QRG Capital Management Inc. Has $2.67 Million Stock Position in Intercontinental Exchange Inc. $ICE

QRG Capital Management Inc. lessened its holdings in Intercontinental Exchange Inc. (NYSE:ICE) by 29.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,832 shares of the financial services provider’s stock after selling 6,712 shares during the quarter. QRG Capital Management Inc.’s holdings in Intercontinental Exchange were worth $2,667,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Princeton Global Asset Management LLC acquired a new stake in Intercontinental Exchange in the second quarter valued at about $28,000. Westside Investment Management Inc. bought a new position in shares of Intercontinental Exchange in the second quarter worth about $29,000. Hilltop National Bank acquired a new stake in shares of Intercontinental Exchange in the 2nd quarter valued at approximately $31,000. Knuff & Co LLC grew its holdings in shares of Intercontinental Exchange by 73.3% during the 2nd quarter. Knuff & Co LLC now owns 175 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 74 shares during the last quarter. Finally, Private Wealth Management Group LLC increased its position in Intercontinental Exchange by 59.5% during the 3rd quarter. Private Wealth Management Group LLC now owns 177 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 66 shares in the last quarter. Institutional investors and hedge funds own 89.30% of the company’s stock.

Insider Buying and Selling at Intercontinental Exchange

In related news, Director Judith A. Sprieser sold 3,700 shares of the stock in a transaction on 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 of the company’s stock, valued at approximately $2,285,523.24. This represents a 20.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Douglas Foley sold 1,600 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $163.20, for a total transaction of $261,120.00. Following the completion of the sale, the senior vice president owned 24,196 shares of the company’s stock, valued at approximately $3,948,787.20. The trade was a 6.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 166,068 shares of company stock valued at $25,470,702 in the last three months. Insiders own 1.00% of the company’s stock.

Intercontinental Exchange News Summary

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%

Shares of NYSE:ICE opened at $174.20 on Tuesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.01 and a current ratio of 1.01. Intercontinental Exchange Inc. has a 52-week low of $143.17 and a 52-week high of $189.35. The business’s 50 day simple moving average is $160.31 and its two-hundred day simple moving average is $167.31. The firm has a market cap of $99.33 billion, a P/E ratio of 31.73, a PEG ratio of 2.12 and a beta of 1.03.

Intercontinental Exchange (NYSE:ICE) last posted its quarterly earnings results on Thursday, October 30th. The financial services provider reported $1.71 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.71. Intercontinental Exchange had a net margin of 25.24% and a return on equity of 13.79%. The business had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter last year, the firm posted $1.55 EPS. Intercontinental Exchange’s revenue was up 2.6% compared to the same quarter last year. As a group, research analysts forecast that Intercontinental Exchange Inc. will post 6.73 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ICE has been the topic of several recent research reports. Keefe, Bruyette & Woods raised Intercontinental Exchange to a “moderate buy” rating in a report on Monday, October 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of Intercontinental Exchange in a research note on Monday, December 29th. Cowen reaffirmed a “buy” rating on shares of Intercontinental Exchange in a research note on Wednesday, January 14th. Morgan Stanley set a $180.00 price objective on shares of Intercontinental Exchange and gave the company an “equal weight” rating in a report on Thursday. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $211.00 price target on shares of Intercontinental Exchange in a research report on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Intercontinental Exchange currently has a consensus rating of “Buy” and a consensus price target of $193.50.

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.