Nasdaq, Inc.

Nasdaq, Inc.

NDAQ·NASDAQ

$86.81

-1.3%
Financial ServicesFinancial - Data & Stock Exchanges

Nasdaq, Inc. operates as a technology company that serves capital markets and other industries worldwide. The Market Technology segment includes anti financial crime technology business, which offers Nasdaq Trade Surveillance, a SaaS solution for brokers and other market participants to assist them in complying with market rules, regulations, and internal market surveillance policies; Nasdaq Automated Investigator, a cloud-deployed anti-money laundering tool; and Verafin, a SaaS technology provider of anti-financial crime management solutions. This segment also handles assets, such as cash equities, equity derivatives, currencies, interest-bearing securities, commodities, energy products, and digital currencies. The Investment Intelligence segment sells and distributes historical and real-time market data; develops and licenses Nasdaq-branded indexes and financial products; and provides investment insights and workflow solutions. The Corporate Platforms segment operates listing platforms; and offers investor relations intelligence and governance solutions. As of December 31, 2021, it had 4,178 companies listed securities on The Nasdaq Stock Market, including 1,632 listings on The Nasdaq Global Select Market; 1,169 on The Nasdaq Global Market; and 1,377 on The Nasdaq Capital Market. The Market Services segment includes equity derivative trading and clearing, cash equity trading, fixed income and commodities trading and clearing, and trade management service businesses. This segment operates various exchanges and other marketplace facilities across various asset classes, which include derivatives, commodities, cash equity, debt, structured products, and exchange traded products; and provides broker, clearing, settlement, and central depository services. The company was formerly known as The NASDAQ OMX Group, Inc. and changed its name to Nasdaq, Inc. in September 2015. Nasdaq, Inc. was founded in 1971 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$49.09B
EPS3.1300
P/E Ratio27.73
Earnings Date07/23/2026
8.26%
Return on Invested Capital
37%
3Y-12.0%
5Y+14.0%
10Y+25.0%
14.63%
Return on Equity
47%
3Y-20.0%
5Y+1.0%
10Y+636.0%
5.76%
Return on Assets
57%
3Y+7.0%
5Y+11.0%
10Y+655.0%
Nasdaq, Inc.

Nasdaq, Inc. Management Team

NDAQ · NASDAQ
MA

Ms. Adena T. Friedman

Chief Executive Officer & Chairman

Compensation

$6,304,357

Born 1970(Age 56)
female
MS

Ms. Sarah M. Youngwood

Executive Vice President & Chief Financial Officer

Compensation

$2,625,158

Born 1974(Age 52)
female
MB

Mr. Bryan Everard Smith

Executive Vice President & Chief People Officer

Born 1973(Age 53)
male
MJ

Mr. John A. Zecca J.D.

Executive Vice President and Global Chief Legal, Risk & Regulatory Officer

Born 1968(Age 58)
male
MB

Mr. Bradley J. Peterson

Executive Vice President, Chief Information Officer & Chief Technology Officer

Compensation

$2,031,592

Born 1960(Age 66)
male
MT

Mr. Tal Cohen

President

Compensation

$2,565,023

Born 1973(Age 53)
male
MP

Mr. P. C. Nelson Griggs

President & Division President of Capital Access Platforms

Compensation

$3,101,680

Born 1971(Age 55)
male
MB

Mr. Brian Buckley

Senior Vice President & Chief Marketing Officer

male
MA

Mr. Ato Garrett

Senior Vice President & Investor Relations Officer

male
MM

Ms. Michelle Lynn Daly

Senior Vice President, Controller & Principal Accounting Officer

Born 1977(Age 49)
female
ndaq

Nasdaq, Inc. Insider Positioning

NDAQ · NASDAQ

During the last 12 months, insiders have purchased $16.79M and sold $84.28M worth of NDAQ shares, resulting in $67.48M of net selling activity.

3 Months

Bought

0

0.00

Sold

236.0K

20.76M

Net Activity

-20.8M

-$20.76M

3-6 Months

Bought

212.0K

16.79M

Sold

614.8K

59.32M

Net Activity

-42.5M

-$42.52M

6-9 Months

Bought

0

0.00

Sold

10.9K

975.73K

Net Activity

-976K

-$976K

9-12 Months

Bought

0

0.00

Sold

35.6K

3.23M

Net Activity

-3.2M

-$3.23M

Top Buyers

1
IA

Investor Ab

10 Percent Owner

200.0K shares1 transactions

$15.84M

2
TJ

Torgeby Johan

Director

12.0K shares1 transactions

$958K

Top Sellers

1
FAT

Friedman Adena T

Director, Officer: Chair And Ceo

806.5K shares4 transactions

$76.06M

2
PBJ

Peterson Bradley J

Officer: Evp, Cio

19.2K shares2 transactions

$1.72M

3
TC

Tal Cohen

Officer: Pres. Market Platforms

15.5K shares1 transactions

$1.41M

4
SJ

Skule Jeremy

Officer: Evp, Cso

14.7K shares7 transactions

$1.32M

5
DML

Daly Michelle Lynn

Officer: Svp, Controller & Pao

14.2K shares3 transactions

$1.27M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $67.48M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.20:1

Weak buy/sell ratio. Selling significantly exceeds buying—monitor for potential fundamental concerns.

Recent Trend (3 Months)

$20.76M

Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 2 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

SEC Filings

NDAQ - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

April 24, 2026
June 10, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 28, 2025
June 11, 2025
2025
DEF 14A

DEF 14A 2024

N/A

April 26, 2024
June 11, 2024
2024
DEF 14A

DEF 14A

N/A

April 28, 2023
April 28, 2023
 
DEF 14A

DEF 14A 2022

N/A

April 28, 2022
June 22, 2022
2022
DEF 14A

DEF 14A 2021

N/A

April 27, 2021
June 15, 2021
2021
DEF 14A

DEF 14A 2020

N/A

March 31, 2020
May 19, 2020
2020
DEF 14A

DEF 14A 2019

N/A

March 12, 2019
April 23, 2019
2019
DEF 14A

DEF 14A 2018

N/A

March 14, 2018
April 24, 2018
2018
DEF 14A

DEF 14A 2017

N/A

March 29, 2017
May 10, 2017
2017
Showing 1 to 10 of 26 filings