Nasdaq, Inc. (NDAQ) Can’t Be More Hot. Just Reaches 52-Week High

June 14, 2018 - By Tina Thibodeau

Nasdaq, Inc. (NASDAQ:NDAQ) Logo

Investors sentiment decreased to 1.09 in Q1 2018. Its down 0.13, from 1.22 in 2017Q4. It worsened, as 37 investors sold Nasdaq, Inc. shares while 135 reduced holdings. 56 funds opened positions while 131 raised stakes. 118.48 million shares or 1.22% less from 119.93 million shares in 2017Q4 were reported.
131,644 were accumulated by Prudential. Nordea Inv Ab has 0.03% invested in Nasdaq, Inc. (NASDAQ:NDAQ) for 159,908 shares. Rhumbline Advisers holds 0.04% of its portfolio in Nasdaq, Inc. (NASDAQ:NDAQ) for 228,694 shares. The Ohio-based Employees Retirement Sys Of Ohio has invested 0.02% in Nasdaq, Inc. (NASDAQ:NDAQ). Huntington Bancshares reported 28,032 shares. Horizon Kinetics Limited Liability Co has 0.03% invested in Nasdaq, Inc. (NASDAQ:NDAQ). Qs Invsts Lc, New York-based fund reported 1,133 shares. Bollard Grp Ltd reported 22,853 shares. Kornitzer Mgmt Ks reported 0.59% of its portfolio in Nasdaq, Inc. (NASDAQ:NDAQ). Teacher Retirement Sys Of Texas has 0.1% invested in Nasdaq, Inc. (NASDAQ:NDAQ) for 168,855 shares. Department Mb Bank & Trust N A has invested 0% in Nasdaq, Inc. (NASDAQ:NDAQ). Stanley holds 0.22% or 11,335 shares in its portfolio. Rafferty Asset Management Lc, a New York-based fund reported 29,086 shares. Massmutual Co Fsb Adv has 10,157 shares for 0% of their portfolio. Glob X Mgmt Limited Liability Corporation reported 5,379 shares.

Since January 12, 2018, it had 0 buys, and 9 sales for $6.73 million activity. The insider Peterson Bradley J sold 19,169 shares worth $1.55M. Griggs PC Nelson sold $90,850 worth of stock. BEGLEY CHARLENE T also sold $326,863 worth of Nasdaq, Inc. (NASDAQ:NDAQ) on Friday, February 2. Shares for $520,918 were sold by Ottersgard Lars. The insider SIBBERN BJORN sold 5,776 shares worth $508,926. Wedenborn Lars sold $192,693 worth of stock.

The stock of Nasdaq, Inc. (NASDAQ:NDAQ) hit a new 52-week high and has $102.35 target or 8.00 % above today’s $94.77 share price. The 7 months bullish chart indicates low risk for the $15.82 billion company. The 1-year high was reported on Jun, 14 by Barchart.com. If the $102.35 price target is reached, the company will be worth $1.27 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 decreased 0.11% or $0.1 during the last trading session, reaching $94.77. About 481,306 shares traded. Nasdaq, Inc. (NASDAQ:NDAQ) has risen 36.06% since June 14, 2017 and is uptrending. It has outperformed by 23.49% the S&P500.

Analysts await Nasdaq, Inc. (NASDAQ:NDAQ) to report earnings on July, 25. They expect $1.18 EPS, up 15.69 % or $0.16 from last year’s $1.02 per share. NDAQ’s profit will be $197.02 million for 20.08 P/E if the $1.18 EPS becomes a reality. After $1.24 actual EPS 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 21 analyst reports since December 21, 2017 according to SRatingsIntel. On Wednesday, January 10 the stock rating was maintained by Wells Fargo with “Hold”. Sandler O’Neill maintained it with “Buy” rating and $89.0 target in Wednesday, January 10 report. The stock of Nasdaq, Inc. (NASDAQ:NDAQ) earned “Buy” rating by Deutsche Bank on Tuesday, March 6. Sandler O’Neill maintained Nasdaq, Inc. (NASDAQ:NDAQ) on Wednesday, January 31 with “Buy” rating. Wells Fargo upgraded the shares of NDAQ in report on Monday, February 12 to “Outperform” rating. As per Wednesday, January 10, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Deutsche Bank on Thursday, March 29 with “Buy”. On Wednesday, March 28 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The company was maintained on Thursday, April 26 by UBS. The stock of Nasdaq, Inc. (NASDAQ:NDAQ) earned “Buy” rating by Sandler O’Neill on Thursday, April 12.

More notable recent Nasdaq, Inc. (NASDAQ:NDAQ) news were published by: Nasdaq.com which released: “Nasdaq (NDAQ) Up 4.7% Since Earnings Report: Can It Continue?” on May 25, 2018, also Globenewswire.com with their article: “Nasdaq Stockholm Welcomes Flexion Mobile to First North” published on June 13, 2018, Globenewswire.com published: “Nasdaq Copenhagen Welcomes Netcompany A/S To List On the Main Market” on June 07, 2018. More interesting news about Nasdaq, Inc. (NASDAQ:NDAQ) were released by: Globenewswire.com and their article: “Nasdaq Expands Hong Kong Presence with Data Center Connections” published on June 11, 2018 as well as Globenewswire.com‘s news article titled: “Nasdaq Halts Electrum Special Acquisition Corporation” with publication date: June 06, 2018.

Nasdaq, Inc. provides trading, clearing, exchange technology, regulatory, securities listing, information, and public firm services worldwide. The company has market cap of $15.82 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 21.58 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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