65.98 and a 52-week high of $82.15. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.15 and a current ratio of 1.15.

Nasdaq (NASDAQ:NDAQ) last released its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.06 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.02 by $0.04. The firm had revenue of $607.00 million during the quarter, compared to analysts’ expectations of $599.84 million. Nasdaq had a return on equity of 12.69% and a net margin of 6.72%. Nasdaq’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.91 EPS. equities analysts anticipate that Nasdaq Inc will post 4.18 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend was Thursday, December 14th. Nasdaq’s dividend payout ratio is presently 100.66%.

A number of research analysts have recently commented on the stock. ValuEngine downgraded shares of Nasdaq from a “buy” rating to a “hold” rating in a research note on Wednesday, December 20th. BidaskClub downgraded shares of Nasdaq from a “hold” rating to a “sell” rating in a research report on Wednesday, December 20th. Barclays dropped their target price 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 reissued a “hold” rating and set a $78.00 target price on shares of Nasdaq in a research report on Thursday, October 12th. Finally, Zacks Investment Research raised shares of Nasdaq from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a research report on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $81.23.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NDAQ. Sterling Capital Management LLC purchased a new position in Nasdaq in the 2nd quarter worth approximately $40,996,000. Ardevora Asset Management LLP purchased a new position in Nasdaq in the 3rd quarter worth approximately $35,504,000. American Century Companies Inc. purchased a new position in Nasdaq in the 3rd quarter worth approximately $19,865,000. Perpetual Ltd boosted its holdings in Nasdaq by 132.4% in the 2nd quarter. Perpetual Ltd now owns 437,421 shares of the financial services provider’s stock worth $31,271,000 after acquiring an additional 249,201 shares during the period. Finally, Bank of Montreal Can boosted its holdings in Nasdaq by 628.6% in the 4th quarter. Bank of Montreal Can now owns 270,150 shares of the financial services provider’s stock worth $20,755,000 after acquiring an additional 233,073 shares during the period. Hedge funds and other institutional investors own 75.97% of the company’s stock.

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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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