Also, Director Jean Marc Forneri sold 2,000 shares of the company's stock in a transaction dated Tuesday, February 7th. FMR LLC boosted its stake in shares of Intercontinental Exchange by 782.0% in the fourth quarter. Evercore ISI restated a buy rating and set a $63.00 price objective on shares of Intercontinental Exchange in a research report on Saturday, December 17th. The insider owns 1,728,310 shares which have current market value of around $104147960.6.Charles A. Vice is another major inside shareholder in the company. After trading began at $58.86 the stock was seen hitting $59.48 as a peak level and $58.65 as the lowest level. Stockholders of record on Friday, June 16th will be paid a dividend of $0.20 per share. (NYSE:ICE) rose 1.3% or 0.76 points on Wednesday and made its way into the gainers of the day. Following the transaction, the chief financial officer now owns 202,410 shares of the company's stock, valued at $12,144,600.
The sales growth quarter on quarter is at 30.10% while the total number of outstanding shares are at 593.11. Strong Sell. Investors might also notice that two months ago the Buy recommendations (1) were less than Sell recommendations (1). Intercontinental Exchange had a net margin of 23.87% and a return on equity of 10.79%. The stock traded at a volume of 2.57 million shares. Institutional Investors own 89.76% of Intercontinental Exchange Inc. shares. Zacks Investment Research cut shares of Intercontinental Exchange from a "hold" rating to a "sell" rating in a report on Wednesday, March 8th.
Many Analysts provided their foresight on Revenue Estimates of Intercontinental Exchange, Inc. where they believe that the company has the potential to earn average revenue of $1.16 Billion for the current quarter. The company now has a consensus rating of "Buy" and an average target price of $60.27. The ex-dividend date of this dividend is Wednesday, June 14th. Artisan Partners Limited Partnership boosted its stake in shares of Intercontinental Exchange by 510.8% in the fourth quarter.
Intercontinental Exchange, Inc.is having a Relative Strength Index of 57.95 which indicates the stock is not yet over sold or over bought based on the technical indicators.Intercontinental Exchange Inc. During the same quarter in the previous year, the business posted $3.27 EPS.
ICE has been the topic of several research reports. Intercontinental Exchange's dividend payout ratio (DPR) is now 28.64%. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Finally, Chatham Capital Group Inc. purchased a new stake in Intercontinental Exchange during the third quarter valued at $4,742,000. Also, insider Dean S. Mathison sold 1,370 shares of the firm's stock in a transaction dated Thursday, January 19th. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. The disclosure for this sale can be found here. Artisan Partners Limited Partnership now owns 5,515,439 shares of the company's stock valued at $311,181,000 after buying an additional 4,612,454 shares during the period. Aberdeen Asset Management PLC UK now owns 4,547,041 shares of the company's stock valued at $256,545,000 after buying an additional 3,369,232 shares during the period. (ICE) has been put into a buy territory, but there are few other spots to consider.
ICE's futures exchanges and clearing houses serve global commodity and financial markets, providing risk management and capital efficiency.