Intercontinental Exchange Inc (NYSE: ICE) is 11.88% higher on its value in year-to-date trading and has touched a low of $124.34 and a high of $169.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ICE stock was last observed hovering at around $168.57 in the last trading session, with the day’s loss setting it -1.86%.
Currently trading at $166.71, the stock is 3.64% and 7.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.78 million and changing -1.10% at the moment leaves the stock 9.84% off its SMA200. ICE registered 24.03% gain for a year compared to 6-month loss of 6.78%. The firm has a 50-day simple moving average (SMA 50) of $155.0334 and a 200-day simple moving average (SMA200) of $151.7714.
The stock witnessed a 12.46% gain in the last 1 month and extending the period to 3 months gives it a 6.82%, and is -0.07% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.40% over the week and 1.78% over the month.
Intercontinental Exchange Inc (ICE) has around 12920 employees, a market worth around $95.79B and $11.08B in sales. Current P/E ratio is 34.87 and Fwd P/E is 22.22. Profit margin for the company is 24.85%. Distance from 52-week low is 34.08% and -1.79% from its 52-week high. The company has generated returns on investments over the last 12 months (6.08%).
with sales reaching $2.43B over the same period.The EPS is expected to grow by 10.22% this year, but quarterly earnings will post 5.29% year-over-year. Quarterly sales are estimated to grow 6.22% in year-over-year returns.
Intercontinental Exchange Inc (ICE) Top Institutional Holders
2169.0 institutions hold shares in Intercontinental Exchange Inc (ICE), with institutional investors hold 94.68% of the company’s shares. The shares outstanding are 574.00M, and float is at 570.12M with Short Float at 0.96%. Institutions hold 93.24% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 51.14 million shares valued at $7.0 billion. The investor’s holdings represent 8.9246% of the ICE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 43.5 million shares valued at $5.95 billion to account for 7.5916 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 25.3 million shares representing 4.4157% and valued at over $3.46 billion, while STATE STREET CORP holds 4.0786 of the shares totaling 23.37 million with a market value of $3.2 billion.
Intercontinental Exchange Inc (ICE) Insider Activity
The most recent transaction is an insider sale by Foley Douglas, the company’s SVP, HR & Administration. SEC filings show that Foley Douglas sold 10,580 shares of the company’s common stock on Feb 07 ’25 at a price of $166.47 per share for a total of $1.76 million. Following the sale, the insider now owns 21992.0 shares.
Intercontinental Exchange Inc disclosed in a document filed with the SEC on Feb 06 ’25 that Martin Lynn C (President, NYSE Group) sold a total of 4,155 shares of the company’s common stock. The trade occurred on Feb 06 ’25 and was made at $165.60 per share for $0.69 million. Following the transaction, the insider now directly holds 57376.0 shares of the ICE stock.
Still, SEC filings show that on Feb 06 ’25, Jackson Benjamin (President) disposed off 5,828 shares at an average price of $165.71 for $0.97 million. The insider now directly holds 164,041 shares of Intercontinental Exchange Inc (ICE).
