NEOS Investment Management LLC Has $11.21 Million Position in Intercontinental Exchange Inc. $ICE

NEOS Investment Management LLC lifted its stake in Intercontinental Exchange Inc. (NYSE:ICE) by 12.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 91,026 shares of the financial services provider’s stock after acquiring an additional 10,148 shares during the quarter. NEOS Investment Management LLC’s holdings in Intercontinental Exchange were worth $11,206,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of ICE. Rakuten Securities Inc. acquired a new stake in shares of Intercontinental Exchange in the 2nd quarter valued at $26,000. Brooklands Fund Management Ltd bought a new stake in Intercontinental Exchange during the fourth quarter worth approximately $28,000. Swiss RE Ltd. bought a new position in shares of Intercontinental Exchange in the fourth quarter valued at approximately $28,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Intercontinental Exchange in the fourth quarter worth $30,000. Finally, Gables Capital Management Inc. acquired a new stake in shares of Intercontinental Exchange in the second quarter worth $31,000. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

More Intercontinental Exchange News

Here are the key news stories impacting Intercontinental Exchange this week:

• Positive Sentiment: Trading activity strengthened: ICE reported a 14% year-over-year increase in average daily volume during August 2026. Higher volumes can support transaction-based revenue across its exchanges and clearing operations. Intercontinental Exchange’s daily volume up 14% Y/Y in August
• Positive Sentiment: Data-services offering expanded: ICE added Parameta Solutions’ over-the-counter pricing to its consolidated feed, which incorporates data from approximately 600 sources. The initiative could improve ICE’s information-services offering and support recurring revenue. ICE Adds Parameta’s OTC Prices to Its 600-Source Consolidated Feed
• Positive Sentiment: International collaboration: The New York Stock Exchange and Korea Exchange agreed to collaborate, potentially supporting cross-market connectivity and future product development. New York Stock Exchange and Korea Exchange to collaborate
• Neutral Sentiment: Relative-performance concerns: A market commentary examined whether ICE is underperforming the Dow, which may be prompting investors to reassess the stock’s valuation and near-term momentum. Is Intercontinental Exchange Stock Underperforming the Dow?
• Negative Sentiment: Insider selling added pressure: President Benjamin Jackson and insider Christopher Edmonds sold a combined 17,862 shares for approximately $2.86 million. Although both retained substantial holdings, the transactions may weigh on sentiment. Insider Selling at Intercontinental Exchange
• Negative Sentiment: Investor concerns remain: A Meridian Hedged Equity Fund letter highlighted pressures affecting ICE during the second quarter, including the market environment surrounding geopolitical tensions and falling crude-oil prices. Here’s What Pressured Intercontinental Exchange

Insider Activity

In other news, insider Christopher Edmonds sold 5,000 shares of Intercontinental Exchange stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $160.59, for a total value of $802,950.00. Following the completion of the sale, the insider directly owned 14,367 shares of the company’s stock, valued at approximately $2,307,196.53. This trade represents a 25.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Andrew Surdykowski sold 4,574 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $161.77, for a total value of $739,935.98. Following the transaction, the general counsel directly owned 43,065 shares in the company, valued at $6,966,625.05. This trade represents a 9.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 41,003 shares of company stock worth $6,416,219. 0.84% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Morgan Stanley dropped their target price on shares of Intercontinental Exchange from $187.00 to $163.00 and set an “equal weight” rating on the stock in a report on Friday, July 10th. UBS Group reaffirmed a “buy” rating and issued a $195.00 price target (up from $190.00) on shares of Intercontinental Exchange in a research report on Friday, July 31st. Rothschild & Co Redburn set a $177.00 price objective on Intercontinental Exchange in a research note on Thursday, June 11th. Raymond James Financial reissued a “strong-buy” rating and set a $218.00 price objective on shares of Intercontinental Exchange in a research report on Tuesday. Finally, Barclays restated an “overweight” rating and set a $182.00 target price (up from $180.00) on shares of Intercontinental Exchange in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $184.17.

Intercontinental Exchange Stock Down 2.0%

Shares of NYSE ICE opened at $161.34 on Friday. Intercontinental Exchange Inc. has a 52-week low of $121.79 and a 52-week high of $176.59. The stock has a market cap of $90.57 billion, a PE ratio of 22.79, a PEG ratio of 1.57 and a beta of 0.93. The business has a fifty day moving average of $148.11 and a two-hundred day moving average of $151.61. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.01 and a current ratio of 1.01.

Intercontinental Exchange (NYSE:ICE) last announced its earnings results on Thursday, July 30th. The financial services provider reported $1.90 EPS for the quarter, topping the consensus estimate of $1.84 by $0.06. Intercontinental Exchange had a return on equity of 14.95% and a net margin of 30.08%.The company had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $2.63 billion. During the same quarter in the prior year, the business earned $1.81 earnings per share. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. As a group, equities research analysts expect that Intercontinental Exchange Inc. will post 8.1 earnings per share for the current fiscal year.

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.