$650,000 of NASDAQ INC lobbying was just disclosed, from Q2 of 2025, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Monitoring legislation seeking to regulate AI, machine learning, and other technology tools used in the financial services arena; Transparency and accuracy of proxy advisors; Public company regulations. Legislative reforms to improve capital formation (Venture Exchange), H.R 2441 - Improving Disclosure for Investors Act of 2025, H.R. 2624 (118th Congress), H.R. - To lower the aggregate market value of voting and non-voting common equity necessary for an issuer to qualify as a well-known seasoned issuer (discussion draft in 119th Congress), H.R. - To amend the Securities Act of 1933 to expand the ability to use testing the waters and confidential draft registration submissions, and for other purposes (discussion draft in 119th Congress), H.R. 2576 (118th Congress), H.R. 2610 (118th Congress), H.R. 2608 (118th Congress), H.R. 2603 (118th Congress), H.R. 6623 - Main Street Growth Act (118th Congress), legislation on 10-Q optionality; Federal financial transaction tax: S. 1990 (118th Congress) and H.R. 4119 - Tax on Wall Street Speculation Act of 2023; Digital asset regulatory reform, CLARITY Act, FIT21, S. 2597 - Digital Commodities Consumer Protection Act of 2023; Equity market structure and SECs rulemaking on market structure, Regulation NMS, market data, regulation of Exchange pricing: SECs proposed elimination of volume based tiered pricing in the equities markets; Reform of SRO rulemaking; defend trading incentives such as exchange rebate programs; H.R. 1 Reconciliation Bill: monitor R&D tax credit and other items effecting the capital markets; Highlighting Nasdaqs anti-financial crime software solutions and policies aimed at those issues."
You can find more data on corporate lobbying on Quiver Quantitative.
NDAQ Insider Trading Activity
NDAQ insiders have traded $NDAQ stock on the open market 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 have been sales.
Here’s a breakdown of recent trading of $NDAQ stock by insiders over the last 6 months:
- BRADLEY J PETERSON (EVP, CIO) has made 0 purchases and 2 sales selling 19,364 shares for an estimated $1,535,544.
- SARAH YOUNGWOOD (Executive Vice President) sold 14,959 shares for an estimated $1,102,179
- COHEN TAL (President, Market Platforms) sold 8,955 shares for an estimated $749,981
- PC NELSON GRIGGS (Pres. Capital Access Platforms) has made 0 purchases and 2 sales selling 8,000 shares for an estimated $664,240.
- BRYAN EVERARD SMITH (EVP, CPO) has made 0 purchases and 4 sales selling 7,289 shares for an estimated $569,717.
- JEREMY SKULE (EVP, CSO) has made 0 purchases and 2 sales selling 2,106 shares for an estimated $173,534.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
NDAQ Hedge Fund Activity
We have seen 487 institutional investors add shares of NDAQ stock to their portfolio, and 365 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANK OF AMERICA CORP /DE/ added 2,343,908 shares (+48.3%) to their portfolio in Q1 2025, for an estimated $177,808,860
- WELLINGTON MANAGEMENT GROUP LLP removed 2,227,056 shares (-6.4%) from their portfolio in Q1 2025, for an estimated $168,944,468
- INVESCO LTD. added 1,592,057 shares (+40.8%) to their portfolio in Q1 2025, for an estimated $120,773,444
- DIAMOND HILL CAPITAL MANAGEMENT INC removed 1,400,678 shares (-34.0%) from their portfolio in Q1 2025, for an estimated $106,255,433
- UBS GROUP AG added 1,082,115 shares (+29.5%) to their portfolio in Q1 2025, for an estimated $82,089,243
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 993,553 shares (+5.1%) to their portfolio in Q1 2025, for an estimated $75,370,930
- FRANKLIN RESOURCES INC added 935,156 shares (+9.0%) to their portfolio in Q1 2025, for an estimated $70,940,934
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
NDAQ Analyst Ratings
Wall Street analysts have issued reports on $NDAQ in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Oppenheimer issued a "Outperform" rating on 06/17/2025
- Raymond James issued a "Outperform" rating on 01/09/2025
To track analyst ratings and price targets for NDAQ, check out Quiver Quantitative's $NDAQ forecast page.
NDAQ Price Targets
Multiple analysts have issued price targets for $NDAQ recently. We have seen 2 analysts offer price targets for $NDAQ in the last 6 months, with a median target of $90.0.
Here are some recent targets:
- Owen Lau from Oppenheimer set a target price of $96.0 on 06/17/2025
- Patrick O'Shaughnessy from Raymond James set a target price of $84.0 on 01/09/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
