SEB Asset Management AB Purchases New Shares in Intercontinental Exchange Inc. $ICE

Posted by Brenda Bartman on Jul 20th, 2026

SEB Asset Management AB purchased a new position in shares of Intercontinental Exchange Inc. (NYSE:ICE – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 121,179 shares of the financial services provider’s stock, valued at approximately $19,059,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Ares Financial Consulting LLC acquired a new stake in shares of Intercontinental Exchange during the fourth quarter valued at about $25,000. Steph & Co. lifted its stake in shares of Intercontinental Exchange by 104.7% in the fourth quarter. Steph & Co. now owns 174 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 89 shares in the last quarter. Brooklands Fund Management Ltd purchased a new position in Intercontinental Exchange in the fourth quarter valued at about $28,000. Swiss RE Ltd. purchased a new position in Intercontinental Exchange in the fourth quarter valued at about $28,000. Finally, Dorato Capital Management acquired a new stake in Intercontinental Exchange during the 4th quarter valued at approximately $29,000. Institutional investors and hedge funds own 89.30% of the company’s stock.

Intercontinental Exchange Stock Down 0.1%

Shares of Intercontinental Exchange stock opened at $139.55 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.63. The business has a 50-day moving average price of $140.83 and a 200 day moving average price of $154.71. Intercontinental Exchange Inc. has a fifty-two week low of $121.79 and a fifty-two week high of $189.35. The firm has a market cap of $78.92 billion, a P/E ratio of 20.31, a P/E/G ratio of 1.44 and a beta of 0.94.

Intercontinental Exchange (NYSE:ICE – Get Free Report) last issued its earnings results on Thursday, April 30th. The financial services provider reported $2.35 EPS for the quarter, topping the consensus estimate of $2.23 by $0.12. Intercontinental Exchange had a return on equity of 14.99% and a net margin of 30.06%.The company had revenue of $3.67 billion during the quarter, compared to analyst estimates of $2.88 billion. During the same quarter last year, the firm earned $1.72 EPS. The business’s revenue was up 20.4% on a year-over-year basis. On average, sell-side analysts forecast that Intercontinental Exchange Inc. will post 8.07 earnings per share for the current fiscal year.

Insider Activity

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Weiss Ratings downgraded Intercontinental Exchange from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, June 17th. Rothschild & Co Redburn set a $177.00 target price on Intercontinental Exchange in a research note on Thursday, June 11th. Morgan Stanley decreased their price target on shares of Intercontinental Exchange from $187.00 to $163.00 and set an “equal weight” rating for the company in a research report on Friday, July 10th. Raymond James Financial set a $208.00 price target on shares of Intercontinental Exchange in a research note on Monday, July 6th. Finally, Keefe, Bruyette & Woods assumed coverage on shares of Intercontinental Exchange in a report on Wednesday, April 8th. They issued an “outperform” rating and a $190.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Intercontinental Exchange currently has a consensus rating of “Moderate Buy” and an average price target of $181.58.

Read Our Latest Research Report on Intercontinental Exchange

About Intercontinental Exchange

(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.