Bryan Everard Smith Sells 657 Shares of Nasdaq, Inc. (NASDAQ:NDAQ) Stock

Nasdaq, Inc. (NASDAQ:NDAQ - Get Free Report) EVP Bryan Everard Smith sold 657 shares of the business's stock in a transaction dated Friday, April 4th. The shares were sold at an average price of $71.81, for a total value of $47,179.17. Following the sale, the executive vice president now owns 61,980 shares in the company, valued at approximately $4,450,783.80. The trade was a 1.05 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Bryan Everard Smith also recently made the following trade(s):

• On Monday, February 3rd, Bryan Everard Smith sold 3,500 shares of Nasdaq stock. The shares were sold at an average price of $81.56, for a total transaction of $285,460.00.

Nasdaq Stock Up 1.7 %

Shares of NASDAQ NDAQ traded up $1.23 during midday trading on Friday, hitting $71.53. The company's stock had a trading volume of 4,136,405 shares, compared to its average volume of 2,842,130. 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 firm has a market capitalization of $41.14 billion, a price-to-earnings ratio of 37.26, a price-to-earnings-growth ratio of 2.12 and a beta of 1.02. The business's fifty day simple moving average is $76.80 and its two-hundred day simple moving average is $77.42. Nasdaq, Inc. has a 1 year low of $58.10 and a 1 year high of $84.15.

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Nasdaq (NASDAQ:NDAQ - Get Free Report) last released its earnings results 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 net margin of 15.10% and a return on equity of 14.82%. On average, equities analysts predict that Nasdaq, Inc. will post 3.18 EPS for the current year.

Nasdaq Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.96 annualized dividend and a yield of 1.34%. Nasdaq's payout ratio is 50.00%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. UBS Group increased their price target on Nasdaq from $79.00 to $89.00 and gave the stock a "neutral" rating in a research report on Thursday, January 30th. Deutsche Bank Aktiengesellschaft upgraded shares of Nasdaq from a "hold" rating to a "buy" rating and boosted their target price for the company from $80.00 to $98.00 in a research note on Wednesday, January 8th. Barclays cut their price objective on Nasdaq from $95.00 to $87.00 and set an "overweight" rating for the company in a research report on Monday, April 7th. StockNews.com downgraded shares of Nasdaq from a "hold" rating to a "sell" rating in a research report on Wednesday. Finally, Raymond James boosted their price target on shares of Nasdaq from $83.00 to $84.00 and gave the stock an "outperform" rating in a research report on Thursday, January 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $85.63.

Institutional Investors Weigh In On Nasdaq

Large investors have recently bought and sold shares of the stock. Rakuten Securities Inc. acquired a new position in shares of Nasdaq during the fourth quarter worth about $26,000. Founders Capital Management purchased a new position in Nasdaq in the fourth quarter valued at approximately $27,000. Kestra Investment Management LLC acquired a new stake in Nasdaq during the fourth quarter worth approximately $33,000. Raleigh Capital Management Inc. lifted its position in shares of Nasdaq by 106.6% during the 4th quarter. Raleigh Capital Management Inc. now owns 436 shares of the financial services provider's stock worth $34,000 after buying an additional 225 shares during the last quarter. Finally, Kapitalo Investimentos Ltda acquired a new position in shares of Nasdaq in the 4th quarter valued at $37,000. Hedge funds and other institutional investors own 72.47% of the company's stock.

Nasdaq Company Profile

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.