Nasdaq· Security & Commodity Brokers, Dealers, Exchanges & Services· Inc. DE· CIK 0001120193

NDAQ

NASDAQ, INC.
$90.33 ▼ -1.46%
Prev close $91.67
Market cap$51.4B
ConsensusStrong Buy
12-mo target$108.94 (+20.6%)
▲ Bullish
Analyst conviction 9/10
Insider Selling Cluster (4 insiders)High Impact Filing (8/10)34 New Institutional Positions16 Institutional ExitsCongressional Activity (1) Traditional Finance
Snapshot
The big-picture read on NDAQ right now — valuation, ownership and activity at a glance.
Market Cap
$51.4B
Cap Size
Large Cap
Analyst Consensus
Strong Buy (88%)
Inst. Holders
50 funds
Inst. Value
$30.7B
Inst. Activity
34 buys / 16 sells
Insider Activity
$4.9M buy / $7.2M sell
Insider Net $
-$2.3M
Social Sentiment
75° Bullish
SEC Reports
16
Press Releases
12
Congressional
6 trades
Price chart 30d -8.5%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 2, 2026 other
Moderna, Inc. to Join the Nasdaq-100 Index® Beginning October 9, 2026
NEW YORK, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that Moderna, Inc.
Sep 30, 2026 Event
HSR Early Termination: Nasdaq, Inc.; LeveL Holdings, LLC
The FTC granted early termination of the HSR Act waiting period for a transaction involving Nasdaq,
Sep 22, 2026 Insider
SKULE JEREMY sold 1,125 shares
EVP, CSO @ $95.00 ($106.9K)
Sep 10, 2026 Insider
SKULE JEREMY sold 1,125 shares
EVP, CSO @ $94.22 ($106.0K)
Aug 27, 2026 Press
Nasdaq Verafin announced a partnership with Q6 Cyber to integrate dark web fraud intelligence into its anti-fraud platfo
Impact 5/10
Aug 25, 2026 Congress
April McClain Delaney sell
$100,001 - $250,000 — House
Aug 12, 2026 SEC
Three NDAQ executives (EVP/CIO, EVP/CSO, EVP/CPO) sold a total of ~$934K in open-market sales over a 7-day window. While
CLUSTER — Impact 3/10
Aug 11, 2026 SEC
Two Nasdaq executives (EVP/CIO and EVP/CPO) sold a combined $721K in open-market sales over a one-week window. At a $53.
CLUSTER — Impact 2/10
Analyst ratings buy % +1.1%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
Strong Buy 88% rate it Buy or better · 24 analysts
Strong Buy 6 25% Buy 15 63% Hold 3 13% Sell 0 0% Strong Sell 0 0%
Recent analyst actions
DateFirmActionRatingFirm rating
Oct 2, 2026Piper SandlerMAINTAINOverweight 54%
Oct 2, 2026Wells FargoINITIATEEqual-Weight 54%
Jul 24, 2026Keefe, Bruyette & WoodsMAINTAINMarket Perform 58%
Jul 24, 2026TD CowenMAINTAINBuy 56%
Jul 24, 2026BarclaysMAINTAINOverweight 54%
Jul 20, 2026TD CowenMAINTAINBuy 56%
Jul 10, 2026Morgan StanleyMAINTAINOverweight 55%
Jul 9, 2026Raymond JamesMAINTAINOutperform 54%
Jul 9, 2026BarclaysMAINTAINOverweight 54%
Jun 22, 2026TD CowenMAINTAINBuy 56%
Monthly consensus history
PeriodStr. BuyBuyHoldSellStr. SellBuy %Distribution
Sep 1, 202661530088%
Aug 1, 202661530088%
Jul 1, 202661530088%
Jun 1, 202661530088%
May 1, 202661530088%
Apr 1, 202661520091%
Mar 1, 202661520091%
Feb 1, 202661430087%
Price targets
Where 16 covering analysts think NDAQ trades over the next 12 months.
$108.94 +20.6% upside Strong Buy
Current$90.33 Low$84.00 Median$108.50 High$132.00 16 analysts
$84.00$132.00
Analyst rating Buy· 1.8/5 as of Oct 2, 2026
Social media sentiment mood +25.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
75°
Bullish
BearishNeutralBullish
10 mentions 8 bullish 1 bearish 1 neutral
Recent posts
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
16 SEC filing reports analyzed · 3 bullish, 0 bearish, 1 mixed, 12 neutral · avg impact 3.9/10.Plus 12 press releases.
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 2, 2026
other
Moderna, Inc. to Join the Nasdaq-100 Index® Beginning October 9, 2026
NEW YORK, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that Moderna, Inc. (Nasdaq: MRNA) will become a component of the Nas
Oct 1, 2026
earnings
Nasdaq to Hold Third Quarter 2026 Investor Conference Call
NEW YORK, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) has scheduled its third quarter 2026 financial results announcement.
Sep 30, 2026
Enforcement
HSR Early Termination: Nasdaq, Inc.; LeveL Holdings, LLC
The FTC granted early termination of the HSR Act waiting period for a transaction involving Nasdaq, Inc.; LeveL Holdings, LLC.
Sep 29, 2026
other
Nasdaq Calypso Launches Agentic Capabilities to Scale AI Adoption Across the Trade Lifecycle
Marks a major milestone in Nasdaq Calypso’s strategy to serve as the trusted orchestration layer connecting agents across capital market and treasury
Sep 28, 2026
contract
HSBC Adopts Nasdaq Calypso’s Enhanced Exchange-Traded Derivatives Platform
LONDON and NEW YORK, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Partnering with Nasdaq, HSBC has adopted Nasdaq Calypso for the bank’s exchange-traded derivat
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
PeriodEPS Est.RangeGrowth30d RevUp/DnRevenue#
Current Q$1.02$1.00–$1.0616.3%-0.3%11↑ 2↓$1.5B15
Next Q$1.08$1.05–$1.1212.7%-0.1%11↑ 2↓$1.5B15
Current FY$4.13$4.09–$4.1818.7%-0.1%16↑ 0↓$5.9B17
Next FY$4.68$4.55–$4.9513.2%+0.0%3↑ 0↓$6.4B17
Current-quarter EPS estimate — revision history
WhenEPS estimateChange vs now
Current$1.024—
7d ago$1.027-0.003
30d ago$1.027-0.003
60d ago$1.028-0.005
90d ago$0.985+0.039
Institutional ownership
Which big funds own NDAQ (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $30.7B total value (389,712,172 shares) as of 2026-Q2. Top holders: Erste, INVESTOR, BlackRock,. Net buying activity: 34 institutions added/increased vs 16 reduced.
Top holders — 2026-Q2
FundSharesValue% TrackedLast move
Erste Asset Management GmbH0$0.000.0%—
INVESTOR AB58,439,208$4.6B15.0%—
BlackRock, Inc.37,194,072$2.9B9.5%—
VANGUARD CAPITAL MANAGEMENT LLC31,225,614$2.5B8.0%—
WELLINGTON MANAGEMENT GROUP LLP30,332,286$2.4B7.8%—
VANGUARD PORTFOLIO MANAGEMENT LLC26,091,520$2.1B6.7%—
MASSACHUSETTS FINANCIAL SERVICES CO /MA/23,259,539$1.8B6.0%—
STATE STREET CORP20,181,861$1.6B5.2%—
GEODE CAPITAL MANAGEMENT, LLC13,121,054$1.0B3.4%—
MORGAN STANLEY11,355,733$895.1M2.9%—
Recent position changes
FundActionPrevCurrentChangeValue
NORGES BANKNEW—6,691,237—$527.4M
JPMORGAN CHASE & CODOUBLED1,612,9923,655,221+126.6%$280.9M
BARCLAYS PLCDOUBLED1,313,2953,158,184+140.5%$248.9M
JANE STREET GROUP, LLCDOUBLED103,0122,966,061+2779.3%$233.8M
D. E. Shaw & Co., Inc.ADD1,746,0912,661,995+52.5%$209.8M
Qube Research & Technologies LtdADD1,052,2401,718,572+63.3%$135.5M
CITADEL ADVISORS LLCADD946,2931,480,671+56.5%$116.7M
PRINCIPAL FINANCIAL GROUP INCTRIM2,159,5881,371,331-36.5%$108.1M
MACKENZIE FINANCIAL CORPADD649,3871,250,191+92.5%$98.5M
Neuberger Berman Group LLCTRIM2,667,8451,179,169-55.8%$92.9M
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
21 insiders, 50 transactions. Net -$2.3M — $4.9M bought, $7.2M sold.
DateInsiderTitleTypeSharesPriceValue
Sep 22, 2026SKULE JEREMYEVP, CSOSELL1,125$95.00$106.9K
Sep 10, 2026SKULE JEREMYEVP, CSOSELL1,125$94.22$106.0K
Aug 10, 2026SKULE JEREMYEVP, CSOSELL2,250$94.75$213.2K
Aug 10, 2026Griggs PC NelsonPres. Capital Access PlatformsSELL3,226$96.16$310.2K
Aug 7, 2026Peterson Bradley JEVP, CIOSELL6,000$95.55$573.3K
Aug 3, 2026Smith Bryan EverardEVP, CPOSELL1,556$95.07$147.9K
Jul 29, 2026Griggs PC NelsonPres. Capital Access PlatformsSELL11,010$96.35$1.1M
Jul 27, 2026Griggs PC NelsonPres. Capital Access PlatformsSELL11,010$93.96$1.0M
Jul 24, 2026Peterson Bradley JEVP, CIOSELL13,000$92.61$1.2M
Jul 24, 2026Griggs PC NelsonPres. Capital Access PlatformsSELL6,777$92.53$627.1K
Congressional trades
NDAQ trades disclosed by members of Congress, with disclosure delay.
2 members · 3 buys / 3 sells
DateMemberPartyChamberTypeAmountAssetDisclosed
Aug 25, 2026April McClain DelaneyDHOUSESELL$100,001 - $250,000Nasdaq IncSep 10, 2026(17d)
Apr 24, 2026April McClain DelaneyDHOUSEBUY$1,001 - $15,000Nasdaq IncMay 7, 2026(14d)
Apr 22, 2026Ro KhannaDHOUSESELL$1,001 - $15,000Nasdaq IncMay 13, 2026(22d)
Apr 13, 2026Ro KhannaDHOUSEBUY$1,001 - $15,000Nasdaq IncMay 13, 2026(31d)
Mar 24, 2026Ro KhannaDHOUSESELL$1,001 - $15,000Nasdaq IncApr 9, 2026(17d)
Feb 27, 2026April McClain DelaneyDHOUSEBUY$1,001 - $15,000Nasdaq IncMar 11, 2026(13d)
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for NDAQ.
Shares short
7,482,822
Settlement Sep 15, 2026
Change vs prior
+23.0%
Semi-monthly cycle
Days to cover
2.6
At avg daily volume
Of shares outstanding
≈1.3%
Estimate — not % of float
All NDAQ filing & press-release reports (28)