Arlington Partners LLC raised its position in Intercontinental Exchange Inc. (NYSE:ICE – Free Report) by 12.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 28,543 shares of the financial services provider’s stock after acquiring an additional 3,199 shares during the period. Arlington Partners LLC’s holdings in Intercontinental Exchange were worth $4,809,000 as of its most recent filing with the SEC.
Several other institutional investors have also bought and sold shares of the stock. Norges Bank purchased a new stake in Intercontinental Exchange in the 2nd quarter valued at about $1,542,780,000. Sands Capital Management LLC lifted its stake in Intercontinental Exchange by 97.3% in the 2nd quarter. Sands Capital Management LLC now owns 5,313,039 shares of the financial services provider’s stock worth $974,783,000 after purchasing an additional 2,620,310 shares in the last quarter. C WorldWide Group Holding A S boosted its position in shares of Intercontinental Exchange by 29,199.5% during the 2nd quarter. C WorldWide Group Holding A S now owns 1,652,201 shares of the financial services provider’s stock valued at $303,129,000 after acquiring an additional 1,646,562 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Intercontinental Exchange by 55.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,781,542 shares of the financial services provider’s stock worth $510,330,000 after acquiring an additional 994,316 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in Intercontinental Exchange by 503.7% during the third quarter. Assenagon Asset Management S.A. now owns 1,133,892 shares of the financial services provider’s stock worth $191,038,000 after purchasing an additional 946,065 shares during the last quarter. Institutional investors own 89.30% of the company’s stock.
Insider Buying and Selling
In other Intercontinental Exchange news, CEO Jeffrey C. Sprecher sold 150,000 shares of Intercontinental Exchange stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $153.08, for a total transaction of $22,962,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,801,705 shares of the company’s stock, valued at $275,805,001.40. The trade was a 7.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Judith A. Sprieser sold 3,700 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $157.96, for a total value of $584,452.00. Following the transaction, the director owned 14,469 shares of the company’s stock, valued at $2,285,523.24. This trade represents a 20.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 166,068 shares of company stock valued at $25,470,702 over the last 90 days. 1.00% of the stock is currently owned by insiders.
Intercontinental Exchange News Summary
- Positive Sentiment: CNBC’s “Final Trades” coverage notes Bill Baruch (Blue Line Capital) remains bullish on ICE and raised his target to $193, supporting upside expectations. Intercontinental Exchange, Apollo Global Management And A Tech Stock On CNBC’s ‘Final Trades’
- Positive Sentiment: TD Cowen analyst coverage flagged ICE as likely to rise, adding to buy-side momentum and reinforcing analyst-driven demand. Intercontinental Exchange (NYSE:ICE) Stock Price Expected to Rise, TD Cowen Analyst Says
- Positive Sentiment: Consensus analyst sentiment remains favorable — aggregated coverage now shows an average “Buy” rating, which supports continued investor interest. Intercontinental Exchange Inc. (NYSE:ICE) Given Average Recommendation of “Buy” by Analysts
- Positive Sentiment: ICE launched exchange-backed base oil futures, a product extension that can add trading volume and fee revenue over time. Exchange-backed base oil futures arrive from Intercontinental Exchange
- Positive Sentiment: ICE is investing over $100M at Deerwood Park North, signaling capital deployment and real-estate/operations expansion that may support long-term growth. Intercontinental Exchange investment at Deerwood Park North topping $100 million
- Positive Sentiment: Profile pieces highlighting CEO Jeffrey Sprecher’s track record (self-made growth story) can lift investor confidence in management execution. Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $98 billion giant
- Neutral Sentiment: Pre-earnings commentary outlines what to watch in ICE’s next report (revenue mix, trading volumes, and M&A impact); useful for near-term guidance but not an immediate catalyst. Here’s What to Expect From Intercontinental Exchange’s Next Earnings Report
- Neutral Sentiment: General “what to know” coverage summarizes drivers behind today’s move for retail readers; informative but not new. Intercontinental Exchange (ICE) stock is up, what you need to know
- Negative Sentiment: Investor concern about AI-related risks surfaced in fund commentary and was cited as a reason for recent weakness — a potential headwind if fears pressure multiples or trading volumes. Intercontinental Exchange (ICE) Fell Due to AI-Related Concerns
Intercontinental Exchange Stock Performance
NYSE:ICE opened at $174.20 on Friday. The stock has a market capitalization of $99.33 billion, a P/E ratio of 31.73, a P/E/G ratio of 2.10 and a beta of 1.03. Intercontinental Exchange Inc. has a 12-month low of $143.17 and a 12-month high of $189.35. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.61. The stock has a 50-day moving average price of $159.81 and a 200 day moving average price of $167.57.
Intercontinental Exchange (NYSE:ICE – Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The financial services provider reported $1.71 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.71. The firm had revenue of $3.01 billion during the quarter, compared to analyst estimates of $2.49 billion. Intercontinental Exchange had a return on equity of 13.79% and a net margin of 25.24%.The business’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.55 earnings per share. Equities research analysts forecast that Intercontinental Exchange Inc. will post 6.73 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on ICE shares. Wall Street Zen raised Intercontinental Exchange from a “sell” rating to a “hold” rating in a research note on Saturday, December 6th. JPMorgan Chase & Co. decreased their price target on shares of Intercontinental Exchange from $202.00 to $180.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Barclays set a $182.00 target price on Intercontinental Exchange and gave the stock an “overweight” rating in a report on Thursday, January 8th. Keefe, Bruyette & Woods raised shares of Intercontinental Exchange to a “moderate buy” rating in a research report on Monday, October 6th. Finally, TD Cowen boosted their target price on Intercontinental Exchange from $175.00 to $193.00 and gave the stock a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $193.50.
Read Our Latest Stock Report on ICE
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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