Following The Money: Institution’s Growing Stake In Intercontinental Exchange Inc (NYSE: ICE)

Intercontinental Exchange Inc (ICE) concluded trading on Thursday at a closing price of $176.47, with 4.21 million shares of worth about $743.12 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.23% during that period and on May 08, 2025 the price saw a loss of about -0.03%. Currently the company’s common shares owned by public are about 574.00M shares, out of which, 569.50M shares are available for trading.

Stock saw a price change of 3.30% in past 5 days and over the past one month there was a price change of 16.39%. Year-to-date (YTD), ICE shares are showing a performance of 18.43% which increased to 34.42% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $131.79 but also hit the highest price of $177.45 during that period. The average intraday trading volume for Intercontinental Exchange Inc shares is 3.40 million. The stock is currently trading 7.11% above its 20-day simple moving average (SMA20), while that difference is up 5.18% for SMA50 and it goes to 10.00% higher than SMA200.

Intercontinental Exchange Inc (NYSE: ICE) currently have 574.00M outstanding shares and institutions hold larger chunk of about 92.65% of that.

The stock has a current market capitalization of $101.23B and its 3Y-monthly beta is at 1.12. PE ratio of stock for trailing 12 months is 36.55, while it has posted earnings per share of $4.83 in the same period. Its PEG reads 3.11 while making debt-to-equity ratio of 0.74. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ICE, volatility over the week remained 1.62% while standing at 2.50% over the month.

Stock’s fiscal year EPS is expected to rise by 13.67% while it is estimated to increase by 10.84% in next year. EPS is likely to grow at an annualized rate of 11.74% for next 5-years, compared to annual growth of 6.92% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on October 14, 2024 offering an Outperform rating for the stock and assigned a target price of $185 to it. Coverage by RBC Capital Mkts stated Intercontinental Exchange Inc (ICE) stock as an Outperform in their note to investors on September 27, 2024, suggesting a price target of $200 for the stock. On September 26, 2024, TD Cowen Initiated their recommendations, while on August 02, 2024, Deutsche Bank Downgrade their ratings for the stock with a price target of $152. Stock get a Buy rating from Goldman on July 01, 2024.

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