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Director Sharon Bowen sold 794 shares of Intercontinental Exchange Inc. (NYSE:ICE) common stock on July 25, 2025, at a price of $185, near the stock’s 52-week high of $185.29. The transaction amounted to $146,890. The $105.83 billion market cap company currently appears overvalued according to InvestingPro analysis.
Following the transaction, Bowen directly owns 14,206 shares of Intercontinental Exchange, Inc., which includes 12,873 shares of common stock and 1,333 restricted stock units. The restricted stock units vest on May 16, 2026. The company maintains a "GOOD" financial health score and has raised its dividend for 13 consecutive years, demonstrating strong operational performance.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan, which was established on March 7, 2025.
The sale was reported in a Form 4 filing with the Securities and Exchange Commission on July 29, 2025. The filing was signed by Octavia N. Spencer, Attorney-in-fact.
In other recent news, Intercontinental Exchange (ICE) reported record trading volumes in the first half of 2025, with 1.2 billion futures and options contracts traded. The company saw a 24% year-over-year increase in trading volumes, with average daily volumes reaching 10 million contracts. In terms of analyst outlooks, Piper Sandler raised its price target for ICE to $202, citing the company’s diversified business model as a positive factor. Meanwhile, Jefferies increased its price target to $209, driven by strong performance in ICE’s energy segment and revised revenue projections for the exchange segment. UBS also raised its price target to $210, with an updated earnings per share estimate of $1.78 for the second quarter of 2025. Additionally, ICE announced plans to expand its NYSE indices, including the launch of the NYSE Elite Tech 100 Index, which will feature technology leaders from all U.S. exchanges. These developments highlight ICE’s ongoing growth and strategic initiatives in the market.
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