NasdaqNDAQ
Market Cap: $41.4B
About: Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its market-services business (about 35% of sales), the company sells and distributes market data as well as offers Nasdaq-branded indexes to asset managers and investors through its information-services segment (30%). Nasdaq's corporate-services business (20%) offers listing services and related investor relations products to publicly traded companies and through the company's market technology group (15%), Nasdaq facilitates the exchange operations of other exchanges throughout the world and provides financial compliance services.
Employees: 8,658
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
64% more call options, than puts
Call options by funds: $55.8M | Put options by funds: $34M
26% more repeat investments, than reductions
Existing positions increased: 314 | Existing positions reduced: 249
0.44% less ownership
Funds ownership: 83.32% [Q1] → 82.88% (-0.44%) [Q2]
5% less capital invested
Capital invested by funds: $30.3B [Q1] → $28.8B (-$1.45B) [Q2]
1% less funds holding
Funds holding: 751 [Q1] → 740 (-11) [Q2]
10% less funds holding in top 10
Funds holding in top 10: 10 [Q1] → 9 (-1) [Q2]
13% less first-time investments, than exits
New positions opened: 75 | Existing positions closed: 86
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
B of A Securities Craig Siegenthaler 74% 1-year accuracy 14 / 19 met price target | 25%upside $90 | Buy Upgraded | 4 Sept 2024 |
Deutsche Bank Brian Bedell 57% 1-year accuracy 13 / 23 met price target | 0%upside $72 | Hold Maintained | 15 Aug 2024 |
Oppenheimer Owen Lau 77% 1-year accuracy 24 / 31 met price target | 8%upside $78 | Outperform Maintained | 30 Jul 2024 |
Oppenheimer Owen Lau 77% 1-year accuracy 24 / 31 met price target | 4%upside $75 | Outperform Maintained | 26 Jul 2024 |
Barclays Benjamin Budish 69% 1-year accuracy 42 / 61 met price target | 7%upside $77 | Overweight Maintained | 26 Jul 2024 |
Financial journalist opinion
Based on 17 articles about NDAQ published over the past 30 days