Nasdaq executive vice president sells $976,484 in stock By Investing.com

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Jeremy Skule, the Executive Vice President of Nasdaq, Inc. (NASDAQ:NDAQ), recently executed significant stock transactions, according to a recent SEC filing. On December 9, Skule sold a total of 12,074 shares of Nasdaq common stock in two separate transactions. The shares were sold at an average price range between $80.87 and $80.88, resulting in a total value of $976,484. The transactions come as Nasdaq trades near its 52-week high of $83.77, with the stock showing remarkable strength, up approximately 36% over the past six months.

Additionally, on December 6, Skule surrendered 4,126 shares to cover withholding taxes related to the vesting of equity under Nasdaq’s Equity Incentive Plan. These shares were valued at $81.14 each, totaling $334,783. According to InvestingPro data, Nasdaq currently maintains a strong market capitalization of $46.17 billion and shows good overall financial health.

Following these transactions, Skule…

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