Check Out Insider Trades For Nasdaq Inc. (NDAQ) Stock


Nasdaq Inc. (NASDAQ:NDAQ) saw a downside of -0.64% to close Tuesday at $61.92 after subtracting -$0.4 on the day. The 5-day average trading volume is 2,660,640 shares of the company’s common stock. It has gained $63.90 in the past week and touched a new high 1 time within the past 5 days. An average of 1,991,000 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,089,234.

NDAQ’s 1-month performance is 0.67% or $0.64 on its low of $60.12 reached on 01/05/23. The company’s shares have touched a 52-week low of $46.77 and high of $69.22, with the stock’s rally to the 52-week high happening on 01/18/23. YTD, NDAQ has achieved 0.93% or $0.57 and has reached a new high 7 times. However, the current price is down -10.55% from the 52-week high price.

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Insider Transactions

NDAQ stock investors last saw insider trading activity on Dec 21.SKULE JEREMY (Executive Vice President) most recently sold 2,100 shares at $60.45 per share on Dec 21. This transaction cost the insider $126,945. Executive Vice President, SKULE JEREMY, sold 2,100 shares at a price of $65.44 on Nov 21. Then, on Nov 08, Executive Vice President Peterson Bradley J sold 13,596 shares at a price of $65.00 per share. This transaction amounted to $883,740.

Valuation Metrics

NDAQ stock has a beta of 0.97. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.89 while the price-to-book (PB) in the most recent quarter is 5.18, with the price to cash flow ratio at 28.40.

Nasdaq Inc.’s quick ratio for the period ended September 29 was 1.00, with the current ratio over the same period at 1.00. As well, the company’s long term debt to equity for the quarter ending September 29 was 0.78, while the total debt to equity was 0.91.. In terms of profitability, the gross margin trailing 12 months is 58.30%. The firm’s gross profit as reported stood at $1.44 billion against revenue of $5.89 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 2.04% to $294.0 million, while revenue of $307.0 million was -4.42% off the previous quarter. Analysts expected NDAQ to announce $0.65 per share in earnings in its latest quarter, but it posted $0.68, representing a 4.60% surprise. EBITDA for the quarter stood at more than $461.0 million. Shareholders hold equity totaling $491.28 million.

Let’s look briefly at Nasdaq Inc. (NDAQ) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 46.55% to suggest the stock is trending Neutral, with historical volatility in this time period at 19.52%.

The stock’s 5-day moving average is $62.02, reflecting a -2.29% or -$1.45 change from its current price. NDAQ is currently trading +1.41% above its 20-day SMA, +3.89% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -2.66% and SMA200 by+1.19%.

Stochastic %K and %D was 52.38% and 48.38% and the average true range (ATR) pointed at 1.23. The RSI (14) points at 47.07%, while the 14-day stochastic is at 47.62% with the period’s ATR at 1.27. The stock’s 9-day MACD Oscillator is pointing at -0.44 and -0.15 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Nasdaq Inc. (NASDAQ: NDAQ), Redburn launched coverage with a Neutral rating. Analysts offering their rating for NDAQ stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate NDAQ as a “sell,”, while 8 advise that investors “Hold.” 2 analysts have rated the stock as underweight. 1 rates the stock as overweight while 8 have offered a “buy” rating.

What is NDAQ’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $55.00 and a high of $84.00, with their median price target at $67.50. Looking at these predictions, the average price target given by analysts is for Nasdaq Inc. (NDAQ) stock is $66.91.


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