NASDAQ OMX Group (NASDAQ:NDAQ) EVP Anna M. Ewing sold 10,000 shares of the stock on the open market in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $38.00, for a total value of $380,000.00. Following the transaction, the executive vice president now directly owns 119,936 shares in the company, valued at approximately $4,557,568. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
NDAQ has been the subject of a number of recent research reports. Analysts at Credit Suisse upgraded shares of NASDAQ OMX Group from a “neutral” rating to an “outperform” rating in a research note on Friday, May 16th. They now have a $42.00 price target on the stock, up previously from $40.00. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $38.10.
Shares of NASDAQ OMX Group (NASDAQ:NDAQ) traded up 0.80% during mid-day trading on Friday, hitting $38.00. 75,271 shares of the company’s stock traded hands. NASDAQ OMX Group has a 1-year low of $29.51 and a 1-year high of $41.25. The stock’s 50-day moving average is $36.68 and its 200-day moving average is $38.0. The company has a market cap of $6.485 billion and a price-to-earnings ratio of 14.58.
NASDAQ OMX Group (NASDAQ:NDAQ) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.71 by $0.01. The company had revenue of $529.00 million for the quarter, compared to the consensus estimate of $526.55 million. During the same quarter last year, the company posted $0.64 earnings per share. NASDAQ OMX Group’s revenue was up 26.6% compared to the same quarter last year. Analysts expect that NASDAQ OMX Group will post $2.93 EPS for the current fiscal year.
The NASDAQ OMX Group, Inc (NASDAQ:NDAQ) is a holding company.
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