Nasdaq, Inc.

(NASDAQ Global Select)
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Bullish +55

Fund Update: New $36.9M $NDAQ stock position opened by Mediolanum International Funds Ltd - Quiver Quantitative

AI-generated analysis

πŸ“ˆ Mediolanum International Funds Ltd opened a new $36.9M position in NDAQ based on Q1 2026 filings.

πŸ“‰ UBS Asset Management Americas reduced its NDAQ holdings by 73.8%, exiting over $1 billion in value.

πŸ“ˆ Morgan Stanley increased its NDAQ stake by 62.6%, adding approximately $346.5 million to its portfolio.

πŸ“ˆ UBS Group AG added 3.1M shares, representing an 81.5% increase valued at roughly $266 million.

πŸ’° CEO Adena Friedman sold 113,611 shares for an estimated $9.7 million in the last six months.

πŸ›οΈ Members of Congress have purchased NDAQ stock seven times recently with zero sales recorded.

πŸ“Š Three major firms (Barclays, JP Morgan, Morgan Stanley) issued 'Overweight' ratings on NDAQ.

🎯 Analyst price targets for NDAQ range from $97.00 to $120.00 with a median of $108.00.

Bullish Signals
  • Mediolanum International Funds Ltd initiated a new $36.9 million position, signaling fresh institutional capital inflow.
  • Morgan Stanley significantly increased its holdings by over 62%, adding more than $346 million to its portfolio.
  • UBS Group AG added over 3 million shares, representing an 81.5% increase in their NDAQ stake.
  • Major Wall Street analysts maintain bullish sentiment with three firms issuing 'Overweight' ratings.
  • Analyst price targets are generally supportive, with a median target of $108 and high-end targets reaching $120.
  • Members of Congress have exclusively purchased NDAQ stock seven times in the past six months.
Risk Factors
  • UBS Asset Management Americas drastically reduced its position by 73.8%, removing over $1 billion in shares.
  • Wellington Management Group decreased its holdings by 5.4%, selling approximately $208 million worth of stock.
  • Insider trading data shows a net sell trend among executives, with the CEO and multiple EVPs selling shares.
  • Bank of America added shares but also saw significant insider selling activity from other C-suite members.
Full Analysis
Mediolanum International Funds Ltd has established a new $36.9 million position in NDAQ stock, according to an SEC 13F filing for the period ending March 31, 2026. This institutional activity highlights continued interest from major asset managers in the Nasdaq parent company. Institutional ownership of NDAQ has seen mixed movements recently, with 508 investors adding shares while 513 decreased their holdings. Notable shifts include UBS Asset Management Americas removing over $1 billion worth of shares, while Morgan Stanley and UBS Group AG significantly increased their stakes by over $346 million and $266 million respectively. Insider trading data reveals a net selling trend among executives, with CEO Adena Friedman and other C-suite officers offloading millions in stock over the last six months. Conversely, members of Congress have been active buyers, purchasing shares worth up to $105,000 multiple times in early 2026. Wall Street sentiment remains bullish, with major firms like Barclays, JP Morgan, and Morgan Stanley maintaining 'Overweight' ratings. Analyst price targets range from $97 to $120, with a median target of $108, suggesting confidence in the stock's valuation despite mixed insider activity.