14,811 Shares in Intercontinental Exchange Inc. $ICE Bought by Meridian Management Co.

Posted by Stanley Muller on Jul 15th, 2026

Meridian Management Co. bought a new position in shares of Intercontinental Exchange Inc. (NYSE:ICE – Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 14,811 shares of the financial services provider’s stock, valued at approximately $2,329,000.

Other hedge funds have also modified their holdings of the company. ICONIQ Capital LLC increased its stake in Intercontinental Exchange by 2.2% in the 2nd quarter. ICONIQ Capital LLC now owns 2,621 shares of the financial services provider’s stock worth $481,000 after purchasing an additional 56 shares in the last quarter. Mechanics Financial Corp lifted its stake in Intercontinental Exchange by 1.0% during the fourth quarter. Mechanics Financial Corp now owns 6,138 shares of the financial services provider’s stock valued at $994,000 after buying an additional 60 shares in the last quarter. Mission Wealth Management LP boosted its holdings in shares of Intercontinental Exchange by 2.4% in the fourth quarter. Mission Wealth Management LP now owns 2,611 shares of the financial services provider’s stock worth $423,000 after buying an additional 62 shares during the period. Aaron Wealth Advisors LLC increased its position in shares of Intercontinental Exchange by 1.9% in the fourth quarter. Aaron Wealth Advisors LLC now owns 3,384 shares of the financial services provider’s stock worth $548,000 after acquiring an additional 63 shares in the last quarter. Finally, Evergreen Capital Management LLC increased its position in shares of Intercontinental Exchange by 1.5% in the fourth quarter. Evergreen Capital Management LLC now owns 4,207 shares of the financial services provider’s stock worth $681,000 after acquiring an additional 63 shares in the last quarter. 89.30% of the stock is owned by hedge funds and other institutional investors.

Intercontinental Exchange Stock Performance

Shares of NYSE ICE opened at $137.61 on Wednesday. The business’s 50-day moving average price is $141.72 and its two-hundred day moving average price is $155.20. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.01 and a quick ratio of 1.01. Intercontinental Exchange Inc. has a one year low of $121.79 and a one year high of $189.35. The company has a market capitalization of $77.82 billion, a P/E ratio of 20.03, a price-to-earnings-growth ratio of 1.39 and a beta of 0.94.

Intercontinental Exchange (NYSE:ICE – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The financial services provider reported $2.35 earnings per share for the quarter, topping analysts’ consensus estimates of $2.23 by $0.12. The company had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $2.88 billion. Intercontinental Exchange had a return on equity of 14.99% and a net margin of 30.06%.The business’s quarterly revenue was up 20.4% on a year-over-year basis. During the same period last year, the business earned $1.72 EPS. Analysts anticipate that Intercontinental Exchange Inc. will post 8.11 earnings per share for the current fiscal year.

Insider Transactions at Intercontinental Exchange

In related news, Director Sharon Bowen sold 667 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $151.28, for a total value of $100,903.76. Following the transaction, the director owned 15,077 shares in the company, valued at approximately $2,280,848.56. This represents a 4.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Warren Gardiner sold 2,490 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $156.64, for a total transaction of $390,033.60. Following the transaction, the chief financial officer directly owned 25,189 shares in the company, valued at approximately $3,945,604.96. The trade was a 9.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,425 shares of company stock valued at $2,046,324 in the last ninety days. 0.84% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ICE. UBS Group reduced their price target on shares of Intercontinental Exchange from $205.00 to $190.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Morgan Stanley lowered their price objective on shares of Intercontinental Exchange from $187.00 to $163.00 and set an “equal weight” rating on the stock in a research report on Friday, July 10th. Raymond James Financial set a $208.00 target price on shares of Intercontinental Exchange in a research note on Monday, July 6th. TD Cowen reduced their target price on Intercontinental Exchange from $193.00 to $153.00 and set a “buy” rating for the company in a report on Monday, June 22nd. Finally, Barclays decreased their target price on Intercontinental Exchange from $201.00 to $180.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $183.33.

Get Our Latest Report on Intercontinental Exchange

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.