Market analysts observed mixed activities among shareholders of
Nasdaq Inc. (NDAQ). Multiple business entities including Kovitz Investment Group Partners, Russell Investments Group, Aberdeen Group and Northern Trust Corp have expanded their stakes in the firm, while others like Raymond James Financial, HSBC Holdings, and Wellington Management Group reduced their holdings. However, the market sentiment appears to be largely confident as reflected in the consensus target price of $97.06 from brokerages. The company's five-year return rate stands at 138%. Nasdaq has entered into data partnership discussions with Premialab aimed at reshaping its institutional analytics ambitions. Amid all recent developments, the company's stock trades below the 50-Day Simple Moving Average, which could be a potential sign of table-turning. With the
Q2 Earnings report surpassing estimates and
revenue on an upward trajectory, investors maintained an optimistic outlook, even amidst market volatility. On a separate note, the company's recent plans to launch 24-hour trading by H2 2026 indicate its long-term strategy.
Nasdaq NDAQ News Analytics from Thu, 12 Dec 2024 08:00:00 GMT to Sat, 23 Aug 2025 20:10:38 GMT -
Rating 2
- Innovation 6
- Information 4
- Rumor -6
