Y.D. More Investments Ltd Has $47,000 Stake in Nasdaq, Inc. (NASDAQ:NDAQ)

Y.D. More Investments Ltd lifted its stake in shares of Nasdaq, Inc. (NASDAQ:NDAQ) by 94.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 606 shares of the financial services provider’s stock after acquiring an additional 294 shares during the period. Y.D. More Investments Ltd’s holdings in Nasdaq were worth $47,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. B. Riley Wealth Advisors Inc. acquired a new position in shares of Nasdaq during the second quarter valued at about $291,000. Park Avenue Securities LLC raised its stake in Nasdaq by 22.0% during the 3rd quarter. Park Avenue Securities LLC now owns 6,273 shares of the financial services provider’s stock worth $458,000 after buying an additional 1,131 shares during the period. Czech National Bank boosted its holdings in Nasdaq by 16.3% in the third quarter. Czech National Bank now owns 84,298 shares of the financial services provider’s stock worth $6,155,000 after acquiring an additional 11,788 shares in the last quarter. Dynamic Advisor Solutions LLC acquired a new stake in Nasdaq in the third quarter valued at approximately $213,000. Finally, Peddock Capital Advisors LLC bought a new stake in shares of Nasdaq during the third quarter valued at approximately $207,000. 72.47% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on NDAQ shares. Deutsche Bank Aktiengesellschaft upgraded Nasdaq from a “hold” rating to a “buy” rating and increased their target price for the stock from $80.00 to $98.00 in a report on Wednesday, January 8th. JPMorgan Chase & Co. lifted their price objective on shares of Nasdaq from $88.00 to $95.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Morgan Stanley upped their target price on shares of Nasdaq from $92.00 to $93.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. TD Cowen cut their price target on Nasdaq from $81.00 to $80.00 and set a “hold” rating for the company in a research note on Monday, October 28th. Finally, William Blair initiated coverage on Nasdaq in a report on Monday, November 25th. They set an “outperform” rating for the company. Five equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $86.88.

Nasdaq Price Performance

Shares of NASDAQ:NDAQ opened at $82.86 on Thursday. Nasdaq, Inc. has a fifty-two week low of $54.90 and a fifty-two week high of $83.77. The company’s 50-day moving average is $79.54 and its 200 day moving average is $75.18. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.95 and a current ratio of 0.99. The company has a market capitalization of $47.62 billion, a P/E ratio of 43.16, a price-to-earnings-growth ratio of 2.12 and a beta of 0.99.

Nasdaq (NASDAQ:NDAQ) last released its earnings results on Wednesday, January 29th. The financial services provider reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.02. Nasdaq had a net margin of 15.10% and a return on equity of 14.82%. On average, equities research analysts forecast that Nasdaq, Inc. will post 3.17 earnings per share for the current year.

Nasdaq Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.96 annualized dividend and a dividend yield of 1.16%. Nasdaq’s payout ratio is presently 50.00%.

Insider Buying and Selling at Nasdaq

In other Nasdaq news, EVP Bryan Everard Smith sold 3,500 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $81.56, for a total transaction of $285,460.00. Following the sale, the executive vice president now owns 55,576 shares of the company’s stock, valued at $4,532,778.56. The trade was a 5.92 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Jeremy Skule sold 12,075 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $78.75, for a total value of $950,906.25. Following the completion of the transaction, the executive vice president now directly owns 102,505 shares of the company’s stock, valued at $8,072,268.75. The trade was a 10.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.70% of the company’s stock.

Nasdaq Company Profile

Nasdaq, Inc operates as a technology company that serves capital markets and other industries worldwide. It operates in three segments: Capital Access Platforms, Financial Technology, and Market Services. The Capital Access Platforms segment sells and distributes historical and real-time market data; and develops and licenses Nasdaq-branded indices and financial products.