Benjamin Jackson Sells 12,862 Shares of Intercontinental Exchange (NYSE:ICE) Stock

Intercontinental Exchange Inc. (NYSE:ICEGet Free Report) President Benjamin Jackson sold 12,862 shares of the business’s 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 transaction, the president directly owned 164,264 shares in the company, valued at $26,297,023.76. This trade represents a 7.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Intercontinental Exchange Price Performance

Shares of Intercontinental Exchange stock opened at $161.34 on Friday. 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 Inc. has a fifty-two week low of $121.79 and a fifty-two week high of $176.59. The firm has a fifty day moving average price of $148.11 and a two-hundred day moving average price of $151.61. The company has a market cap of $90.57 billion, a PE ratio of 22.79, a price-to-earnings-growth ratio of 1.60 and a beta of 0.93.

Intercontinental Exchange (NYSE:ICEGet Free Report) last posted its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $2.63 billion. During the same period last year, the business posted $1.81 EPS. The business’s quarterly revenue was up 4.8% on a year-over-year basis. Analysts expect that Intercontinental Exchange Inc. will post 8.1 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ICE. Raymond James Financial restated a “strong-buy” rating and set a $218.00 price objective on shares of Intercontinental Exchange in a research report on Tuesday. The Goldman Sachs Group reduced their target price on Intercontinental Exchange from $208.00 to $180.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Morgan Stanley decreased their price target on shares of Intercontinental Exchange from $187.00 to $163.00 and set an “equal weight” rating on the stock in a research note on Friday, July 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $178.00 price objective on shares of Intercontinental Exchange in a research note on Friday, July 31st. Finally, Barclays reaffirmed 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. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $184.17.

Read Our Latest Stock Analysis on ICE

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Rakuten Securities Inc. acquired a new stake in Intercontinental Exchange during the 2nd quarter valued at $26,000. Brooklands Fund Management Ltd bought a new position in shares of Intercontinental Exchange in the fourth quarter valued at about $28,000. Swiss RE Ltd. bought a new stake in Intercontinental Exchange during the 4th quarter worth about $28,000. Lloyd Advisory Services LLC. acquired a new position in shares of Intercontinental Exchange during the fourth quarter worth approximately $30,000. Finally, Gables Capital Management Inc. acquired a new stake in shares of Intercontinental Exchange in the second quarter valued at approximately $31,000. Institutional investors own 89.30% of the company’s stock.

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

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.

Further Reading

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

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