Nasdaq Inc. (NASDAQ:NDAQ) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $67.71 and last traded at $66.94, with a volume of 292,084 shares traded. The stock had previously closed at $67.31.

NDAQ has been the topic of a number of recent analyst reports. Raymond James Financial Inc. downgraded shares of Nasdaq from a “strong-buy” rating to an “outperform” rating and boosted their price target for the stock from $67.00 to $70.00 in a research report on Wednesday, March 23rd. Credit Suisse Group AG restated a “buy” rating and issued a $68.00 price target on shares of Nasdaq in a research report on Friday, April 1st. Barclays PLC boosted their price target on shares of Nasdaq from $67.00 to $71.00 and gave the stock an “overweight” rating in a research report on Friday, April 1st. Keefe, Bruyette & Woods boosted their price target on shares of Nasdaq from $67.00 to $68.00 and gave the stock a “market perform” rating in a research report on Friday, April 1st. Finally, Royal Bank Of Canada boosted their price target on shares of Nasdaq from $69.00 to $72.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 13th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $65.70.

The stock has a 50-day moving average price of $64.86 and a 200-day moving average price of $63.05. The stock has a market cap of $11.08 billion and a PE ratio of 20.81.

Nasdaq (NASDAQ:NDAQ) last announced its earnings results on Wednesday, April 27th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.02. During the same period in the previous year, the business posted $0.80 earnings per share. The firm earned $534 million during the quarter, compared to analysts’ expectations of $535.92 million. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. On average, analysts anticipate that Nasdaq Inc. will post $3.70 earnings per share for the current fiscal year.

In other news, Director Lars Wedenborn sold 7,677 shares of Nasdaq stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $65.50, for a total transaction of $502,843.50. Following the transaction, the director now directly owns 4,350 shares of the company’s stock, valued at approximately $284,925. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Robert Greifeld sold 147,952 shares of Nasdaq stock in a transaction dated Friday, June 10th. The shares were sold at an average price of $65.54, for a total value of $9,696,774.08. Following the transaction, the chief executive officer now directly owns 1,090,093 shares in the company, valued at $71,444,695.22. The disclosure for this sale can be found here.

Several hedge funds and institutional investors recently bought and sold shares of NDAQ. Vanguard Group Inc. boosted its position in Nasdaq by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 9,887,005 shares of the company’s stock worth $575,128,000 after buying an additional 114,855 shares during the last quarter. Schroder Investment Management Group boosted its position in Nasdaq by 11.5% in the fourth quarter. Schroder Investment Management Group now owns 1,781,436 shares of the company’s stock worth $103,626,000 after buying an additional 184,386 shares during the last quarter. Morgan Stanley boosted its position in Nasdaq by 57.3% in the fourth quarter. Morgan Stanley now owns 550,846 shares of the company’s stock worth $32,042,000 after buying an additional 200,737 shares during the last quarter. Wells Fargo & Company MN boosted its position in Nasdaq by 36.7% in the fourth quarter. Wells Fargo & Company MN now owns 497,341 shares of the company’s stock worth $28,931,000 after buying an additional 133,559 shares in the last quarter. Finally, California Public Employees Retirement System boosted its position in Nasdaq by 0.9% in the fourth quarter. California Public Employees Retirement System now owns 407,892 shares of the company’s stock worth $23,727,000 after buying an additional 3,700 shares in the last quarter.

Nasdaq, Inc (Nasdaq), formerly The NASDAQ OMX Group, Inc, is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services across approximately six continents. The Company manages, operates and provides its products and services through four segments: Market Services, Listing Services, Information Services and Technology Solutions.

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