Nasdaq, Inc. (NASDAQ: NDAQ) shares purchased by Carnegie Capital Asset Management LLC

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Carnegie Capital Asset Management LLC increased its stake in Nasdaq, Inc. (NASDAQ: NDAQGet a rating) by 9.5% in Q1, according to its most recent 13F filing with the Securities & Exchange Commission. The company held 1,966 shares of the financial services provider after acquiring an additional 170 shares during the period. Carnegie Capital Asset Management LLC’s Nasdaq holdings were worth $350,000 when it last filed with the SEC.

Other hedge funds have also recently changed their holdings in the company. Ellevest Inc. increased its Nasdaq position by 69.8% in the 4th quarter. Ellevest Inc. now owns 146 shares of the financial services provider valued at $31,000 after acquiring an additional 60 shares during the period. Whittier Trust Co. increased its Nasdaq position by 85.1% in Q4. Whittier Trust Co. now owns 174 shares of the financial services provider valued at $37,000 after acquiring an additional 80 shares during the period. Mascoma Wealth Management LLC acquired a new Nasdaq position in the 4th quarter valued at approximately $37,000. PrairieView Partners LLC acquired a new Nasdaq position in Q4 valued at approximately $43,000. Finally, Quent Capital LLC acquired a new Nasdaq position in Q4 valued at around $48,000. Hedge funds and other institutional investors hold 74.91% of the company’s shares.

Shares of NASDAQ: NDAQ opened at $159.28 on Friday. Nasdaq, Inc. has a 12-month low of $140.31 and a 12-month high of $214.96. The company has a debt ratio of 0.80, a current ratio of 0.92 and a quick ratio of 0.92. The company’s 50-day simple moving average is $154.21 and its 200-day simple moving average is $173.21. The company has a market capitalization of $26.23 billion, a price-to-earnings ratio of 22.85, a growth price-to-earnings ratio of 1.97 and a beta of 0.94.

Nasdaq (NASDAQ: NDAQGet a rating) last released its results on Wednesday, April 20. The financial services provider reported earnings per share (EPS) of $1.97 for the quarter, beating consensus analyst estimates of $1.93 by $0.04. The Nasdaq had a return on equity of 20.05% and a net margin of 20.31%. The company posted revenue of $892.00 million for the quarter, versus analyst estimates of $892.18 million. In the same quarter of the previous year, the company achieved EPS of $1.96. Nasdaq revenue rose 4.8% year over year. On average, stock analysts expect Nasdaq, Inc. to post earnings per share of 7.94 for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 24. Investors of record on Friday, June 10 received a dividend of $0.60. The ex-dividend date was Thursday, June 9. This represents a dividend of $2.40 on an annualized basis and a yield of 1.51%. This is a positive change from Nasdaq’s previous quarterly dividend of $0.54. The Nasdaq dividend payout ratio is currently 34.43%.

Several stock analysts have published reports on the company. Morgan Stanley lowered its target price on the Nasdaq from $245.00 to $239.00 and set an “overweight” rating on the stock in a Thursday, April 21 research report. Rosenblatt Securities raised its target price on the Nasdaq from $199.00 to $204.00 and gave the stock a “neutral” rating in a Thursday, April 21 research report. Citigroup lowered its target price on the Nasdaq from $188.00 to $184.00 in a Wednesday, April 13 research report. Deutsche Bank Aktiengesellschaft lowered its target price on the Nasdaq from $207.00 to $184.00 in a Thursday, May 19 research report. To finish, StockNews.com moved the Nasdaq from a “hold” rating to a “sell” rating in a Thursday, April 21 research report. Two equity research analysts rated the stock with a sell rating, two issued a hold rating and eight assigned the company’s stock a buy rating. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $212.27.

In other Nasdaq news, Executive Vice President Lauren B. Dillard sold 2,500 shares of the company in a trade on Tuesday, March 29. The stock was sold at an average price of $180.00, for a total value of $450,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, available via the SEC website. Also, VPE PC Nelson Griggs sold 500 shares of the company in a trade on Wednesday, April 27. The shares were sold at an average price of $161.64, for a total value of $80,820.00. Following the completion of the transaction, the executive vice president now owns 35,086 shares of the company, valued at $5,671,301.04. Disclosure of this sale can be found here. 0.60% of the shares are currently held by company insiders.

Nasdaq Profile (Get a rating)

Nasdaq, Inc operates as a technology company serving capital markets and other industries worldwide. The Market Technology segment includes the Financial Crimes Technology business, which offers Nasdaq Trade Surveillance, a SaaS solution for brokers and other market participants to help them comply with internal market surveillance rules, regulations and policies. ; Nasdaq Automated Investigator, a cloud-deployed anti-money laundering tool; and Verafin, a SaaS technology provider of financial crime management solutions.

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Institutional ownership by quarter for Nasdaq (NASDAQ:NDAQ)



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