Concurrent Investment Advisors LLC Acquires 4,009 Shares of Intercontinental Exchange Inc. $ICE

Posted by George Bondi on Sep 8th, 2026

Concurrent Investment Advisors LLC lifted its holdings in Intercontinental Exchange Inc. (NYSE:ICE – Free Report) by 17.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,439 shares of the financial services provider’s stock after buying an additional 4,009 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Intercontinental Exchange were worth $3,255,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Rakuten Securities Inc. bought a new position in shares of Intercontinental Exchange in the second quarter worth about $26,000. Brooklands Fund Management Ltd bought a new stake in shares of Intercontinental Exchange during the fourth quarter valued at approximately $28,000. Swiss RE Ltd. acquired a new stake in shares of Intercontinental Exchange in the fourth quarter valued at approximately $28,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Intercontinental Exchange in the fourth quarter valued at approximately $30,000. Finally, Gables Capital Management Inc. bought a new position in Intercontinental Exchange in the 2nd quarter worth approximately $31,000. Institutional investors and hedge funds own 89.30% of the company’s stock.

Intercontinental Exchange Stock Performance

Shares of ICE stock opened at $161.34 on Tuesday. The stock has a market cap of $90.57 billion, a PE ratio of 22.79, a price-to-earnings-growth ratio of 1.57 and a beta of 0.93. The stock has a 50-day moving average of $148.88 and a 200-day moving average of $151.66. 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 one year low of $121.79 and a one year high of $176.59.

Intercontinental Exchange (NYSE:ICE – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The financial services provider reported $1.90 earnings per share for the quarter, topping the consensus estimate of $1.84 by $0.06. Intercontinental Exchange had a net margin of 30.08% and a return on equity of 14.95%. The business had revenue of $3.61 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same quarter last year, the firm earned $1.81 EPS. Intercontinental Exchange’s quarterly revenue was up 4.8% compared to the same quarter last year. As a group, sell-side analysts expect that Intercontinental Exchange Inc. will post 8.1 earnings per share for the current year.

Insiders Place Their Bets

In other Intercontinental Exchange news, SVP Douglas Foley sold 1,600 shares of Intercontinental Exchange stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $160.00, for a total transaction of $256,000.00. Following the transaction, the senior vice president directly owned 17,463 shares in the company, valued at approximately $2,794,080. The trade was a 8.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Christopher Edmonds sold 5,000 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $160.59, for a total value of $802,950.00. Following the completion of the transaction, the insider directly owned 14,367 shares of the company’s stock, valued at approximately $2,307,196.53. The trade was a 25.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 40,912 shares of company stock worth $6,403,616 over the last 90 days. 0.84% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on ICE shares. Wall Street Zen downgraded Intercontinental Exchange from a “hold” rating to a “sell” rating in a report on Saturday. Weiss Ratings raised Intercontinental Exchange from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 25th. Raymond James Financial restated a “strong-buy” rating and set a $218.00 target price on shares of Intercontinental Exchange in a research report on Tuesday, September 1st. Barclays reaffirmed an “overweight” rating and set a $182.00 price target (up from $180.00) on shares of Intercontinental Exchange in a research note on Friday, July 31st. Finally, UBS Group reiterated a “buy” rating and issued a $195.00 price target (up from $190.00) on shares of Intercontinental Exchange in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $184.17.

Read Our Latest Report on ICE

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.