Sanctuary Advisors LLC Purchases New Stake in Nasdaq, Inc. $NDAQ

Posted by Stanley Muller on Aug 25th, 2026

Sanctuary Advisors LLC purchased a new stake in shares of Nasdaq, Inc. (NASDAQ:NDAQ – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 91,563 shares of the financial services provider’s stock, valued at approximately $7,217,000.

A number of other hedge funds have also recently modified their holdings of NDAQ. Vanguard Group Inc. raised its position in Nasdaq by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 59,916,887 shares of the financial services provider’s stock valued at $5,819,727,000 after purchasing an additional 268,481 shares during the last quarter. BlackRock Inc. bought a new stake in shares of Nasdaq in the 2nd quarter worth approximately $2,931,637,000. State Street Corp increased its stake in shares of Nasdaq by 1.3% during the fourth quarter. State Street Corp now owns 19,878,600 shares of the financial services provider’s stock valued at $1,930,808,000 after buying an additional 259,408 shares during the period. Geode Capital Management LLC increased its stake in shares of Nasdaq by 3.0% during the fourth quarter. Geode Capital Management LLC now owns 12,851,894 shares of the financial services provider’s stock valued at $1,243,807,000 after buying an additional 378,577 shares during the period. Finally, Morgan Stanley raised its holdings in shares of Nasdaq by 62.6% during the fourth quarter. Morgan Stanley now owns 9,266,562 shares of the financial services provider’s stock valued at $900,061,000 after acquiring an additional 3,567,843 shares in the last quarter. Hedge funds and other institutional investors own 72.47% of the company’s stock.

Nasdaq Trading Up 0.6%

NASDAQ NDAQ opened at $98.79 on Tuesday. The firm has a market capitalization of $55.22 billion, a PE ratio of 28.80, a P/E/G ratio of 1.30 and a beta of 0.96. The stock’s 50 day moving average is $90.00 and its 200 day moving average is $88.05. Nasdaq, Inc. has a twelve month low of $76.55 and a twelve month high of $101.79. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.71.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.09. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $1.46 billion. Nasdaq had a return on equity of 18.38% and a net margin of 22.60%.The firm’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.85 earnings per share. Research analysts forecast that Nasdaq, Inc. will post 4.15 earnings per share for the current fiscal year.

Nasdaq Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders 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 1.3%. Nasdaq’s dividend payout ratio is currently 36.15%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Rothschild & Co Redburn set a $110.00 price target on shares of Nasdaq in a report on Thursday, June 11th. Zacks Research upgraded shares of Nasdaq from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Keefe, Bruyette & Woods raised their target price on shares of Nasdaq from $92.00 to $102.00 and gave the stock a “market perform” rating in a research report on Friday, July 24th. Raymond James Financial reaffirmed an “outperform” rating and set a $113.00 target price (up from $111.00) on shares of Nasdaq in a research note on Thursday, July 9th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Nasdaq in a research report on Monday, July 20th. Two investment 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 MarketBeat, Nasdaq presently has a consensus rating of “Buy” and a consensus price target of $110.30.

View Our Latest Stock Analysis on NDAQ

Insider Buying and Selling

In related news, EVP Bradley J. Peterson sold 13,000 shares of the stock in a transaction dated 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 directly owned 128,293 shares in the company, valued at $11,881,214.73. This trade represents a 9.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Pc Nelson Griggs sold 11,010 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $96.35, for a total transaction of $1,060,813.50. Following the sale, the insider directly owned 205,001 shares in the company, valued at $19,751,846.35. The trade was a 5.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 41,797 shares of company stock worth $3,926,319 in the last three months. 0.60% of the stock is owned by corporate insiders.

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.