FRIEDMAN ADENA T

Chair/CEO Friedman sells 113,611 NDAQ shares at $85.44 for $9.7M; holds 1.99M post-transaction

Adena T. Friedman, Chair and CEO, sold 113,611 shares at $85.44 on 2026-04-01, reducing her holdings by 5.4% to 1,991,941 shares and realizing $9,706,923.84. At his prior NDAQ trades, the insider's 90-day outcomes showed mixed results: a sell on 2026-01-02 returned -10.1% over 90 days (well-timed), while a buy on 2023-07-31 returned -6.7% over the same horizon (poorly-timed), with only 1 of 2 prior measurable NDAQ trades at the 90-day mark being well-timed. Across Friedman's full open-market history (cross-ticker), sells have posted a 100.00% well-timed rate with an average 90-day return of -10.1%, but his buys show a 0.00% win rate over 90 days. The current stock price of $86.65 sits -14.2% from the 52-week high of $100.98, and the company's fundamentals remain solid with $1.958B quarterly revenue, net income of $423.0M, and 11.6% annual revenue growth. The timing and sizing of this sale by the company's top executive warrant monitoring given the mixed execution pattern at this specific ticker.

Friedman (CEO) sells 92,840 NDAQ shares at $90.08 on 2026-03-06; holds 2,079,323 post-sale.

CEO Adena T Friedman sold 92,840 shares on 2026-03-06 at $90.08, reducing holdings by 4.3% to 2,079,323 shares—a moderately sized reduction from her 2.17M-share position. The stock has since declined to $87.60 (current price), trading 13.2% below its 52-week high of $100.98, though it is up 3.3% over the past 30 days. Friedman's cross-ticker sales history shows an average 30-day return of -3.8%, but this metric is limited (only 2 prior sales). At NDAQ specifically, her prior two sales (2026-02-02 and 2026-01-02) showed mixed outcomes: the February sale saw a 30-day decline of -8.0%, while the January sale saw a 30-day gain of +0.5%. The company's fundamentals remain solid—revenue of $1,958,000,000.00, net income of $423,000,000.00, and annual revenue growth of +11.6%—which does not suggest material distress. The sale represents routine portfolio adjustment by a major shareholder rather than a definitive signal of strategic concern.

CEO Adena Friedman sells 300,000 NDAQ shares for $29.1M; stock down 13.1% from 52-week high

Adena Friedman, Chair and CEO of Nasdaq Inc., executed an open-market sale of 300,000 shares at $96.91 on February 2, 2026, reducing holdings by 13.5% to 1,924,903 shares post-transaction. The sale occurs as NDAQ trades -13.1% below its 52-week high of $100.98 and -9.3% over the past 30 days, following a recent January 2 sale that has returned +0.5% through its 30-day window. Friedman's cross-ticker track record shows limited timing precision: 0 of 1 prior trades achieved well-timed outcomes at the 90-day mark, with his prior buy at this ticker (July 2023) delivering -6.7% over 90 days. The current sale at depressed valuation relative to recent peaks, combined with consecutive sales within one month, warrants investor attention, though the Company maintains strong fundamentals with $2.0B quarterly revenue, 22.0% annual growth, and $50.1B market capitalization.

NDAQ Chair/CEO Adena Friedman sells 300,000 shares for $28.9M at $96.39 on 2026-01-02, reducing stake to 1.92M shares

Adena Friedman, Chair and CEO of NASDAQ, executed a substantial sale of 300,000 shares (300.0K shares) at $96.39, representing a 13.5% reduction in her 2,224,903 share pre-transaction position. The current stock price of $100.69 is at the 52-week high, suggesting the sale occurred at a discount to current valuation. The timing is notable: the stock has appreciated 11.6% over 30 days and 12.0% over 90 days since the sale date. Her sole prior open-market purchase at NDAQ in July 2023 showed a 90-day return of -6.7%, and her broader cross-ticker track record shows a 0.00% 90-day win rate on buys. The company fundamentals are solid—revenue of $1,958,000,000.00 (latest quarter), net income of $423,000,000.00, and 22.0% annual revenue growth—though the P/E of 35.33 reflects premium valuation. This sale by the top executive warrants monitoring given the substantial dollar volume and the contrast between the execution price and current market levels.