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Nasdaq Inc (NDAQ) receives an Outperform rating from William Blair

In a filing, Nasdaq Inc revealed its Executive Vice President SKULE JEREMY unloaded Company’s shares for reported $0.98 million on Dec 09 ’24. In the deal valued at $80.88 per share,12,074 shares were sold. As a result of this transaction, SKULE JEREMY now holds 86,305 shares worth roughly $6.73 million.

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Then, JEREMY SKULE bought 12,074 shares, generating $976,564 in total proceeds.

Before that, SKULE JEREMY sold 12,075 shares. Nasdaq Inc shares valued at $950,906 were divested by the Executive Vice President at a price of $78.75 per share. As a result of the transaction, SKULE JEREMY now holds 102,505 shares, worth roughly $7.99 million.

William Blair initiated its Nasdaq Inc [NDAQ] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in mid October from “a Mkt perform” to “an Outperform”. RBC Capital Mkts began covering NDAQ with “an Outperform” recommendation on September 27, 2024. TD Cowen started covering the stock on September 26, 2024. It rated NDAQ as “a Hold”.

Price Performance Review of NDAQ

On Monday, Nasdaq Inc [NASDAQ:NDAQ] saw its stock jump 0.31% to $77.94. Over the last five days, the stock has lost -3.13%. Nasdaq Inc shares have risen nearly 34.06% since the year began. Nevertheless, the stocks have risen 38.96% over the past one year. While a 52-week high of $83.77 was reached on 11/29/24, a 52-week low of $54.90 was recorded on 02/20/24. SMA at 50 days reached $78.16, while 200 days put it at $67.98.

Levels Of Support And Resistance For NDAQ Stock

The 24-hour chart illustrates a support level at 77.36, which if violated will result in even more drops to 76.79. On the upside, there is a resistance level at 78.36. A further resistance level may holdings at 78.79. The Relative Strength Index (RSI) on the 14-day chart is 42.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.98%. Stochastics %K at 11.15% indicates the stock is a buying.

How much short interest is there in Nasdaq Inc?

A steep rise in short interest was recorded in Nasdaq Inc stocks on 2024-11-29, dropping by -0.43 million shares to a total of 4.58 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 5.01 million shares. There was a decline of -9.29%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on September 09, 2024 when Oppenheimer resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $80.

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