Crossmark Global Holdings Inc. Trims Stock Position in Nasdaq, Inc. $NDAQ

Posted by Brian Himes on May 12th, 2026

Crossmark Global Holdings Inc. lowered its stake in shares of Nasdaq, Inc. (NASDAQ:NDAQ – Free Report) by 27.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 28,852 shares of the financial services provider’s stock after selling 10,650 shares during the period. Crossmark Global Holdings Inc.’s holdings in Nasdaq were worth $2,802,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. NBC Securities Inc. raised its stake in shares of Nasdaq by 7.8% during the 4th quarter. NBC Securities Inc. now owns 1,529 shares of the financial services provider’s stock valued at $149,000 after buying an additional 111 shares during the last quarter. ORG Wealth Partners LLC raised its stake in shares of Nasdaq by 6.9% during the 4th quarter. ORG Wealth Partners LLC now owns 1,746 shares of the financial services provider’s stock valued at $170,000 after buying an additional 112 shares during the last quarter. Orgel Wealth Management LLC raised its stake in shares of Nasdaq by 4.7% during the 4th quarter. Orgel Wealth Management LLC now owns 2,623 shares of the financial services provider’s stock valued at $255,000 after buying an additional 118 shares during the last quarter. Frank Rimerman Advisors LLC raised its stake in shares of Nasdaq by 1.5% during the 4th quarter. Frank Rimerman Advisors LLC now owns 8,560 shares of the financial services provider’s stock valued at $831,000 after buying an additional 128 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC raised its stake in shares of Nasdaq by 5.2% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 2,713 shares of the financial services provider’s stock valued at $264,000 after buying an additional 133 shares during the last quarter. Hedge funds and other institutional investors own 72.47% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on NDAQ. Argus upgraded Nasdaq to a “strong-buy” rating in a research note on Wednesday, February 11th. JPMorgan Chase & Co. lifted their price target on Nasdaq from $100.00 to $101.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. UBS Group restated a “buy” rating and issued a $120.00 price target (up from $115.00) on shares of Nasdaq in a research note on Monday, January 12th. Wall Street Zen upgraded Nasdaq from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Nasdaq in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Nasdaq has an average rating of “Moderate Buy” and a consensus target price of $107.15.

View Our Latest Analysis on Nasdaq

Insider Transactions at Nasdaq

In other Nasdaq news, EVP Bradley J. Peterson sold 7,710 shares of the business’s stock in a transaction that occurred 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 completion of the sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Michelle Lynn Daly sold 1,323 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $88.82, for a total value of $117,508.86. Following the sale, the senior vice president owned 10,089 shares of the company’s stock, valued at approximately $896,104.98. This trade represents a 11.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 231,002 shares of company stock valued at $20,295,941 in the last 90 days. Corporate insiders own 0.60% of the company’s stock.

Nasdaq Price Performance

NASDAQ:NDAQ opened at $88.48 on Tuesday. Nasdaq, Inc. has a 12 month low of $77.09 and a 12 month high of $101.79. The stock has a 50 day moving average of $87.07 and a two-hundred day moving average of $89.65. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.71. The firm has a market cap of $50.04 billion, a P/E ratio of 26.65, a price-to-earnings-growth ratio of 1.81 and a beta of 0.98.

Nasdaq (NASDAQ:NDAQ – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $0.96 EPS for the quarter, topping the consensus estimate of $0.93 by $0.03. Nasdaq had a return on equity of 17.51% and a net margin of 23.15%.The company had revenue of $2.14 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same period in the previous year, the business earned $0.79 EPS. Nasdaq’s quarterly revenue was up 13.7% on a year-over-year basis. On average, analysts expect that Nasdaq, Inc. will post 3.86 earnings per share for the current fiscal year.

Nasdaq Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be paid a dividend of $0.31 per share. This is an increase from Nasdaq’s previous quarterly dividend of $0.27. The ex-dividend date is Friday, June 12th. This represents a $1.24 annualized dividend and a yield of 1.4%. Nasdaq’s dividend payout ratio (DPR) is presently 32.53%.

Nasdaq Company Profile

(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.