Yousif Capital Management LLC Decreases Stake in Nasdaq, Inc.

Yousif Capital Management LLC has reduced its investment in Nasdaq, Inc. (NASDAQ:NDAQ) by 1.8%, as reported in the latest Form 13F filing with the SEC. The sale of 883 shares during the third quarter left the firm with a total of 46,870 shares. Post-transaction, the value of Yousif Capital Management LLC's holdings in Nasdaq amounted to approximately $2.3 million.

Investment Changes by Other Firms

Notably, several other major investors have adjusted their positions in Nasdaq. ING Groep NV upped its stake by 6.9% in the third quarter, while LPL Financial LLC and State Street Corp significantly increased their shares in the preceding quarter. International Assets Investment Management LLC acquired a new stake, and BOKF NA slightly increased its shares in the second quarter. Collectively, hedge funds and institutional investors own 72.47% of Nasdaq's stock.

Analyst Ratings Overview

Analysts from various research firms have offered their take on Nasdaq, with Oppenheimer maintaining an "outperform" rating and Morgan Stanley and JPMorgan Chase & Co. adjusting their price targets. The consensus among the six analysts who have issued hold ratings and the five who suggest a buy is to maintain a "Hold" status for Nasdaq, with an average price target of $61.50.

Inside Trades and Stock Movement

In related news, Nasdaq Director Johan Torgeby acquired 14,000 shares, indicating confidence in the company's prospects. Meanwhile, Nasdaq's stock has seen a 1.8% increase, with its latest opening price listed at $57.85. The performance metrics and dividend announcements further reflect the company's steady financial status.

Company Profile and Dividend Update

Nasdaq, Inc. is recognized as a multifaceted technology entity serving global capital markets. It recently declared a quarterly dividend of $0.22 per share, with an annual yield of 1.52% and a payout ratio of 39.46%. The company's segments, including Market Platforms and Anti-Financial Crime, highlight the breadth of its services in facilitating market trading and managing financial security.

Yousif, Nasdaq, Investment