Nasdaq, Inc. (NASDAQ: NDAQ) Executive Vice President Jeremy Skule sold 865 shares in a trade dated Monday, December 13. The shares were sold for an average price of $ 206.18, for a total value of $ 178,345.70. The transaction was disclosed in a file with the Securities & Exchange Commission, which is available on the SEC website.
Jeremy Skule also recently made the following trade (s):
- On Monday, November 15, Jeremy Skule sold 865 Nasdaq shares. The shares were sold for an average price of $ 209.10, for a total value of $ 180,871.50.
- On Wednesday, October 13, Jeremy Skule sold 865 Nasdaq shares. The shares were sold at an average price of $ 197.68, for a total trade of $ 170,993.20.
NDAQ stock traded down $ 5.75 during the midday session Tuesday, reaching $ 199.73. The company had a trading volume of 1,056,513 shares, compared to an average volume of 784,350. The company has a market capitalization of $ 33.40 billion, a P / E ratio of 29.12 and a beta of 0. 83. The company has a 50-day moving average of $ 204.79 and a two-hundred-day moving average of $ 191.84. The company has a current ratio of 0.98, a quick ratio of 0.98, and a debt ratio of 0.86. Nasdaq, Inc. has a one-year low at $ 124.28 and a one-year high at $ 214.96.
The Nasdaq (NASDAQ: NDAQ) last released its quarterly results on Tuesday, October 19. The financial services provider reported EPS of $ 1.78 for the quarter, beating the consensus estimate of $ 1.72 by $ 0.06. The company posted revenue of $ 838.00 million in the quarter, against analysts’ expectations of $ 833.05 million. The Nasdaq had a return on equity of 18.83% and a net margin of 19.56%. The company’s revenue for the quarter increased 17.2% year-over-year. In the same quarter of the previous year, the company posted EPS of $ 1.53. On average, sell-side analysts predict that Nasdaq, Inc. will post earnings per share of 7.36 for the current year.
The company also recently unveiled a quarterly dividend, which will be paid on Friday, December 17. Investors of record on Friday, December 3 will receive a dividend of $ 0.54 per share. This represents an annualized dividend of $ 2.16 and a return of 1.08%. The ex-dividend date is Thursday, December 2. The Nasdaq payout ratio is currently 31.49%.
A number of large investors have recently increased or reduced their holdings in NDAQ. Meeder Asset Management Inc. increased its stake in Nasdaq by 33.9% during the 2nd quarter. Meeder Asset Management Inc. now owns 245 shares of the financial services provider valued at $ 43,000 after purchasing 62 more shares in the last quarter. Total Clarity Wealth Management Inc. acquired a new position in the Nasdaq in the 3rd quarter for a value of approximately $ 58,000. AdvisorNet Financial Inc bought a new position in Nasdaq stocks during the third quarter valued at $ 64,000. Berman Capital Advisors LLC increased its stake in Nasdaq by 27.2% during the third quarter. Berman Capital Advisors LLC now owns 439 shares of the financial services provider valued at $ 84,000 after purchasing 94 additional shares in the last quarter. Finally, MUFG Americas Holdings Corp bought a new position in the Nasdaq during the third quarter valued at $ 95,000. 71.30% of the shares are held by hedge funds and other institutional investors.
Several analysts have commented on NDAQ shares. Morgan Stanley increased its price target for Nasdaq shares from $ 241.00 to $ 252.00 and rated the company as “overweight” in a research report published on Tuesday, October 19. Citigroup raised its price target for Nasdaq shares from $ 193.00 to $ 203.00 and gave the stock a “neutral” rating in a research report published on Tuesday, October 19. They noted that the move was an appraisal call. Rosenblatt Securities raised its price target for Nasdaq shares from $ 220.00 to $ 224.00 and rated the company “neutral” in a report released Friday. Deutsche Bank Aktiengesellschaft lowered its price target for Nasdaq shares from $ 230.00 to $ 225.00 and set a “buy” rating for the company in a report released on Thursday, October 21. Finally, Oppenheimer raised its price target for the Nasdaq stock from $ 206.00 to $ 230.00 and gave the stock an “outperformance” rating in a research report published on Wednesday, October 13. Four research analysts rated the stock with a conservation rating and seven gave the stock a buy rating. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $ 202.45.
About the Nasdaq
Nasdaq, Inc is a holding company engaged in trading, clearing, trading technology, regulation, securities listing, information, and services to public and private companies. It operates through the following segments: market services, business services, information services and market technology. The Market Services segment comprises its trading and clearing of equity derivatives, equity spot trading, FICC and business management services.
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