Intercontinental Exchange (NYSE:ICE) President Sells $2,059,077.58 in Stock

Intercontinental Exchange Inc. (NYSE:ICEGet Free Report) President Benjamin Jackson sold 12,862 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $160.09, for a total transaction of $2,059,077.58. Following the completion of the sale, the president directly owned 164,264 shares of the company’s stock, valued at approximately $26,297,023.76. This represents a 7.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Intercontinental Exchange Price Performance

Shares of NYSE ICE opened at $161.34 on Friday. Intercontinental Exchange Inc. has a 1 year low of $121.79 and a 1 year high of $176.59. The stock has a market capitalization of $90.57 billion, a P/E ratio of 22.79, a P/E/G ratio of 1.57 and a beta of 0.93. The company’s 50-day moving average is $148.11 and its 200 day moving average is $151.61. 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 (NYSE:ICEGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The financial services provider reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.06. The business had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Intercontinental Exchange had a return on equity of 14.95% and a net margin of 30.08%.The business’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.81 EPS. On average, sell-side analysts expect that Intercontinental Exchange Inc. will post 8.1 earnings per share for the current year.

More Intercontinental Exchange News

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

  • 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

Institutional Trading of Intercontinental Exchange

A number of large investors have recently made changes to their positions in the stock. Rakuten Securities Inc. bought a new stake in Intercontinental Exchange during the 2nd quarter valued at about $26,000. Brooklands Fund Management Ltd bought a new position in Intercontinental Exchange in the 4th quarter worth about $28,000. Swiss RE Ltd. purchased a new position in shares of Intercontinental Exchange during the fourth quarter worth approximately $28,000. Lloyd Advisory Services LLC. purchased a new position in shares of Intercontinental Exchange during the fourth quarter worth approximately $30,000. Finally, Gables Capital Management Inc. purchased a new position in shares of Intercontinental Exchange during the second quarter worth approximately $31,000. 89.30% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. 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. Weiss Ratings upgraded shares of Intercontinental Exchange from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 25th. Barclays reissued an “overweight” rating and set a $182.00 price objective (up from $180.00) on shares of Intercontinental Exchange in a report on Friday, July 31st. TD Cowen restated a “buy” rating and set a $177.00 price objective (up from $159.00) on shares of Intercontinental Exchange in a research report on Friday, July 31st. Finally, 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 report on Friday, July 10th. One research 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 company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $184.17.

Read Our Latest Research Report on Intercontinental Exchange

About Intercontinental Exchange

(Get 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.

See Also

Insider Buying and Selling by Quarter for Intercontinental Exchange (NYSE:ICE)

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