Intercontinental Exchange Inc. $ICE Shares Bought by Resona Asset Management Co. Ltd.

Posted by Brian Himes on Jul 10th, 2026

Resona Asset Management Co. Ltd. grew its stake in shares of Intercontinental Exchange Inc. (NYSE:ICE – Free Report) by 2.3% in the 1st quarter, Holdings Channel reports. The firm owned 180,928 shares of the financial services provider’s stock after acquiring an additional 4,134 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Intercontinental Exchange were worth $28,445,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in ICE. J. Stern & Co. LLP boosted its position in Intercontinental Exchange by 17,398.1% during the 4th quarter. J. Stern & Co. LLP now owns 54,107,273 shares of the financial services provider’s stock valued at $8,763,214,000 after purchasing an additional 53,798,055 shares during the period. Norges Bank acquired a new stake in Intercontinental Exchange in the fourth quarter worth $1,418,228,000. Viking Global Investors LP acquired a new stake in Intercontinental Exchange in the fourth quarter worth $777,926,000. Wellington Management Group LLP lifted its stake in Intercontinental Exchange by 64.7% in the third quarter. Wellington Management Group LLP now owns 10,354,224 shares of the financial services provider’s stock valued at $1,744,480,000 after buying an additional 4,067,922 shares during the last quarter. Finally, Boston Partners lifted its stake in Intercontinental Exchange by 148.6% in the fourth quarter. Boston Partners now owns 3,203,845 shares of the financial services provider’s stock valued at $519,701,000 after buying an additional 1,914,851 shares during the last quarter. Institutional investors own 89.30% of the company’s stock.

Insider Activity

In other Intercontinental Exchange news, CTO Mayur Kapani sold 4,271 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $155.42, for a total transaction of $663,798.82. Following the sale, the chief technology officer directly owned 64,869 shares in the company, valued at approximately $10,081,939.98. The trade was a 6.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William Jefferson Hague sold 1,333 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $139.46, for a total transaction of $185,900.18. Following the completion of the sale, the director directly owned 20,132 shares of the company’s stock, valued at approximately $2,807,608.72. This represents a 6.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 13,425 shares of company stock worth $2,046,324 in the last 90 days. 0.84% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ICE. Weiss Ratings lowered shares of Intercontinental Exchange from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, June 17th. TD Cowen cut their price objective on shares of Intercontinental Exchange from $193.00 to $153.00 and set a “buy” rating on the stock in a research report on Monday, June 22nd. Raymond James Financial set a $208.00 target price on shares of Intercontinental Exchange in a research note on Monday. Morgan Stanley upped 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. Finally, The Goldman Sachs Group dropped their price target on shares of Intercontinental Exchange from $208.00 to $180.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. One 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’s stock. Based on data from MarketBeat, Intercontinental Exchange presently has a consensus rating of “Moderate Buy” and an average target price of $185.33.

Get Our Latest Report on ICE

Key Headlines Impacting Intercontinental Exchange

Here are the key news stories impacting Intercontinental Exchange this week:

Positive Sentiment: Barclays raised its price target on Intercontinental Exchange (ICE) to $180, while maintaining an overweight rating, signaling confidence in the company’s longer-term earnings power. Intercontinental Exchange (NYSE:ICE) Given New $180.00 Price Target at Barclays
Positive Sentiment: Brokerages now have a consensus “Moderate Buy” recommendation on ICE, showing Wall Street remains broadly constructive on the stock despite recent volatility. Intercontinental Exchange Inc. (NYSE:ICE) Given Consensus Recommendation of “Moderate Buy” by Brokerages
Neutral Sentiment: ICE’s shares underperformed peers in Thursday trading, reflecting cautious sentiment around the stock relative to other financial-market infrastructure names. Intercontinental Exchange Inc. stock underperforms Thursday when compared to competitors
Neutral Sentiment: Analysts expect ICE’s next quarterly report to show high single-digit EPS growth, which supports the view that fundamentals remain solid heading into earnings. What to Expect From Intercontinental Exchange’s Next Quarterly Earnings Report
Negative Sentiment: Recent commentary tied ICE’s decline to softer June volume trends and analyst estimate cuts, with concerns centered on weaker futures trading activity and lower near-term revenue expectations. Intercontinental Exchange Slides as Softer June Volume Trends Trigger Estimate Cuts
Negative Sentiment: Higher margin requirements in ICE coffee futures have contributed to volatile commodity trading conditions, which may weigh on near-term trading activity even as coffee prices surge. Coffee Prices Finish Sharply Higher in Illiquid Market

Intercontinental Exchange Trading Down 1.5%

NYSE:ICE opened at $135.14 on Friday. The stock has a market cap of $76.42 billion, a price-to-earnings ratio of 19.67, a PEG ratio of 1.29 and a beta of 0.94. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.01 and a current ratio of 1.01. Intercontinental Exchange Inc. has a 1 year low of $121.79 and a 1 year high of $189.35. The business has a fifty day moving average of $142.91 and a 200-day moving average of $155.73.

Intercontinental Exchange (NYSE:ICE – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The financial services provider reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.23 by $0.12. The business had revenue of $3.67 billion for the quarter, compared to analysts’ expectations of $2.88 billion. Intercontinental Exchange had a net margin of 30.06% and a return on equity of 14.99%. The company’s revenue was up 20.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.72 earnings per share. Equities analysts predict that Intercontinental Exchange Inc. will post 8.35 earnings per share for the current year.

Intercontinental Exchange Company 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.