Intercontinental Exchange, Inc. (NYSE:ICE) General Counsel Andrew J. Surdykowski sold 1,000 shares of the firm’s stock in a transaction on Friday, January 8th. The shares were sold at an average price of $118.00, for a total value of $118,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Andrew J. Surdykowski also recently made the following trade(s):

  • On Wednesday, December 16th, Andrew J. Surdykowski sold 1,000 shares of Intercontinental Exchange stock. The stock was sold at an average price of $112.00, for a total transaction of $112,000.00.

NYSE:ICE opened at $117.84 on Thursday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.78. The business’s 50-day moving average price is $111.38 and its 200 day moving average price is $101.88. Intercontinental Exchange, Inc. has a 52-week low of $63.51 and a 52-week high of $119.02. The firm has a market cap of $66.14 billion, a P/E ratio of 32.46, a PEG ratio of 2.19 and a beta of 0.66.

Intercontinental Exchange (NYSE:ICE) last announced its quarterly earnings data on Thursday, October 29th. The financial services provider reported $1.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.04. Intercontinental Exchange had a net margin of 26.19% and a return on equity of 13.63%. The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the previous year, the company posted $1.06 EPS. The business’s revenue was up 5.6% compared to the same quarter last year. Sell-side analysts expect that Intercontinental Exchange, Inc. will post 4.45 EPS for the current year.

Several brokerages recently weighed in on ICE. Rosenblatt Securities lifted their price objective on shares of Intercontinental Exchange from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, January 7th. Raymond James lifted their price target on Intercontinental Exchange from $125.00 to $131.00 in a report on Friday, December 18th. Compass Point increased their price objective on Intercontinental Exchange from $110.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, December 22nd. Deutsche Bank Aktiengesellschaft lifted their target price on Intercontinental Exchange from $117.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, November 11th. Finally, The Goldman Sachs Group started coverage on Intercontinental Exchange in a research note on Monday, October 19th. They issued a “buy” rating and a $123.00 price target for the company. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $118.07.

A number of institutional investors have recently bought and sold shares of ICE. United Bank increased its holdings in shares of Intercontinental Exchange by 0.7% in the second quarter. United Bank now owns 16,191 shares of the financial services provider’s stock valued at $1,483,000 after buying an additional 116 shares in the last quarter. FMR LLC grew its holdings in shares of Intercontinental Exchange by 15.0% in the 2nd quarter. FMR LLC now owns 8,644,090 shares of the financial services provider’s stock worth $791,799,000 after acquiring an additional 1,129,983 shares during the last quarter. Captrust Financial Advisors raised its position in shares of Intercontinental Exchange by 9.2% during the second quarter. Captrust Financial Advisors now owns 8,098 shares of the financial services provider’s stock worth $756,000 after purchasing an additional 684 shares during the period. Private Advisor Group LLC raised its position in shares of Intercontinental Exchange by 10.3% during the second quarter. Private Advisor Group LLC now owns 11,985 shares of the financial services provider’s stock worth $1,098,000 after purchasing an additional 1,117 shares during the period. Finally, Exencial Wealth Advisors LLC lifted its holdings in shares of Intercontinental Exchange by 22.6% during the second quarter. Exencial Wealth Advisors LLC now owns 4,845 shares of the financial services provider’s stock valued at $444,000 after purchasing an additional 892 shares during the last quarter. Hedge funds and other institutional investors own 77.49% of the company’s stock.

About Intercontinental Exchange

Intercontinental Exchange, Inc operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, European Union, Singapore, Israel, and Canada. It operates in two segments, Trading and Clearing; and Data and Listings.

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

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