Robeco Institutional Asset Management B.V. Has $137.65 Million Stake in Nasdaq, Inc. $NDAQ

Key Points

• Robeco Institutional Asset Management raised its Nasdaq stake 13.8% to 1,417,204 shares, representing about $137.65 million.
• Nasdaq beat Q4 expectations with $0.96 EPS vs. $0.92 consensus and revenue of $2.12 billion (up 13.4% YoY); analysts rate the stock a "Moderate Buy" with a $105.08 consensus price target.
• CEO Adena T. Friedman sold 300,000 shares for roughly $29.07 million (a 13.48% reduction in her ownership), and insiders have sold about 506,451 shares (~$47.14M) in the past 90 days.

Robeco Institutional Asset Management B.V. raised its holdings in Nasdaq, Inc. (NASDAQ:NDAQ - Free Report) by 13.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,417,204 shares of the financial services provider's stock after acquiring an additional 171,333 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.25% of Nasdaq worth $137,653,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Front Row Advisors LLC acquired a new position in shares of Nasdaq during the second quarter worth about $25,000. Tripletail Wealth Management LLC bought a new position in shares of Nasdaq during the third quarter worth about $27,000. Westside Investment Management Inc. grew its holdings in shares of Nasdaq by 100.0% during the third quarter. Westside Investment Management Inc. now owns 318 shares of the financial services provider's stock worth $28,000 after buying an additional 159 shares in the last quarter. West Branch Capital LLC bought a new position in shares of Nasdaq during the third quarter worth about $29,000. Finally, Salomon & Ludwin LLC bought a new position in shares of Nasdaq during the third quarter worth about $30,000. 72.47% of the stock is owned by institutional investors and hedge funds.

Nasdaq Stock Performance

Shares of NASDAQ NDAQ opened at $83.16 on Monday. The stock has a 50 day moving average price of $85.12 and a 200 day moving average price of $89.63. Nasdaq, Inc. has a 52 week low of $69.44 and a 52 week high of $101.79. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market capitalization of $47.27 billion, a PE ratio of 26.91, a price-to-earnings-growth ratio of 1.72 and a beta of 1.02.

Nasdaq (NASDAQ:NDAQ - Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The financial services provider reported $0.96 EPS for the quarter, beating the consensus estimate of $0.92 by $0.04. Nasdaq had a return on equity of 16.90% and a net margin of 21.77%.The firm had revenue of $2.12 billion during the quarter, compared to analysts' expectations of $1.37 billion. During the same period in the prior year, the firm posted $0.76 earnings per share. The business's quarterly revenue was up 13.4% compared to the same quarter last year. Analysts predict that Nasdaq, Inc. will post 3.18 earnings per share for the current fiscal year.

Nasdaq Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Monday, March 16th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $1.08 annualized dividend and a yield of 1.3%. Nasdaq's dividend payout ratio is 34.95%.

Key Headlines Impacting Nasdaq

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Analyst/market commentary views NDAQ as a buying opportunity — Seeking Alpha argues Nasdaq’s organic growth and durable revenue mix make the stock attractive after recent weakness, supporting a constructive longer‑term view. Nasdaq Remains A Buy Opportunity
• Positive Sentiment: Options trade note: a Barchart piece recommends selling out‑of‑the‑money NDAQ put options as a bullish way to set a lower entry — signals some participants see limited downside from current levels. Shorting Nasdaq, Inc. Put Options Makes Sense
• Positive Sentiment: Fundamentals: Nasdaq reported a strong quarter on Jan. 29 (EPS beat and double‑digit revenue growth — revenue rose ~13.4% YoY and EPS beat consensus), which underpins analyst projections for mid‑single‑digit to low‑double‑digit growth and supports the stock’s valuation metrics over time. (Earnings release and consensus figures reflected in recent analyst coverage.)
• Neutral Sentiment: Index announcement: Nasdaq announced Sandisk Corporation (SNDK) will join the Nasdaq‑100 (NDX) on April 20, replacing Atlassian — a routine index reconstitution item that affects index composition but has limited direct impact on NDAQ’s operating results. Sandisk to Join Nasdaq-100
• Neutral Sentiment: Market short‑interest snapshot: Nasdaq published end‑of‑month short interest across Nasdaq‑listed stocks showing a rise in aggregate short interest (March 31 settlement) to ~16.5 billion shares and a days‑to‑cover of 2.73 versus 2.42 previously — a market‑level datapoint that can increase volatility but isn’t specific to NDAQ alone. End-of-Month Short Interest
• Negative Sentiment: Data anomaly/short‑interest noise: a separate short‑interest update to April 10 shows inconsistent/zeroed figures (reported as a jump but with 0 shares and NaN change) — the noisy reporting and headlines about rising short interest can weigh on sentiment even if the underlying data are unclear.

Wall Street Analyst Weigh In

NDAQ has been the subject of a number of research reports. Royal Bank Of Canada reiterated an "outperform" rating and set a $108.00 price objective on shares of Nasdaq in a report on Friday, January 30th. TD Cowen upgraded Nasdaq from a "hold" rating to a "buy" rating and increased their price objective for the stock from $105.00 to $106.00 in a report on Thursday, February 26th. Morgan Stanley set a $116.00 price objective on Nasdaq and gave the stock an "overweight" rating in a report on Friday, January 30th. Keefe, Bruyette & Woods initiated coverage on Nasdaq in a report on Wednesday, April 8th. They set a "market perform" rating and a $92.00 price objective for the company. Finally, UBS Group reiterated a "buy" rating and set a $120.00 price objective (up from $115.00) on shares of Nasdaq in a report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Nasdaq has an average rating of "Moderate Buy" and a consensus price target of $105.08.

Insider Buying and Selling

In related news, CEO Adena T. Friedman sold 300,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $96.91, for a total transaction of $29,073,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,924,903 shares of the company's stock, valued at approximately $186,542,349.73. This represents a 13.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold 506,451 shares of company stock worth $47,142,951 over the last ninety days. Corporate insiders own 0.70% of the company's stock.

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.

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