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Sarah Youngwood, Executive Vice President at Nasdaq, Inc. (NASDAQ:NDAQ), recently executed a sale of 14,959 shares of the company’s common stock. The transaction, which took place on March 17, was conducted under a pre-arranged trading plan and amounted to approximately $1.1 million. According to InvestingPro data, Nasdaq has demonstrated strong financial performance with annual revenue of $7.4 billion and maintains a solid dividend track record, having raised dividends for 13 consecutive years. The shares were sold at a weighted average price of $73.68, with individual sale prices ranging from $73.10 to $74.14. Following this sale, Youngwood holds 59,694 shares of Nasdaq stock. Currently trading at $76.59, the stock sits near its 52-week high of $84.15, with a P/E ratio of 39.58 suggesting a premium valuation. For deeper insights into Nasdaq’s valuation and growth prospects, investors can access comprehensive analysis through InvestingPro’s detailed research reports.
In other recent news, Nasdaq Inc. has announced the establishment of a new regional headquarters in Dallas, Texas, emphasizing its commitment to the Southeast U.S. market, where it generates over $750 million in revenues. This expansion aligns with Texas’s economic growth ethos and includes plans for further investments to enhance the region’s financial ecosystem. Nasdaq has also finalized new employment agreements with key executives, including CEO Adena Friedman, President Tal Cohen, and EVP Bradley Peterson, securing their leadership roles until at least 2028. These contracts include substantial base salaries, bonuses, and equity awards, reflecting Nasdaq’s strategy to maintain stable leadership. Additionally, Nasdaq plans to offer 24-hour trading on its equities exchange by the second half of 2026, pending regulatory approval, to meet the growing global demand for U.S. stocks. In another strategic move, Nasdaq appointed Brandis DeSimone as Senior Vice President, Head of East Coast Listings, to enhance client relations and support companies throughout their corporate lifecycle. These developments highlight Nasdaq’s ongoing efforts to strengthen its position in the market and support innovation and growth.
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