Militia Capital Management LLC Makes New $555,000 Investment in Nasdaq, Inc. $NDAQ

Militia Capital Management LLC bought a new position in shares of Nasdaq, Inc. (NASDAQ:NDAQ) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,542 shares of the financial services provider’s stock, valued at approximately $555,000.

A number of other large investors have also made changes to their positions in the stock. MV Capital Management Inc. acquired a new stake in shares of Nasdaq in the fourth quarter valued at approximately $28,000. SOA Wealth Advisors LLC. acquired a new position in Nasdaq during the fourth quarter worth $34,000. Nemes Rush Group LLC acquired a new position in Nasdaq during the fourth quarter worth $35,000. Uniplan Investment Counsel Inc. purchased a new stake in Nasdaq in the 4th quarter valued at $35,000. Finally, Fideuram Asset Management Ireland dac purchased a new stake in Nasdaq in the 4th quarter valued at $37,000. 72.47% of the stock is currently owned by hedge funds and other institutional investors.

Nasdaq News Summary

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Nasdaq posted Q2 2026 earnings of $1.07 per share, topping estimates of $0.98, while revenue came in at $2.53 billion versus expectations of $1.46 billion, driven by index and fintech growth and record Market Services performance. Article Title
• Positive Sentiment: The company said second-quarter net revenue rose 15% year over year to $1.5 billion, suggesting improving operating momentum and stronger underlying demand across its businesses. Article Title
• Positive Sentiment: Nasdaq also declared a quarterly dividend of $0.31 per share, signaling continued capital returns to shareholders. Article Title
• Neutral Sentiment: Investors are also digesting the earnings call transcript and post-earnings commentary, which may provide more detail on management’s outlook, but the main market-moving catalyst is the beat-and-raise tone from the quarter. Article Title

Analyst Ratings Changes

Several research firms have recently commented on NDAQ. Rothschild & Co Redburn set a $110.00 price target on Nasdaq in a report on Thursday, June 11th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Nasdaq in a research note on Monday. Raymond James Financial reiterated an “outperform” rating and issued a $113.00 target price (up from $111.00) on shares of Nasdaq in a report on Thursday, July 9th. Barclays dropped their price target on shares of Nasdaq from $114.00 to $108.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. Finally, Morgan Stanley lowered their price target on Nasdaq from $116.00 to $112.00 and set an “overweight” rating for the company in a report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $108.00.

Insider Activity at Nasdaq

In other Nasdaq news, insider Cohen Tal sold 15,518 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $90.75, for a total transaction of $1,408,258.50. Following the sale, the insider owned 215,208 shares of the company’s stock, valued at approximately $19,530,126. This trade represents a 6.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Bradley J. Peterson sold 7,710 shares of Nasdaq stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $90.82, for a total transaction of $700,222.20. Following the sale, the executive vice president owned 141,035 shares in the company, valued at $12,808,798.70. This represents a 5.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.60% of the stock is currently owned by corporate insiders.

Nasdaq Trading Down 0.5%

Shares of NDAQ stock opened at $90.42 on Friday. Nasdaq, Inc. has a fifty-two week low of $76.55 and a fifty-two week high of $101.79. The company has a 50 day moving average price of $87.41 and a 200 day moving average price of $88.50. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market capitalization of $51.14 billion, a P/E ratio of 27.24, a price-to-earnings-growth ratio of 1.45 and a beta of 0.99.

Nasdaq (NASDAQ:NDAQ) last announced its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.09. Nasdaq had a return on equity of 17.51% and a net margin of 23.15%.The business had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $1.46 billion. During the same period last year, the firm earned $0.85 earnings per share. The company’s revenue for the quarter was up 14.9% compared to the same quarter last year. Equities research analysts predict that Nasdaq, Inc. will post 3.93 EPS for the current fiscal year.

Nasdaq Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a $0.31 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.4%. Nasdaq’s dividend payout ratio is currently 37.35%.

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.