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Nasdaq, Inc. NDAQ NASDAQ

NASDAQ Global Select • Financial Services • Financial - Data & Stock Exchanges • US • USD

SharesGrow Score
76/100
5/7 Pass
SharesGrow Intrinsic Value
$101.77
+17.4%
Analyst Price Target
$113.60
+31%

Nasdaq, Inc. (NDAQ) has 20 known insider and institutional holders on record. The largest holder is Adenza Parent, LP with 85,608,414 shares. Other notable holders include INVESTOR AB and Borse Dubai LTD.

Over the last 12 months, insiders have made 66 transactions in NDAQ stock — 13 buys (valued at $16.79M) and 17 sells (valued at $5.94M). Insider selling has exceeded buying during this period.

NDAQ Insider Ownership

Top Holder
Adenza Parent, LP
85,608,414 shares
Buys (12 mo)
13
$16.79M value
Sells (12 mo)
17
$5.94M value
12-Month Transaction Activity
Buy 20%
Sell 26%
Top Insider Holders
# Name Role Shares Owned Last Filed Relative Size
1 Adenza Parent, Lp 10 Percent Owner 85,608,414 2023-11-03
100%
2 Investor Ab 10 Percent Owner 58,382,426 2026-02-13
68%
3 Borse Dubai Ltd 10 Percent Owner 58,341,545 2024-03-22
68%
4 Argus Seller, Lp 10 Percent Owner 42,804,207 2024-07-30
50%
5 Friedman Adena T Chair and CEO 1,983,866 2026-04-07
2%
6 Greifeld Robert Chairman 1,161,324 2017-02-01
1%
7 Griggs Pc Nelson Pres. Capital Access Platforms 238,891 2026-04-07
0%
8 Tal Cohen Pres. Market Platforms 230,726 2026-04-07
0%
9 Zecca John EVP, Global CLO 153,334 2026-04-07
0%
10 Black Steven D Director 152,083 2023-06-23
0%
11 Peterson Bradley J EVP, CIO 148,745 2026-04-07
0%
12 Kazim Essa Director 143,388 2025-06-13
0%
13 Jacobs John Executive Vice President 111,468 2015-01-05
0%
14 Skule Jeremy EVP, CSO 104,573 2026-04-07
0%
15 Sibbern Bjorn Executive Vice President 79,809 2022-12-08
0%
16 Shavel Lee Executive Vice President 75,168 2016-01-06
0%
17 Smith Bryan Everard EVP, CPO 74,944 2026-04-07
0%
18 Youngwood Sarah EVP & CFO 74,558 2026-04-02
0%
19 Wittman Thomas A Executive Vice President 74,033 2019-04-03
0%
20 Knight Edward S Executive Vice President 73,263 2019-01-31
0%
Recent Transactions (last 12 months)
Date Name Role Type Shares Price Value
2026-04-03 Daly Michelle Lynn SVP, Controller & Pao Tax Withholding of RSU 424 $86.65 $36.74K
2026-04-03 Smith Bryan Everard EVP, CPO Tax Withholding of RSU 813 $86.65 $70.45K
2026-04-03 Zecca John EVP, Global CLO Tax Withholding of RSU 780 $86.65 $67.59K
2026-04-03 Tal Cohen Pres. Market Platforms Tax Withholding of RSU 1,565 $86.65 $135.61K
2026-04-03 Skule Jeremy EVP, CSO Tax Withholding of RSU 1,017 $86.65 $88.12K
2026-04-03 Griggs Pc Nelson Pres. Capital Access Platforms Tax Withholding of RSU 1,565 $86.65 $135.61K
2026-04-03 Peterson Bradley J EVP, CIO Tax Withholding of RSU 1,499 $86.65 $129.89K
2026-04-03 Friedman Adena T Chair and CEO Tax Withholding of RSU 8,075 $86.65 $699.7K
2026-04-01 Youngwood Sarah EVP & CFO RSU Award 15,267 - -
2026-04-01 Daly Michelle Lynn SVP, Controller & Pao Tax Withholding of RSU 832 $84.89 $70.63K
2026-04-01 Smith Bryan Everard EVP, CPO Tax Withholding of RSU 2,149 $84.89 $182.43K
2026-04-01 Zecca John EVP, Global CLO Tax Withholding of RSU 2,097 $84.89 $178.01K
2026-04-01 Tal Cohen Pres. Market Platforms Tax Withholding of RSU 11,141 $84.89 $945.76K
2026-04-01 Skule Jeremy EVP, CSO Tax Withholding of RSU 2,332 $84.89 $197.96K
2026-04-01 Griggs Pc Nelson Pres. Capital Access Platforms Tax Withholding of RSU 3,308 $84.89 $280.82K
2026-04-01 Peterson Bradley J EVP, CIO Tax Withholding of RSU 2,761 $84.89 $234.38K
2026-04-01 Friedman Adena T Chair and CEO Option Exercise (Sell) 113,611 $22.22 $2.52M
2026-03-11 Friedman Adena T Chair and CEO Gift (Given) 56,786 - -
2026-03-06 Friedman Adena T Chair and CEO Option Exercise (Sell) 92,840 $22.22 $2.06M
2026-03-02 Smith Bryan Everard EVP, CPO Informative Sell 6,000 $87.24 $523.44K
2026-02-19 Daly Michelle Lynn SVP, Controller & Pao Informative Sell 4,339 $81.34 $352.93K
2026-02-17 Torgeby Johan Director Informative Buy 12,000 $79.86 $958.32K
2026-02-12 Friedman Adena T Chair and CEO Tax Withholding of RSU 115,775 $80.42 $9.31M
2026-02-11 Daly Michelle Lynn SVP, Controller & Pao Tax Withholding of RSU 2,580 $82.51 $212.88K
2026-02-11 Smith Bryan Everard EVP, CPO Tax Withholding of RSU 9,924 $82.51 $818.83K
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