Nasdaq (NDAQ) Pres. Market Platforms Tal Sells $1.1M of Stock

By TradeTexts Research Desk Oct 27, 2026, 5:01 PM EDT

Key Points

Cohen Tal, President of Market Platforms, sold 10,390 shares of Nasdaq, Inc. at an average price of $103.34 each, totaling about $1.07 million.
After the trade, Cohen Tal holds 205,076 $NDAQ shares, down 4.82% from before the trade.
Nasdaq, Inc. closed at $102.56 on the day of the sale and has recently traded around $104.83, which is about 2.2% above that closing price.
Analysts have maintained positive ratings for Nasdaq, Inc. with targets ranging from $111 to $132 following Tal's sale.

Since the trade, $NDAQ is up 2.1% to date (from the $102.56 close on Oct 23, 2026).

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Cohen Tal, the President of Market Platforms at Nasdaq, Inc. (NDAQ), sold 10,390 shares on October 23, 2026, for approximately $1,073,703. The sale was reported in a Form 4 filing with the SEC. Following this transaction, Tal holds 205,076 shares, which is a reduction of about 4.82% from his previous holdings.

NDAQ Nasdaq, Inc.

$104.72 +9.44% year to date

Daily close · Oct 26, 2026

Inside Cohen Tal's Trade

Tal's sale occurred at an average price of $103.34 per share. The shares were sold on the same day that Nasdaq, Inc. closed at $102.56. This indicates a strong market position, as the stock has since traded higher, recently around $104.83.

Other Institutional Activity in Nasdaq, Inc.

Several other institutional investors have adjusted their positions in Nasdaq, Inc. Harris Associates L P reduced its holdings by 611,506 shares, ending with 8,010,183 shares valued at about $715.2 million. Massachusetts Financial Services Co. cut its stake by 5,800,355 shares, bringing its total to 23,259,539 shares worth around $2.43 billion. Orgel Wealth Management added 2,505 shares, now holding 2,505 shares valued at $230,486.

Nasdaq, Inc. Stock Up 0.1%

On October 23, 2026, Nasdaq, Inc. closed at $102.56, and as of October 27, 2026, it has traded recently around $104.83, which is about 2.2% higher. The stock is currently above its 50-day moving average by about 10.3% and its 200-day moving average by about 15.9%. However, it remains below its 52-week high of $105.45 by 0.6%.

Recent Earnings

For the trailing twelve months, Nasdaq, Inc. reported revenue of approximately $5.78 billion and an earnings per share (EPS) of $3.66. The company has shown a revenue growth of 12.6% year over year. Its next earnings report is scheduled for January 28, 2027.

Insider Buying and Selling at Nasdaq, Inc.

Since September 2026, multiple insiders have sold shares of Nasdaq, Inc. Jeremy Skule, an officer, sold 1,125 shares on October 12, 2026, at an average price of $94.13, and again on October 20, 2026, at $95. These transactions occurred before Tal's sale and reflect ongoing insider activity.

Analysts Set New Price Targets

On October 23, 2026, several analysts reaffirmed their ratings for Nasdaq, Inc. Goldman Sachs maintained a Buy rating with a target of $120, while Morgan Stanley raised its target to $132, keeping its Overweight rating. JP Morgan also maintained its Overweight rating, raising its target to $122. The consensus among analysts suggests a positive outlook, with a mean target price of $115.25.

About Nasdaq, Inc.

Nasdaq, Inc. operates as a technology company focused on capital markets and other industries worldwide. It offers services through three segments: Capital Access Platforms, Financial Technology, and Market Services. The recent insider selling reflects strategic adjustments as the company navigates a competitive market landscape.

Bottom Line

Investors should keep an eye on Nasdaq, Inc.'s upcoming earnings report on January 28, 2027, as well as any further insider transactions. The recent sale by Cohen Tal and the positive analyst ratings indicate active market engagement around this stock.