Rep. April McClain Delaney Unloads Nasdaq, Inc. (NASDAQ:NDAQ) Shares

Key Points

• Rep. April McClain Delaney sold $100,001–$250,000 of Nasdaq shares on August 25, according to a September 9 disclosure. She also sold positions in several other companies, including Wabtec, Viking, Trimble and TransDigm.
• Nasdaq reported quarterly adjusted earnings of $1.07 per share, beating estimates of $0.98, while revenue rose 14.9% year over year to $2.53 billion. The company declared a quarterly dividend of $0.31, equivalent to a 1.3% annualized yield.
• Nasdaq is investing $100 million in Kraken parent Payward to advance tokenized equities and 24/7 trading infrastructure, though the potential 2027 rollout faces regulatory and execution risks. Analysts maintain a consensus “Buy” rating with a $110.30 price target.

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Nasdaq, Inc. NASDAQ: NDAQ. In a filing disclosed on September 09th, the Representative disclosed that they had sold between $100,001 and $250,000 in Nasdaq stock on August 25th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $100,001 - $250,000 in shares of Wabtec NYSE: WAB on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Viking NYSE: VIK on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Trimble NASDAQ: TRMB on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Transdigm Group NYSE: TDG on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Tractor Supply NASDAQ: TSCO on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Middleby NASDAQ: MIDD on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Teledyne Technologies NYSE: TDY on 8/25/2026.
• Sold $100,001 - $250,000 in shares of STERIS NYSE: STE on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Somnigroup International NYSE: SGI on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Signet Jewelers NYSE: SIG on 8/25/2026.

Nasdaq Price Performance

NASDAQ NDAQ opened at $92.01 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.01 and a current ratio of 1.01. The firm's 50 day moving average price is $93.99 and its 200-day moving average price is $89.40. Nasdaq, Inc. has a 52-week low of $76.55 and a 52-week high of $101.79. The company has a market cap of $51.43 billion, a PE ratio of 26.83, a P/E/G ratio of 1.64 and a beta of 0.97.

Nasdaq (NASDAQ:NDAQ - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $1.07 EPS for the quarter, topping analysts' consensus estimates of $0.98 by $0.09. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $1.46 billion. Nasdaq had a net margin of 22.60% and a return on equity of 18.38%. Nasdaq's revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.85 earnings per share. Sell-side analysts forecast that Nasdaq, Inc. will post 4.15 EPS for the current fiscal year.

Nasdaq Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, September 11th. Nasdaq's dividend payout ratio is presently 36.15%.

Insider Activity

In other Nasdaq news, EVP Bradley Peterson sold 13,000 shares of the business's stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $92.61, for a total value of $1,203,930.00. Following the completion of the transaction, the executive vice president directly owned 128,293 shares of the company's stock, valued at approximately $11,881,214.73. The trade was a 9.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Nelson Griggs sold 11,010 shares of the company's stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $96.35, for a total value of $1,060,813.50. Following the completion of the sale, the insider owned 205,001 shares in the company, valued at approximately $19,751,846.35. This represents a 5.10% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 41,797 shares of company stock valued at $3,926,319. Insiders own 0.60% of the company's stock.

Trending Headlines about Nasdaq

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Nasdaq Ventures agreed to invest $100 million in Payward, Kraken’s parent company, and plans to advance Nasdaq Equity Tokens for potential launch in 2027. The partnership could position Nasdaq to participate in 24/7 tokenized-equity trading and expand its digital-market infrastructure business. Nasdaq Deepens Relationship With Payward
• Positive Sentiment: The Payward agreement also includes a market-surveillance partnership, creating an opportunity for Nasdaq to generate recurring technology and compliance revenue across crypto, equities, derivatives, and tokenized assets. Nasdaq Invests in Kraken Parent
• Positive Sentiment: Short interest in NDAQ fell 34.2% to about 6.1 million shares as of August 31, equal to only 1.1% of shares outstanding and 2.3 days of average trading volume. The reduction suggests less bearish positioning and may provide a supportive technical signal.
• Positive Sentiment: Nasdaq’s global asset-manager survey identified private markets as the leading area of client demand, while 80% of firms reported using AI in product development. This supports potential growth for Nasdaq’s indexes, data, analytics, and eVestment businesses. Private Markets and AI Survey
• Neutral Sentiment: The survey also showed that demand is difficult to convert into scaled products: 71% of asset managers cited increasing competition, and only 26% use AI across multiple development stages. These findings highlight opportunity for Nasdaq but also execution challenges.
• Negative Sentiment: The tokenization opportunity remains several years away, with the targeted 2027 rollout dependent on regulatory approval, technology execution, and sufficient trading-volume adoption. Nasdaq’s $100 million investment may therefore weigh on near-term returns before producing material revenue.
• Negative Sentiment: Recent insider activity has been predominantly selling, including sales by CEO Adena Friedman and other executives, which may contribute to investor caution.

Institutional Trading of Nasdaq

Several large investors have recently made changes to their positions in NDAQ. Sequoia Financial Advisors LLC increased its stake in shares of Nasdaq by 16.9% in the second quarter. Sequoia Financial Advisors LLC now owns 85,621 shares of the financial services provider's stock worth $6,749,000 after acquiring an additional 12,398 shares during the period. Tidal Investments LLC boosted its holdings in Nasdaq by 2.8% in the second quarter. Tidal Investments LLC now owns 66,321 shares of the financial services provider's stock valued at $5,227,000 after purchasing an additional 1,836 shares during the last quarter. MCF Advisors LLC grew its position in Nasdaq by 187.2% during the 2nd quarter. MCF Advisors LLC now owns 899 shares of the financial services provider's stock worth $71,000 after purchasing an additional 586 shares during the period. National Pension Service raised its stake in shares of Nasdaq by 3.1% during the 2nd quarter. National Pension Service now owns 712,564 shares of the financial services provider's stock valued at $56,164,000 after buying an additional 21,416 shares during the last quarter. Finally, Capital Analysts LLC raised its stake in shares of Nasdaq by 2.9% during the 2nd quarter. Capital Analysts LLC now owns 9,073 shares of the financial services provider's stock valued at $715,000 after buying an additional 255 shares during the last quarter. 72.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on NDAQ. TD Cowen reaffirmed a "buy" rating and set a $105.00 price objective (up from $101.00) on shares of Nasdaq in a research report on Monday, July 20th. Morgan Stanley reiterated an "overweight" rating and issued a $120.00 price target on shares of Nasdaq in a research note on Friday, July 24th. Barclays reissued an "overweight" rating and issued a $111.00 price target (up from $108.00) on shares of Nasdaq in a report on Friday, July 24th. Rothschild & Co Redburn set a $110.00 price target on Nasdaq in a research note on Thursday, June 11th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Nasdaq from $92.00 to $102.00 and gave the company a "market perform" rating in a report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, Nasdaq has a consensus rating of "Buy" and a consensus price target of $110.30.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election. April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

Nasdaq Company Profile

Nasdaq, Inc NASDAQ: NDAQ operates financial markets and provides technology, data and analytics services to exchanges, brokers, institutional investors, corporations and other financial institutions. The company is best known for operating the Nasdaq Stock Market, a major U.S. equities exchange and a prominent venue for technology and growth companies.

Nasdaq's businesses include listings, trading, market data, indexes, clearing and market infrastructure solutions. Through its technology platforms, the company provides exchange operators and financial institutions with systems for trading, surveillance, risk management, regulatory compliance and other market functions.

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