Figure 8 Investment Strategies LLC Buys 3,570 Shares of Intercontinental Exchange Inc. $ICE

Figure 8 Investment Strategies LLC grew its stake in shares of Intercontinental Exchange Inc. (NYSE:ICE) by 72.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 8,485 shares of the financial services provider’s stock after acquiring an additional 3,570 shares during the quarter. Figure 8 Investment Strategies LLC’s holdings in Intercontinental Exchange were worth $1,430,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Norges Bank bought a new position in Intercontinental Exchange during the 2nd quarter worth approximately $1,542,780,000. Sands Capital Management LLC raised its holdings in Intercontinental Exchange by 97.3% in the second 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 during the period. C WorldWide Group Holding A S boosted its position in shares of Intercontinental Exchange by 29,199.5% during the second quarter. C WorldWide Group Holding A S now owns 1,652,201 shares of the financial services provider’s stock worth $303,129,000 after purchasing an additional 1,646,562 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Intercontinental Exchange by 55.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,781,542 shares of the financial services provider’s stock worth $510,330,000 after purchasing an additional 994,316 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Intercontinental Exchange by 503.7% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,133,892 shares of the financial services provider’s stock valued at $191,038,000 after buying an additional 946,065 shares during the period. 89.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. UBS Group reaffirmed a “buy” rating on shares of Intercontinental Exchange in a research note on Wednesday, January 7th. Morgan Stanley set a $180.00 price target on Intercontinental Exchange and gave the stock an “equal weight” rating in a research report on Thursday. TD Cowen boosted their price objective on Intercontinental Exchange from $175.00 to $193.00 and gave the company a “buy” rating in a research report on Wednesday. Royal Bank Of Canada reissued an “outperform” rating and set a $180.00 target price on shares of Intercontinental Exchange in a research note on Tuesday, January 6th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and issued a $211.00 price target on shares of Intercontinental Exchange in a research note on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $193.50.

Insiders Place Their Bets

In related news, Director Judith A. Sprieser sold 3,700 shares of the stock in a transaction on Friday, December 5th. The shares were sold at an average price of $157.96, for a total transaction of $584,452.00. Following the completion of the transaction, the director owned 14,469 shares in the company, valued at approximately $2,285,523.24. This represents a 20.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Mayur Kapani sold 5,345 shares of the firm’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $156.67, for a total transaction of $837,401.15. Following the completion of the transaction, the chief technology officer directly owned 65,240 shares of the company’s stock, valued at approximately $10,221,150.80. This trade represents a 7.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 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 company insiders.

Key Headlines Impacting Intercontinental Exchange

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

• 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 Up 0.5%

ICE stock opened at $174.20 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.01 and a quick ratio of 1.01. 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 fifty-two week low of $143.17 and a fifty-two week high of $189.35. The business has a 50-day moving average of $159.81 and a 200-day moving average of $167.57.

Intercontinental Exchange (NYSE:ICE) last released its earnings results on Thursday, October 30th. The financial services provider reported $1.71 EPS for the quarter, meeting the consensus estimate of $1.71. Intercontinental Exchange had a return on equity of 13.79% and a net margin of 25.24%.The firm had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $2.49 billion. During the same quarter in the previous year, the business posted $1.55 EPS. The business’s quarterly revenue was up 2.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Intercontinental Exchange Inc. will post 6.73 earnings per share for the current fiscal year.

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.