First National Bank of Omaha Sells 10,266 Shares of Intercontinental Exchange, Inc. (NYSE:ICE)

First National Bank of Omaha reduced its position in Intercontinental Exchange, Inc. (NYSE:ICE - Free Report) by 17.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 49,603 shares of the financial services provider's stock after selling 10,266 shares during the quarter. First National Bank of Omaha's holdings in Intercontinental Exchange were worth $7,968,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of ICE. Quintet Private Bank Europe S.A. lifted its holdings in shares of Intercontinental Exchange by 13.8% during the 3rd quarter. Quintet Private Bank Europe S.A. now owns 511 shares of the financial services provider's stock worth $82,000 after acquiring an additional 62 shares during the period. Raleigh Capital Management Inc. lifted its stake in Intercontinental Exchange by 26.4% during the third quarter. Raleigh Capital Management Inc. now owns 302 shares of the financial services provider's stock worth $49,000 after purchasing an additional 63 shares during the period. Integrated Advisors Network LLC boosted its holdings in Intercontinental Exchange by 4.0% during the third quarter. Integrated Advisors Network LLC now owns 1,714 shares of the financial services provider's stock valued at $275,000 after purchasing an additional 66 shares in the last quarter. American National Bank boosted its holdings in Intercontinental Exchange by 13.8% during the second quarter. American National Bank now owns 569 shares of the financial services provider's stock valued at $78,000 after purchasing an additional 69 shares in the last quarter. Finally, Catalyst Capital Advisors LLC grew its stake in shares of Intercontinental Exchange by 6.2% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 1,197 shares of the financial services provider's stock valued at $192,000 after purchasing an additional 70 shares during the period. Institutional investors and hedge funds own 89.30% of the company's stock.

Insider Buying and Selling at Intercontinental Exchange

In other Intercontinental Exchange news, CFO Warren Gardiner sold 750 shares of the business's stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $161.43, for a total value of $121,072.50. Following the completion of the transaction, the chief financial officer now directly owns 16,576 shares of the company's stock, valued at approximately $2,675,863.68. The trade was a 4.33 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Christopher Scott Edmonds sold 602 shares of the firm's stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $162.81, for a total value of $98,011.62. Following the sale, the insider now directly owns 14,034 shares in the company, valued at approximately $2,284,875.54. This represents a 4.11 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,696 shares of company stock valued at $1,554,559. 1.10% of the stock is currently owned by company insiders.

Intercontinental Exchange Trading Down 0.3 %

NYSE:ICE traded down $0.44 on Friday, hitting $155.93. 3,274,872 shares of the stock were exchanged, compared to its average volume of 2,696,783. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.00 and a current ratio of 1.00. Intercontinental Exchange, Inc. has a 52 week low of $111.82 and a 52 week high of $167.99. The stock has a market capitalization of $89.53 billion, a price-to-earnings ratio of 36.95, a P/E/G ratio of 2.58 and a beta of 1.08. The company's 50-day moving average price is $160.38 and its 200 day moving average price is $152.75.

Intercontinental Exchange (NYSE:ICE - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The financial services provider reported $1.55 earnings per share for the quarter, meeting the consensus estimate of $1.55. Intercontinental Exchange had a net margin of 21.31% and a return on equity of 12.75%. The business had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.35 billion. During the same period in the prior year, the business posted $1.46 earnings per share. Intercontinental Exchange's revenue was up 17.3% compared to the same quarter last year. On average, equities research analysts forecast that Intercontinental Exchange, Inc. will post 6.07 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently commented on ICE shares. The Goldman Sachs Group boosted their price target on Intercontinental Exchange from $171.00 to $185.00 and gave the company a "buy" rating in a research note on Thursday, October 3rd. Raymond James downgraded shares of Intercontinental Exchange from a "strong-buy" rating to an "outperform" rating and set a $185.00 target price on the stock. in a research note on Monday, October 14th. Piper Sandler increased their target price on shares of Intercontinental Exchange from $170.00 to $180.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 8th. Barclays reduced their price target on shares of Intercontinental Exchange from $179.00 to $173.00 and set an "overweight" rating on the stock in a research report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Intercontinental Exchange from $160.00 to $163.00 and gave the stock a "hold" rating in a report on Monday, November 11th. Three research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $174.13.

About Intercontinental Exchange

Intercontinental Exchange, Inc, together with its subsidiaries, engages in the provision of market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Singapore, India, Abu Dhabi, Israel, and Canada.