Recent Research Analysts’ Ratings Changes for Nasdaq (NDAQ)

A number of research firms have changed their ratings and price targets for Nasdaq (NASDAQ: NDAQ):

• 12/20/2024 – Nasdaq had its price target raised by analysts at Keefe, Bruyette & Woods from $86.00 to $91.00. They now have an “outperform” rating on the stock.
• 12/14/2024 – Nasdaq was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 12/9/2024 – Nasdaq had its price target raised by analysts at Barclays PLC from $87.00 to $97.00. They now have an “overweight” rating on the stock.
• 12/6/2024 – Nasdaq was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 11/27/2024 – Nasdaq was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 11/25/2024 – Nasdaq is now covered by analysts at William Blair. They set an “outperform” rating on the stock.
• 11/19/2024 – Nasdaq was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 11/19/2024 – Nasdaq had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $88.00 price target on the stock.
• 11/11/2024 – Nasdaq had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $78.00 to $80.00. They now have a “hold” rating on the stock.
• 11/8/2024 – Nasdaq was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 11/5/2024 – Nasdaq had its price target raised by analysts at Argus from $76.00 to $82.00. They now have a “buy” rating on the stock.
• 10/28/2024 – Nasdaq had its price target lowered by analysts at TD Cowen from $81.00 to $80.00. They now have a “hold” rating on the stock.

Nasdaq Stock Performance

NDAQ stock traded up $0.98 during midday trading on Wednesday, hitting $78.92. 846,419 shares of the company traded hands, compared to its average volume of 2,852,864. The stock has a market capitalization of $45.36 billion, a price-to-earnings ratio of 47.26, a price-to-earnings-growth ratio of 3.12 and a beta of 0.97. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.84. Nasdaq, Inc. has a twelve month low of $54.90 and a twelve month high of $83.77. The business has a 50 day simple moving average of $78.49 and a 200-day simple moving average of $71.22.

Nasdaq (NASDAQ:NDAQ) last released its earnings results on Thursday, October 24th. The financial services provider reported $0.74 EPS for the quarter, beating the consensus estimate of $0.69 by $0.05. The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Nasdaq had a return on equity of 14.56% and a net margin of 13.67%. The business’s revenue for the quarter was up 21.9% on a year-over-year basis. During the same period last year, the firm earned $0.71 EPS. As a group, equities research analysts predict that Nasdaq, Inc. will post 2.79 earnings per share for the current year.

Nasdaq Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.22%. The ex-dividend date was Friday, December 6th. Nasdaq’s payout ratio is 57.49%.

Insider Activity at Nasdaq

In other Nasdaq news, insider Pc Nelson Griggs sold 6,000 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of $75.71, for a total transaction of $454,260.00. Following the transaction, the insider now owns 215,563 shares in the company, valued at $16,320,274.73. This trade represents a 2.71 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Bradley J. Peterson sold 13,642 shares of the firm’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $75.32, for a total transaction of $1,027,515.44. Following the transaction, the executive vice president now directly owns 142,830 shares in the company, valued at approximately $10,757,955.60. This represents a 8.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 49,459 shares of company stock valued at $3,811,808. Insiders own 0.70% of the company’s stock.

Hedge Funds Weigh In On Nasdaq

Several hedge funds have recently bought and sold shares of NDAQ. Y.D. More Investments Ltd raised its position in Nasdaq by 94.8% during the second quarter. Y.D. More Investments Ltd now owns 415 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 202 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new stake in Nasdaq in the third quarter valued at about $27,000. Crewe Advisors LLC raised its stake in Nasdaq by 164.4% during the second quarter. Crewe Advisors LLC now owns 505 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 314 shares in the last quarter. Claro Advisors LLC bought a new position in shares of Nasdaq in the third quarter worth about $33,000. Finally, Focused Wealth Management Inc acquired a new stake in shares of Nasdaq in the 3rd quarter valued at approximately $35,000. 72.47% of the stock is owned by institutional investors.

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.