Intercontinental Exchange Inc. $ICE Stock Position Lowered by ProShare Advisors LLC

ProShare Advisors LLC decreased its position in Intercontinental Exchange Inc. (NYSE:ICE) by 9.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 114,737 shares of the financial services provider’s stock after selling 12,189 shares during the period. ProShare Advisors LLC’s holdings in Intercontinental Exchange were worth $19,331,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in ICE. Brighton Jones LLC grew its holdings in shares of Intercontinental Exchange by 51.3% during the fourth quarter. Brighton Jones LLC now owns 3,448 shares of the financial services provider’s stock valued at $514,000 after buying an additional 1,169 shares in the last quarter. Empowered Funds LLC lifted its stake in Intercontinental Exchange by 9.0% in the 1st quarter. Empowered Funds LLC now owns 14,396 shares of the financial services provider’s stock worth $2,483,000 after acquiring an additional 1,189 shares in the last quarter. Sivia Capital Partners LLC boosted its position in Intercontinental Exchange by 16.2% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,078 shares of the financial services provider’s stock worth $381,000 after acquiring an additional 289 shares during the period. Concurrent Investment Advisors LLC grew its stake in Intercontinental Exchange by 7.4% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 17,316 shares of the financial services provider’s stock valued at $3,177,000 after acquiring an additional 1,192 shares in the last quarter. Finally, CWM LLC increased its holdings in shares of Intercontinental Exchange by 13.8% in the 2nd quarter. CWM LLC now owns 18,159 shares of the financial services provider’s stock valued at $3,332,000 after purchasing an additional 2,197 shares during the period. 89.30% of the stock is owned by institutional investors and hedge funds.

Intercontinental Exchange Stock Down 2.7%

ICE stock opened at $164.84 on Wednesday. The firm has a market cap of $93.61 billion, a PE ratio of 28.57, a PEG ratio of 2.03 and a beta of 1.02. Intercontinental Exchange Inc. has a 1 year low of $143.17 and a 1 year high of $189.35. The company has a fifty day simple moving average of $165.63 and a 200 day simple moving average of $166.07. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.64.

Intercontinental Exchange (NYSE:ICE) last posted its earnings results on Thursday, February 5th. The financial services provider reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.04. Intercontinental Exchange had a return on equity of 13.99% and a net margin of 26.23%.The company had revenue of $3.14 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same period last year, the company earned $1.52 earnings per share. The business’s revenue was up 7.8% compared to the same quarter last year. Sell-side analysts anticipate that Intercontinental Exchange Inc. will post 6.73 EPS for the current fiscal year.

Intercontinental Exchange Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Wednesday, December 16th will be issued a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 1.3%. The ex-dividend date is Wednesday, December 16th. Intercontinental Exchange’s payout ratio is 33.28%.

More Intercontinental Exchange News

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

• Positive Sentiment: Zero blockchain partnership — ICE is a named partner and strategic infrastructure collaborator on LayerZero’s new “Zero” blockchain alongside Citadel Securities and the DTCC, a move that signals long-term involvement in tokenization and market infrastructure for digital assets. This could expand ICE’s addressable market in blockchain-based post-trade and data services. LayerZero Announces Zero Blockchain
• Positive Sentiment: EU benchmarks recognition — ICE Benchmark Administration received recognition under the EU Benchmarks Regulation, reducing regulatory friction for its benchmark business in Europe and helping preserve benchmark-related revenue streams. Benchmark Recognition Article
• Positive Sentiment: Treasury clearing approval / capital returns narrative — recent coverage highlights ICE’s new treasury-clearing capabilities and potential for stronger capital returns, which could materially improve free cash flow dynamics and shareholder returns over time. Treasury Clearing and Capital Returns
• Neutral Sentiment: Product/service updates — ICE rolled out an updated MSP user experience and expanded servicing automation, incremental improvements that support customer retention and operational efficiency but are unlikely to move near-term revenue materially. MSP User Experience Launch
• Neutral Sentiment: ICE Mortgage Monitor — the firm’s February Mortgage Monitor highlights refinance opportunities and improved affordability, reinforcing ICE’s recurring data/analytics relevance to mortgage markets. Useful for the data business but not an immediate earnings surprise. ICE Mortgage Monitor
• Neutral Sentiment: Conference presentations — transcripts from UBS and Bank of America conferences are out; they typically reiterate strategy and outlook (helpful for longer-term conviction but rarely trigger big moves absent new guidance). UBS Conference Transcript BofA Conference Transcript
• Negative Sentiment: Insider sale — Director Judith Sprieser sold 4,722 shares (~32.6% reduction in her stake), which can be perceived negatively by some investors as signaling near-term insider liquidity/conviction concerns even though single sales aren’t uncommon. Filing: SEC/MarketBeat. Insider Sale SEC Filing

Analysts Set New Price Targets

Several analysts recently commented on ICE shares. Royal Bank Of Canada restated an “outperform” rating and set a $180.00 price target on shares of Intercontinental Exchange in a report on Tuesday, January 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of Intercontinental Exchange in a research note on Monday, December 29th. JPMorgan Chase & Co. lowered their price target on shares of Intercontinental Exchange from $202.00 to $180.00 and set an “overweight” rating on the stock in a report on Friday, October 31st. Morgan Stanley set a $183.00 price objective on Intercontinental Exchange and gave the stock an “equal weight” rating in a report on Tuesday. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $211.00 target price on shares of Intercontinental Exchange in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $195.40.

Insider Activity

In other Intercontinental Exchange news, CEO Jeffrey C. Sprecher sold 150,000 shares of the stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $153.08, for a total transaction of $22,962,000.00. Following the transaction, the chief executive officer owned 1,801,705 shares in the company, valued at $275,805,001.40. This trade represents a 7.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Warren Gardiner sold 1,572 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $153.65, for a total transaction of $241,537.80. Following the completion of the sale, the chief financial officer owned 20,534 shares of the company’s stock, valued at $3,155,049.10. The trade was a 7.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 168,709 shares of company stock valued at $25,955,387. Insiders own 1.00% of the company’s stock.

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.