Nasdaq, Inc. (NASDAQ:NDAQ) EVP Bryan Everard Smith Sells 3,500 Shares

Nasdaq, Inc. (NASDAQ:NDAQ - Get Free Report) EVP Bryan Everard Smith sold 3,500 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $81.56, for a total value of $285,460.00. Following the completion of the transaction, the executive vice president now owns 55,576 shares in the company, valued at $4,532,778.56. This represents a 5.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Nasdaq Stock Performance

Shares of NASDAQ:NDAQ traded down $0.94 during trading on Friday, hitting $82.82. 1,865,239 shares of the company were exchanged, compared to its average volume of 2,729,579. The company has a market cap of $47.60 billion, a PE ratio of 43.14, a P/E/G ratio of 2.15 and a beta of 0.99. Nasdaq, Inc. has a 52-week low of $54.90 and a 52-week high of $84.15. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.99 and a quick ratio of 0.95. The stock has a 50 day moving average of $79.55 and a 200 day moving average of $75.47.

Nasdaq (NASDAQ:NDAQ - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.74 by $0.02. Nasdaq had a return on equity of 14.82% and a net margin of 15.10%. As a group, equities research analysts predict that Nasdaq, Inc. will post 3.17 EPS for the current year.

Nasdaq Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend is Friday, March 14th. Nasdaq's dividend payout ratio is 50.00%.

Institutional Trading of Nasdaq

Large investors have recently modified their holdings of the business. Catalyst Capital Advisors LLC purchased a new position in Nasdaq in the 3rd quarter worth approximately $27,000. Founders Capital Management purchased a new position in Nasdaq in the fourth quarter worth $27,000. Claro Advisors LLC bought a new position in Nasdaq in the third quarter valued at $33,000. Kestra Investment Management LLC purchased a new stake in Nasdaq during the fourth quarter valued at about $33,000. Finally, Raleigh Capital Management Inc. raised its position in Nasdaq by 106.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 436 shares of the financial services provider's stock valued at $34,000 after purchasing an additional 225 shares in the last quarter. Institutional investors own 72.47% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on NDAQ shares. Royal Bank of Canada reaffirmed an "outperform" rating and set a $95.00 price objective on shares of Nasdaq in a report on Thursday, January 30th. StockNews.com upgraded shares of Nasdaq from a "sell" rating to a "hold" rating in a report on Saturday, December 14th. TD Cowen decreased their price objective on shares of Nasdaq from $81.00 to $80.00 and set a "hold" rating for the company in a research note on Monday, October 28th. Barclays cut their target price on Nasdaq from $96.00 to $95.00 and set an "overweight" rating on the stock in a research note on Thursday, January 30th. Finally, Keefe, Bruyette & Woods lifted their price target on Nasdaq from $86.00 to $91.00 and gave the stock an "outperform" rating in a report on Friday, December 20th. Five analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $86.88.

About Nasdaq

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.