On November 13, 2024, Alfred Zollar, a Director at Nasdaq Inc (NDAQ, Financial), purchased 2,542 shares of the company, according to a recent SEC Filing. This transaction increased the insider's holdings to 49,293 shares of Nasdaq Inc.
Nasdaq Inc operates as a global technology company serving the capital markets and other industries. Its diverse offering includes trading, clearing, exchange technology, regulatory, securities listing, information, and public company services.
The shares were bought at a price of $80.24 per share, valuing the transaction at approximately $204,090.08. Following this purchase, the total value of shares held by Alfred Zollar in Nasdaq Inc is around $3,953,477.52.
Over the past year, Alfred Zollar has engaged in the purchase of 2,542 shares and has not sold any shares. This recent acquisition is part of a broader trend observed within the company, where there have been significantly more insider sales than buys. Specifically, there has been 1 insider buy and 14 insider sells over the past year.
Regarding the company's valuation, Nasdaq Inc has a market cap of approximately $44.87 billion. The stock's price-earnings ratio is 46.74, which is above both the industry median of 19.03 and the company's historical median.
The current stock price compared to the GF Value suggests that Nasdaq Inc is significantly overvalued. The GF Value, set at $50.40, indicates a price-to-GF-Value ratio of 1.59.
This valuation assessment is based on historical trading multiples, a GuruFocus adjustment factor related to past performance, and future business performance estimates from Morningstar analysts.
The insider's recent buying activity could be a signal to investors, although it is essential to consider the broader context of the company's current valuation and market performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
