West Family Investments Inc. Purchases New Position in Nasdaq, Inc. $NDAQ

Posted by Brenda Bartman on Aug 21st, 2026

West Family Investments Inc. purchased a new stake in Nasdaq, Inc. (NASDAQ:NDAQ – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,540 shares of the financial services provider’s stock, valued at approximately $437,000.

Several other hedge funds have also recently bought and sold shares of NDAQ. Empowered Funds LLC lifted its holdings in shares of Nasdaq by 3.8% during the first quarter. Empowered Funds LLC now owns 14,574 shares of the financial services provider’s stock valued at $1,106,000 after acquiring an additional 538 shares during the period. Woodline Partners LP boosted its stake in shares of Nasdaq by 40.7% in the 1st 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 in the last quarter. Focus Partners Wealth grew its holdings in shares of Nasdaq by 22.0% in the 1st quarter. Focus Partners Wealth now owns 14,351 shares of the financial services provider’s stock worth $1,089,000 after purchasing an additional 2,584 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of Nasdaq by 345.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 597 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 463 shares in the last quarter. Finally, Guggenheim Capital LLC increased its position in shares of Nasdaq by 4.4% during the 2nd quarter. Guggenheim Capital LLC now owns 11,386 shares of the financial services provider’s stock worth $1,018,000 after purchasing an additional 481 shares in the last quarter. 72.47% of the stock is currently owned by institutional investors and hedge funds.

Nasdaq Stock Up 1.2%

Shares of NASDAQ NDAQ opened at $97.55 on Friday. Nasdaq, Inc. has a 12-month low of $76.55 and a 12-month high of $101.79. The firm’s 50-day simple moving average is $89.66 and its 200 day simple moving average is $87.96. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.71. The company has a market cap of $54.53 billion, a price-to-earnings ratio of 28.44, a price-to-earnings-growth ratio of 1.30 and a beta of 0.97.

Nasdaq (NASDAQ:NDAQ – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.09. Nasdaq had a net margin of 22.60% and a return on equity of 18.38%. The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter last year, the company posted $0.85 EPS. The company’s quarterly revenue was up 14.9% compared to the same quarter last year. On average, research analysts expect that Nasdaq, Inc. will post 4.15 earnings per share for the current fiscal year.

Nasdaq Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be issued 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 1.3%. Nasdaq’s dividend payout ratio (DPR) is currently 36.15%.

Insider Activity at Nasdaq

In other news, major shareholder Ab Investor acquired 56,782 shares of Nasdaq stock in a transaction on Thursday, June 11th. The shares were purchased at an average price of $85.98 per share, with a total value of $4,882,116.36. Following the acquisition, the insider owned 58,439,208 shares in the company, valued at $5,024,603,103.84. This represents a 0.10% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Bradley J. Peterson sold 13,000 shares of the stock in a transaction on Friday, July 24th. The shares were sold at an average price of $92.61, for a total value of $1,203,930.00. Following the completion of the transaction, the executive vice president owned 128,293 shares in the company, valued at $11,881,214.73. The trade was a 9.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 41,797 shares of company stock valued at $3,926,319 over the last quarter. Corporate insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on NDAQ. Keefe, Bruyette & Woods boosted their price target on shares of Nasdaq from $92.00 to $102.00 and gave the company a “market perform” rating in a research report on Friday, July 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Nasdaq in a report on Monday, July 20th. Raymond James Financial reiterated an “outperform” rating and issued a $113.00 target price (up from $111.00) on shares of Nasdaq in a research note on Thursday, July 9th. Barclays reissued an “overweight” rating and issued a $111.00 target price (up from $108.00) on shares of Nasdaq in a report on Friday, July 24th. Finally, TD Cowen reaffirmed a “buy” rating and set a $105.00 price target (up from $101.00) on shares of Nasdaq in a report on Monday, July 20th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $110.30.

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About Nasdaq

(Free Report)

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.