First Washington CORP raised its holdings in shares of Nasdaq, Inc. (NASDAQ:NDAQ – Free Report) by 64.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,074 shares of the financial services provider’s stock after buying an additional 26,406 shares during the quarter. Nasdaq comprises about 1.6% of First Washington CORP’s portfolio, making the stock its 23rd biggest holding. First Washington CORP’s holdings in Nasdaq were worth $5,694,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Empowered Funds LLC boosted its holdings in shares of Nasdaq by 3.8% during the 1st quarter. Empowered Funds LLC now owns 14,574 shares of the financial services provider’s stock worth $1,106,000 after purchasing an additional 538 shares during the last quarter. Woodline Partners LP increased its holdings in shares of Nasdaq by 40.7% in the first quarter. Woodline Partners LP now owns 34,962 shares of the financial services provider’s stock valued at $2,652,000 after purchasing an additional 10,110 shares during the last quarter. Focus Partners Wealth lifted its position in Nasdaq by 22.0% during the first quarter. Focus Partners Wealth now owns 14,351 shares of the financial services provider’s stock worth $1,089,000 after buying an additional 2,584 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in Nasdaq by 345.5% during the first quarter. Geneos Wealth Management Inc. now owns 597 shares of the financial services provider’s stock worth $45,000 after buying an additional 463 shares during the last quarter. Finally, Guggenheim Capital LLC boosted its stake in Nasdaq by 4.4% during the second quarter. Guggenheim Capital LLC now owns 11,386 shares of the financial services provider’s stock worth $1,018,000 after buying an additional 481 shares during the last quarter. 72.47% of the stock is owned by hedge funds and other institutional investors.
Nasdaq Trading Down 0.5%
Shares of NDAQ stock opened at $90.42 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $51.14 billion, a PE ratio of 27.24, a price-to-earnings-growth ratio of 1.45 and a beta of 0.99. The company has a 50-day moving average of $87.41 and a two-hundred day moving average of $88.50. Nasdaq, Inc. has a 1-year low of $76.55 and a 1-year high of $101.79.
Nasdaq Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, September 11th. Nasdaq’s dividend payout ratio is 37.35%.
Analysts Set New Price Targets
A number of analysts have issued reports on the company. Keefe, Bruyette & Woods raised their target price on Nasdaq from $92.00 to $97.00 and gave the stock a “market perform” rating in a research note on Friday, April 24th. Barclays dropped their price objective on shares of Nasdaq from $114.00 to $108.00 and set an “overweight” rating for the company in a report on Thursday, July 9th. Morgan Stanley reduced their target price on shares of Nasdaq from $116.00 to $112.00 and set an “overweight” rating on the stock in a research note on Friday, July 10th. Loop Capital set a $113.00 target price on shares of Nasdaq in a report on Friday, April 24th. Finally, Wall Street Zen raised shares of Nasdaq from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $108.00.
Get Our Latest Stock Analysis on Nasdaq
Key Stories Impacting Nasdaq
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
Insider Transactions at Nasdaq
In other news, major shareholder Ab Investor acquired 56,782 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was acquired at an average cost of $85.98 per share, with a total value of $4,882,116.36. Following the completion of the purchase, the insider owned 58,439,208 shares of the company’s stock, valued at $5,024,603,103.84. This represents a 0.10% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Bradley J. Peterson sold 7,710 shares of the stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $90.82, for a total value of $700,222.20. Following the transaction, the executive vice president directly owned 141,035 shares in the company, valued at approximately $12,808,798.70. The trade was a 5.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.60% of the company’s stock.
About Nasdaq
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.
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