Intercontinental Exchange Inc (NYSE: ICE) is 15.99% higher on its value in year-to-date trading and has touched a low of $124.34 and a high of $175.41 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 $172.82 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $172.84, the stock is 1.57% and 6.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.0 million and changing 0.01% at the moment leaves the stock 11.11% off its SMA200. ICE registered 27.60% gain for a year compared to 6-month gain of 7.11%. The firm has a 50-day simple moving average (SMA 50) of $162.138 and a 200-day simple moving average (SMA200) of $155.56206.
The stock witnessed a 3.68% loss in the last 1 month and extending the period to 3 months gives it a 10.41%, and is 2.66% up 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 1.50% over the week and 1.57% over the month.
Intercontinental Exchange Inc (ICE) has around 12920 employees, a market worth around $99.31B and $11.08B in sales. Current P/E ratio is 36.15 and Fwd P/E is 22.88. Profit margin for the company is 24.85%. Distance from 52-week low is 39.01% and -1.47% from its 52-week high. The company has generated returns on investments over the last 12 months (6.08%).
with sales reaching $2.44B over the same period.The EPS is expected to grow by 10.89% this year, but quarterly earnings will post 5.57% year-over-year. Quarterly sales are estimated to grow 6.58% in year-over-year returns.
Intercontinental Exchange Inc (ICE) Top Institutional Holders
2189.0 institutions hold shares in Intercontinental Exchange Inc (ICE), with institutional investors hold 93.88% of the company’s shares. The shares outstanding are 574.00M, and float is at 570.44M with Short Float at 1.15%. Institutions hold 92.91% 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 Kapani Mayur, the company’s Chief Technology Officer. SEC filings show that Kapani Mayur sold 9,973 shares of the company’s common stock on Mar 14 ’25 at a price of $170.52 per share for a total of $1.7 million. Following the sale, the insider now owns 74213.0 shares.
Still, SEC filings show that on Mar 12 ’25, Foley Douglas (SVP, HR & Administration) disposed off 1,600 shares at an average price of $169.14 for $0.27 million. The insider now directly holds 25,733 shares of Intercontinental Exchange Inc (ICE).
