In today’s session Nasdaq Inc (NDAQ) registered an unusually high (629) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious NDAQ increase. With 629 contracts traded and 774 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: NDAQ161216C00067500 closed last at: $1.9 or 5.6% up. About 290,055 shares traded hands. Nasdaq Inc (NASDAQ:NDAQ) has risen 0.61% since March 14, 2016 and is uptrending. It has underperformed by 5.00% the S&P500.
Analysts await Nasdaq Inc (NASDAQ:NDAQ) to report earnings on October, 27. They expect $0.93 EPS, up 5.68% or $0.05 from last year’s $0.88 per share. NDAQ’s profit will be $154.79 million for 17.85 P/E if the $0.93 EPS becomes a reality. After $0.91 actual EPS reported by Nasdaq Inc for the previous quarter, Wall Street now forecasts 2.20% EPS growth.
Nasdaq Inc (NASDAQ:NDAQ) Ratings Coverage
Out of 14 analysts covering NASDAQ OMX Group (NASDAQ:NDAQ), 8 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 57% are positive. NASDAQ OMX Group has been the topic of 31 analyst reports since August 9, 2015 according to StockzIntelligence Inc. The rating was maintained by Barclays Capital on Tuesday, August 11 with “Overweight”. Wells Fargo downgraded Nasdaq Inc (NASDAQ:NDAQ) on Friday, October 23 to “Market Perform” rating. Sterne Agee CRT initiated Nasdaq Inc (NASDAQ:NDAQ) rating on Friday, May 20. Sterne Agee CRT has “Buy” rating and $76 price target. RBC Capital Markets initiated Nasdaq Inc (NASDAQ:NDAQ) on Wednesday, December 9 with “Outperform” rating. Barclays Capital maintained Nasdaq Inc (NASDAQ:NDAQ) on Friday, April 1 with “Overweight” rating. The stock of Nasdaq Inc (NASDAQ:NDAQ) earned “Buy” rating by Deutsche Bank on Monday, July 18. Standpoint Research maintained it with “Hold” rating and $58 target price in Sunday, August 9 report. Barclays Capital maintained Nasdaq Inc (NASDAQ:NDAQ) on Thursday, October 13 with “Overweight” rating. As per Wednesday, March 23, the company rating was downgraded by Raymond James. The firm earned “Buy” rating on Wednesday, April 27 by Buckingham Research.
According to Zacks Investment Research, “Nasdaq, Inc. is a holding company which provides trading, clearing, exchange technology, regulatory, securities listing, information and public company services. The Company’s operating segments consists of Market Services, Listing Services, Information Services and Technology Solutions. Market Services segment provides equity derivative trading and clearing, cash equity trading, fixed income, currency and commodities trading and clearing, and access and broker services businesses. Information Services segment provides Data Products and Index Licensing and Services businesses. Technology Solutions segment provides Corporate Solutions and Market Technology businesses. Nasdaq, Inc., formerly known as The NASDAQ OMX Group, Inc., is headquartered in New York.”
Insitutional Activity: The institutional sentiment decreased to 1 in Q2 2016. Its down 0.05, from 1.05 in 2016Q1. The ratio turned negative, as 39 funds sold all Nasdaq Inc shares owned while 160 reduced positions. 53 funds bought stakes while 146 increased positions. They now own 121.13 million shares or 6.50% less from 129.54 million shares in 2016Q1.
Moreover, Point72 Asia (Hong Kong) has 0.04% invested in Nasdaq Inc (NASDAQ:NDAQ) for 500 shares. Korea Inv has 0.22% invested in the company for 565,200 shares. Bridgeway Management holds 26,400 shares or 0.03% of its portfolio. Denver Advisors Limited Liability holds 0.03% or 9,940 shares in its portfolio. Moreover, Commonwealth Retail Bank Of has 0.01% invested in Nasdaq Inc (NASDAQ:NDAQ) for 13,826 shares. Parametrica Mgmt Limited accumulated 0.59% or 6,042 shares. Blackrock Grp Ltd last reported 0.04% of its portfolio in the stock. First National accumulated 0.13% or 12,598 shares. Moreover, Shell Asset Mgmt has 0.03% invested in Nasdaq Inc (NASDAQ:NDAQ) for 23,045 shares. The Montana-based Da Davidson & Com has invested 0% in Nasdaq Inc (NASDAQ:NDAQ). Leavell Inv Mngmt owns 11,000 shares or 0.1% of their US portfolio. United Capital Financial Advisers Ltd Liability holds 0% or 3,692 shares in its portfolio. Pinebridge Investments Lp holds 0.1% of its portfolio in Nasdaq Inc (NASDAQ:NDAQ) for 29,431 shares. Blackrock Advsrs Limited Liability Corporation has 0.07% invested in the company for 1.13M shares. Tompkins Financial reported 2,160 shares or 0.04% of all its holdings.
Insider Transactions: Since May 26, 2016, the stock had 0 insider purchases, and 11 sales for $53.08 million net activity. The insider GREIFELD ROBERT sold $6.52 million. Shares for $1.38M were sold by KNIGHT EDWARD S. Griggs PC Nelson sold $210,626 worth of stock or 2,945 shares.
Nasdaq, Inc. , formerly The NASDAQ OMX Group, Inc., is a holding company. The company has a market cap of $11.05 billion. The Firm is a well-known provider of trading, clearing, exchange technology, regulatory, securities listing, information and public firm services across approximately six continents. It has a 23.04 P/E ratio. The Firm manages, operates and provides its services and products through four divisions: Market Services, Listing Services, Information Services and Technology Solutions.
NDAQ Company Profile
Nasdaq, Inc. (Nasdaq), formerly The NASDAQ OMX Group, Inc., incorporated on November 13, 1979, is a holding company. The Firm is a well-known provider of trading, clearing, exchange technology, regulatory, securities listing, information and public firm services across approximately six continents. The Firm manages, operates and provides its services and products through four divisions: Market Services, Listing Services, Information Services and Technology Solutions. The Company’s global offerings include trading and clearing across various asset classes, access services, data products, financial indexes, capital formation solutions, corporate solutions and market technology services and products.
Another recent and important Nasdaq Inc (NASDAQ:NDAQ) news was published by Profitconfidential.com which published an article titled: “AAPL Stock: Apple Inc. (NASDAQ: AAPL) Rally is Shaky” on October 17, 2016.
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