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

Nasdaq Inc (NASDAQ NDAQ) opened at $79.83 on Friday. Nasdaq Inc has a 12-month low of $65.98 and a 12-month high of $82.15. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a market capitalization of $13,320.00, a price-to-earnings ratio of 52.87, a PEG ratio of 1.74 and a beta of 0.79.

Nasdaq (NASDAQ:NDAQ) last posted its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.02 by $0.04. Nasdaq had a return on equity of 12.69% and a net margin of 6.72%. The business had revenue of $607.00 million for the quarter, compared to analyst estimates of $599.84 million. During the same period last year, the company earned $0.91 EPS. The firm’s revenue was up 3.8% on a year-over-year basis. research analysts anticipate that Nasdaq Inc will post 4.19 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend was Thursday, December 14th. Nasdaq’s payout ratio is presently 100.66%.

NDAQ has been the topic of a number of recent research reports. Zacks Investment Research lowered Nasdaq from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. BidaskClub upgraded Nasdaq from a “sell” rating to a “hold” rating in a research report on Saturday, January 6th. Bank of America lowered Nasdaq from a “neutral” rating to an “underperform” rating and reduced their price target for the stock from $77.00 to $75.00 in a research report on Monday, October 9th. Jefferies Group restated a “hold” rating and issued a $83.50 price target on shares of Nasdaq in a research report on Tuesday. Finally, Royal Bank of Canada set a $78.00 price target on Nasdaq and gave the stock a “hold” rating in a research report on Monday, October 16th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $81.23.

Institutional investors have recently modified their holdings of the stock. Kornitzer Capital Management Inc. KS raised its stake in Nasdaq by 2.7% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 334,786 shares of the financial services provider’s stock worth $25,969,000 after buying an additional 8,695 shares during the period. M&T Bank Corp raised its stake in Nasdaq by 2.9% during the 2nd quarter. M&T Bank Corp now owns 15,246 shares of the financial services provider’s stock worth $1,090,000 after buying an additional 431 shares during the period. TIAA CREF Investment Management LLC raised its stake in Nasdaq by 1.5% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 404,761 shares of the financial services provider’s stock worth $28,936,000 after buying an additional 5,861 shares during the period. Sapience Investments LLC acquired a new stake in Nasdaq during the 2nd quarter worth $1,358,000. Finally, Ontario Teachers Pension Plan Board raised its stake in Nasdaq by 8.8% during the 2nd quarter. Ontario Teachers Pension Plan Board now owns 94,316 shares of the financial services provider’s stock worth $6,743,000 after buying an additional 7,656 shares during the period. 75.97% of the stock is currently owned by institutional investors and hedge funds.

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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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