Intercontinental Exchange Inc. (NYSE:ICE – Get Free Report) Director William Jefferson Hague sold 1,333 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $139.46, for a total value of $185,900.18. Following the sale, the director directly owned 20,132 shares in the company, valued at $2,807,608.72. This trade represents a 6.21% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
William Jefferson Hague also recently made the following trade(s):
- On Tuesday, June 9th, William Jefferson Hague sold 91 shares of Intercontinental Exchange stock. The stock was sold at an average price of $138.50, for a total value of $12,603.50.
Intercontinental Exchange Stock Performance
NYSE:ICE opened at $134.41 on Thursday. The business’s 50-day moving average price is $152.67 and its two-hundred day moving average price is $158.94. Intercontinental Exchange Inc. has a twelve month low of $133.73 and a twelve month high of $189.35. The stock has a market cap of $76.01 billion, a P/E ratio of 19.56, a PEG ratio of 1.35 and a beta of 0.92. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.63.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on ICE shares. Keefe, Bruyette & Woods started coverage on Intercontinental Exchange in a report on Wednesday, April 8th. They issued an “outperform” rating and a $190.00 price target on the stock. Rothschild & Co Redburn set a $177.00 price target on Intercontinental Exchange in a report on Thursday, June 11th. Barclays reaffirmed an “overweight” rating and issued a $201.00 price target (up from $198.00) on shares of Intercontinental Exchange in a report on Friday, May 1st. Piper Sandler reaffirmed an “overweight” rating and issued a $211.00 price target (up from $195.00) on shares of Intercontinental Exchange in a report on Wednesday, April 15th. Finally, Morgan Stanley raised their price target on Intercontinental Exchange from $183.00 to $187.00 and gave the company an “equal weight” rating in a report on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $193.00.
Check Out Our Latest Report on Intercontinental Exchange
Hedge Funds Weigh In On Intercontinental Exchange
Several institutional investors and hedge funds have recently bought and sold shares of the stock. ICONIQ Capital LLC grew its position in Intercontinental Exchange by 2.2% during the 2nd quarter. ICONIQ Capital LLC now owns 2,621 shares of the financial services provider’s stock worth $481,000 after acquiring an additional 56 shares during the last quarter. Mechanics Financial Corp grew its position in shares of Intercontinental Exchange by 1.0% in the 4th quarter. Mechanics Financial Corp now owns 6,138 shares of the financial services provider’s stock worth $994,000 after buying an additional 60 shares during the last quarter. Mission Wealth Management LP grew its position in shares of Intercontinental Exchange by 2.4% in the 4th 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 last quarter. Aaron Wealth Advisors LLC grew its position in shares of Intercontinental Exchange by 1.9% in the 4th quarter. Aaron Wealth Advisors LLC now owns 3,384 shares of the financial services provider’s stock worth $548,000 after buying an additional 63 shares during the last quarter. Finally, Evergreen Capital Management LLC grew its position in shares of Intercontinental Exchange by 1.5% in the 4th quarter. Evergreen Capital Management LLC now owns 4,207 shares of the financial services provider’s stock worth $681,000 after buying an additional 63 shares during the last quarter. 89.30% of the stock is currently owned by institutional investors.
Intercontinental Exchange Company Profile
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.
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