Intercontinental Exchange Inc. $ICE Stock Sold by Pictet Asset Management Holding SA

Posted by Brian Himes on Nov 11th, 2026

Pictet Asset Management Holding SA decreased its position in shares of Intercontinental Exchange Inc. (NYSE:ICE – Free Report) by 43.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 328,654 shares of the financial services provider’s stock after selling 250,079 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Intercontinental Exchange were worth $49,966,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in Intercontinental Exchange during the 2nd quarter worth $6,245,085,000. Lombard Odier Asset Management Europe Ltd acquired a new position in Intercontinental Exchange in the first quarter valued at $11,498,000. HF Advisory Group LLC increased its stake in Intercontinental Exchange by 147.5% in the third quarter. HF Advisory Group LLC now owns 15,384 shares of the financial services provider’s stock valued at $2,339,000 after purchasing an additional 9,169 shares during the period. NBT Bank N.A. acquired a new position in Intercontinental Exchange in the third quarter valued at $1,775,000. Finally, Munich Reinsurance Co Stock Corp in Munich raised its holdings in shares of Intercontinental Exchange by 35.5% in the second quarter. Munich Reinsurance Co Stock Corp in Munich now owns 331,547 shares of the financial services provider’s stock valued at $40,817,000 after buying an additional 86,897 shares during the last quarter. Institutional investors and hedge funds own 89.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on ICE shares. Morgan Stanley raised their price target on Intercontinental Exchange from $163.00 to $173.00 and gave the stock an “equal weight” rating in a report on Friday, October 9th. The Goldman Sachs Group upped their price objective on Intercontinental Exchange from $192.00 to $195.00 and gave the company a “buy” rating in a research note on Friday, October 2nd. Rothschild & Co Redburn increased their price objective on Intercontinental Exchange from $173.00 to $181.00 and gave the stock a “buy” rating in a research report on Thursday, September 10th. Raymond James Financial lowered their target price on Intercontinental Exchange from $218.00 to $211.00 and set a “strong-buy” rating on the stock in a research note on Monday, October 5th. Finally, Keefe, Bruyette & Woods boosted their target price on Intercontinental Exchange from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Friday, October 30th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $189.25.

Get Our Latest Analysis on Intercontinental Exchange

Intercontinental Exchange Trading Up 1.2%

NYSE ICE opened at $176.19 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $98.47 billion, a P/E ratio of 21.81, a P/E/G ratio of 1.53 and a beta of 0.84. Intercontinental Exchange Inc. has a 52-week low of $121.79 and a 52-week high of $177.94. The firm has a 50-day moving average price of $159.21 and a 200 day moving average price of $154.66.

Intercontinental Exchange (NYSE:ICE – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The financial services provider reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.05. Intercontinental Exchange had a return on equity of 15.32% and a net margin of 29.62%. The company had revenue of $3.63 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same quarter in the previous year, the company earned $1.71 EPS. The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. Equities research analysts expect that Intercontinental Exchange Inc. will post 8.21 EPS for the current year.

Key Stories Impacting Intercontinental Exchange

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

Positive Sentiment: ICE is expanding its energy markets with European wind futures, giving power-market participants a new way to hedge risks as renewable generation grows. The launch could broaden ICE’s product offering and create additional trading activity, though the financial impact was not specified. What Is Intercontinental Exchange (ICE) Betting On With New European Wind Futures?
Positive Sentiment: Wall Street analysts remain moderately optimistic about ICE’s outlook despite the stock’s underperformance relative to the broader market over the past year. Intercontinental Exchange Stock: Analyst Estimates & Ratings
Neutral Sentiment: The New York Stock Exchange, an ICE business, plans to use Avalanche blockchain exclusively to settle tokenized stocks on a forthcoming 24/7 trading platform. The initiative signals a push into digital-market infrastructure, but its eventual adoption and revenue contribution remain uncertain. NYSE to Settle Tokenized Stocks on Avalanche Blockchain
Neutral Sentiment: ICE’s Mortgage Monitor reported that 2.4 million mortgage holders are “equity millionaires,” with home equity reaching a record in the third quarter. This highlights a strong housing-equity backdrop, but the report does not indicate a direct near-term effect on ICE’s results. ICE Mortgage Monitor: 2.4 Million Mortgage Holders Are Equity Millionaires as Q3 Home Equity Hits Record High
Negative Sentiment: ICE’s president sold about $1.28 million in company shares, and its chief accounting officer sold about $661,000. Insider sales can weigh on sentiment, although the reports do not give a reason for the transactions. ICE President Sells Stock

Insiders Place Their Bets

In related news, CAO James Namkung sold 3,777 shares of the company’s stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $175.00, for a total transaction of $660,975.00. Following the transaction, the chief accounting officer owned 10,325 shares of the company’s stock, valued at $1,806,875. This represents a 26.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Christopher Edmonds sold 5,000 shares of the firm’s stock in a transaction on 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 sale, the insider directly owned 14,367 shares of the company’s stock, valued at approximately $2,307,196.53. This trade represents a 25.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 45,466 shares of company stock worth $7,493,200. Corporate insiders own 0.84% of the company’s stock.

Intercontinental Exchange Company Profile

(Free Report)

Intercontinental Exchange, Inc. (NYSE: ICE) operates exchanges, clearing houses and technology businesses serving financial and commodity markets. Its platforms support the trading and clearing of futures, options and other products across areas such as energy, agriculture, interest rates and equities. The company also provides market data, analytics and connectivity services to financial institutions and other market participants. Intercontinental Exchange owns the New York Stock Exchange and operates exchanges and clearing houses in multiple markets around the world.