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
Insider flow · last 90 daysNet buys $4.15M

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

Jun 30, 2026View all →
InsidersInstitutions
Who's accumulating and trimming this stock (13F).
DateActorActionSecurityValueShares ΔPosition afterImpact
Q1 2026
as of
Norges Bank
13F manager
ExitCommon stock$-530.10M-5.5M
-100.00%
0
high
Q3 2025
as of
Farallon Capital Management LLC
13F manager
NewCommon stock$320.46M+3.6M
3,623,043
0.65% of shares
high
Q2 2026
as of
BlackRock, Inc.
13F manager
TrimCommon stock$-182.05M-2.3M
-5.85%
37,194,072
6.65% of shares
high
Q4 2025
as of
Bank of America Corp /De
13F manager
AddCommon stock$170.95M+1.8M
+25.39%
8,691,428
1.55% of shares
high
Q4 2025
as of
Barclays PLC
13F manager
TrimCommon stock$-116.37M-1.2M
-49.02%
1,245,999
0.22% of shares
high
Q3 2025
as of
Barclays PLC
13F manager
AddCommon stock$81.56M+922K
+60.59%
2,444,039
0.44% of shares
high
Q1 2026
as of
Two Sigma Investments, LP
13F manager
AddCommon stock$74.38M+876K
+60.05%
2,335,247
0.42% of shares
high
Q4 2025
as of
Norges Bank
13F manager
AddCommon stock$68.05M+701K
+14.73%
5,457,639
0.98% of shares
high

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—