Intercontinental Exchange Inc. $ICE Shares Sold by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. reduced its position in shares of Intercontinental Exchange Inc. (NYSE:ICE) by 50.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,200 shares of the financial services provider’s stock after selling 94,980 shares during the period. Nippon Life Global Investors Americas Inc.’s holdings in Intercontinental Exchange were worth $15,534,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of Intercontinental Exchange by 0.4% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 256,443 shares of the financial services provider’s stock worth $43,206,000 after buying an additional 1,041 shares in the last quarter. Meitav Investment House Ltd. boosted its position in Intercontinental Exchange by 29.2% during the third quarter. Meitav Investment House Ltd. now owns 2,560 shares of the financial services provider’s stock worth $431,000 after acquiring an additional 578 shares during the last quarter. Maryland State Retirement & Pension System grew its stake in Intercontinental Exchange by 2.6% during the 3rd quarter. Maryland State Retirement & Pension System now owns 28,446 shares of the financial services provider’s stock valued at $4,793,000 after acquiring an additional 718 shares in the last quarter. Evergreen Capital Management LLC raised its holdings in Intercontinental Exchange by 16.8% in the 3rd quarter. Evergreen Capital Management LLC now owns 4,144 shares of the financial services provider’s stock valued at $698,000 after acquiring an additional 597 shares during the last quarter. Finally, NBT Bank N A NY lifted its stake in Intercontinental Exchange by 3.4% in the 3rd quarter. NBT Bank N A NY now owns 14,343 shares of the financial services provider’s stock worth $2,417,000 after purchasing an additional 475 shares in the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

Insiders Place Their Bets

In related news, Director Judith A. Sprieser sold 3,700 shares of the business’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $157.96, for a total transaction of $584,452.00. Following the completion of the transaction, the director directly owned 14,469 shares of the company’s stock, valued at $2,285,523.24. The trade was a 20.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Douglas Foley sold 1,600 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $163.20, for a total value of $261,120.00. Following the transaction, the senior vice president directly owned 24,196 shares of the company’s stock, valued at approximately $3,948,787.20. This represents a 6.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 166,068 shares of company stock valued at $25,470,702. Corporate insiders own 1.00% of the company’s stock.

Trending Headlines about Intercontinental Exchange

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

• Positive Sentiment: CNBC’s “Final Trades” coverage notes Bill Baruch (Blue Line Capital) remains bullish on ICE and raised his target to $193, supporting upside expectations. Intercontinental Exchange, Apollo Global Management And A Tech Stock On CNBC’s ‘Final Trades’
• Positive Sentiment: TD Cowen analyst coverage flagged ICE as likely to rise, adding to buy-side momentum and reinforcing analyst-driven demand. Intercontinental Exchange (NYSE:ICE) Stock Price Expected to Rise, TD Cowen Analyst Says
• Positive Sentiment: Consensus analyst sentiment remains favorable — aggregated coverage now shows an average “Buy” rating, which supports continued investor interest. Intercontinental Exchange Inc. (NYSE:ICE) Given Average Recommendation of “Buy” by Analysts
• Positive Sentiment: ICE launched exchange-backed base oil futures, a product extension that can add trading volume and fee revenue over time. Exchange-backed base oil futures arrive from Intercontinental Exchange
• Positive Sentiment: ICE is investing over $100M at Deerwood Park North, signaling capital deployment and real-estate/operations expansion that may support long-term growth. Intercontinental Exchange investment at Deerwood Park North topping $100 million
• Positive Sentiment: Profile pieces highlighting CEO Jeffrey Sprecher’s track record (self-made growth story) can lift investor confidence in management execution. Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $98 billion giant
• Neutral Sentiment: Pre-earnings commentary outlines what to watch in ICE’s next report (revenue mix, trading volumes, and M&A impact); useful for near-term guidance but not an immediate catalyst. Here’s What to Expect From Intercontinental Exchange’s Next Earnings Report
• Neutral Sentiment: General “what to know” coverage summarizes drivers behind today’s move for retail readers; informative but not new. Intercontinental Exchange (ICE) stock is up, what you need to know
• Negative Sentiment: Investor concern about AI-related risks surfaced in fund commentary and was cited as a reason for recent weakness — a potential headwind if fears pressure multiples or trading volumes. Intercontinental Exchange (ICE) Fell Due to AI-Related Concerns

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ICE shares. TD Cowen upped their price target on Intercontinental Exchange from $175.00 to $193.00 and gave the company a “buy” rating in a research report on Wednesday. Wall Street Zen raised Intercontinental Exchange from a “sell” rating to a “hold” rating in a research note on Saturday, December 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Intercontinental Exchange in a report on Monday, December 29th. Piper Sandler reiterated an “overweight” rating and set a $195.00 price target (down previously from $202.00) on shares of Intercontinental Exchange in a report on Wednesday. Finally, Morgan Stanley set a $180.00 price target on shares of Intercontinental Exchange and gave the company an “equal weight” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $193.50.

Intercontinental Exchange Price Performance

ICE opened at $174.20 on Friday. The stock’s 50-day moving average price is $159.81 and its 200 day moving average price is $167.47. Intercontinental Exchange Inc. has a 12-month low of $143.17 and a 12-month high of $189.35. The firm has a market cap of $99.33 billion, a price-to-earnings ratio of 31.73, a PEG ratio of 2.11 and a beta of 1.03. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.61.

Intercontinental Exchange (NYSE:ICE) last issued its quarterly earnings results on Thursday, October 30th. The financial services provider reported $1.71 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.71. Intercontinental Exchange had a net margin of 25.24% and a return on equity of 13.79%. The business had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $2.49 billion. During the same quarter in the prior year, the company earned $1.55 earnings per share. The business’s quarterly revenue was up 2.6% on a year-over-year basis. As a group, sell-side analysts expect that Intercontinental Exchange Inc. will post 6.73 earnings per share for the current year.

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.