On May 1, 2024, Brian Smith, Executive Vice President of Nasdaq, Inc. (NASDAQ:NDAQ) sold 3,036 shares of the company's stock. The transaction was reported in his recent SEC filing. Over the past year, insiders sold a total of 12,500 shares, but bought none.
Nasdaq Inc (NASDAQ:NDAQ) operates as a global technology company serving capital markets and other industries. Its diverse services include trading, clearing, exchange technology, regulation, securities listing, information and public company services.
As of the latest sale, shares were trading at $59.89 on Nasdaq, valuing the company's market capitalization at approximately $35.09 billion. The price-to-earnings ratio is 32.04, higher than both the industry median of 18.9 and the company's historical median.
The stock's valuation metrics indicate a GF Value of $51.40, and NASDAQ's Price to GF Value ratio of 1.17, with its current price of $59.89, indicates that it is slightly overvalued.
Nasdaq's insider trading trends over the past year revealed 4 insider buys and 7 insider sells. This activity provides a glimpse into insider psychology at various stock price levels.
To learn more about insiders' past trading activity, visit Bryan Smiths GuruFocus Insider Profile.
This article created by GuruFocus is intended to provide general insight and is not intended as financial advice. Our commentary is based on historical data and analyst forecasts using an unbiased methodology and is not intended to serve as specific investment guidance. It does not constitute a recommendation to buy or sell stocks, and does not take into account your individual investment objectives or financial situation. Our objective is to provide fundamental data-driven analysis over time. Please note that our analysis may not incorporate the latest announcements or qualitative information from price-sensitive companies. GuruFocus has no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
