Nasdaq Inc (NASDAQ: NDAQ) is 3.25% higher on its value in year-to-date trading and has touched a low of $46.88 and a high of $64.25 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NDAQ stock was last observed hovering at around $60.19 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $60.03, the stock is -3.04% and 1.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.83 million and changing -0.27% at the moment leaves the stock 10.92% off its SMA200. NDAQ registered 8.83% gain for a year compared to 6-month gain of 21.59%.
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The stock witnessed a 0.59% loss in the last 1 month and extending the period to 3 months gives it a 6.32%, and is -5.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.38% over the week and 2.04% over the month.
Nasdaq Inc (NDAQ) has around 8525 employees, a market worth around $34.56B and $6.07B in sales. Current P/E ratio is 28.53 and Fwd P/E is 19.09. Profit margin for the company is 17.48%. Distance from 52-week low is 28.05% and -6.57% from its 52-week high. The company has generated returns on investments over the last 12 months (4.95%).
The EPS is expected to shrink by -1.14% this year.
Nasdaq Inc (NDAQ) Top Institutional Holders
The shares outstanding are 575.16M, and float is at 383.57M with Short Float at 1.24%.
Nasdaq Inc (NDAQ) Insider Activity
The most recent transaction is an insider sale by Smith Bryan Everard,the company’sExecutive Vice President. SEC filings show that Smith Bryan Everard sold 7,400 shares of the company’s common stock on Apr 01 ’24 at a price of $62.91 per share for a total of $0.47 million. Following the sale, the insider now owns 61672.0 shares.
Nasdaq Inc disclosed in a document filed with the SEC on Mar 22 ’24 that Borse Dubai LTD (10% Owner) sold a total of 31,000,000 shares of the company’s common stock. The trade occurred on Mar 22 ’24 and was made at $58.00 per share for $1.8 billion. Following the transaction, the insider now directly holds 58.34 million shares of the NDAQ stock.
Still, SEC filings show that on Mar 01 ’24, Smith Bryan Everard (Executive Vice President) disposed off 2,064 shares at an average price of $56.29 for $0.12 million. The insider now directly holds 63,528 shares of Nasdaq Inc (NDAQ).
