Nasdaq, Inc. (NDAQ) on Focus After Trading At 52-Week Highs

May 23, 2018 - By Winifred Garcia

Nasdaq, Inc. (NASDAQ:NDAQ) Logo

Investors sentiment increased to 1.22 in 2017 Q4. Its up 0.07, from 1.15 in 2017Q3. It improved, as 25 investors sold Nasdaq, Inc. shares while 137 reduced holdings. 56 funds opened positions while 141 raised stakes. 119.93 million shares or 0.85% less from 120.96 million shares in 2017Q3 were reported.
8,051 were accumulated by Lmr Partners Limited Liability Partnership. Pictet Asset Management Limited reported 0.02% of its portfolio in Nasdaq, Inc. (NASDAQ:NDAQ). Spc Fin reported 32,560 shares. Moreover, Hanseatic Mgmt Inc has 0.06% invested in Nasdaq, Inc. (NASDAQ:NDAQ) for 752 shares. Sterling Mgmt Ltd Limited Liability Company reported 562,418 shares. Td Asset Mngmt holds 0.01% or 62,364 shares in its portfolio. Credit Suisse Ag holds 173,511 shares or 0.01% of its portfolio. Stanley reported 0.17% of its portfolio in Nasdaq, Inc. (NASDAQ:NDAQ). Penobscot Investment Mngmt Com Inc has invested 0.11% in Nasdaq, Inc. (NASDAQ:NDAQ). California State Teachers Retirement Sys accumulated 0.03% or 202,088 shares. Brown Brothers Harriman & Com stated it has 1,091 shares. Alphaone Investment Limited Liability Corp reported 0.05% in Nasdaq, Inc. (NASDAQ:NDAQ). Bessemer Group holds 0.66% or 2.22 million shares. Magnetar Fin Limited Liability has 21,911 shares. The New York-based Lazard Asset Management Llc has invested 0.01% in Nasdaq, Inc. (NASDAQ:NDAQ).

Since January 12, 2018, it had 0 insider buys, and 8 insider sales for $6.54 million activity. BEGLEY CHARLENE T also sold $326,863 worth of Nasdaq, Inc. (NASDAQ:NDAQ) on Friday, February 2. The insider KNIGHT EDWARD S sold 13,200 shares worth $1.05 million. Griggs PC Nelson also sold $90,850 worth of Nasdaq, Inc. (NASDAQ:NDAQ) shares. The insider Ottersgard Lars sold $520,918. SIBBERN BJORN sold $508,926 worth of Nasdaq, Inc. (NASDAQ:NDAQ) on Friday, April 27.

The stock of Nasdaq, Inc. (NASDAQ:NDAQ) hit a new 52-week high and has $97.95 target or 7.00 % above today’s $91.54 share price. The 7 months bullish chart indicates low risk for the $15.28B company. The 1-year high was reported on May, 23 by Barchart.com. If the $97.95 price target is reached, the company will be worth $1.07 billion more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.03% or $0.03 during the last trading session, reaching $91.54. About 327,186 shares traded. Nasdaq, Inc. (NASDAQ:NDAQ) has risen 18.71% since May 23, 2017 and is uptrending. It has outperformed by 7.16% the S&P500.

Analysts await Nasdaq, Inc. (NASDAQ:NDAQ) to report earnings on July, 25. They expect $1.18 earnings per share, up 15.69 % or $0.16 from last year’s $1.02 per share. NDAQ’s profit will be $197.02M for 19.39 P/E if the $1.18 EPS becomes a reality. After $1.24 actual earnings per share reported by Nasdaq, Inc. for the previous quarter, Wall Street now forecasts -4.84 % negative EPS growth.

Nasdaq, Inc. (NASDAQ:NDAQ) Ratings Coverage

Among 10 analysts covering Nasdaq Inc (NASDAQ:NDAQ), 5 have Buy rating, 1 Sell and 4 Hold. Therefore 50% are positive. Nasdaq Inc had 22 analyst reports since December 11, 2017 according to SRatingsIntel. The firm has “Neutral” rating given on Thursday, April 26 by JP Morgan. Raymond James maintained it with “Outperform” rating and $92 target in Tuesday, April 10 report. The company was maintained on Tuesday, April 10 by Jefferies. Bank of America maintained Nasdaq, Inc. (NASDAQ:NDAQ) rating on Thursday, February 1. Bank of America has “Underperform” rating and $82 target. On Monday, February 12 the stock rating was upgraded by Wells Fargo to “Outperform”. The rating was maintained by Jefferies on Tuesday, January 16 with “Hold”. The stock of Nasdaq, Inc. (NASDAQ:NDAQ) has “Buy” rating given on Tuesday, March 6 by Deutsche Bank. The firm has “Buy” rating given on Monday, December 11 by UBS. The stock of Nasdaq, Inc. (NASDAQ:NDAQ) has “Hold” rating given on Wednesday, March 28 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the shares of NDAQ in report on Wednesday, January 10 with “Hold” rating.

More notable recent Nasdaq, Inc. (NASDAQ:NDAQ) news were published by: Globenewswire.com which released: “no 23/18 Risk Parameter Update” on May 21, 2018, also Globenewswire.com with their article: “Nasdaq Reports First Quarter 2018 Results; Delivers Strong Growth in Revenues and Income” published on April 25, 2018, Nasdaq.com published: “Nasdaq (NDAQ) 1st Quarter Earnings: What to Expect” on April 24, 2018. More interesting news about Nasdaq, Inc. (NASDAQ:NDAQ) were released by: Seekingalpha.com and their article: “Nasdaq Inc. 2018 Q1 – Results – Earnings Call Slides” published on April 25, 2018 as well as Seekingalpha.com‘s news article titled: “Nasdaq (NDAQ) Q1 2018 Results – Earnings Call Transcript” with publication date: April 25, 2018.

Nasdaq, Inc. provides trading, clearing, exchange technology, regulatory, securities listing, information, and public firm services worldwide. The company has market cap of $15.28 billion. The company??s Market Services segment offers equity derivative trading and clearing; cash equity trading; fixed income and commodities trading and clearing; and trade management services. It has a 21.14 P/E ratio. This segment operates various exchanges and other marketplace facilities across various asset classes; and provides clearing, settlement, and central depository services.

Nasdaq, Inc. (NASDAQ:NDAQ) Institutional Positions Chart

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