Investors sold shares of IntercontinentalExchange Group Inc. (NYSE:ICE) on strength during trading hours on Thursday. $32.16 million flowed into the stock on the tick-up and $55.78 million flowed out of the stock on the tick-down, for a money net flow of $23.62 million out of the stock. Of all stocks tracked, IntercontinentalExchange Group had the 0th highest net out-flow for the day. IntercontinentalExchange Group traded up $1.22 for the day and closed at $265.26

A number of brokerages have recently weighed in on ICE. Zacks Investment Research lowered shares of IntercontinentalExchange Group from a “hold” rating to a “sell” rating in a research note on Wednesday, April 27th. Keefe, Bruyette & Woods reaffirmed a “buy” rating on shares of IntercontinentalExchange Group in a research note on Saturday, April 9th. Argus upped their price target on shares of IntercontinentalExchange Group from $270.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, May 5th. Deutsche Bank AG began coverage on shares of IntercontinentalExchange Group in a research note on Thursday, May 5th. They issued a “buy” rating and a $295.00 price target for the company. Finally, Sterne Agee CRT began coverage on shares of IntercontinentalExchange Group in a research note on Thursday, May 19th. They issued a “buy” rating and a $300.00 price target for the company. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $283.83.

The stock has a market capitalization of $30.52 billion and a price-to-earnings ratio of 22.71. The company’s 50 day moving average is $257.52 and its 200 day moving average is $249.38.

IntercontinentalExchange Group (NYSE:ICE) last announced its earnings results on Wednesday, May 4th. The company reported $3.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.65 by $0.03. The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same quarter last year, the business earned $3.06 EPS. The company’s revenue for the quarter was up 35.8% compared to the same quarter last year. Analysts forecast that IntercontinentalExchange Group Inc. will post $13.90 earnings per share for the current year.

In other IntercontinentalExchange Group news, insider Thomas W. Farley sold 755 shares of the firm’s stock in a transaction dated Wednesday, July 6th. The shares were sold at an average price of $253.18, for a total value of $191,150.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Charles A. Vice sold 3,000 shares of the firm’s stock in a transaction dated Thursday, May 5th. The shares were sold at an average price of $256.08, for a total transaction of $768,240.00. Following the completion of the sale, the insider now owns 62,983 shares of the company’s stock, valued at approximately $16,128,686.64. The disclosure for this sale can be found here.

A number of large investors recently bought and sold shares of the stock. BlackRock Advisors LLC boosted its stake in IntercontinentalExchange Group by 58.5% in the fourth quarter. BlackRock Advisors LLC now owns 87,950 shares of the company’s stock valued at $22,538,000 after buying an additional 32,467 shares during the last quarter. Utah Retirement Systems boosted its stake in IntercontinentalExchange Group by 0.5% in the fourth quarter. Utah Retirement Systems now owns 20,037 shares of the company’s stock valued at $5,135,000 after buying an additional 100 shares during the last quarter. KBC Group NV boosted its stake in IntercontinentalExchange Group by 4.8% in the fourth quarter. KBC Group NV now owns 26,679 shares of the company’s stock valued at $6,837,000 after buying an additional 1,217 shares during the last quarter. State of Tennessee Treasury Department boosted its stake in IntercontinentalExchange Group by 31.1% in the fourth quarter. State of Tennessee Treasury Department now owns 50,381 shares of the company’s stock valued at $12,911,000 after buying an additional 11,944 shares during the last quarter. Finally, Affinity Investment Advisors LLC boosted its stake in IntercontinentalExchange Group by 0.7% in the fourth quarter. Affinity Investment Advisors LLC now owns 18,820 shares of the company’s stock valued at $4,823,000 after buying an additional 130 shares during the last quarter.

Intercontinental Exchange Inc, formerly IntercontinentalExchange Group, Inc, is a network of regulated exchanges and clearing houses for financial and commodity markets. The Company delivers transparent and accessible data, technology and risk management services to markets around the world through its portfolio of exchanges, including the New York Stock Exchange, ICE Futures, Liffe and Euronext.

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