Nasdaq, Inc. $NDAQ Stock Purchased by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer increased its Nasdaq stake by 5.5% in the third quarter, bringing its holdings to 966,378 shares valued at approximately $88.9 million. Institutional investors collectively own 72.47% of NDAQ.
• Nasdaq reported quarterly EPS of $1.04, exceeding expectations, while revenue rose 12.6% year over year to $2.39 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $113.53.
• Several Nasdaq executives have recently sold shares, including Bradley Peterson’s approximately $418,000 sale, while the company declared a quarterly dividend of $0.31 per share, equivalent to a 1.2% annual yield.

Bank Julius Baer & Co. Ltd Zurich lifted its position in Nasdaq, Inc. (NASDAQ:NDAQ - Free Report) by 5.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 966,378 shares of the financial services provider's stock after purchasing an additional 50,229 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned about 0.17% of Nasdaq worth $88,890,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CWA Asset Management Group LLC increased its stake in shares of Nasdaq by 2.9% in the third quarter. CWA Asset Management Group LLC now owns 3,831 shares of the financial services provider's stock worth $353,000 after purchasing an additional 108 shares in the last quarter. SBI Securities Co. Ltd. increased its position in shares of Nasdaq by 2.6% in the third quarter. SBI Securities Co. Ltd. now owns 4,633 shares of the financial services provider's stock valued at $426,000 after buying an additional 118 shares in the last quarter. Quantum Portfolio Management LLC grew its position in Nasdaq by 1.8% in the first quarter. Quantum Portfolio Management LLC now owns 7,144 shares of the financial services provider's stock worth $606,000 after acquiring an additional 123 shares during the period. Arkadios Wealth Advisors lifted its position in shares of Nasdaq by 2.5% during the first quarter. Arkadios Wealth Advisors now owns 5,643 shares of the financial services provider's stock worth $479,000 after purchasing an additional 137 shares in the last quarter. Finally, AlphaCentric Advisors LLC raised its holdings in Nasdaq by 5.9% during the first quarter. AlphaCentric Advisors LLC now owns 2,603 shares of the financial services provider's stock worth $221,000 after purchasing an additional 145 shares in the last quarter. 72.47% of the stock is currently owned by institutional investors.

Key Nasdaq News

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: New analyst buy rating: Erste Group Bank initiated coverage of Nasdaq with a “buy” rating, adding to the company’s positive analyst profile. The consensus rating remains “Moderate Buy,” with an average price target of $113.53. Erste Group Bank Nasdaq coverage
• Positive Sentiment: Technology expansion: Nasdaq Europe plans to launch “trajectory trading” in November. The new trading capability could strengthen Nasdaq’s market-technology offering and support future trading-related revenue. Nasdaq Europe trajectory trading
• Positive Sentiment: Solid financial momentum: Nasdaq recently reported quarterly earnings of $1.04 per share, ahead of the $1.02 consensus estimate, while revenue rose 12.6% year over year to $2.39 billion. This earnings performance supports the company’s valuation and recent share-price strength.
• Neutral Sentiment: Routine listing enforcement: Nasdaq notified Charming Medical Limited that it may be delisted and halted trading in TJGC Group while requesting additional information. These actions highlight Nasdaq’s regulatory oversight but are unlikely to materially affect NDAQ’s earnings. Charming Medical delisting
• Negative Sentiment: Insider selling: EVP Bradley Peterson sold 3,987 shares for approximately $418,000, reducing his holdings by 3.37%. A separate report also cited insider Tal Cohen selling 10,390 shares. While the executives retain substantial positions, the sales could create modest selling pressure after NDAQ’s advance. Nasdaq insider selling

Wall Street Analysts Forecast Growth

NDAQ has been the topic of several research analyst reports. Jefferies Financial Group reaffirmed a "hold" rating on shares of Nasdaq in a research note on Thursday, October 22nd. Keefe, Bruyette & Woods increased their price target on shares of Nasdaq from $92.00 to $102.00 and gave the stock a "market perform" rating in a research report on Friday, July 24th. Erste Group Bank began coverage on shares of Nasdaq in a research note on Friday. They issued a "buy" rating for the company. Morgan Stanley lifted their price objective on shares of Nasdaq from $118.00 to $132.00 and gave the company an "overweight" rating in a research note on Friday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $118.00 price target on shares of Nasdaq in a report on Friday, October 23rd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $113.53.

Insider Buying and Selling at Nasdaq

In other Nasdaq news, EVP Bradley Peterson sold 3,987 shares of the firm's stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $104.75, for a total value of $417,638.25. Following the completion of the sale, the executive vice president directly owned 114,306 shares in the company, valued at approximately $11,973,553.50. This trade represents a 3.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Jeremy Skule sold 1,125 shares of the stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $95.00, for a total value of $106,875.00. Following the completion of the sale, the executive vice president owned 96,561 shares in the company, valued at $9,173,295. This trade represents a 1.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 22,877 shares of company stock worth $2,330,505 over the last three months. Company insiders own 0.60% of the company's stock.

Nasdaq Stock Performance

NDAQ opened at $106.23 on Monday. The stock has a market cap of $58.95 billion, a price-to-earnings ratio of 29.02, a P/E/G ratio of 1.87 and a beta of 0.95. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.00 and a current ratio of 1.00. Nasdaq, Inc. has a one year low of $76.55 and a one year high of $107.93. The stock's 50 day moving average price is $95.71 and its 200-day moving average price is $90.68.

Nasdaq (NASDAQ:NDAQ - Get Free Report) last announced its earnings results on Thursday, October 22nd. The financial services provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.02. The firm had revenue of $2.39 billion for the quarter, compared to analyst estimates of $1.47 billion. Nasdaq had a return on equity of 19.03% and a net margin of 22.81%. The business's revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.88 EPS. On average, equities analysts forecast that Nasdaq, Inc. will post 4.15 EPS for the current year.

Nasdaq Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 4th will be given a $0.31 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. Nasdaq's payout ratio is currently 33.88%.

Nasdaq Profile

Nasdaq, Inc is a global financial technology and market infrastructure company best known for operating the Nasdaq Stock Market, one of the world's largest electronic stock exchanges. The company provides listing services for public companies and operates trading venues for equities, options and other financial products. Its exchange business serves companies, investors and market participants in the United States, as well as through Nasdaq's Nordic and Baltic market operations.

Beyond its exchange activities, Nasdaq provides market data, analytics, indexes and technology used by exchanges, brokers, banks, asset managers and other financial institutions.

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