Nasdaq, Inc. (NASDAQ:NDAQ) Shares Bought by Czech National Bank

Czech National Bank grew its stake in Nasdaq, Inc. (NASDAQ:NDAQFree Report) by 6.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 89,726 shares of the financial services provider’s stock after purchasing an additional 5,428 shares during the quarter. Czech National Bank’s holdings in Nasdaq were worth $6,937,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Catalyst Capital Advisors LLC acquired a new stake in Nasdaq during the third quarter valued at approximately $27,000. Claro Advisors LLC bought a new position in shares of Nasdaq in the 3rd quarter worth about $33,000. Focused Wealth Management Inc bought a new position in shares of Nasdaq in the 3rd quarter worth about $35,000. Peterson Financial Group Inc. acquired a new position in shares of Nasdaq in the 3rd quarter valued at about $42,000. Finally, Safe Harbor Fiduciary LLC bought a new stake in shares of Nasdaq during the 3rd quarter valued at about $52,000. Institutional investors own 72.47% of the company’s stock.

Insider Activity

In other news, insider Pc Nelson Griggs sold 5,742 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $77.34, for a total transaction of $444,086.28. Following the completion of the sale, the insider now directly owns 205,821 shares of the company’s stock, valued at $15,918,196.14. This represents a 2.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Jeremy Skule sold 12,075 shares of Nasdaq stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $78.75, for a total value of $950,906.25. Following the completion of the transaction, the executive vice president now directly owns 102,505 shares in the company, valued at $8,072,268.75. This represents a 10.54 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 49,459 shares of company stock worth $3,811,808. Insiders own 0.70% of the company’s stock.

Nasdaq Trading Up 0.1 %

Shares of Nasdaq stock opened at $76.25 on Wednesday. The business has a fifty day simple moving average of $79.29 and a 200-day simple moving average of $73.00. The firm has a market cap of $43.83 billion, a price-to-earnings ratio of 45.66, a price-to-earnings-growth ratio of 3.12 and a beta of 0.98. Nasdaq, Inc. has a fifty-two week low of $54.90 and a fifty-two week high of $83.77. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.84.

Nasdaq (NASDAQ:NDAQGet Free Report) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.05. Nasdaq had a net margin of 13.67% and a return on equity of 14.56%. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter last year, the firm posted $0.71 EPS. The business’s revenue for the quarter was up 21.9% on a year-over-year basis. On average, equities analysts forecast that Nasdaq, Inc. will post 2.79 EPS for the current fiscal year.

Nasdaq Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were issued a $0.24 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $0.96 annualized dividend and a dividend yield of 1.26%. Nasdaq’s dividend payout ratio is currently 57.49%.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Piper Sandler lifted their target price on Nasdaq from $73.00 to $80.00 and gave the company an “overweight” rating in a research note on Tuesday, October 8th. Bank of America lowered their price objective on Nasdaq from $90.00 to $88.00 and set a “buy” rating for the company in a research note on Thursday, October 3rd. The Goldman Sachs Group raised their target price on Nasdaq from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. TD Cowen lowered their price target on shares of Nasdaq from $81.00 to $80.00 and set a “hold” rating for the company in a research report on Monday, October 28th. Finally, William Blair initiated coverage on shares of Nasdaq in a report on Monday, November 25th. They issued an “outperform” rating on the stock. Five equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, Nasdaq presently has an average rating of “Moderate Buy” and a consensus price target of $85.73.

Read Our Latest Stock Report on NDAQ

Nasdaq Profile

(Free Report)

Nasdaq, Inc operates as a technology company that serves capital markets and other industries worldwide. It operates in three segments: Capital Access Platforms, Financial Technology, and Market Services. The Capital Access Platforms segment sells and distributes historical and real-time market data; and develops and licenses Nasdaq-branded indices and financial products.

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Institutional Ownership by Quarter for Nasdaq (NASDAQ:NDAQ)

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