37,906 Shares in Nasdaq, Inc. $NDAQ Acquired by Kera Capital Partners Inc.

Kera Capital Partners Inc. purchased a new position in shares of Nasdaq, Inc. (NASDAQ:NDAQ) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 37,906 shares of the financial services provider’s stock, valued at approximately $3,673,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. NBC Securities Inc. lifted its position in shares of Nasdaq by 7.8% during the 4th quarter. NBC Securities Inc. now owns 1,529 shares of the financial services provider’s stock worth $149,000 after purchasing an additional 111 shares during the last quarter. ORG Wealth Partners LLC increased its holdings in Nasdaq by 6.9% in the fourth quarter. ORG Wealth Partners LLC now owns 1,746 shares of the financial services provider’s stock valued at $170,000 after buying an additional 112 shares during the last quarter. Independent Advisor Alliance raised its stake in Nasdaq by 2.6% in the fourth quarter. Independent Advisor Alliance now owns 4,574 shares of the financial services provider’s stock valued at $444,000 after buying an additional 117 shares in the last quarter. Orgel Wealth Management LLC raised its stake in Nasdaq by 4.7% in the fourth quarter. Orgel Wealth Management LLC now owns 2,623 shares of the financial services provider’s stock valued at $255,000 after buying an additional 118 shares in the last quarter. Finally, Frank Rimerman Advisors LLC lifted its holdings in Nasdaq by 1.5% during the 4th quarter. Frank Rimerman Advisors LLC now owns 8,560 shares of the financial services provider’s stock worth $831,000 after buying an additional 128 shares during the last quarter. 72.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NDAQ has been the subject of several analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Nasdaq in a research report on Wednesday, April 22nd. Raymond James Financial reissued an “outperform” rating and set a $109.00 target price on shares of Nasdaq in a research report on Wednesday, February 25th. Wall Street Zen upgraded Nasdaq from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Barclays upped their price target on Nasdaq from $115.00 to $116.00 and gave the company an “overweight” rating in a report on Wednesday, April 8th. Finally, Loop Capital set a $113.00 price objective on shares of Nasdaq in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $107.36.

Key Stories Impacting Nasdaq

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Analysts continue to view Nasdaq favorably, with recent “Overweight” ratings and price targets that sit above the current share price, suggesting Wall Street still sees upside. Article Title
• Positive Sentiment: Nasdaq was highlighted for expanding non-trading revenue streams, strategic acquisitions, and a diversified business model, which supports longer-term growth. Article Title
• Neutral Sentiment: Nasdaq announced a rebalance of the Nasdaq-100, adding five new names including AI and space-related companies, which is operationally routine but keeps the index franchise in the spotlight. Article Title
• Neutral Sentiment: The company also announced a correction to a prior notice involving QMMM Holdings’ anticipated delisting, which is administrative and not a direct operating issue for Nasdaq itself. Article Title
• Negative Sentiment: Investor sentiment has weakened amid concerns that tokenized-stock trading and potential SEC rule changes could increase competition for traditional exchange operators like Nasdaq. Article Title
• Negative Sentiment: Valuation worries are also weighing on the stock after recent declines, with some commentary questioning whether Nasdaq’s premium multiple is still justified given the recent pullback. Article Title

Nasdaq Stock Performance

NASDAQ NDAQ opened at $82.24 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.00 and a quick ratio of 1.00. Nasdaq, Inc. has a 1 year low of $77.09 and a 1 year high of $101.79. The company has a market capitalization of $46.51 billion, a PE ratio of 24.77, a P/E/G ratio of 1.66 and a beta of 0.97. The company has a fifty day moving average of $88.84 and a two-hundred day moving average of $90.01.

Nasdaq (NASDAQ:NDAQ) last issued its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.03. Nasdaq had a return on equity of 17.51% and a net margin of 23.15%.The company had revenue of $2.14 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter last year, the company posted $0.79 earnings per share. The business’s quarterly revenue was up 13.7% compared to the same quarter last year. As a group, analysts expect that Nasdaq, Inc. will post 3.86 earnings per share for the current year.

Nasdaq Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be given a $0.31 dividend. This is a boost from Nasdaq’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Friday, June 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.5%. Nasdaq’s payout ratio is currently 37.35%.

Insider Activity

In other Nasdaq news, SVP Michelle Lynn Daly sold 1,323 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $88.82, for a total value of $117,508.86. Following the completion of the sale, the senior vice president owned 10,089 shares in the company, valued at approximately $896,104.98. The trade was a 11.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Cohen Tal sold 15,518 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $90.75, for a total value of $1,408,258.50. Following the completion of the sale, the insider directly owned 215,208 shares of the company’s stock, valued at $19,530,126. The trade was a 6.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 138,162 shares of company stock worth $11,932,913 over the last ninety days. 0.60% of the stock is owned by corporate insiders.

About Nasdaq

Nasdaq, Inc is a global financial technology company that operates one of the world’s leading electronic securities exchanges and provides a broad array of products and services to capital markets participants. Its core activities include operating the Nasdaq Stock Market and other trading venues, developing and supplying market technology and matching engines to exchanges and trading firms, licensing market data and indices, and offering clearing, trade execution and post-trade solutions. The company also provides market surveillance, risk management and regulatory technology used by exchanges and regulators.

Founded in 1971 by the National Association of Securities Dealers (NASD) as the first electronic stock market, Nasdaq has evolved into a diversified marketplace and technology provider.