Nasdaq Inc’s recent filing unveils that its Executive Vice President Smith Bryan Everard unloaded Company’s shares for reported $0.47 million on Apr 01 ’24. In the deal valued at $62.91 per share,7,400 shares were sold. As a result of this transaction, Smith Bryan Everard now holds 61,672 shares worth roughly $3.79 million.
Then, Borse Dubai LTD sold 31,000,000 shares, generating $1,797,907,000 in total proceeds. Upon selling the shares at $58.00, the 10% Owner now owns 58,341,545 shares.
Before that, Smith Bryan Everard sold 2,064 shares. Nasdaq Inc shares valued at $116,183 were divested by the Executive Vice President at a price of $56.29 per share. As a result of the transaction, Smith Bryan Everard now holds 63,528 shares, worth roughly $3.91 million.
Barclays initiated its Nasdaq Inc [NDAQ] rating to an Overweight in a research note published on April 11, 2024; the price target was $76. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early April from “an Equal-weight” to “an Overweight”. Edward Jones began covering NDAQ with “Buy” recommendation on April 03, 2024. Goldman revised its rating on March 26, 2024. It rated NDAQ as “a Buy” which previously was an “a Neutral”.
Price Performance Review of NDAQ
On Friday, Nasdaq Inc [NASDAQ:NDAQ] saw its stock fall -2.44% to $61.52. Over the last five days, the stock has lost -0.84%. Nasdaq Inc shares have risen nearly 5.81% since the year began. Nevertheless, the stocks have risen 12.08% over the past one year. While a 52-week high of $64.25 was reached on 04/09/24, a 52-week low of $46.88 was recorded on 02/20/24. SMA at 50 days reached $58.99, while 200 days put it at $54.07. A total of 4.15 million shares were traded, compared to the trading of 3.72 million shares in the previous session.
Levels Of Support And Resistance For NDAQ Stock
The 24-hour chart illustrates a support level at 60.75, which if violated will result in even more drops to 59.97. On the upside, there is a resistance level at 62.56. A further resistance level may holdings at 63.59. The Relative Strength Index (RSI) on the 14-day chart is 52.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.06%. Stochastics %K at 49.56% indicates the stock is a holding.
