KD Logo

Analyzing Nasdaq Inc (NDAQ) After Recent Trading Activity

Nasdaq Inc’s filing revealed that its Executive Vice President Peterson Bradley J unloaded Company’s shares for reported $2.71 million on Aug 09 ’24. In the deal valued at $67.79 per share,40,000 shares were sold. As a result of this transaction, Peterson Bradley J now holds 156,472 shares worth roughly $11.05 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, BRADLEY PETERSON bought 40,000 shares, generating $2,711,788 in total proceeds.

Before that, Argus Seller, LP sold 42,804,207 shares. Nasdaq Inc shares valued at $2,764,295,688 were divested by the 10% Owner at a price of $64.58 per share. As a result of the transaction, Argus Seller, LP now holds 42,804,207 shares, worth roughly $3.02 billion.

Rosenblatt downgraded its Nasdaq Inc [NDAQ] rating to a Neutral from a a Buy in a research note published on May 08, 2024; the price target was decreased to $64 from $76. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in mid April with a ‘”an Overweight”‘ rating. Morgan Stanley also remained covering NDAQ and has increased its forecast on April 09, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Edward Jones started covering the stock on April 03, 2024. It rated NDAQ as “a Buy”.

Price Performance Review of NDAQ

On Monday, Nasdaq Inc [NASDAQ:NDAQ] saw its stock jump 0.34% to $70.59. Over the last five days, the stock has gained 0.89%. Nasdaq Inc shares have risen nearly 21.41% since the year began. Nevertheless, the stocks have risen 34.89% over the past one year. While a 52-week high of $70.98 was reached on 08/23/24, a 52-week low of $46.88 was recorded on 02/20/24. SMA at 50 days reached $64.43, while 200 days put it at $59.76.

Levels Of Support And Resistance For NDAQ Stock

The 24-hour chart illustrates a support level at 70.29, which if violated will result in even more drops to 70.00. On the upside, there is a resistance level at 70.84. A further resistance level may holdings at 71.10. The Relative Strength Index (RSI) on the 14-day chart is 70.71, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.61%. Stochastics %K at 93.60% indicates the stock is a selling.

How much short interest is there in Nasdaq Inc?

A steep rise in short interest was recorded in Nasdaq Inc stocks on 2024-07-31, dropping by -0.13 million shares to a total of 4.86 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 4.98 million shares. There was a decline of -2.66%, which implies that there is a negative sentiment for the stock.

Most Popular