Nasdaq Reports December 2025 Monthly and Quarterly Volume Statistics

Nasdaq reported December 2025 monthly volumes, quarterly statistics, and revenue on its Investor Relations website.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$NDAQ Insider Trading Activity

$NDAQ insiders have traded $NDAQ stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.

Here’s a breakdown of recent trading of $NDAQ stock by insiders over the last 6 months:

• MICHELLE LYNN DALY (SVP, Controller & PAO) sold 8,691 shares for an estimated $812,173
• JEREMY SKULE (EVP, CSO) has made 0 purchases and 4 sales selling 8,420 shares for an estimated $767,651.
• JOHN ZECCA (EVP, Global CLO) sold 4,500 shares for an estimated $450,045
• BRYAN EVERARD SMITH (EVP, CPO) sold 4,633 shares for an estimated $419,610
• CHARLENE T BEGLEY sold 3,000 shares for an estimated $289,800

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$NDAQ Revenue

$NDAQ had revenues of $2B in Q3 2025. This is an increase of 2.94% from the same period in the prior year.

You can track NDAQ financials on Quiver Quantitative's NDAQ stock page.

$NDAQ Congressional Stock Trading

Members of Congress have traded $NDAQ stock 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 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 3 times. They made 3 purchases worth up to $115,000 on 10/22, 10/09, 09/19 and 0 sales.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$NDAQ Hedge Fund Activity

We have seen 547 institutional investors add shares of $NDAQ stock to their portfolio, and 395 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• JANE STREET GROUP, LLC removed 6,051,447 shares (-84.0%) from their portfolio in Q3 2025, for an estimated $535,250,487
• VANGUARD GROUP INC added 3,848,406 shares (+6.9%) to their portfolio in Q3 2025, for an estimated $340,391,510
• BLACKROCK, INC. added 3,083,656 shares (+8.3%) to their portfolio in Q3 2025, for an estimated $272,749,373
• UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 2,470,201 shares (+53.8%) to their portfolio in Q3 2025, for an estimated $218,489,278
• HARRIS ASSOCIATES L P removed 1,866,321 shares (-24.0%) from their portfolio in Q3 2025, for an estimated $165,076,092
• SELECT EQUITY GROUP, L.P. added 1,737,608 shares (+140.9%) to their portfolio in Q3 2025, for an estimated $153,691,427
• DIAMOND HILL CAPITAL MANAGEMENT INC removed 1,659,015 shares (-64.9%) from their portfolio in Q3 2025, for an estimated $146,739,876

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 7 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Morgan Stanley issued a "Overweight" rating on 11/20/2025
• Barclays issued a "Overweight" rating on 10/22/2025
• Keefe, Bruyette & Woods issued a "Outperform" rating on 07/25/2025
• UBS issued a "Buy" rating on 07/25/2025
• Deutsche Bank issued a "Buy" rating on 07/25/2025
• RBC Capital issued a "Outperform" rating on 07/25/2025
• Piper Sandler issued a "Overweight" rating on 07/15/2025

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 10 analysts offer price targets for $NDAQ in the last 6 months, with a median target of $104.5.

Here are some recent targets:

• Michael Cyprys from Morgan Stanley set a target price of $111.0 on 12/22/2025
• Benjamin Budish from Barclays set a target price of $114.0 on 12/12/2025
• Bill Katz from TD Cowen set a target price of $96.0 on 10/22/2025
• Patrick O'Shaughnessy from Raymond James set a target price of $100.0 on 10/13/2025
• Richard Repetto from Piper Sandler set a target price of $104.0 on 08/04/2025
• Ashish Sabadra from RBC Capital set a target price of $108.0 on 07/25/2025
• Brian Bedell from Deutsche Bank set a target price of $105.0 on 07/25/2025