Intercontinental Exchange, Inc. (NYSE:ICE – Get Free Report) CAO James W. Namkung sold 1,043 shares of the stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $150.00, for a total transaction of $156,450.00. Following the completion of the sale, the chief accounting officer now directly owns 17,836 shares in the company, valued at $2,675,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Intercontinental Exchange Stock Up 1.3 %
Shares of ICE opened at $151.00 on Monday. Intercontinental Exchange, Inc. has a 1 year low of $104.49 and a 1 year high of $151.72. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a 50 day simple moving average of $139.66 and a two-hundred day simple moving average of $135.68. The firm has a market cap of $86.61 billion, a P/E ratio of 34.63, a P/E/G ratio of 2.68 and a beta of 1.06.
Intercontinental Exchange (NYSE:ICE – Get Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The financial services provider reported $1.48 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.48. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.31 billion. Intercontinental Exchange had a net margin of 24.24% and a return on equity of 12.76%. The firm’s revenue was up 20.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.41 EPS. On average, analysts forecast that Intercontinental Exchange, Inc. will post 6 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Read Our Latest Research Report on Intercontinental Exchange
Institutional Investors Weigh In On Intercontinental Exchange
Hedge funds and other institutional investors have recently modified their holdings of the stock. Annapolis Financial Services LLC lifted its position in 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 valued at $25,000 after purchasing 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 $25,000. Redmont Wealth Advisors LLC bought a new stake in Intercontinental Exchange in the 1st quarter worth $26,000. Scarborough Advisors LLC purchased a new position in shares of Intercontinental Exchange in the fourth quarter valued at about $25,000. Finally, Venturi Wealth Management LLC raised its stake in shares of Intercontinental Exchange by 82.3% during the first quarter. Venturi Wealth Management LLC now owns 206 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 93 shares during the last quarter. Institutional investors own 89.30% of the company’s stock.
Intercontinental Exchange Company Profile
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.
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