Insider Cluster (13 insiders) ·Filed Jun 15, 2026
Insider cluster: 2 insiders, $5.1M total
Actionable Insight • Neutral
This cluster is too small relative to NDAQ's $50B market cap to be informative. Monitor for larger insider moves or upcoming earnings for trading signals.
Final — all horizons settled through T+60d
NDAQ ▲ +3.05% at T+60d
NEUTRAL call ✓ call won +3.05% · α vs SPY +2.05% · entry $89.29 → $92.01
T+1d
-6.72%
call -6.72% · α -5.47%
$83.29
settled 4mo ago
T+5d
-7.62%
call -7.62% · α -5.38%
$82.49
settled 3mo ago
T+20d
-1.43%
call -1.43% · α -1.63%
$88.01
settled 3mo ago
T+60d
+3.05%
call +3.05% · α +2.05%
$92.01
settled 22d ago
Price Chart
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Executive Summary
Investor AB, a 10% owner, purchased $4.88M of NDAQ shares, while an EVP sold $261K in open-market trades. The total open-market activity is only ~0.01% of NDAQ's $50.3B market cap, making it trivial. Director grants and tax withholdings are non-cash and routine. No material signal for traders.
Key Financial Metrics
Direction
mixed
Total Value
$5.1M
Insiders
13
Key Facts
- Investor AB (10% owner) bought 56,782 shares at $85.98 for $4.88M on 2026-06-11.
- EVP/CPO Smith Bryan Everard sold 3,000 shares at $86.91 for $261K on 2026-06-11.
- 11 directors received non-cash stock grants totaling ~42,549 shares on 2026-06-10, with associated tax-withholding surrenders.
- Total open-market value ($5.14M) is ~0.01% of NDAQ's $50.3B market cap.
Financial Impact
Negligible — $5.14M in open-market trades is ~0.01% of market cap.
dilutionownership
Risk Factors
- No material risk from this filing.
Market Snapshot
Exchange
Nasdaq
Sector
Security & Commodity Brokers, Dealers, Exchanges & Services
Analyst Consensus
88% bullish (24 analysts)
Investment Themes
Traditional Finance
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NDAQ-1781555471910 |
28 reports for NDAQ
80% Hit rate best @ T+20▲ +7.89%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 27, 2026 5w ago | Press Release | $99.35 $94.55 | ▼ −4.83% | ▼ −4.32% | $90.33 (−9.08%) |
Aug 12, 2026 7w ago | Insider Cluster | $97.59 $91.19 | ▼ −6.56% | ▼ −4.81% | $90.33 (−7.44%) |
Aug 11, 2026 7w ago | Insider Cluster | $95.66 $92.01 | ▼ −3.82% | ▼ −1.92% | $90.33 (−5.57%) |
Aug 5, 2026 8w ago | Insider Cluster | $94.56 $95.72 | ▲ +1.23% | ▲ +1.83% | $90.33 (−4.47%) |
Aug 3, 2026 8w ago | Press Release | $93.62 $97.54 | ▲ +4.19% | ▲ +5.43% | $90.33 (−3.51%) |
Aug 3, 2026 8w ago | Press Release | $93.62 $97.54 | ▲ +4.19% | ▲ +5.43% | $90.33 (−3.51%) |
Jul 31, 2026 9w ago | Insider Cluster | $94.19 $99.31 | ▲ +5.44% | ▲ +2.45% | $90.33 (−4.10%) |
Jul 28, 2026 9w ago | Insider Cluster | $95.96 $98.73 | ▲ +2.89% | ▼ −0.49% | $90.33 (−5.87%) |
Jul 23, 2026 10w ago | 8-K | $90.42 $97.55 | ▲ +7.89% | ▲ +4.58% | $90.33 (−0.10%) |
Jul 20, 2026 10w ago | Press Release | $91.87 $96.68 | ▲ +5.24% | ▲ +1.11% | $90.33 (−1.68%) |
Showing 10 of 28
US Market Status
Market Closed — Opens Mon (65h 1m)
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