Intercontinental Exchange Inc. $ICE Shares Acquired by Munich Reinsurance Co Stock Corp in Munich

Munich Reinsurance Co Stock Corp in Munich lifted its stake in shares of Intercontinental Exchange Inc. (NYSE:ICEFree Report) by 35.5% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 331,547 shares of the financial services provider’s stock after acquiring an additional 86,897 shares during the period. Munich Reinsurance Co Stock Corp in Munich’s holdings in Intercontinental Exchange were worth $40,817,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rakuten Securities Inc. purchased a new stake in Intercontinental Exchange during the 2nd quarter worth $26,000. Swiss RE Ltd. acquired a new stake in shares of Intercontinental Exchange during the fourth quarter valued at about $28,000. Brooklands Fund Management Ltd purchased a new stake in shares of Intercontinental Exchange during the fourth quarter worth about $28,000. Lloyd Advisory Services LLC. acquired a new position in shares of Intercontinental Exchange in the fourth quarter worth about $30,000. Finally, Gables Capital Management Inc. acquired a new position in shares of Intercontinental Exchange in the second quarter worth about $31,000. 89.30% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Intercontinental Exchange

In other Intercontinental Exchange news, General Counsel Andrew Surdykowski sold 4,574 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $161.77, for a total transaction of $739,935.98. Following the completion of the sale, the general counsel owned 43,065 shares in the company, valued at $6,966,625.05. The trade was a 9.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Christopher Edmonds sold 5,000 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $160.59, for a total transaction of $802,950.00. Following the sale, the insider directly owned 14,367 shares in the company, valued at $2,307,196.53. This trade represents a 25.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 41,003 shares of company stock valued at $6,416,219 over the last quarter. Insiders own 0.84% of the company’s stock.

Intercontinental Exchange Trading Down 2.0%

NYSE:ICE opened at $161.34 on Friday. The company has a market cap of $90.57 billion, a PE ratio of 22.79, a P/E/G ratio of 1.60 and a beta of 0.93. The business’s 50 day moving average is $148.11 and its two-hundred day moving average is $151.61. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.63. Intercontinental Exchange Inc. has a 52 week low of $121.79 and a 52 week high of $176.59.

Intercontinental Exchange (NYSE:ICEGet Free Report) last issued its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.84 by $0.06. The business had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $2.63 billion. Intercontinental Exchange had a return on equity of 14.95% and a net margin of 30.08%.The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.81 EPS. On average, analysts predict that Intercontinental Exchange Inc. will post 8.1 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ICE. Wall Street Zen lowered Intercontinental Exchange from a “hold” rating to a “sell” rating in a research note on Saturday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $178.00 target price on shares of Intercontinental Exchange in a research note on Friday, July 31st. The Goldman Sachs Group dropped their price target on shares of Intercontinental Exchange from $208.00 to $180.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. UBS Group reaffirmed a “buy” rating and issued a $195.00 price target (up from $190.00) on shares of Intercontinental Exchange in a report on Friday, July 31st. Finally, Rothschild & Co Redburn set a $177.00 price objective on shares of Intercontinental Exchange in a research note on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Intercontinental Exchange has an average rating of “Moderate Buy” and an average target price of $184.17.

Get Our Latest Analysis on Intercontinental Exchange

Key Intercontinental Exchange News

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

  • Positive Sentiment: Trading activity strengthened: ICE reported a 14% year-over-year increase in average daily volume during August 2026. Higher volumes can support transaction-based revenue across its exchanges and clearing operations. Intercontinental Exchange’s daily volume up 14% Y/Y in August
  • Positive Sentiment: Data-services offering expanded: ICE added Parameta Solutions’ over-the-counter pricing to its consolidated feed, which incorporates data from approximately 600 sources. The initiative could improve ICE’s information-services offering and support recurring revenue. ICE Adds Parameta’s OTC Prices to Its 600-Source Consolidated Feed
  • Positive Sentiment: International collaboration: The New York Stock Exchange and Korea Exchange agreed to collaborate, potentially supporting cross-market connectivity and future product development. New York Stock Exchange and Korea Exchange to collaborate
  • Neutral Sentiment: Relative-performance concerns: A market commentary examined whether ICE is underperforming the Dow, which may be prompting investors to reassess the stock’s valuation and near-term momentum. Is Intercontinental Exchange Stock Underperforming the Dow?
  • Negative Sentiment: Insider selling added pressure: President Benjamin Jackson and insider Christopher Edmonds sold a combined 17,862 shares for approximately $2.86 million. Although both retained substantial holdings, the transactions may weigh on sentiment. Insider Selling at Intercontinental Exchange
  • Negative Sentiment: Investor concerns remain: A Meridian Hedged Equity Fund letter highlighted pressures affecting ICE during the second quarter, including the market environment surrounding geopolitical tensions and falling crude-oil prices. Here’s What Pressured Intercontinental Exchange

About Intercontinental Exchange

(Free Report)

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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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:ICEFree Report).

Institutional Ownership by Quarter for Intercontinental Exchange (NYSE:ICE)

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