Rep. April McClain Delaney disclosed roughly $56,000 in purchases of Nasdaq Inc. over a five-week stretch, steadily building a position in the exchange operator as its shares traded near the upper end of their 52-week range.
The Maryland Democrat reported seven separate purchases of NDAQ between Feb. 27 and March 31, 2026, according to newly filed transaction reports. Each trade was valued between $1,000 and $15,000, the disclosure range required under the STOCK Act.
- Feb. 27, 2026 — Buy, $1K–$15K (DC)
- Mar. 3, 2026 — Buy, $1K–$15K (DC)
- Mar. 4, 2026 — Buy, $1K–$15K (DC)
- Mar. 9, 2026 — Buy, $1K–$15K (DC)
- Mar. 10, 2026 — Buy, $1K–$15K (DC)
- Mar. 18, 2026 — Buy, $1K–$15K (DC)
- Mar. 31, 2026 — Buy, $1K–$15K (DC)
The repeated buys suggest a deliberate accumulation strategy rather than a one-off investment. In total, the transactions amount to an estimated $56,000, based on the midpoint of each reported range.
Nasdaq, Inc., which operates the Nasdaq Stock Market and a growing suite of financial technology and market infrastructure services, has a market capitalization of approximately $48.8 billion. Shares recently traded at $85.53, compared with a 52-week range of $64.84 to $101.79. The stock has pulled back from its highs but remains well above its yearly low.
McClain Delaney serves on the House Committee on Science, Space, and Technology and the House Committee on Agriculture. Within Agriculture, she sits on subcommittees covering Commodity Markets, Digital Assets, and Rural Development, as well as Conservation, Research, and Biotechnology. The commodity markets and digital assets panel has jurisdiction over derivatives markets and aspects of financial market structure — areas directly tied to exchange operators and trading platforms.
While Nasdaq is best known for its equities exchange, the company has expanded into data services, market technology, and digital asset infrastructure, positioning itself at the intersection of traditional finance and emerging trading platforms. That overlap makes the stock notable for a lawmaker involved in market structure and digital asset policy discussions.
McClain Delaney has reported 250 trades during her time in Congress, placing her among the more active members in terms of transaction volume. Nasdaq is also a popular pick on Capitol Hill: at least 20 lawmakers have disclosed trades in the stock, according to congressional filings.
The STOCK Act requires members of Congress to disclose stock trades within 45 days but does not prohibit them from buying or selling individual equities. McClain Delaney’s disclosures were filed within the required reporting window.
The purchases came during a period of continued debate in Washington over market regulation, digital asset oversight and exchange competition — policy areas that could affect companies like Nasdaq. Investors watching Capitol Hill activity often track such disclosures for signals about lawmakers’ sector preferences. Readers can follow the latest congressional trades for additional activity across the financial services and technology sectors.
For now, the Maryland Democrat appears to be making a measured bet on the long-term outlook for one of the country’s largest exchange operators, adding to her position incrementally as the first quarter drew to a close.