Figure 8 Investment Strategies LLC Acquires 3,570 Shares of Intercontinental Exchange Inc. $ICE

Figure 8 Investment Strategies LLC grew its stake in Intercontinental Exchange Inc. (NYSE:ICE) by 72.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,485 shares of the financial services provider’s stock after purchasing an additional 3,570 shares during the period. Figure 8 Investment Strategies LLC’s holdings in Intercontinental Exchange were worth $1,430,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC raised its stake in Intercontinental Exchange by 51.3% during the fourth quarter. Brighton Jones LLC now owns 3,448 shares of the financial services provider’s stock worth $514,000 after acquiring an additional 1,169 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Intercontinental Exchange by 9.0% in the 1st quarter. Empowered Funds LLC now owns 14,396 shares of the financial services provider’s stock worth $2,483,000 after purchasing an additional 1,189 shares during the last quarter. Pallas Capital Advisors LLC acquired a new stake in shares of Intercontinental Exchange during the 2nd quarter worth about $249,000. Sivia Capital Partners LLC lifted its holdings in Intercontinental Exchange by 16.2% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,078 shares of the financial services provider’s stock valued at $381,000 after purchasing an additional 289 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in Intercontinental Exchange by 5.7% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 73,115 shares of the financial services provider’s stock valued at $13,414,000 after buying an additional 3,972 shares in the last quarter. 89.30% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Judith A. Sprieser sold 3,700 shares of Intercontinental Exchange stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $157.96, for a total value of $584,452.00. Following the completion of the sale, the director directly owned 14,469 shares in the company, valued at $2,285,523.24. This trade represents a 20.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Douglas Foley sold 1,600 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $163.20, for a total transaction of $261,120.00. Following the transaction, the senior vice president owned 24,196 shares in the company, valued at approximately $3,948,787.20. The trade was a 6.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 166,068 shares of company stock valued at $25,470,702 over the last 90 days. Corporate insiders own 1.00% of the company’s stock.

Intercontinental Exchange Stock Performance

ICE stock opened at $174.20 on Friday. The company has a 50 day moving average price of $159.81 and a 200 day moving average price of $167.57. Intercontinental Exchange Inc. has a fifty-two week low of $143.17 and a fifty-two week high of $189.35. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $99.33 billion, a PE ratio of 31.73, a price-to-earnings-growth ratio of 2.10 and a beta of 1.03.

Intercontinental Exchange (NYSE:ICE) last announced 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. The firm had revenue of $3.01 billion for the quarter, compared to analyst estimates of $2.49 billion. Intercontinental Exchange had a return on equity of 13.79% and a net margin of 25.24%.The business’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period last year, the company earned $1.55 EPS. Analysts forecast that Intercontinental Exchange Inc. will post 6.73 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on ICE shares. UBS Group reaffirmed a “buy” rating on shares of Intercontinental Exchange in a report on Wednesday, January 7th. JPMorgan Chase & Co. decreased their price target on Intercontinental Exchange from $202.00 to $180.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. TD Cowen lifted their price objective on Intercontinental Exchange from $175.00 to $193.00 and gave the company a “buy” rating in a research report on Wednesday. Raymond James Financial reissued a “strong-buy” rating and issued a $211.00 price objective on shares of Intercontinental Exchange in a research note on Tuesday, January 6th. Finally, Wall Street Zen upgraded Intercontinental Exchange from a “sell” rating to a “hold” rating in a report on Saturday, December 6th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $193.50.

Key Intercontinental Exchange News

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

• Positive Sentiment: CNBC’s “Final Trades” coverage notes Bill Baruch (Blue Line Capital) remains bullish on ICE and raised his target to $193, supporting upside expectations. Intercontinental Exchange, Apollo Global Management And A Tech Stock On CNBC’s ‘Final Trades’
• Positive Sentiment: TD Cowen analyst coverage flagged ICE as likely to rise, adding to buy-side momentum and reinforcing analyst-driven demand. Intercontinental Exchange (NYSE:ICE) Stock Price Expected to Rise, TD Cowen Analyst Says
• Positive Sentiment: Consensus analyst sentiment remains favorable — aggregated coverage now shows an average “Buy” rating, which supports continued investor interest. Intercontinental Exchange Inc. (NYSE:ICE) Given Average Recommendation of “Buy” by Analysts
• Positive Sentiment: ICE launched exchange-backed base oil futures, a product extension that can add trading volume and fee revenue over time. Exchange-backed base oil futures arrive from Intercontinental Exchange
• Positive Sentiment: ICE is investing over $100M at Deerwood Park North, signaling capital deployment and real-estate/operations expansion that may support long-term growth. Intercontinental Exchange investment at Deerwood Park North topping $100 million
• Positive Sentiment: Profile pieces highlighting CEO Jeffrey Sprecher’s track record (self-made growth story) can lift investor confidence in management execution. Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $98 billion giant
• Neutral Sentiment: Pre-earnings commentary outlines what to watch in ICE’s next report (revenue mix, trading volumes, and M&A impact); useful for near-term guidance but not an immediate catalyst. Here’s What to Expect From Intercontinental Exchange’s Next Earnings Report
• Neutral Sentiment: General “what to know” coverage summarizes drivers behind today’s move for retail readers; informative but not new. Intercontinental Exchange (ICE) stock is up, what you need to know
• Negative Sentiment: Investor concern about AI-related risks surfaced in fund commentary and was cited as a reason for recent weakness — a potential headwind if fears pressure multiples or trading volumes. Intercontinental Exchange (ICE) Fell Due to AI-Related Concerns

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.