BlackRock Discloses Passive Stake in NASDAQ, INC. Common Stock
Ticker: NDAQ · Form: SC 13G · Filed: Jan 31, 2024 · CIK: 1120193
| Field | Detail |
|---|---|
| Company | Nasdaq, Inc. (NDAQ) |
| Form Type | SC 13G |
| Filed Date | Jan 31, 2024 |
| Risk Level | low |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, passive-investment, SC-13G
TL;DR
**BlackRock owns a chunk of NASDAQ, INC., signaling institutional confidence.**
AI Summary
BlackRock Inc., a major investment firm, filed an SC 13G on January 31, 2024, disclosing its ownership of NASDAQ, INC. (ticker: NDAQ) common stock as of December 31, 2023. This filing indicates that BlackRock holds a significant, but passive, stake in NASDAQ, INC., meaning they are not seeking to influence management. For investors, this signals that a large, reputable institution sees value in NASDAQ, INC. stock, potentially lending credibility to its long-term prospects.
Why It Matters
This filing shows that a major institutional investor, BlackRock, has a significant, passive holding in NASDAQ, INC., which can be a vote of confidence for current and prospective shareholders.
Risk Assessment
Risk Level: low — This filing indicates a passive investment by a large institution, which generally reduces risk by providing stability and institutional backing.
Analyst Insight
A smart investor would view BlackRock's passive stake as a positive signal, suggesting institutional confidence in NASDAQ, INC., and might consider further research into the company's fundamentals.
Key Players & Entities
- BlackRock Inc. (company) — the filer and reporting person
- NASDAQ, INC. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 31, 2024 (date) — the filing date of the SC 13G
Forward-Looking Statements
- BlackRock will maintain its passive stake in NASDAQ, INC. for the foreseeable future. (BlackRock Inc.) — high confidence, target: 2025-01-31
FAQ
Who filed this SC 13G statement?
This SC 13G statement was filed by BlackRock Inc., as indicated in the 'FILED BY' section of the filing.
What company's securities are the subject of this filing?
The subject company for this filing is NASDAQ, INC., as stated under 'SUBJECT COMPANY' and 'Name of Issuer' in the filing.
What is the CUSIP Number for the securities reported?
The CUSIP Number for the Common Stock of NASDAQ, INC. is 631103108, as listed in the filing.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, according to the filing.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' next to '[X] Rule 13d-1(b)' in the filing.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on January 31, 2024 regarding NASDAQ, INC. (NDAQ).