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buyModerate cluster of 2

Johan Torgeby bought $958k of NDAQ

director at NASDAQ, INC.. 12,000 shares at an average of $79.86, traded Feb 17, 2026, filed Feb 19, 2026.

Conviction score
57
Value
$958k
12,000 shares
Holdings after
40,797
+42% from before
From 52-week low
+22%
low $65.15, close $79.43
From 52-week high
-21%
high $99.96, as of Feb 17, 2026

Score components

  • Role
    Director
    +15
  • Trade size
    $958k at market
    +24
  • Relative to holdings
    Holdings up 42%
    +6
  • Price context
    21% below the 52-week high
    +4
  • Cluster
    2 insiders buying within 14 days
    +8
  • Repeat buying
    First buy in 90 days
    0
  • Track record
    Too few past buys to judge (0 with prices)
    0

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

NDAQOct 9, 2026 · close 93.65
Since filing Feb 19, 2026: +16.2%SPY +14.6% · excess +1.6%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001193125-26-059323, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Feb 17, 2026POpen-market purchase
Common Stock, par value $0.01 per share
+12,000$79.86$958k40,797Feb 19, 2026

Related signals

Other insiders at NASDAQ, INC. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
5Weak
NDAQsell10b5-1
NASDAQ, INC.
Jeremy Skule
EVP, CSO
$107k
1,125 shares
-1%
5Weak
NDAQsell10b5-1
NASDAQ, INC.
Jeremy Skule
EVP, CSO
$106k
1,125 shares
-1%
30Weak
NDAQsell
NASDAQ, INC.
Michelle Lynn Daly
SVP, Controller & PAO
$118k
1,323 shares
-12%
15Weak
NDAQsell10b5-1
NASDAQ, INC.
Adena T Friedman
Chair and CEO
$9.7M
113,611 shares
-5%
23Weak
NDAQsell 210b5-1
NASDAQ, INC.
Adena T Friedman
Chair and CEO
$8.4M
92,840 shares
-4%
28Weak
NDAQsell 310b5-1
NASDAQ, INC.
Bryan Everard Smith
EVP, CPO
$523k
6,000 shares
-8%
48Moderate
NDAQsell 2
NASDAQ, INC.
Michelle Lynn Daly
SVP, Controller & PAO
$353k
4,339 shares
-29%
39Weak
NDAQbuy 2
NASDAQ, INC.
Ab Investor
owner
$16M
200,000 shares
+0%
20Weak
NDAQsell10b5-1
NASDAQ, INC.
Adena T Friedman
Chair and CEO
$29M
300,000 shares
-13%
20Weak
NDAQsell 210b5-1
NASDAQ, INC.
John Zecca
EVP, Global CLO
$450k
4,500 shares
-3%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Johan Torgeby bought $958k of NDAQ | InsiderTell