Headlands Technologies LLC Sells 25,180 Shares of Nasdaq, Inc. $NDAQ

Posted by Geri Gentry on Aug 31st, 2026

Headlands Technologies LLC reduced its holdings in Nasdaq, Inc. (NASDAQ:NDAQ – Free Report) by 33.5% during the 2nd quarter, Holdings Channel reports. The fund owned 49,966 shares of the financial services provider’s stock after selling 25,180 shares during the quarter. Headlands Technologies LLC’s holdings in Nasdaq were worth $3,938,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NDAQ. BlackRock Inc. acquired a new position in Nasdaq in the second quarter worth $2,931,637,000. Bank of America Corp DE bought a new position in shares of Nasdaq in the second quarter valued at about $603,631,000. Norges Bank acquired a new position in Nasdaq during the 4th quarter worth about $530,100,000. The Manufacturers Life Insurance Company acquired a new stake in Nasdaq in the 2nd quarter valued at about $377,818,000. Finally, Morgan Stanley increased its position in Nasdaq by 62.6% in the 4th 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. 72.47% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Nasdaq in a research note on Monday, July 20th. Rothschild & Co Redburn set a $110.00 price objective on Nasdaq in a research report on Thursday, June 11th. Wall Street Zen upgraded Nasdaq from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Morgan Stanley reiterated an “overweight” rating and issued a $120.00 price target on shares of Nasdaq in a report on Friday, July 24th. Finally, Barclays reiterated an “overweight” rating and issued a $111.00 price objective (up from $108.00) on shares of Nasdaq in a research report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $110.30.

Read Our Latest Report on NDAQ

Insider Buying and Selling at Nasdaq

In other news, insider Pc Nelson Griggs sold 11,010 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $96.35, for a total value of $1,060,813.50. Following the transaction, the insider directly owned 205,001 shares of the company’s stock, valued at $19,751,846.35. This represents a 5.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Bradley J. Peterson sold 13,000 shares of the company’s stock in a transaction that occurred 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 directly owned 128,293 shares in the company, valued at $11,881,214.73. The trade was a 9.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 41,797 shares of company stock worth $3,926,319 over the last ninety days. 0.60% of the stock is currently owned by corporate insiders.

Nasdaq Stock Performance

Shares of Nasdaq stock opened at $99.31 on Monday. The firm has a fifty day moving average of $91.20 and a two-hundred day moving average of $88.42. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market capitalization of $55.51 billion, a price-to-earnings ratio of 28.95, a PEG ratio of 1.32 and a beta of 0.96. Nasdaq, Inc. has a 52 week low of $76.55 and a 52 week high of $101.79.

Nasdaq (NASDAQ:NDAQ – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $1.07 earnings per share (EPS) 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 company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same quarter in the previous year, the business earned $0.85 EPS. The firm’s revenue was up 14.9% on a year-over-year basis. As a group, equities research analysts predict that Nasdaq, Inc. will post 4.15 EPS for the current year.

Nasdaq Dividend Announcement

The business 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 $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, September 11th. Nasdaq’s dividend payout ratio (DPR) is currently 36.15%.

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.