Nasdaq Inc (NASDAQ: NDAQ) is 25.65% higher on its value in year-to-date trading and has touched a low of $46.88 and a high of $74.88 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 $73.01 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $73.05, the stock is 0.23% and 4.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.83 million and changing 0.05% at the moment leaves the stock 17.89% off its SMA200. NDAQ registered 50.34% gain for a year compared to 6-month gain of 19.11%. The firm has a 50-day simple moving average (SMA 50) of $70.3234 and a 200-day simple moving average (SMA200) of $62.04555.
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The stock witnessed a 1.35% loss in the last 1 month and extending the period to 3 months gives it a 21.83%, and is -0.84% 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 1.42% over the week and 1.61% over the month.
Nasdaq Inc (NDAQ) has around 8525 employees, a market worth around $41.98B and $6.57B in sales. Current P/E ratio is 41.97 and Fwd P/E is 23.53. Profit margin for the company is 14.42%. Distance from 52-week low is 55.82% and -2.44% from its 52-week high. The company has generated returns on investments over the last 12 months (4.61%).
with sales reaching $1.16B over the same period.The EPS is expected to shrink by -2.67% this year, but quarterly earnings will post 19.70% year-over-year. Quarterly sales are estimated to grow 24.90% in year-over-year returns.
Nasdaq Inc (NDAQ) Top Institutional Holders
1110.0 institutions hold shares in Nasdaq Inc (NDAQ), with institutional investors hold 87.16% of the company’s shares. The shares outstanding are 575.16M, and float is at 326.17M with Short Float at 1.68%. Institutions hold 77.81% of the Float.
The top institutional shareholder in the company is THOMA BRAVO, L.P. with over 85.61 million shares valued at $5.16 billion. The investor’s holdings represent 14.8767% of the NDAQ Shares outstanding. As of 2024-06-30, the second largest holder is INVESTOR AB with 58.18 million shares valued at $3.51 billion to account for 10.1107 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 48.38 million shares representing 8.4081% and valued at over $2.92 billion, while BLACKROCK INC. holds 5.792 of the shares totaling 33.33 million with a market value of $2.01 billion.
Nasdaq Inc (NDAQ) Insider Activity
The most recent transaction is an insider sale by Zecca John, the company’s Executive Vice President. SEC filings show that Zecca John sold 11,000 shares of the company’s common stock on Sep 12 ’24 at a price of $71.97 per share for a total of $0.79 million. Following the sale, the insider now owns 0.11 million shares.
Still, SEC filings show that on Aug 09 ’24, Peterson Bradley J (Executive Vice President) disposed off 40,000 shares at an average price of $67.79 for $2.71 million. The insider now directly holds 156,472 shares of Nasdaq Inc (NDAQ).