Intercontinental Exchange Inc (NYSE:ICE) COO Lynn C. Martin sold 2,500 shares of the firm’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $94.75, for a total transaction of $236,875.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of ICE traded up $0.16 during trading hours on Friday, hitting $94.89. 1,508,161 shares of the stock were exchanged, compared to its average volume of 1,619,674. Intercontinental Exchange Inc has a fifty-two week low of $69.69 and a fifty-two week high of $95.52. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.00 and a quick ratio of 1.00. The business has a 50-day moving average of $91.42 and a 200-day moving average of $83.40. The firm has a market capitalization of $53.09 billion, a P/E ratio of 26.43, a price-to-earnings-growth ratio of 3.07 and a beta of 0.50.
Intercontinental Exchange (NYSE:ICE) last posted its quarterly earnings data on Thursday, August 1st. The financial services provider reported $0.94 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.92 by $0.02. Intercontinental Exchange had a net margin of 31.85% and a return on equity of 12.22%. The company had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the prior year, the company posted $0.90 earnings per share. Intercontinental Exchange’s revenue for the quarter was up 4.2% compared to the same quarter last year. As a group, analysts forecast that Intercontinental Exchange Inc will post 3.78 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently bought and sold shares of ICE. Nuveen Asset Management LLC increased its position in shares of Intercontinental Exchange by 17,275.2% during the second quarter. Nuveen Asset Management LLC now owns 5,039,683 shares of the financial services provider’s stock worth $433,110,000 after buying an additional 5,010,678 shares during the period. Lazard Asset Management LLC grew its holdings in Intercontinental Exchange by 63.8% in the first quarter. Lazard Asset Management LLC now owns 12,800,711 shares of the financial services provider’s stock worth $974,645,000 after purchasing an additional 4,986,008 shares during the period. Veritas Asset Management LLP acquired a new stake in Intercontinental Exchange in the second quarter worth $414,300,000. Invesco Ltd. grew its holdings in Intercontinental Exchange by 143.0% in the second quarter. Invesco Ltd. now owns 6,510,255 shares of the financial services provider’s stock worth $559,491,000 after purchasing an additional 3,831,538 shares during the period. Finally, Artisan Partners Limited Partnership grew its holdings in Intercontinental Exchange by 107.1% in the first quarter. Artisan Partners Limited Partnership now owns 4,378,312 shares of the financial services provider’s stock worth $333,365,000 after purchasing an additional 2,264,702 shares during the period. Institutional investors own 90.15% of the company’s stock.
About Intercontinental Exchange
Intercontinental Exchange, Inc operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, European Union, Asia, Israel, and Canada. It operates through two segments, Trading and Clearing; and Data and Listings.
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