Nasdaq, Inc. (NDAQ) Files Form 4 Insider Selling : Lars Wedenborn Sells 7,677 Shares

Nasdaq, Inc. (NDAQ): Lars Wedenborn , director of Nasdaq, Inc. sold 7,677 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jun 3, 2016 to the Securities and Exchange Commission. The shares were sold at $65.50 per share for a total value of $502,843.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, Edward S Knight (Executive Vice President) sold 28,801 shares at $65.55 per share price.On Jun 2, 2016, Robert Greifeld (CEO) sold 100,000 shares at $65.51 per share price.Also, On Feb 4, 2016, Pc Nelson Griggs (Executive Vice President) sold 1,893 shares at $62.18 per share price.On Feb 3, 2016, Hans-ole Jochumsen (President) sold 35,000 shares at $61.44 per share price.

Shares of Nasdaq Inc (NDAQ) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -0.12% at $65.07 with 5,94,093 shares getting traded. Post opening the session at $64.9, the shares hit an intraday low of $64.21 and an intraday high of $65.275 and the price vacillated in this range throughout the day. The company has a market cap of $10,705 M and the number of outstanding shares has been calculated to be 16,45,14,660 shares. The 52-week high of Nasdaq Inc is $67.605 and the 52-week low is $47.81.

Nasdaq Inc Money Flow Index Chart

On Mar 31, 2016, Nasdaq Inc announced a cash dividend of $0.3200. The company’s management has announced Jun 8, 2016 as the ex-dividend date and fixed the record date on Jun 10, 2016. The payable date has been fixed on Jun 24, 2016.

Company has been under the radar of several Street Analysts.Nasdaq Inc is Initiated by Sterne Agee CRT to Buy and the brokerage firm has set the Price Target at $76. The Rating was issued on May 20, 2016.Nasdaq Inc is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 75 from a previous price target of $74 .The Rating was issued on Apr 28, 2016.Nasdaq Inc is Reiterated by Barclays to Overweight and the brokerage firm has raised the Price Target to $ 71 from a previous price target of $70 .The Rating was issued on Apr 28, 2016.Nasdaq Inc is Initiated by Buckingham Research to Buy and the brokerage firm has set the Price Target at $73. The Rating was issued on Apr 27, 2016.Nasdaq Inc is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 75 from a previous price target of $74 .The Rating was issued on Apr 15, 2016.

Nasdaq Inc (Nasdaq) formerly The NASDAQ OMX Group Inc. is a holding company. The Company is a provider of trading clearing exchange technology regulatory securities listing information and public company services across six continents. The Company manages operates and provides its products and services in four segments: Market Services Listing Services Information Services and Technology Solutions. The Company’s Market Services segment includes its equity derivative trading and clearing cash equity trading fixed income currency and commodities trading and clearing and access and broker services businesses. The Company operates a range of listing platforms around the world to provide multiple global capital raising solutions for private and public companies. Its Information Services segment includes its Data Products and its Index Licensing and Services businesses. Its Technology Solutions segment includes its Corporate Solutions and Market Technology businesses.

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