Wealthfront Advisers LLC Takes $4.38 Million Position in Intercontinental Exchange Inc. $ICE

Posted by Brian Himes on Aug 21st, 2026

Wealthfront Advisers LLC bought a new position in shares of Intercontinental Exchange Inc. (NYSE:ICE – Free Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 35,568 shares of the financial services provider’s stock, valued at approximately $4,379,000.

Several other hedge funds have also made changes to their positions in ICE. Ares Financial Consulting LLC purchased a new position in shares of Intercontinental Exchange in the fourth quarter valued at approximately $25,000. Brooklands Fund Management Ltd purchased a new stake in Intercontinental Exchange during the 4th quarter worth approximately $28,000. Swiss RE Ltd. acquired a new stake in Intercontinental Exchange during the 4th quarter worth approximately $28,000. Lloyd Advisory Services LLC. acquired a new stake in Intercontinental Exchange during the 4th quarter worth approximately $30,000. Finally, Clearstead Trust LLC purchased a new position in Intercontinental Exchange in the 2nd quarter valued at approximately $37,000. Institutional investors and hedge funds own 89.30% of the company’s stock.

Wall Street Analysts Forecast Growth

ICE has been the topic of a number of recent research reports. Piper Sandler cut their price objective on Intercontinental Exchange from $211.00 to $190.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 15th. Rothschild & Co Redburn set a $177.00 target price on Intercontinental Exchange in a research note on Thursday, June 11th. TD Cowen restated a “buy” rating and set a $177.00 price target (up from $159.00) on shares of Intercontinental Exchange in a report on Friday, July 31st. Wall Street Zen lowered Intercontinental Exchange from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Finally, UBS Group reissued a “buy” rating and set a $195.00 price objective (up from $190.00) on shares of Intercontinental Exchange in a research report on Friday, July 31st. One research 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $183.33.

View Our Latest Report on Intercontinental Exchange

Insider Buying and Selling

In related news, SVP Douglas Foley sold 7,300 shares of Intercontinental Exchange stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $148.88, for a total value of $1,086,824.00. Following the transaction, the senior vice president directly owned 19,063 shares in the company, valued at $2,838,099.44. This trade represents a 27.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director William Jefferson Hague sold 1,333 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $139.46, for a total transaction of $185,900.18. Following the completion of the transaction, the director directly owned 20,132 shares in the company, valued at $2,807,608.72. This represents a 6.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 17,709 shares of company stock valued at $2,646,042 in the last ninety days. Company insiders own 0.84% of the company’s stock.

Intercontinental Exchange Price Performance

Shares of ICE opened at $158.68 on Friday. 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 1-year low of $121.79 and a 1-year high of $181.65. The stock has a market cap of $89.08 billion, a PE ratio of 22.41, a price-to-earnings-growth ratio of 1.55 and a beta of 0.92. The firm has a fifty day moving average price of $141.92 and a 200 day moving average price of $151.63.

Intercontinental Exchange (NYSE:ICE – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.90 EPS for the quarter, topping the consensus estimate of $1.84 by $0.06. Intercontinental Exchange had a return on equity of 14.95% and a net margin of 30.08%.The company had revenue of $3.61 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same quarter in the previous year, the company posted $1.81 earnings per share. The firm’s revenue was up 4.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Intercontinental Exchange Inc. will post 8.11 EPS for the current year.

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.