Nilsine Partners LLC Has $542,000 Stock Holdings in Nasdaq, Inc. (NASDAQ:NDAQ)

Nilsine Partners LLC grew its position in Nasdaq, Inc. (NASDAQ:NDAQ) by 7.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,007 shares of the financial services provider’s stock after buying an additional 507 shares during the period. Nilsine Partners LLC’s holdings in Nasdaq were worth $542,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Founders Capital Management acquired a new position in shares of Nasdaq in the 4th quarter valued at approximately $27,000. Catalyst Capital Advisors LLC acquired a new position in shares of Nasdaq in the third quarter valued at approximately $27,000. Raleigh Capital Management Inc. boosted its holdings in shares of Nasdaq by 106.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 436 shares of the financial services provider’s stock valued at $34,000 after buying an additional 225 shares during the period. Claro Advisors LLC bought a new stake in shares of Nasdaq during the third quarter worth $33,000. Finally, Focused Wealth Management Inc acquired a new stake in shares of Nasdaq during the third quarter worth $35,000. Institutional investors own 72.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on NDAQ shares. Keefe, Bruyette & Woods upped their price objective on Nasdaq from $86.00 to $91.00 and gave the stock an “outperform” rating in a research report on Friday, December 20th. Argus upped their price target on Nasdaq from $76.00 to $82.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. Royal Bank of Canada reiterated an “outperform” rating and issued a $95.00 price objective on shares of Nasdaq in a report on Thursday, January 9th. Bank of America reduced their target price on shares of Nasdaq from $90.00 to $88.00 and set a “buy” rating for the company in a report on Thursday, October 3rd. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Nasdaq from a “hold” rating to a “buy” rating and increased their price objective for the stock from $80.00 to $98.00 in a research note on Wednesday, January 8th. Five research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $85.73.

Insider Buying and Selling at Nasdaq

In other Nasdaq news, insider Pc Nelson Griggs sold 5,742 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $77.34, for a total value of $444,086.28. Following the completion of the sale, the insider now directly owns 205,821 shares of the company’s stock, valued at $15,918,196.14. The trade was a 2.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Jeremy Skule sold 12,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $77.92, for a total value of $935,040.00. Following the completion of the sale, the executive vice president now owns 114,580 shares of the company’s stock, valued at $8,928,073.60. The trade was a 9.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,817 shares of company stock worth $2,330,033 over the last three months. 0.70% of the stock is owned by insiders.

Nasdaq Price Performance

NASDAQ NDAQ opened at $81.19 on Wednesday. The company has a market cap of $46.66 billion, a PE ratio of 48.62, a price-to-earnings-growth ratio of 2.77 and a beta of 0.98. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.84. The firm’s 50-day simple moving average is $79.47 and its two-hundred day simple moving average is $74.46. Nasdaq, Inc. has a 52 week low of $54.90 and a 52 week high of $83.77.

Nasdaq Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend was Friday, December 6th. Nasdaq’s dividend payout ratio (DPR) is 57.49%.

About Nasdaq

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.