Van ECK Associates Corp decreased its position in Intercontinental Exchange Inc. (NYSE:ICE – Free Report) by 32.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 35,543 shares of the financial services provider’s stock after selling 16,901 shares during the quarter. Van ECK Associates Corp’s holdings in Intercontinental Exchange were worth $4,376,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently modified their holdings of ICE. Brooklands Fund Management Ltd purchased a new position in shares of Intercontinental Exchange during the fourth quarter valued at approximately $28,000. Swiss RE Ltd. purchased a new stake in Intercontinental Exchange in the 4th quarter worth approximately $28,000. Lloyd Advisory Services LLC. acquired a new position in Intercontinental Exchange in the 4th quarter valued at $30,000. Rakuten Securities Inc. acquired a new position in Intercontinental Exchange in the 2nd quarter valued at $26,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Intercontinental Exchange during the 4th quarter worth $37,000. 89.30% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the company. Piper Sandler decreased their price objective on Intercontinental Exchange from $211.00 to $190.00 and set an “overweight” rating on the stock in a report on Wednesday, July 15th. Raymond James Financial reiterated a “strong-buy” rating and set a $218.00 target price on shares of Intercontinental Exchange in a research report on Tuesday. TD Cowen reiterated a “buy” rating and set a $177.00 target price (up from $159.00) on shares of Intercontinental Exchange in a research report on Friday, July 31st. Rothschild & Co Redburn set a $177.00 price target on Intercontinental Exchange in a research note on Thursday, June 11th. Finally, Weiss Ratings upgraded Intercontinental Exchange from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Intercontinental Exchange currently has an average rating of “Moderate Buy” and an average target price of $184.17.
Insiders Place Their Bets
In related news, insider Christopher Edmonds sold 5,000 shares of Intercontinental Exchange stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $160.59, for a total transaction of $802,950.00. Following the transaction, the insider owned 14,367 shares in the company, valued at approximately $2,307,196.53. The trade was a 25.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Benjamin Jackson sold 12,862 shares of the company’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 sale, the president directly owned 164,264 shares of the company’s stock, valued at approximately $26,297,023.76. This trade represents a 7.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 41,003 shares of company stock worth $6,416,219. 0.84% of the stock is owned by company insiders.
Key Headlines Impacting Intercontinental Exchange
Here are the key news stories impacting Intercontinental Exchange this week:
- Positive Sentiment: August trading volumes increased: ICE reported that average daily volume rose 14% year over year in August 2026. Higher trading activity generally supports transaction-based revenue across the company’s exchanges and clearing operations. Intercontinental Exchange’s daily volume up 14% Y/Y in August
- Positive Sentiment: Market-data distribution is expanding: ICE added Parameta Solutions’ over-the-counter prices to its consolidated feed, which aggregates data from roughly 600 sources. The move could strengthen ICE’s data offering, broaden customer usage and support recurring information-services revenue. ICE Adds Parameta’s OTC Prices to Its 600-Source Consolidated Feed
- Positive Sentiment: International and strategic growth initiatives: The New York Stock Exchange and Korea Exchange agreed to collaborate, potentially improving cross-market connectivity and product development. ICE also expanded its relationship with Parameta and reportedly invested in a blockchain trading firm, highlighting efforts to develop new financial-market infrastructure. New York Stock Exchange and Korea Exchange to collaborate Intercontinental Exchange Invests In Blockchain Trading Firm
- Neutral Sentiment: Reports on ICE canola futures described intraday weakness followed by a recovery. The commodity-price movements may affect activity in ICE’s agricultural markets but are not, by themselves, a major company-specific earnings catalyst. ICE Review: Canola Overcomes Earlier Declines
- Negative Sentiment: Two insiders sold a combined 17,862 shares for approximately $2.86 million. President Benjamin Jackson reduced his holdings by 7.26%, while Christopher Edmonds reduced his by 25.82%. Both retained shares, making the sales a modest sentiment risk rather than a clear change in company fundamentals.
Intercontinental Exchange Stock Up 4.2%
ICE opened at $164.53 on Friday. Intercontinental Exchange Inc. has a 1 year low of $121.79 and a 1 year high of $176.59. The firm has a 50 day moving average price of $147.36 and a 200 day moving average price of $151.54. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market cap of $92.37 billion, a PE ratio of 23.24, a price-to-earnings-growth ratio of 1.53 and a beta of 0.93.
Intercontinental Exchange (NYSE:ICE – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.90 earnings per share 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 firm had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $2.63 billion. During the same period in the previous year, the company posted $1.81 earnings per share. Intercontinental Exchange’s revenue was up 4.8% compared to the same quarter last year. Sell-side analysts expect that Intercontinental Exchange Inc. will post 8.1 earnings per share for the current year.
Intercontinental Exchange Company 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.
Read More
- Five stocks we like better than Intercontinental Exchange
- The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
- NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
- Dropping the Dough: Yum! Brands Strategically Trims the Fat
- These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern
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.
