Intercontinental Exchange Inc. (NYSE:ICE – Get Free Report) insider Christopher Edmonds sold 5,000 shares of the company’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $160.59, for a total value of $802,950.00. Following the completion of the transaction, the insider owned 14,367 shares in the company, valued at $2,307,196.53. This represents a 25.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Intercontinental Exchange Stock Performance
NYSE:ICE opened at $161.34 on Friday. The stock has a market cap of $90.57 billion, a P/E ratio of 22.79, a PEG ratio of 1.57 and a beta of 0.93. 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’s 50-day moving average price is $148.11 and its two-hundred day moving average price is $151.61. Intercontinental Exchange Inc. has a twelve month low of $121.79 and a twelve month high of $176.59.
Intercontinental Exchange (NYSE:ICE – Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $3.61 billion during the quarter, compared to analyst estimates of $2.63 billion. Intercontinental Exchange had a return on equity of 14.95% and a net margin of 30.08%.Intercontinental Exchange’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.81 earnings per share. As a group, equities analysts predict that Intercontinental Exchange Inc. will post 8.1 EPS for the current fiscal year.
Intercontinental Exchange News Summary
- Positive Sentiment: Trading activity strengthened: ICE reported a 14% year-over-year increase in average daily volume during August 2026. Higher volumes can support transaction-based revenue across its exchanges and clearing operations. Intercontinental Exchange’s daily volume up 14% Y/Y in August
- Positive Sentiment: Data-services offering expanded: ICE added Parameta Solutions’ over-the-counter pricing to its consolidated feed, which incorporates data from approximately 600 sources. The initiative could improve ICE’s information-services offering and support recurring revenue. ICE Adds Parameta’s OTC Prices to Its 600-Source Consolidated Feed
- Positive Sentiment: International collaboration: The New York Stock Exchange and Korea Exchange agreed to collaborate, potentially supporting cross-market connectivity and future product development. New York Stock Exchange and Korea Exchange to collaborate
- Neutral Sentiment: Relative-performance concerns: A market commentary examined whether ICE is underperforming the Dow, which may be prompting investors to reassess the stock’s valuation and near-term momentum. Is Intercontinental Exchange Stock Underperforming the Dow?
- Negative Sentiment: Insider selling added pressure: President Benjamin Jackson and insider Christopher Edmonds sold a combined 17,862 shares for approximately $2.86 million. Although both retained substantial holdings, the transactions may weigh on sentiment. Insider Selling at Intercontinental Exchange
- Negative Sentiment: Investor concerns remain: A Meridian Hedged Equity Fund letter highlighted pressures affecting ICE during the second quarter, including the market environment surrounding geopolitical tensions and falling crude-oil prices. Here’s What Pressured Intercontinental Exchange
Analysts Set New Price Targets
Several analysts have recently weighed in on ICE shares. Weiss Ratings upgraded shares of Intercontinental Exchange from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 25th. Morgan Stanley reduced their target price on Intercontinental Exchange from $187.00 to $163.00 and set an “equal weight” rating on the stock in a research note on Friday, July 10th. Piper Sandler dropped their price target on Intercontinental Exchange from $211.00 to $190.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. Wall Street Zen cut Intercontinental Exchange from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Rothschild & Co Redburn set a $177.00 price objective on Intercontinental Exchange in a research report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $184.17.
Read Our Latest Stock Analysis on Intercontinental Exchange
Institutional Trading of Intercontinental Exchange
Several hedge funds have recently added to or reduced their stakes in ICE. Rakuten Securities Inc. purchased a new position in shares of Intercontinental Exchange in the second quarter worth about $26,000. Brooklands Fund Management Ltd purchased a new stake in Intercontinental Exchange during the 4th quarter valued at about $28,000. Swiss RE Ltd. purchased a new stake in Intercontinental Exchange during the 4th quarter valued at about $28,000. Lloyd Advisory Services LLC. bought a new position in Intercontinental Exchange during the 4th quarter worth approximately $30,000. Finally, Gables Capital Management Inc. purchased a new position in Intercontinental Exchange in the 2nd quarter worth approximately $31,000. 89.30% of the stock is owned by institutional investors.
About Intercontinental Exchange
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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