Securian Asset Management Inc. Sells 9,626 Shares of Nasdaq, Inc. $NDAQ

Posted by Brian Himes on May 13th, 2026

Securian Asset Management Inc. lessened its holdings in Nasdaq, Inc. (NASDAQ:NDAQ – Free Report) by 44.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 12,265 shares of the financial services provider’s stock after selling 9,626 shares during the quarter. Securian Asset Management Inc.’s holdings in Nasdaq were worth $1,191,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in NDAQ. NewEdge Wealth LLC bought a new position in Nasdaq during the 4th quarter worth approximately $477,000. Washington Trust Advisors Inc. bought a new stake in Nasdaq in the fourth quarter valued at approximately $47,000. Ethic Inc. lifted its position in Nasdaq by 2.3% in the fourth quarter. Ethic Inc. now owns 108,254 shares of the financial services provider’s stock valued at $10,515,000 after purchasing an additional 2,419 shares during the last quarter. Ballentine Partners LLC boosted its stake in shares of Nasdaq by 2.0% during the fourth quarter. Ballentine Partners LLC now owns 18,911 shares of the financial services provider’s stock valued at $1,837,000 after purchasing an additional 366 shares during the period. Finally, Lighthouse Financial Services Inc. ADV purchased a new stake in shares of Nasdaq during the fourth quarter valued at approximately $2,729,000. 72.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Nasdaq

In other news, CEO Adena T. Friedman sold 113,611 shares of Nasdaq stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $85.44, for a total transaction of $9,706,923.84. Following the completion of the transaction, the chief executive officer directly owned 1,965,751 shares in the company, valued at approximately $167,953,765.44. This trade represents a 5.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value 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. This represents a 5.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 231,002 shares of company stock worth $20,295,941 over the last three months. Company insiders own 0.60% of the company’s stock.

Nasdaq Stock Performance

Shares of NDAQ stock opened at $89.49 on Wednesday. Nasdaq, Inc. has a 12 month low of $77.09 and a 12 month high of $101.79. The stock has a market cap of $50.61 billion, a PE ratio of 26.95, a price-to-earnings-growth ratio of 1.80 and a beta of 0.98. 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 company’s fifty day moving average price is $87.11 and its 200-day moving average price is $89.66.

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

Nasdaq Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.4%. This is a boost from Nasdaq’s previous quarterly dividend of $0.27. The ex-dividend date is Friday, June 12th. Nasdaq’s dividend payout ratio is currently 32.53%.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Morgan Stanley set a $116.00 target price on shares of Nasdaq and gave the stock an “overweight” rating in a research note on Friday, January 30th. Barclays increased their price target on shares of Nasdaq from $115.00 to $116.00 and gave the company an “overweight” rating in a research report on Wednesday, April 8th. Wall Street Zen upgraded shares of Nasdaq from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Raymond James Financial reaffirmed an “outperform” rating and set a $109.00 price objective on shares of Nasdaq in a research note on Wednesday, February 25th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Nasdaq in a report on Wednesday, April 22nd. One 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 company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.15.

Read Our Latest Stock Analysis on NDAQ

Nasdaq 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.