Vaughan David Investments LLC IL Has $47.62 Million Stake in Intercontinental Exchange Inc. $ICE

Vaughan David Investments LLC IL reduced its holdings in Intercontinental Exchange Inc. (NYSE:ICE) by 1.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 282,646 shares of the financial services provider’s stock after selling 5,503 shares during the quarter. Vaughan David Investments LLC IL’s holdings in Intercontinental Exchange were worth $47,620,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of ICE. Norges Bank acquired a new position in Intercontinental Exchange in the second quarter worth $1,542,780,000. Sands Capital Management LLC lifted its position in Intercontinental Exchange by 97.3% during the 2nd quarter. Sands Capital Management LLC now owns 5,313,039 shares of the financial services provider’s stock worth $974,783,000 after buying an additional 2,620,310 shares in the last quarter. C WorldWide Group Holding A S grew its holdings in Intercontinental Exchange by 29,199.5% during the 2nd quarter. C WorldWide Group Holding A S now owns 1,652,201 shares of the financial services provider’s stock worth $303,129,000 after acquiring an additional 1,646,562 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in Intercontinental Exchange by 55.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,781,542 shares of the financial services provider’s stock valued at $510,330,000 after acquiring an additional 994,316 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in shares of Intercontinental Exchange by 503.7% in the third quarter. Assenagon Asset Management S.A. now owns 1,133,892 shares of the financial services provider’s stock worth $191,038,000 after acquiring an additional 946,065 shares during the last quarter. 89.30% of the stock is currently owned by institutional investors.

Key Headlines Impacting Intercontinental Exchange

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

Intercontinental Exchange Stock Up 0.5%

NYSE:ICE opened at $174.20 on Tuesday. 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 Inc. has a 12-month low of $143.17 and a 12-month high of $189.35. The stock’s fifty day simple moving average is $160.31 and its 200-day simple moving average is $167.31. The firm has a market capitalization of $99.33 billion, a P/E ratio of 31.73, a P/E/G ratio of 2.12 and a beta of 1.03.

Intercontinental Exchange (NYSE:ICE) last released its quarterly earnings data on Thursday, October 30th. The financial services provider reported $1.71 EPS for the quarter, meeting 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 during the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter in the prior year, the company posted $1.55 earnings per share. The firm’s revenue was up 2.6% on a year-over-year basis. Equities research analysts expect that Intercontinental Exchange Inc. will post 6.73 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Barclays set a $182.00 target price on shares of Intercontinental Exchange and gave the stock an “overweight” rating in a research report on Thursday, January 8th. Morgan Stanley set a $180.00 price objective on shares of Intercontinental Exchange and gave the stock an “equal weight” rating in a research report on Thursday. Piper Sandler reiterated an “overweight” rating and issued a $195.00 price objective (down from $202.00) on shares of Intercontinental Exchange in a research report on Wednesday, January 14th. Keefe, Bruyette & Woods raised Intercontinental Exchange to a “moderate buy” rating in a research note on Monday, October 6th. Finally, Cowen restated a “buy” rating on shares of Intercontinental Exchange in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $193.50.

Insiders Place Their Bets

In related news, CFO Warren Gardiner sold 1,572 shares of Intercontinental Exchange stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $153.65, for a total transaction of $241,537.80. Following the transaction, the chief financial officer owned 20,534 shares of the company’s stock, valued at $3,155,049.10. This trade represents a 7.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Judith A. Sprieser sold 3,700 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $157.96, for a total transaction of $584,452.00. Following the transaction, the director owned 14,469 shares of the company’s stock, valued at approximately $2,285,523.24. This represents a 20.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 166,068 shares of company stock worth $25,470,702 over the last ninety days. Company insiders own 1.00% of the company’s stock.

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.