The shares of Nasdaq, Inc. (NASDAQ:NDAQ) have been actively bought and sold by several major financial institutions and investment firms in a flurry of transactions. Notable moves include Nelson Griggs selling 8,000 shares and Mackenzie Financial purchasing 157,905 shares. This followed statements that future dividends would be higher than last year. Various firms, notably Twinbeech Capital and Voloridge Investment Management, have reduced their positions while others, such as California State Teachers Retirement System and Jefferies Financial Group, have bolstered theirs. Nasdaq announced Open Short Interest Positions in mid-month and by the end of the month, added to the ongoing trading activities and interest.
Furthermore, Nasdaq is enhancing its global footprint by welcoming Invego and Nordspace to the First North Market and improving the infrastructure of the Philippine Stock Exchange with its Eqlipse trading platform. Meanwhile, the Q1 earnings and revenues exceeded estimates, reflecting its operational leverage and continuous product demand, despite some shares trading below the 50-Day SMA. Nasdaq's stock has returned investors an impressive 130% over the past five years and is predicted to grow before next week's earnings release.
Nasdaq NDAQ News Analytics from Tue, 29 Oct 2024 07:00:00 GMT to Sat, 31 May 2025 22:02:38 GMT - Rating 7 - Innovation 2 - Information 8 - Rumor 4
