Companies / NASDAQ, Inc.

NASDAQ, Inc.

Nasdaq: NDAQCIK 1120193FinancialsNEW YORK, NYbusiness.nasdaq.com ↗
Adena Friedman
Chief Executive Officer
Adena Friedman
Photo: Financial Times · CC BY 2.0 · Wikimedia Commons

Financials · FY2025

Revenue$8.26B
Net income$1.79B
Total debt$8.76B
Cash$520.00M
Diluted EPS$3.09
Shares outstanding559.0M

Ownership

559.0M shares outstanding · as of Jul 16, 2026
0.66%Insiders
Ownership
Insiders0.66%3,681,954
10%+ / strategic16.85%94,202,073
Institutions75.59%422,551,627
Public float6.89%38,541,718

% of common shares outstanding (exact, from the latest cover-page filing). Institutions are quarterly 13F snapshots; insiders reflect current officers & directors.

Insiders 22

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Insider% of sharesShares
Investor AB10% owner
10.45%58,439,208
Friedman Adena TCEOChair and CEO · Director
0.35%1,983,866
Griggs PC NelsonPres. Capital Access Platforms
0.04%233,798
Splinter Michael RDirector
0.04%233,213
Tal CohenPres. Market Platforms
0.04%215,208
Zecca JohnEVP, Global CLO
0.03%153,334
Kazim EssaDirector
0.03%146,917
Peterson Bradley JEVP, CIO
0.03%141,035
Skule JeremyEVP, CSO
0.02%104,573
Youngwood SarahEVP & CFO
0.01%74,558

Institutional holders 1,120

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HolderValue% of shares
Vanguard Group Inc$5.82B10.72%
Wellington Management Group LLP$3.66B6.74%
BlackRock, Inc.$2.93B6.65%
Massachusetts Financial Services Company$2.68B4.94%
State Street Corporation$1.59B3.61%
Geode Capital Management, LLC$1.10B2.32%
Franklin Resources, Inc.$1.03B1.89%
Morgan Stanley$900.06M1.66%
Bank of America Corp /De$844.20M1.55%
Harris Associates L P$837.42M1.54%

Activity

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InsidersInstitutions
What insiders are doing in this stock (Form 4).
DateActorActionSecurityValueShares ΔPosition afterImpact
Feb 2, 2026Friedman Adena T
CEO
SellCommon Stock, par value $0.01 per share$29.07M-300K
-13.48%
1,924,903
0.34% of shares
high
Jan 2, 2026Friedman Adena T
CEO
SellCommon Stock, par value $0.01 per share$28.92M-300K
-13.48%
1,924,903
0.34% of shares
high
Feb 13, 2026Investor AB
10% owner
BuyCommon Stock$15.84M+200K
+0.34%
58,382,426
10.44% of shares
high
Apr 1, 2026Friedman Adena T
CEO
SellCommon Stock, par value $0.01 per share$9.71M-114K
-5.46%
1,965,751
0.35% of shares
medium
Feb 12, 2026Friedman Adena T
CEO
OtherCommon Stock, par value $0.01 per share$9.31M-116K
-5.38%
2,037,583
0.36% of shares
low
Mar 6, 2026Friedman Adena T
CEO
SellCommon Stock, par value $0.01 per share$8.36M-93K
-4.27%
2,079,323
0.37% of shares
medium
Feb 2, 2026Friedman Adena T
CEO
ExerciseCommon Stock, par value $0.01 per share$6.67M+300K
+15.59%
2,224,903
0.40% of shares
low
Jan 2, 2026Friedman Adena T
CEO
ExerciseCommon Stock, par value $0.01 per share$6.67M+300K
+15.59%
2,224,903
0.40% of shares
low

5%+ ownership events

Schedule 13D / 13G
FilerStance% of classSharesDate
Vanguard Group IncPassive13G/A—0—
Vanguard Capital ManagementPassive13G—35,762,865—
Massachusetts Financial Services CompanyPassive13G———

Securities

via CUSIP / OpenFIGI
SymbolTypeMarketCUSIPFIGI
NDAQ——631103108—