Nasdaq, Inc. $NDAQ Shares Sold by Keebeck Wealth Management

Keebeck Wealth Management cut its stake in Nasdaq, Inc. (NASDAQ:NDAQ) by 25.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,344 shares of the financial services provider’s stock after selling 10,459 shares during the quarter. Keebeck Wealth Management’s holdings in Nasdaq were worth $2,661,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of NDAQ. Vanguard Group Inc. lifted its position in Nasdaq by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 59,916,887 shares of the financial services provider’s stock worth $5,819,727,000 after acquiring an additional 268,481 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Nasdaq by 4.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 27,627,767 shares of the financial services provider’s stock worth $2,683,485,000 after acquiring an additional 1,258,964 shares during the period. State Street Corp grew its position in Nasdaq by 1.3% in the fourth quarter. State Street Corp now owns 19,878,600 shares of the financial services provider’s stock valued at $1,930,808,000 after acquiring an additional 259,408 shares in the last quarter. Geode Capital Management LLC grew its position in Nasdaq by 3.0% in the fourth quarter. Geode Capital Management LLC now owns 12,851,894 shares of the financial services provider’s stock valued at $1,243,807,000 after acquiring an additional 378,577 shares in the last quarter. Finally, Morgan Stanley raised its stake in shares of Nasdaq by 62.6% during the fourth quarter. Morgan Stanley now owns 9,266,562 shares of the financial services provider’s stock valued at $900,061,000 after purchasing an additional 3,567,843 shares during the period. Institutional investors and hedge funds own 72.47% of the company’s stock.

Nasdaq Stock Performance

Shares of NDAQ opened at $90.42 on Friday. The business’s 50 day moving average is $87.41 and its two-hundred day moving average is $88.50. Nasdaq, Inc. has a 52-week low of $76.55 and a 52-week high of $101.79. The firm has a market cap of $51.14 billion, a price-to-earnings ratio of 27.24, a PEG ratio of 1.45 and a beta of 0.99. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.71.

Nasdaq (NASDAQ:NDAQ) last released its earnings results on Thursday, July 23rd. The financial services provider reported $1.07 EPS for the quarter, beating the consensus estimate of $0.98 by $0.09. Nasdaq had a return on equity of 17.51% and a net margin of 23.15%.The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same period in the prior year, the business posted $0.85 EPS. The business’s revenue was up 14.9% on a year-over-year basis. Analysts forecast that Nasdaq, Inc. will post 3.93 EPS for the current fiscal year.

Nasdaq Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.24 annualized dividend and a yield of 1.4%. Nasdaq’s dividend payout ratio is currently 37.35%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on NDAQ shares. Loop Capital set a $113.00 target price on shares of Nasdaq in a research note on Friday, April 24th. Keefe, Bruyette & Woods lifted their price target on shares of Nasdaq from $92.00 to $97.00 and gave the stock a “market perform” rating in a research note on Friday, April 24th. Raymond James Financial reiterated an “outperform” rating and issued a $113.00 price objective (up from $111.00) on shares of Nasdaq in a report on Thursday, July 9th. Morgan Stanley decreased their price objective on shares of Nasdaq from $116.00 to $112.00 and set an “overweight” rating for the company in a research report on Friday, July 10th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Nasdaq in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $108.00.

Insider Buying and Selling at Nasdaq

In related news, major shareholder Ab Investor acquired 56,782 shares of Nasdaq stock in a transaction on Thursday, June 11th. The shares were purchased at an average cost of $85.98 per share, for a total transaction of $4,882,116.36. Following the purchase, the insider directly owned 58,439,208 shares of the company’s stock, valued at $5,024,603,103.84. The trade was a 0.10% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Cohen Tal sold 15,518 shares of the firm’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $90.75, for a total transaction of $1,408,258.50. Following the transaction, the insider directly owned 215,208 shares of the company’s stock, valued at approximately $19,530,126. This represents a 6.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.60% of the stock is currently owned by insiders.

Nasdaq News Roundup

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Nasdaq posted Q2 2026 earnings of $1.07 per share, topping estimates of $0.98, while revenue came in at $2.53 billion versus expectations of $1.46 billion, driven by index and fintech growth and record Market Services performance. Article Title
• Positive Sentiment: The company said second-quarter net revenue rose 15% year over year to $1.5 billion, suggesting improving operating momentum and stronger underlying demand across its businesses. Article Title
• Positive Sentiment: Nasdaq also declared a quarterly dividend of $0.31 per share, signaling continued capital returns to shareholders. Article Title
• Neutral Sentiment: Investors are also digesting the earnings call transcript and post-earnings commentary, which may provide more detail on management’s outlook, but the main market-moving catalyst is the beat-and-raise tone from the quarter. Article Title

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.