Nasdaq Inc (NASDAQ: NDAQ) is 34.26% higher on its value in year-to-date trading and has touched a low of $52.32 and a high of $80.41 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 $79.87 in the last trading session, with the day’s loss setting it -1.81%.
Currently trading at $78.06, the stock is 2.41% and 5.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.19 million and changing -2.27% at the moment leaves the stock 20.27% off its SMA200. NDAQ registered 46.98% gain for a year compared to 6-month gain of 25.44%. The firm has a 50-day simple moving average (SMA 50) of $74.1486 and a 200-day simple moving average (SMA200) of $64.90185.
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The stock witnessed a 5.83% loss in the last 1 month and extending the period to 3 months gives it a 11.79%, and is -0.15% 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 1.98% over the week and 1.97% over the month.
Nasdaq Inc (NDAQ) has around 8525 employees, a market worth around $44.87B and $7.02B in sales. Current P/E ratio is 46.63 and Fwd P/E is 24.80. Profit margin for the company is 13.67%. Distance from 52-week low is 49.20% and -2.92% from its 52-week high. The company has generated returns on investments over the last 12 months (4.60%).
The EPS is expected to shrink by -0.93% this year
1179.0 institutions hold shares in Nasdaq Inc (NDAQ), with institutional investors hold 94.27% of the company’s shares. The shares outstanding are 575.16M, and float is at 326.18M with Short Float at 1.53%. Institutions hold 84.16% 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 purchase by ZOLLAR ALFRED W, the company’s Director. SEC filings show that ZOLLAR ALFRED W bought 2,542 shares of the company’s common stock on Nov 13 ’24 at a price of $80.24 per share for a total of $0.2 million. Following the purchase, the insider now owns 49293.0 shares.
Nasdaq Inc disclosed in a document filed with the SEC on Nov 13 ’24 that Peterson Bradley J (Executive Vice President) sold a total of 11,820 shares of the company’s common stock. The trade occurred on Nov 13 ’24 and was made at $79.58 per share for $0.94 million. Following the transaction, the insider now directly holds 0.13 million shares of the NDAQ stock.
Still, SEC filings show that on Nov 13 ’24, BRADLEY PETERSON (Officer) Proposed Sale 11,820 shares at an average price of $79.58 for $0.94 million. The insider now directly holds shares of Nasdaq Inc (NDAQ).
