1 week Ago By ABMN Staff
Lake Street Advisors Group LLC lowered its stake in Intercontinental Exchange, Inc. ( NYSE:ICE – Free Report ) by 4.7% during the 2nd quarter, HoldingsChannel.
com reports. The institutional investor owned 4,328 shares of the financial services provider’s stock after selling 215 shares during the quarter. Lake Street Advisors Group LLC’s holdings in Intercontinental Exchange were worth $592,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Annapolis Financial Services LLC grew its stake in shares of Intercontinental Exchange by 1,018.8% in the first quarter.
Annapolis Financial Services LLC now owns 179 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 163 shares during the last quarter. New Millennium Group LLC purchased a new stake in Intercontinental Exchange during the 2nd quarter valued at about $25,000. International Assets Investment Management LLC bought a new stake in Intercontinental Exchange during the 2nd quarter valued at about $25,000.
Redmont Wealth Advisors LLC purchased a new position in Intercontinental Exchange in the first quarter worth about $26,000. Finally, Scarborough Advisors LLC bought a new position in shares of Intercontinental Exchange in the fourth quarter worth approximately $25,000. Institutional investors own 89.
30% of the company’s stock. Intercontinental Exchange Stock Down 1.3 % ICE opened at $160.
49 on Monday. The firm’s 50 day simple moving average is $152.10 and its two-hundred day simple moving average is $141.
22. The company has a market capitalization of $92.05 billion, a PE ratio of 36.
81, a PEG ratio of 2.84 and a beta of 1.08.
Intercontinental Exchange, Inc. has a 1-year low of $104.49 and a 1-year high of $163.
71. The company has a current ratio of 0.99, a quick ratio of 0.
99 and a debt-to-equity ratio of 0.69. Insider Activity at Intercontinental Exchange In other Intercontinental Exchange news, CAO James W.
Namkung sold 1,043 shares of the firm’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $150.00, for a total transaction of $156,450.
00. Following the sale, the chief accounting officer now owns 17,836 shares in the company, valued at approximately $2,675,400. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink .
In related news, CTO Mayur Kapani sold 395 shares of the company’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $141.13, for a total value of $55,746.
35. Following the completion of the transaction, the chief technology officer now owns 64,471 shares of the company’s stock, valued at approximately $9,098,792.23.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link . Also, CAO James W. Namkung sold 1,043 shares of the business’s stock in a transaction dated Thursday, July 25th.
The shares were sold at an average price of $150.00, for a total value of $156,450.00.
Following the completion of the transaction, the chief accounting officer now owns 17,836 shares in the company, valued at $2,675,400. The disclosure for this sale can be found here . In the last ninety days, insiders sold 66,346 shares of company stock worth $9,472,911.
1.10% of the stock is owned by company insiders. Wall Street Analyst Weigh In Several brokerages recently weighed in on ICE.
Keefe, Bruyette & Woods reissued an “outperform” rating and set a $168.00 price target on shares of Intercontinental Exchange in a research report on Tuesday, August 6th. Argus restated a “buy” rating and issued a $153.
00 price target on shares of Intercontinental Exchange in a research note on Tuesday, May 21st. Deutsche Bank Aktiengesellschaft increased their price objective on Intercontinental Exchange from $152.00 to $154.
00 and gave the company a “hold” rating in a research report on Thursday, August 15th. StockNews.com lowered Intercontinental Exchange from a “hold” rating to a “sell” rating in a research report on Friday.
Finally, The Goldman Sachs Group raised shares of Intercontinental Exchange from a “neutral” rating to a “buy” rating and raised their price target for the company from $143.00 to $167.00 in a report on Monday, July 1st.
One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $154.
93. Get Our Latest Stock Report on Intercontinental Exchange Intercontinental Exchange Company Profile ( Free Report ) 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 Stories 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.
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