$698,000 of NASDAQ INC lobbying was just disclosed, from Q3 of 2026, 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, H.R. 3383 Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act; 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 Congressional Stock Trading
Members of Congress have traded $NDAQ stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $NDAQ stock by members of Congress over the last 6 months:
- REPRESENTATIVE APRIL MCCLAIN DELANEY has traded it 2 times. They made 1 purchase worth up to $15,000 on 04/24 and 1 sale worth up to $250,000 on 08/25.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
NDAQ Insider Trading Activity
NDAQ insiders have traded $NDAQ stock on the open market 18 times in the past 6 months. Of those trades, 1 have been purchases and 17 have been sales.
Here’s a breakdown of recent trading of $NDAQ stock by insiders over the last 6 months:
- AB INVESTOR purchased 56,782 shares for an estimated $4,882,116
- PC NELSON GRIGGS (Pres. Capital Access Platforms) has made 0 purchases and 5 sales selling 37,116 shares for an estimated $3,504,314.
- BRADLEY J PETERSON (EVP, CIO) has made 0 purchases and 3 sales selling 26,710 shares for an estimated $2,477,452.
- COHEN TAL (Pres. Market Platforms) sold 15,518 shares for an estimated $1,408,258
- JEREMY SKULE (EVP, CSO) has made 0 purchases and 4 sales selling 5,625 shares for an estimated $531,956.
- BRYAN EVERARD SMITH (EVP, CPO) has made 0 purchases and 2 sales selling 4,556 shares for an estimated $408,658.
- MICHELLE LYNN DALY (SVP, Controller & PAO) has made 0 purchases and 2 sales selling 1,323 shares for an estimated $117,512.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
NDAQ Hedge Fund Activity
We have seen 521 institutional investors add shares of NDAQ stock to their portfolio, and 507 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP removed 5,946,692 shares (-16.4%) from their portfolio in Q2 2026, for an estimated $468,718,263
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 5,800,900 shares (-20.0%) from their portfolio in Q2 2026, for an estimated $457,226,937
- JPMORGAN CHASE & CO added 3,655,221 shares (+inf%) to their portfolio in Q2 2026, for an estimated $288,104,519
- JANE STREET GROUP, LLC added 2,863,049 shares (+2779.3%) to their portfolio in Q2 2026, for an estimated $225,665,522
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,828,483 shares (+inf%) to their portfolio in Q2 2026, for an estimated $222,941,030
- BARCLAYS PLC added 1,844,889 shares (+140.5%) to their portfolio in Q2 2026, for an estimated $145,414,150
- ASSENAGON ASSET MANAGEMENT S.A. added 1,692,770 shares (+572.7%) to their portfolio in Q3 2026, for an estimated $155,751,767
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
NDAQ Price Targets
Multiple analysts have issued price targets for $NDAQ recently. We have seen 4 analysts offer price targets for $NDAQ in the last 6 months, with a median target of $103.0.
Here are some recent targets:
- Benjamin Budish from Barclays set a target price of $108.0 on 07/09/2026
- Patrick O'Shaughnessy from Raymond James set a target price of $113.0 on 07/09/2026
- Bill Katz from TD Cowen set a target price of $98.0 on 06/22/2026
- Chris Allen from Keefe, Bruyette & Woods set a target price of $97.0 on 04/24/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
