NBH Bank acquired a new position in Intercontinental Exchange Inc. (NYSE:ICE – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,103 shares of the financial services provider’s stock, valued at approximately $751,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its stake in shares of Intercontinental Exchange by 5.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 191,658 shares of the financial services provider’s stock valued at $31,041,000 after acquiring an additional 10,742 shares during the last quarter. BlackRock Inc. bought a new position in Intercontinental Exchange during the 2nd quarter worth approximately $6,245,085,000. USS Investment Management Ltd grew its holdings in Intercontinental Exchange by 37.2% during the first quarter. USS Investment Management Ltd now owns 946,920 shares of the financial services provider’s stock valued at $148,960,000 after purchasing an additional 256,851 shares during the period. Walter Public Investments Inc. grew its holdings in Intercontinental Exchange by 13.8% during the fourth quarter. Walter Public Investments Inc. now owns 124,993 shares of the financial services provider’s stock valued at $20,244,000 after purchasing an additional 15,129 shares during the period. Finally, Nicholas Company Inc. increased its stake in Intercontinental Exchange by 10.1% in the fourth quarter. Nicholas Company Inc. now owns 437,155 shares of the financial services provider’s stock valued at $70,802,000 after purchasing an additional 40,240 shares in the last quarter. 89.30% of the stock is currently owned by institutional investors and hedge funds.
Key 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
Analysts Set New Price Targets
Get Our Latest Stock Report on ICE
Intercontinental Exchange Stock Down 2.0%
NYSE:ICE opened at $161.34 on Friday. Intercontinental Exchange Inc. has a twelve month low of $121.79 and a twelve month high of $176.59. The firm has a market capitalization of $90.57 billion, a price-to-earnings ratio of 22.79, a price-to-earnings-growth ratio of 1.60 and a beta of 0.93. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.63. The stock’s 50 day moving average price is $148.11 and its two-hundred day moving average price is $151.61.
Intercontinental Exchange (NYSE:ICE – Get Free Report) last issued its earnings results on Thursday, July 30th. The financial services provider reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.84 by $0.06. Intercontinental Exchange had a net margin of 30.08% and a return on equity of 14.95%. The company had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $2.63 billion. During the same period in the prior year, the firm earned $1.81 EPS. Intercontinental Exchange’s quarterly revenue was up 4.8% compared to the same quarter last year. Equities research analysts expect that Intercontinental Exchange Inc. will post 8.1 earnings per share for the current fiscal year.
Insider Buying and Selling at Intercontinental Exchange
In other news, President Benjamin Jackson sold 12,862 shares of the stock in a transaction on 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 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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. This trade represents a 25.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 41,003 shares of company stock valued at $6,416,219 in the last quarter. Company insiders own 0.84% of the company’s stock.
Intercontinental Exchange 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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