Rakuten Investment Management Inc. Has $12.32 Million Stock Holdings in Intercontinental Exchange Inc. $ICE

Posted by Brenda Bartman on Jun 16th, 2026

Rakuten Investment Management Inc. grew its holdings in Intercontinental Exchange Inc. (NYSE:ICE – Free Report) by 136.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,102 shares of the financial services provider’s stock after acquiring an additional 43,303 shares during the period. Rakuten Investment Management Inc.’s holdings in Intercontinental Exchange were worth $12,315,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. L2 Asset Management LLC grew its position in Intercontinental Exchange by 7.0% in the fourth quarter. L2 Asset Management LLC now owns 2,867 shares of the financial services provider’s stock worth $464,000 after acquiring an additional 187 shares in the last quarter. Brooklands Fund Management Ltd bought a new stake in Intercontinental Exchange in the fourth quarter worth approximately $28,000. Cynosure Group LLC bought a new stake in Intercontinental Exchange in the fourth quarter worth approximately $534,000. 71 West Capital Partners bought a new stake in Intercontinental Exchange in the fourth quarter worth approximately $303,000. Finally, Sycale Advisors NY LLC grew its position in Intercontinental Exchange by 27.3% in the fourth quarter. Sycale Advisors NY LLC now owns 172,352 shares of the financial services provider’s stock worth $27,914,000 after acquiring an additional 36,950 shares in the last quarter. 89.30% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ICE has been the subject of several recent research reports. Morgan Stanley boosted their target price on shares of Intercontinental Exchange from $183.00 to $187.00 and gave the stock an “equal weight” rating in a research report on Friday, April 10th. UBS Group reaffirmed a “buy” rating and set a $205.00 price objective on shares of Intercontinental Exchange in a report on Wednesday, May 20th. Weiss Ratings downgraded shares of Intercontinental Exchange from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 2nd. Keefe, Bruyette & Woods began coverage on shares of Intercontinental Exchange in a report on Wednesday, April 8th. They set an “outperform” rating and a $190.00 price objective for the company. Finally, Barclays reaffirmed an “overweight” rating and set a $201.00 price objective (up from $198.00) on shares of Intercontinental Exchange in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $193.00.

Read Our Latest Analysis on ICE

Insider Activity at Intercontinental Exchange

In other Intercontinental Exchange news, Director Sharon Bowen sold 667 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $151.28, for a total value of $100,903.76. Following the completion of the sale, the director directly owned 15,077 shares of the company’s stock, valued at $2,280,848.56. This represents a 4.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Mayur Kapani sold 4,271 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $155.42, for a total transaction of $663,798.82. Following the completion of the sale, the chief technology officer directly owned 64,869 shares in the company, valued at $10,081,939.98. This trade represents a 6.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 12,092 shares of company stock valued at $1,860,424 in the last quarter. Company insiders own 0.84% of the company’s stock.

Intercontinental Exchange Price Performance

NYSE ICE opened at $139.87 on Tuesday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.63. The company has a fifty day simple moving average of $153.76 and a 200 day simple moving average of $159.21. The company has a market cap of $79.10 billion, a P/E ratio of 20.36, a P/E/G ratio of 1.35 and a beta of 0.92. Intercontinental Exchange Inc. has a 1 year low of $136.67 and a 1 year high of $189.35.

Intercontinental Exchange (NYSE:ICE – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The financial services provider reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.23 by $0.12. The business had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $2.88 billion. Intercontinental Exchange had a net margin of 30.06% and a return on equity of 14.99%. Intercontinental Exchange’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.72 EPS. On average, sell-side analysts predict that Intercontinental Exchange Inc. will post 8.16 EPS for the current year.

Intercontinental Exchange Profile

(Free Report)

Intercontinental Exchange (NYSE: ICE) is a global operator of exchanges, clearing houses and data services that provides infrastructure for the trading, clearing, settlement and information needs of financial and commodity markets. Founded in 2000 by Jeffrey C. Sprecher as an electronic energy trading platform, the company has grown through organic expansion and acquisitions to operate a broad portfolio of assets spanning listed equities, futures and options, fixed income, and over-the-counter derivatives.