Truist Financial Corp Sells 18,166 Shares of Nasdaq, Inc. $NDAQ

Truist Financial Corp decreased its stake in shares of Nasdaq, Inc. (NASDAQ:NDAQ) by 4.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 372,963 shares of the financial services provider’s stock after selling 18,166 shares during the quarter. Truist Financial Corp owned about 0.07% of Nasdaq worth $32,989,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of NDAQ. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of Nasdaq by 2.3% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 4,935 shares of the financial services provider’s stock valued at $441,000 after purchasing an additional 110 shares during the last quarter. Leavell Investment Management Inc. lifted its position in shares of Nasdaq by 0.4% in the second quarter. Leavell Investment Management Inc. now owns 26,156 shares of the financial services provider’s stock worth $2,339,000 after buying an additional 116 shares in the last quarter. Fielder Capital Group LLC lifted its position in shares of Nasdaq by 3.0% in the second quarter. Fielder Capital Group LLC now owns 4,253 shares of the financial services provider’s stock worth $380,000 after buying an additional 122 shares in the last quarter. Freedom Investment Management Inc. boosted its stake in Nasdaq by 2.3% during the second quarter. Freedom Investment Management Inc. now owns 5,684 shares of the financial services provider’s stock valued at $508,000 after buying an additional 128 shares during the last quarter. Finally, Advisors Capital Management LLC grew its holdings in Nasdaq by 3.4% during the 2nd quarter. Advisors Capital Management LLC now owns 3,968 shares of the financial services provider’s stock valued at $355,000 after buying an additional 129 shares in the last quarter. 72.47% of the stock is currently owned by institutional investors.

Nasdaq News Roundup

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Q4 beat — Nasdaq reported $0.96 EPS vs. the $0.91 consensus and $1.39B revenue vs. $1.37B expected, driven by broad revenue gains across divisions; the beat supports fundamentals and valuation. Nasdaq (NDAQ) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Strong full-year results — Nasdaq reported annual results exceeding $5.2B in net revenue and $4.0B in solutions revenue, reinforcing growth in its recurring solutions businesses. Nasdaq Reports Fourth-Quarter and Full-Year 2025 Results
• Positive Sentiment: Dividend declared — Board approved a quarterly dividend of $0.27 per share (?1.1% yield), signaling cash return to shareholders and board confidence in cash flow. Nasdaq Announces Quarterly Dividend of $0.27 Per Share
• Neutral Sentiment: Analyst/price-target commentary — Recent coverage and price-target discussion may influence near-term trading and sentiment but does not change reported fundamentals. How The Latest Price Target Is Shaping The Nasdaq NDAQ Investment Story
• Neutral Sentiment: Investor materials available — Management held the earnings call and published slides/transcript and the conference materials are live for deeper review (useful for gauging segment-level outlook). Nasdaq Earnings Report & Conference Call
• Negative Sentiment: Expense outlook tweak — Management flagged higher expenses/higher expense assumptions that partially offset revenue growth; investors may worry about margin pressure and EPS durability. Nasdaq Beats Q4 Earnings & Revenue Estimates, Tweaks Expense View

Analysts Set New Price Targets

NDAQ has been the topic of several recent research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $108.00 price objective on shares of Nasdaq in a report on Thursday, October 9th. UBS Group reaffirmed a “buy” rating and set a $120.00 price target (up previously from $115.00) on shares of Nasdaq in a research note on Monday, January 12th. Morgan Stanley reiterated an “overweight” rating and set a $113.00 price objective (up previously from $111.00) on shares of Nasdaq in a research report on Thursday, January 15th. TD Cowen restated a “hold” rating on shares of Nasdaq in a report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. upped their target price on shares of Nasdaq from $111.00 to $113.00 and gave the company an “overweight” rating in a research report on Monday, January 12th. Fourteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Nasdaq currently has an average rating of “Moderate Buy” and a consensus price target of $103.67.

Insider Activity

In related news, CEO Adena T. Friedman sold 300,000 shares of Nasdaq stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $96.39, for a total transaction of $28,917,000.00. Following the completion of the sale, the chief executive officer owned 1,924,903 shares in the company, valued at $185,541,400.17. This trade represents a 13.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP John Zecca sold 4,500 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $100.01, for a total transaction of $450,045.00. Following the completion of the sale, the executive vice president directly owned 125,674 shares of the company’s stock, valued at approximately $12,568,656.74. This trade represents a 3.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 306,605 shares of company stock valued at $29,546,812. 0.70% of the stock is currently owned by company insiders.

Nasdaq Stock Performance

Shares of NASDAQ:NDAQ opened at $98.09 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $56.01 billion, a price-to-earnings ratio of 35.03, a PEG ratio of 1.47 and a beta of 1.01. Nasdaq, Inc. has a 12 month low of $64.84 and a 12 month high of $101.79. The firm’s 50-day moving average is $95.55 and its 200 day moving average is $92.56.

Nasdaq (NASDAQ:NDAQ) last released its earnings results on Thursday, January 29th. The financial services provider reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.05. Nasdaq had a return on equity of 16.28% and a net margin of 19.90%.The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Research analysts predict that Nasdaq, Inc. will post 3.18 EPS for the current year.

Nasdaq Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 16th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Monday, March 16th. Nasdaq’s dividend payout ratio (DPR) is 38.57%.

Nasdaq Company Profile

Nasdaq, Inc is a global financial technology company that operates one of the world’s leading electronic securities exchanges and provides a broad array of products and services to capital markets participants. Its core activities include operating the Nasdaq Stock Market and other trading venues, developing and supplying market technology and matching engines to exchanges and trading firms, licensing market data and indices, and offering clearing, trade execution and post-trade solutions. The company also provides market surveillance, risk management and regulatory technology used by exchanges and regulators.

Founded in 1971 by the National Association of Securities Dealers (NASD) as the first electronic stock market, Nasdaq has evolved into a diversified marketplace and technology provider.