3 days Ago By Defense World Staff
Nasdaq, Inc. ( NASDAQ:NDAQ – Get Free Report ) has been assigned a consensus recommendation of “Moderate Buy” from the sixteen analysts that are presently covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company.
The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $80.87. Several brokerages recently issued reports on NDAQ.
UBS Group raised their price target on Nasdaq from $73.00 to $79.00 and gave the stock a “neutral” rating in a report on Tuesday, October 8th.
Barclays raised their price target on Nasdaq from $84.00 to $87.00 and gave the stock an “overweight” rating in a report on Friday, October 25th.
Keefe, Bruyette & Woods lifted their target price on Nasdaq from $76.00 to $78.00 and gave the company an “outperform” rating in a research note on Friday, July 26th.
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.
Finally, StockNews.com raised Nasdaq from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. Check Out Our Latest Stock Analysis on NDAQ Nasdaq Trading Up 1.
3 % Nasdaq ( NASDAQ:NDAQ – Get Free Report ) last released its earnings results on Thursday, October 24th. The financial services provider reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.
69 by $0.05. The company had revenue of $1.
15 billion for the quarter, compared to the consensus estimate of $1.17 billion. Nasdaq had a return on equity of 14.
56% and a net margin of 13.67%. Nasdaq’s quarterly revenue was up 21.
9% compared to the same quarter last year. During the same quarter last year, the business posted $0.71 EPS.
On average, analysts predict that Nasdaq will post 2.78 EPS for the current year. Nasdaq Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th.
Investors of record on Friday, December 6th will be issued a $0.24 dividend. This represents a $0.
96 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Friday, December 6th.
Nasdaq’s payout ratio is 57.49%. Insider Buying and Selling In other news, EVP Bradley J.
Peterson sold 13,642 shares of Nasdaq stock in a transaction on Monday, October 28th. The stock was sold at an average price of $75.32, for a total transaction of $1,027,515.
44. Following the transaction, the executive vice president now owns 142,830 shares in the company, valued at approximately $10,757,955.60.
The trade was a 8.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website .
Also, insider Pc Nelson Griggs sold 5,742 shares of Nasdaq stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $77.34, for a total value of $444,086.
28. Following the transaction, the insider now owns 205,821 shares in the company, valued at $15,918,196.14.
This represents a 2.71 % decrease in their position. The disclosure for this sale can be found here .
Insiders have sold 37,384 shares of company stock worth $2,860,902 in the last three months. 0.70% of the stock is currently owned by insiders.
Institutional Trading of Nasdaq A number of institutional investors have recently bought and sold shares of NDAQ. Wellington Management Group LLP boosted its position in Nasdaq by 163.3% during the third quarter.
Wellington Management Group LLP now owns 38,833,510 shares of the financial services provider’s stock valued at $2,835,235,000 after purchasing an additional 24,084,154 shares during the last quarter. Mizuho Securities USA LLC boosted its position in Nasdaq by 13,532.3% during the third quarter.
Mizuho Securities USA LLC now owns 4,000,000 shares of the financial services provider’s stock valued at $292,040,000 after purchasing an additional 3,970,658 shares during the last quarter. Vanguard Group Inc. boosted its position in Nasdaq by 7.
0% during the first quarter. Vanguard Group Inc. now owns 48,239,872 shares of the financial services provider’s stock valued at $3,043,936,000 after purchasing an additional 3,173,981 shares during the last quarter.
Farallon Capital Management LLC boosted its position in Nasdaq by 28.4% during the first quarter. Farallon Capital Management LLC now owns 8,436,719 shares of the financial services provider’s stock valued at $532,357,000 after purchasing an additional 1,866,219 shares during the last quarter.
Finally, State Street Corp boosted its position in Nasdaq by 11.2% during the third quarter. State Street Corp now owns 17,951,698 shares of the financial services provider’s stock valued at $1,310,653,000 after purchasing an additional 1,811,616 shares during the last quarter.
Institutional investors and hedge funds own 72.47% of the company’s stock. About Nasdaq ( Get 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. Featured Articles Five stocks we like better than Nasdaq What is the Nikkei 225 index? Is Monolithic Power Systems a Screaming Buy After Near 40% Drop? Canadian Penny Stocks: Can They Make You Rich? Applied Materials Market Capitulates: Now is the Time to Buy Using the MarketBeat Dividend Yield Calculator 3 Ultra-High Dividend Yield Stocks for the New Year Receive News & Ratings for Nasdaq Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nasdaq and related companies with MarketBeat.
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