NDAQ

Nasdaq, Inc.
NasdaqGSUSDEQUITY Financial Services DELAYED
Last price
93.00
▲ 0.81 (0.88%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
92.44
Prev close
92.19
Day high
93.97
Day low
92.14
Volume
3.59M
Market cap
$51.58B
P/E (TTM)
26.90
52W range
76.55 – 101.79

Day trading desk

Current session · delayed
Gap from prior close
+0.27%
Prior close 92.19
VWAP
92.69
+0.34% from price
Relative volume
1.80×
Unusually busy
Session range
2.87%
91.35 – 93.97
Position in range
63%
Mid range
ATR (14D)
2.21
2.38% of price
Prior day high
92.63
PDH
Prior day low
89.71
PDL
Bid / ask spread
—
Quote not published
Session volume
6.00M
Avg 3.33M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+0.46% -1.5%
1M
-4.76% -5.9%
3M
+9.34% +4.8%
6M
+6.79% -11.4%
YTD
-5.00% -19.3%
1Y
+5.32% -11.1%
3Y
+89.90% +7.6%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on NDAQ open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
-50.18K
Net selling
Buy transactions
11
42.55K shares
Sell transactions
15
92.72K shares
Net transactions
+26
Buys less sells
Sell : buy shares
2.2 : 1
Mixed
Insider-held shares
61.48M
Total on file
Bought 42.55KSold 92.72K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 22, 26
SKULE JEREMY
Officer
SELL 1.13K $106.88K Direct
Sep 10, 26
SKULE JEREMY
Officer
SELL 1.13K $106.00K Direct
Aug 10, 26
GRIGGS P C NELSON
Officer
SELL 3.23K $310.21K Direct
Aug 10, 26
SKULE JEREMY
Officer
SELL 2.25K $213.19K Direct
Aug 7, 26
PETERSON BRADLEY J.
Chief Technology Officer
SELL 6.00K $573.30K Direct
Aug 3, 26
SMITH BRYAN EVERARD
Officer
SELL 1.56K $147.93K Direct
Jul 29, 26
GRIGGS P C NELSON
Officer
SELL 11.01K $1.06M Direct
Jul 27, 26
GRIGGS P C NELSON
Officer
SELL 17.79K $1.66M Direct
Jul 24, 26
PETERSON BRADLEY J.
Chief Technology Officer
SELL 13.00K $1.20M Direct
Jul 1, 26
SMITH BRYAN EVERARD
Officer
SELL 3.00K $240.00K Direct
Jun 11, 26
SMITH BRYAN EVERARD
Officer
SELL 3.00K $260.73K Direct
Jun 10, 26
BEGLEY CHARLENE T
Director
STOCK 3.00K $0 Direct
Jun 10, 26
ZOLLAR ALFRED W
Director
STOCK 4.50K $0 Direct
Jun 10, 26
SPLINTER MICHAEL R
Director
STOCK 5.25K $0 Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
FRIEDMAN ADENA T
Chief Executive Officer 2.14M Stock Award(Grant)
GRIGGS P C NELSON
Officer 201.78K Sale
INVESTOR AB
Beneficial Owner of more than 10% of a Class of Security — Purchase
KAZIM ESSA
Director 146.92K Stock Award(Grant)
KLOET THOMAS ARCHIE
Director 105.27K Stock Award(Grant)
PETERSON BRADLEY J.
Chief Technology Officer 122.29K Sale
SKULE JEREMY
Officer 100.07K Sale
SPLINTER MICHAEL R
Director 233.21K Stock Award(Grant)
TAL COHEN
Officer 215.21K Sale
ZECCA JOHN
Officer 154.11K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$51.58B
Enterprise value$60.34B
Revenue (TTM)$5.61B
Gross profit$5.61B
EBITDA$3.35B
Net income$1.97B
EPS (TTM)$3.43
Free cash flow$1.69B
Total cash$555.00M
Total debt$9.32B
Book value / share$21.33
Shares outstanding558.98M
Float496.52M
Short % of float1.97%
Dividend yield1.26%
Beta (5Y)1.00

Valuation & profitability ratios

Account required
Trailing P/E26.90
Forward P/E19.72
PEG ratio1.47
Price / sales—
Price / book4.33
EV / revenue10.75
EV / EBITDA18.00
Gross margin100.00%
Operating margin49.33%
Profit margin35.04%
Return on equity16.52%
Return on assets5.85%
Debt / equity77.69
Current ratio1.01
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $8.26B$7.40B$6.06B$6.23B +11.6%
Operating revenue $8.20B$7.34B$6.00B$6.18B +11.8%
Cost of revenue $4.77B$4.41B$3.52B$3.89B +8.2%
Gross profit $3.49B$2.99B$2.55B$2.34B +16.7%
Selling, general & admin $424.00M$427.00M$417.00M$420.00M -0.7%
Total operating expense $1.06B$1.04B$740.00M$678.00M +1.5%
Operating income $2.43B$1.95B$1.81B$1.66B +24.8%
Net interest income -$328.00M-$386.00M-$169.00M-$122.00M +15.0%
Pre-tax income $2.15B$1.45B$1.40B$1.48B +48.0%
Tax provision $358.00M$334.00M$344.00M$352.00M +7.2%
Net income $1.79B$1.12B$1.06B$1.13B +60.1%
Net income to common $1.79B$1.12B$1.06B$1.13B +60.1%
Basic EPS 3.121.942.102.28 +60.8%
Diluted EPS 3.091.932.082.26 +60.1%
EBIT $2.50B$1.85B$1.67B$1.59B +35.3%
EBITDA $3.13B$2.46B$2.00B$1.85B +27.3%
Basic shares 573.30M575.40M504.90M492.40M -0.4%
Diluted shares 578.60M579.20M508.40M497.90M -0.1%

Options analytics

Account required
Put / call volume
0.29
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
83.00
-10.0% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
438
Contracts, this expiry
Put volume
129
Contracts, this expiry
Heaviest call OI
84.00
0 contracts
Heaviest put OI
83.00
0 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.981.07 +8.8%
Mar 2026 0.930.96 +2.8%
Dec 2025 0.920.96 +4.8%
Sep 2025 0.850.88 +3.7%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 1.02 15 $1.47B +11.7%
Next quarter 1.08 15 $1.54B +10.3%
Current year 4.13 17 $5.91B +12.7%
Next year 4.68 17 $6.41B +8.4%

Analyst targets & ownership

Account required
Mean target$109.19
High target$132.00
Low target$84.00
Implied upside17.41%
Analyst count16
ConsensusBUY
Strong buy / Buy6 / 8
Hold3
Sell / Strong sell0 / 1
Held by insiders11.00%
Held by institutions87.07%
Institutions holding1.54K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
92.65
+0.38% from price
SMA 20
92.38
-0.11% from price
SMA 50
94.89
-2.76% from price
SMA 100
91.34
+1.82% from price
SMA 200
90.65
+1.79% from price
EMA 12
92.44
+0.61% from price
EMA 26
93.22
-0.23% from price
EMA 50
93.22
-0.24% from price
RSI (14)
46.3
Neutral
MACD (12,26,9)
-0.78
Hist -0.09
ATR (14)
2.21
2.39% of price
Realised vol 30D
22.8%
Annualised
Bollinger upper
95.89
20, 2σ
Bollinger lower
88.86
20, 2σ
50 / 200 cross
Golden
94.89 vs 90.65
Trend bias
Above 200
+1.79%

Options chain

Account required
Expiry
Spot 93.00
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.66
Less volatile than market
Correlation to SPY
0.31
Loosely linked
Realised vol 30D
22.8%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-23.9%
Peak to trough
Max drawdown 5Y
-33.4%
Peak to trough
ATR 14
2.21
2.39% of price
Beta (reported)
1.00
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
7.48M
Prior 9.25M
Change vs prior
-19.1%
Shorts covering
% of float
1.97%
Normal
% of shares out
1.34%
Against total outstanding
Days to cover
2.7
Liquid
Float
496.52M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

360 on file
DateFirm ActionFromTo
Oct 2, 26 Piper Sandler MAINTAINED Overweight Overweight
Oct 2, 26 Wells Fargo INITIATED — Equal-Weight
Jul 24, 26 Keefe, Bruyette & Woods MAINTAINED Market Perform Market Perform
Jul 24, 26 TD Cowen MAINTAINED Buy Buy
Jul 24, 26 Barclays MAINTAINED Overweight Overweight
Jul 20, 26 TD Cowen MAINTAINED Buy Buy
Jul 10, 26 Morgan Stanley MAINTAINED Overweight Overweight
Jul 9, 26 Raymond James MAINTAINED Outperform Outperform
Jul 9, 26 Barclays MAINTAINED Overweight Overweight
Jun 22, 26 TD Cowen MAINTAINED Buy Buy
Apr 24, 26 Keefe, Bruyette & Woods MAINTAINED Market Perform Market Perform
Apr 13, 26 Barclays MAINTAINED Overweight Overweight

Dividends & splits

Declared · from the issuer
Forward rate$1.16 / yr
Forward yield1.26%
5-year avg yield1.27%
Payout ratio32.65%
Ex-dividend dateSep 11, 2026
Next pay dateSep 25, 2026
Last split3:1
Split dateAug 29, 2022

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.