Munich Reinsurance Co Stock Corp in Munich Has $65.39 Million Stake in Nasdaq, Inc. $NDAQ

Munich Reinsurance Co Stock Corp in Munich boosted its position in Nasdaq, Inc. (NASDAQ:NDAQ) by 2.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 666,027 shares of the financial services provider’s stock after purchasing an additional 15,661 shares during the period. Nasdaq makes up approximately 1.6% of Munich Reinsurance Co Stock Corp in Munich’s holdings, making the stock its 24th biggest position. Munich Reinsurance Co Stock Corp in Munich’s holdings in Nasdaq were worth $65,391,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of NDAQ. Vanguard Group Inc. lifted its holdings in Nasdaq by 6.9% in the third quarter. Vanguard Group Inc. now owns 59,648,406 shares of the financial services provider’s stock valued at $5,275,902,000 after buying an additional 3,848,406 shares during the period. State Street Corp raised its holdings in shares of Nasdaq by 7.7% during the third quarter. State Street Corp now owns 19,619,192 shares of the financial services provider’s stock valued at $1,735,318,000 after purchasing an additional 1,404,348 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of Nasdaq by 4.8% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 27,627,767 shares of the financial services provider’s stock valued at $2,683,485,000 after purchasing an additional 1,258,964 shares during the period. Select Equity Group L.P. bought a new position in shares of Nasdaq during the 2nd quarter worth about $110,259,000. Finally, Qube Research & Technologies Ltd boosted its position in shares of Nasdaq by 129.0% during the 3rd quarter. Qube Research & Technologies Ltd now owns 2,159,556 shares of the financial services provider’s stock worth $191,013,000 after purchasing an additional 1,216,580 shares in the last quarter. Institutional investors and hedge funds own 72.47% of the company’s stock.

Key Nasdaq News

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Q1 results beat expectations — Nasdaq reported EPS of $0.96 vs. $0.93 expected and stronger-than-expected revenue (double-digit net revenue growth across divisions). This is the primary positive catalyst supporting the stock’s rise. Nasdaq Q1 Results
• Positive Sentiment: Dividend hike — the board raised the quarterly dividend to $0.31 (≈14.8% increase), indicating cash return commitment and supporting income-oriented investor interest. Dividend Announcement
• Positive Sentiment: Business mix and growth drivers — management highlighted AI and cloud-driven growth in Solutions and FinTech segments, providing conviction that revenue acceleration is sustainable beyond the quarter. AI & Cloud Growth
• Positive Sentiment: Analyst action — Keefe, Bruyette & Woods raised its price target to $97 (market perform), a modest supportive signal from the sell-side that implies upside from current levels. KBW Target Raise
• Neutral Sentiment: Mid-month short-interest data — Nasdaq published mid-April short interest across Nasdaq Global Market securities; overall days-to-cover ticked slightly lower to ~2.71 days. This is market-structure data rather than a direct stock-specific catalyst for NDAQ. Mid-Month Short Interest
• Neutral Sentiment: Analyst landscape is mixed but skewed positive — several firms maintain overweight/positive views and the median 6‑month target remains above the current price, which supports medium-term upside but isn’t an immediate catalyst. Analyst Targets & Ratings
• Negative Sentiment: Insider selling — disclosure shows significant insider sales in the past six months (including a large sale by CEO Adena Friedman), which can be perceived negatively by some investors even if sales have benign explanations. This could cap some near-term upside. Insider Activity
• Negative Sentiment: Mixed institutional moves — large reallocations (e.g., UBS materially cut its position while others added) increase volatility risk; big fund flows can amplify moves if followed by further rebalancing. Institutional Activity

Analysts Set New Price Targets

A number of research firms have recently issued reports on NDAQ. UBS Group reissued a “buy” rating and set a $120.00 price objective (up from $115.00) on shares of Nasdaq in a research report on Monday, January 12th. Raymond James Financial reissued an “outperform” rating and set a $109.00 price objective on shares of Nasdaq in a research report on Wednesday, February 25th. Royal Bank Of Canada restated an “outperform” rating and issued a $108.00 target price on shares of Nasdaq in a report on Friday, January 30th. JPMorgan Chase & Co. upped their target price on shares of Nasdaq from $100.00 to $101.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Finally, Barclays upped their target price on shares of Nasdaq from $115.00 to $116.00 and gave the stock an “overweight” rating in a report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Nasdaq currently has a consensus rating of “Moderate Buy” and an average price target of $107.15.

Insider Buying and Selling at Nasdaq

In other news, CEO Adena T. Friedman sold 300,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $96.91, for a total transaction of $29,073,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,924,903 shares of the company’s stock, valued at $186,542,349.73. This represents a 13.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders have sold 506,451 shares of company stock worth $47,142,951. 0.70% of the stock is owned by corporate insiders.

Nasdaq Trading Up 3.3%

NASDAQ:NDAQ opened at $89.90 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.01 and a current ratio of 1.00. The firm has a market cap of $51.10 billion, a price-to-earnings ratio of 27.08, a price-to-earnings-growth ratio of 1.88 and a beta of 1.02. Nasdaq, Inc. has a 52 week low of $74.11 and a 52 week high of $101.79. The firm has a 50-day moving average price of $85.65 and a two-hundred day moving average price of $89.61.

Nasdaq (NASDAQ:NDAQ) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $0.96 EPS for the quarter, beating the consensus estimate of $0.93 by $0.03. Nasdaq had a net margin of 23.15% and a return on equity of 17.51%. The firm had revenue of $2.14 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same quarter last year, the business posted $0.79 EPS. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. On average, equities analysts expect that Nasdaq, Inc. will post 3.82 earnings per share for the current fiscal year.

Nasdaq Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.4%. This is an increase from Nasdaq’s previous quarterly dividend of $0.27. Nasdaq’s payout ratio is currently 34.95%.

Nasdaq Company Profile

Nasdaq, Inc is a global financial technology company that operates one of the world’s leading electronic securities exchanges and provides a broad array of products and services to capital markets participants. Its core activities include operating the Nasdaq Stock Market and other trading venues, developing and supplying market technology and matching engines to exchanges and trading firms, licensing market data and indices, and offering clearing, trade execution and post-trade solutions. The company also provides market surveillance, risk management and regulatory technology used by exchanges and regulators.

Founded in 1971 by the National Association of Securities Dealers (NASD) as the first electronic stock market, Nasdaq has evolved into a diversified marketplace and technology provider.