Nordwand Advisors LLC acquired a new position in shares of Intercontinental Exchange Inc. (NYSE:ICE – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,200 shares of the financial services provider’s stock, valued at approximately $539,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Tradewinds LLC. acquired a new position in Intercontinental Exchange during the 3rd quarter worth approximately $248,000. Allstate Corp lifted its position in shares of Intercontinental Exchange by 1,565.5% in the third quarter. Allstate Corp now owns 20,952 shares of the financial services provider’s stock worth $3,530,000 after purchasing an additional 19,694 shares in the last quarter. NorthCrest Asset Manangement LLC boosted its holdings in Intercontinental Exchange by 1.4% during the third quarter. NorthCrest Asset Manangement LLC now owns 135,024 shares of the financial services provider’s stock worth $21,871,000 after purchasing an additional 1,817 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Intercontinental Exchange by 14.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 45,993 shares of the financial services provider’s stock worth $7,450,000 after purchasing an additional 5,946 shares during the last quarter. Finally, Inspire Advisors LLC grew its position in Intercontinental Exchange by 4.1% in the third quarter. Inspire Advisors LLC now owns 3,389 shares of the financial services provider’s stock valued at $571,000 after purchasing an additional 135 shares in the last quarter. Institutional investors and hedge funds own 89.30% of the company’s stock.
Intercontinental Exchange News Roundup
Here are the key news stories impacting Intercontinental Exchange this week:
- Positive Sentiment: NYSE/ICE announced it has developed a tokenized-securities platform that would enable 24/7 trading, instant on-chain settlement, dollar-sized and fractional orders, and stablecoin funding — a direct product push into tokenized equities that could create new fee pools and attract global liquidity. Business Wire
- Positive Sentiment: ICE is integrating its Pillar matching engine with blockchain-based post-trade systems (multi-chain custody/settlement). That combination could lower settlement risk, shorten funding cycles and support product innovation (fractionalization, smaller-ticket orders) that expand the addressable market. Reuters
- Positive Sentiment: Market incumbents and institutional players are already pursuing tokenization; ICE’s move could preserve competitive position and enable cross-selling of data, connectivity and custody services — potential medium-term revenue upside beyond traditional trading/clearing. WSJ
- Neutral Sentiment: Wide media coverage (Bloomberg/Barron’s/Cointelegraph/Yahoo) is raising awareness and investor interest, but many pieces are descriptive — the operational and regulatory details that determine timing and scale remain unclear. Yahoo Finance
- Negative Sentiment: The planned platform is explicitly subject to regulatory approval and oversight; approvals, stablecoin acceptance, custody standards and cross‑jurisdiction rules are execution risks that could delay or limit the initiative’s revenue impact. Barron’s
- Negative Sentiment: Political and reputational noise: commentary criticizing NYSE expansion choices (e.g., NYSE Dallas plans) highlights potential political pushback and community relations risks that can complicate strategic moves even if they don’t directly affect the tokenization business. Fox Business
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on ICE
Insider Buying and Selling
In other news, Director Judith A. Sprieser sold 3,700 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $157.96, for a total transaction of $584,452.00. Following the completion of the sale, the director owned 14,469 shares in the company, valued at approximately $2,285,523.24. This trade represents a 20.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Jeffrey C. Sprecher sold 150,000 shares of Intercontinental Exchange stock in a transaction dated 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 sale, the chief executive officer directly owned 1,801,705 shares of the company’s stock, valued at $275,805,001.40. The trade was a 7.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 166,068 shares of company stock valued at $25,470,702. 1.00% of the stock is currently owned by insiders.
Intercontinental Exchange Stock Performance
ICE opened at $174.20 on Tuesday. Intercontinental Exchange Inc. has a 12-month low of $143.17 and a 12-month high of $189.35. The stock has a market cap of $99.33 billion, a price-to-earnings ratio of 31.73, a PEG ratio of 2.12 and a beta of 1.03. The business has a 50 day moving average of $160.31 and a 200-day moving average of $167.31. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.61.
Intercontinental Exchange (NYSE:ICE – Get Free Report) last posted its earnings results on Thursday, October 30th. The financial services provider reported $1.71 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.71. Intercontinental Exchange had a return on equity of 13.79% and a net margin of 25.24%.The business had revenue of $3.01 billion for the quarter, compared to analyst estimates of $2.49 billion. During the same period in the previous year, the firm earned $1.55 EPS. The firm’s revenue was up 2.6% compared to the same quarter last year. On average, equities research analysts expect that Intercontinental Exchange Inc. will post 6.73 earnings per share for the current year.
About Intercontinental Exchange
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.
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