Nasdaq (NASDAQ:NDAQ) EVP Jeremy Skule Sells 1,125 Shares of Company Stock

Key Points

  • Insider sale: Nasdaq EVP Jeremy Skule sold 1,125 shares at an average price of $95, generating approximately $106,875. He retains 96,561 shares, valued at about $9.17 million.
  • Strong quarterly results: Nasdaq reported earnings of $1.04 per share, exceeding the $1.02 consensus estimate, while revenue rose 12.6% year over year to $2.39 billion.
  • Analyst and shareholder support: Analysts maintain a “Moderate Buy” consensus with an average price target of $110.47. Nasdaq also declared a quarterly dividend of $0.31 per share, equal to a 1.2% yield.

Nasdaq, Inc. (NASDAQ:NDAQ - Get Free Report) EVP Jeremy Skule sold 1,125 shares of Nasdaq stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $95.00, for a total value of $106,875.00. Following the sale, the executive vice president directly owned 96,561 shares in the company, valued at $9,173,295. The trade was a 1.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Jeremy Skule also recently made the following trade(s):

  • On Monday, October 12th, Jeremy Skule sold 1,125 shares of Nasdaq stock. The stock was sold at an average price of $94.13, for a total value of $105,896.25.
  • On Tuesday, September 22nd, Jeremy Skule sold 1,125 shares of Nasdaq stock. The stock was sold at an average price of $95.00, for a total value of $106,875.00.
  • On Thursday, September 10th, Jeremy Skule sold 1,125 shares of Nasdaq stock. The shares were sold at an average price of $94.22, for a total value of $105,997.50.

Nasdaq Stock Performance




Nasdaq stock opened at $103.30 on Friday. The business has a 50 day moving average of $94.75 and a 200-day moving average of $90.97. Nasdaq, Inc. has a 1 year low of $76.55 and a 1 year high of $103.39. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market capitalization of $57.74 billion, a P/E ratio of 30.12, a P/E/G ratio of 1.73 and a beta of 0.99.

Nasdaq (NASDAQ:NDAQ - Get Free Report) last issued its quarterly earnings data on Thursday, October 22nd. The financial services provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.02. Nasdaq had a net margin of 22.60% and a return on equity of 18.38%. The business had revenue of $2.39 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same quarter last year, the business earned $0.88 EPS. The firm's quarterly revenue was up 12.6% on a year-over-year basis. On average, equities research analysts predict that Nasdaq, Inc. will post 4.13 earnings per share for the current year.

Nasdaq Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 4th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, December 4th. Nasdaq's dividend payout ratio is 36.15%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on NDAQ shares. TD Cowen dropped their price target on shares of Nasdaq from $108.00 to $107.00 and set a "buy" rating for the company in a research note on Monday, October 12th. Jefferies Financial Group reissued a "hold" rating on shares of Nasdaq in a research note on Thursday. Morgan Stanley decreased their price objective on Nasdaq from $120.00 to $118.00 and set an "overweight" rating for the company in a report on Friday, October 9th. Deutsche Bank Aktiengesellschaft increased their price objective on Nasdaq from $115.00 to $116.00 and gave the company a "buy" rating in a report on Monday, October 12th. Finally, The Goldman Sachs Group raised their target price on Nasdaq from $108.00 to $109.00 and gave the stock a "buy" rating in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Nasdaq currently has a consensus rating of "Moderate Buy" and an average target price of $110.47.

Check Out Our Latest Research Report on NDAQ

Hedge Funds Weigh In On Nasdaq

Hedge funds and other institutional investors have recently made changes to their positions in the stock. CWA Asset Management Group LLC boosted its holdings in Nasdaq by 2.9% in the third quarter. CWA Asset Management Group LLC now owns 3,831 shares of the financial services provider's stock valued at $353,000 after acquiring an additional 108 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in Nasdaq by 2.6% during the 3rd quarter. SBI Securities Co. Ltd. now owns 4,633 shares of the financial services provider's stock worth $426,000 after purchasing an additional 118 shares during the last quarter. Quantum Portfolio Management LLC raised its holdings in Nasdaq by 1.8% during the 1st quarter. Quantum Portfolio Management LLC now owns 7,144 shares of the financial services provider's stock worth $606,000 after purchasing an additional 123 shares during the last quarter. Arkadios Wealth Advisors raised its holdings in Nasdaq by 2.5% during the 1st quarter. Arkadios Wealth Advisors now owns 5,643 shares of the financial services provider's stock worth $479,000 after purchasing an additional 137 shares during the last quarter. Finally, AlphaCentric Advisors LLC lifted its position in shares of Nasdaq by 5.9% in the 1st quarter. AlphaCentric Advisors LLC now owns 2,603 shares of the financial services provider's stock worth $221,000 after purchasing an additional 145 shares during the period. 72.47% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Nasdaq

Here are the key news stories impacting Nasdaq this week:

  • Positive Sentiment: Quarterly earnings beat expectations: Nasdaq reported adjusted EPS of $1.04, ahead of the $1.02 consensus estimate and up from $0.88 a year earlier. Reported revenue was $2.39 billion, while net revenue reached approximately $1.5 billion, up 13% year over year. Nasdaq Reports Third Quarter 2026 Results
  • Positive Sentiment: Recurring and technology revenue provided confidence: Annualized recurring revenue reached a record $3.4 billion, solutions revenue totaled about $1.2 billion and solutions growth was reported at 17%. Index revenue increased 39%, supported by demand for Nasdaq’s index products, while fintech and technology operations also delivered double-digit growth. NDAQ Q3 Earnings Beat Estimates
  • Positive Sentiment: Analyst support added to the favorable reaction: RBC Capital Markets issued a Buy rating following the results. Management also highlighted continued share repurchases and dividends, reinforcing the shareholder-return story. Nasdaq Gets a Buy from RBC Capital
  • Neutral Sentiment: Dividend maintained: Nasdaq declared a regular quarterly dividend of $0.31 per share, payable December 18 to shareholders of record December 4. The declaration is supportive for income-focused investors but was not a new increase. Nasdaq Announces Quarterly Dividend
  • Negative Sentiment: Insider selling remains a modest risk signal: Executive Vice President Jeremy Skule sold 1,125 shares for approximately $106,875, reducing his direct ownership by 1.15%. The transaction is small relative to his remaining stake and likely had limited influence compared with the earnings results. SEC Insider Transaction Filing

About Nasdaq

(Get Free Report)

Nasdaq, Inc is a global financial technology and market infrastructure company best known for operating the Nasdaq Stock Market, one of the world's largest electronic stock exchanges. The company provides listing services for public companies and operates trading venues for equities, options and other financial products. Its exchange business serves companies, investors and market participants in the United States, as well as through Nasdaq's Nordic and Baltic market operations.

Beyond its exchange activities, Nasdaq provides market data, analytics, indexes and technology used by exchanges, brokers, banks, asset managers and other financial institutions.

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