Mount Yale Investment Advisors LLC decreased its stake in shares of Intercontinental Exchange, Inc. (NYSE:ICE – Free Report) by 6.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,191 shares of the financial services provider’s stock after selling 159 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Intercontinental Exchange were worth $327,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of ICE. Webster Bank N. A. grew its stake in shares of Intercontinental Exchange by 21.4% in the 4th quarter. Webster Bank N. A. now owns 21,157 shares of the financial services provider’s stock worth $3,153,000 after acquiring an additional 3,735 shares in the last quarter. KBC Group NV grew its position in Intercontinental Exchange by 8.1% in the 4th quarter. KBC Group NV now owns 213,245 shares of the financial services provider’s stock worth $31,775,000 after purchasing an additional 15,896 shares in the last quarter. Capital Asset Advisory Services LLC increased its stake in Intercontinental Exchange by 9.2% in the 4th quarter. Capital Asset Advisory Services LLC now owns 2,616 shares of the financial services provider’s stock valued at $392,000 after buying an additional 220 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Intercontinental Exchange by 114.1% during the 4th quarter. Blue Trust Inc. now owns 12,857 shares of the financial services provider’s stock worth $2,065,000 after buying an additional 6,853 shares in the last quarter. Finally, Novare Capital Management LLC boosted its stake in shares of Intercontinental Exchange by 0.5% in the 4th quarter. Novare Capital Management LLC now owns 67,753 shares of the financial services provider’s stock worth $10,096,000 after buying an additional 360 shares during the last quarter. Institutional investors own 89.30% of the company’s stock.
Intercontinental Exchange Trading Down 1.0 %
Shares of ICE opened at $157.25 on Thursday. Intercontinental Exchange, Inc. has a twelve month low of $124.34 and a twelve month high of $167.99. The stock has a market cap of $90.29 billion, a PE ratio of 37.26, a P/E/G ratio of 2.95 and a beta of 1.10. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.68. The business’s 50-day moving average price is $153.07 and its 200-day moving average price is $156.32.
Insider Transactions at Intercontinental Exchange
In other news, insider Christopher Scott Edmonds sold 601 shares of the stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $147.73, for a total value of $88,785.73. Following the transaction, the insider now owns 12,922 shares of the company’s stock, valued at $1,908,967.06. This represents a 4.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CTO Mayur Kapani sold 5,661 shares of Intercontinental Exchange stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $147.59, for a total transaction of $835,506.99. Following the sale, the chief technology officer now directly owns 66,548 shares of the company’s stock, valued at $9,821,819.32. This represents a 7.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,795 shares of company stock valued at $2,120,572. 1.10% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
ICE has been the topic of a number of recent analyst reports. Morgan Stanley lifted their price target on Intercontinental Exchange from $160.00 to $174.00 and gave the stock an “equal weight” rating in a report on Thursday, October 17th. Barclays cut their price target on shares of Intercontinental Exchange from $187.00 to $179.00 and set an “overweight” rating on the stock in a report on Monday, January 13th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Intercontinental Exchange from $160.00 to $163.00 and gave the stock a “hold” rating in a report on Monday, November 11th. Bank of America boosted their target price on shares of Intercontinental Exchange from $168.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. Finally, JPMorgan Chase & Co. decreased their price target on shares of Intercontinental Exchange from $190.00 to $189.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Intercontinental Exchange currently has an average rating of “Moderate Buy” and a consensus price target of $175.27.
View Our Latest Research Report on ICE
Intercontinental Exchange Company Profile
Intercontinental Exchange, Inc, together with its subsidiaries, engages in the provision of market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Singapore, India, Abu Dhabi, Israel, and Canada.
Featured Articles
- Five stocks we like better than Intercontinental Exchange
- Consumer Discretionary Stocks Explained
- How to Short Sell Stocks Like a Pro: Strategies and Tips
- What is Put Option Volume?
- 3 Steel Stocks Soaring After Tariff Announcements
- Stock Average Calculator
- Top Analysts’ Picks for 2025: 3 of Morgan Stanley’s Favorites
Want to see what other hedge funds are holding ICE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intercontinental Exchange, Inc. (NYSE:ICE – Free Report).
Receive News & Ratings for Intercontinental Exchange Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intercontinental Exchange and related companies with MarketBeat.com's FREE daily email newsletter.