The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Nasdaq Inc shares valued at $749,981 were sold by Tal Cohen on Feb 06 ’25. At $83.75 per share, Tal Cohen sold 8,955 shares. The insider’s holdings dropped to 127,940 shares worth approximately $10.57 million following the completion of this transaction.
Also, Tal Cohen purchased 8,955 shares, netting a total of over 741,474 in proceeds.
Before that, Smith Bryan Everard had sold 3,500 shares from its account. In a trade valued at $285,460, the Executive Vice President traded Nasdaq Inc shares for $81.56 each. Upon closing the transaction, the insider’s holdings decreased to 3,500 shares, worth approximately $4.59 million.
As published in a research note from Deutsche Bank on January 08, 2025, Nasdaq Inc [NDAQ] has been rated up from a Hold to a Buy and the price target has been revised to $98 from $80. Analysts at William Blair started covering the stock with ‘”an Outperform”‘ outlook in a report released in late November. As of October 14, 2024, Raymond James has increased its “Mkt perform” rating to a “an Outperform” for NDAQ. Earlier on September 27, 2024, RBC Capital Mkts initiated its rating. Their recommendation was “an Outperform” for NDAQ stock.
Analyzing NDAQ Stock Performance
During the last five days, there has been a surge of approximately 2.86%. Over the course of the year, Nasdaq Inc shares have jumped approximately 6.83%. Shares of the company reached a 52-week high of $84.15 on 02/06/25 and a 52-week low of $75.33 on 01/13/25. A 50-day SMA is recorded $79.77, while a 200-day SMA reached $71.45. Nevertheless, trading volume fell to 2.23 million shares from 1.85 million shares the previous day.
Support And Resistance Levels for Nasdaq Inc (NDAQ)
According to the 24-hour chart, there is a support level at 81.59, which, if violated, would cause prices to drop to 80.59. In the upper region, resistance lies at 83.15. The next price resistance is at 83.71. RSI (Relative Strength Index) is 58.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.24, which suggests the price will decrease in the coming days. Percent R is at 31.80%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
