Intercontinental Exchange, Inc. [ICE] has announced that Gardiner Warren, Chief Financial Officer, has sold 1,570 shares at a price of $178.45 per share on August 20, 2025.
Title: CFO of Intercontinental Exchange Sells Shares Amid Positive Analyst Sentiment
Intercontinental Exchange, Inc. (ICE) has experienced a significant shift in its stock ownership following the announcement that Gardiner Warren, the company's Chief Financial Officer, sold 1,570 shares on August 20, 2025. The sale was executed at a price of $178.45 per share [1].
The transaction comes amidst a period of positive analyst sentiment for ICE. Several research firms, including Barclays, Keefe, Bruyette & Woods, UBS Group, Morgan Stanley, and Piper Sandler, have recently raised their target prices for the stock. Barclays, for instance, boosted its target price from $206 to $212, reflecting a positive outlook [2].
Despite the CFO's sale, ICE's overall stock position remains robust. Institutional investors and hedge funds collectively own 89.30% of the company's stock, indicating strong support from the investment community. Additionally, T. Rowe Price Investment Management Inc. owns a $611.19 million stake in ICE, though it decreased its position by 8.3% in the first quarter of the year [1].
Other notable institutional changes include Royal Bank of Canada increasing its position by 132.9% during the fourth quarter, and Kovitz Investment Group Partners LLC increasing its position by 423.8% during the same period [1]. These substantial increases suggest a strong belief in ICE's future prospects.
ICE recently reported a quarterly dividend of $0.48 per share, translating to an annualized yield of 1.1% [1]. The company also disclosed its earnings for the quarter, reporting $1.81 EPS, which exceeded analyst estimates by $0.04 [1].
The collaboration between Chainlink and ICE, announced in August 2025, further underscores ICE's role as a global financial powerhouse. This partnership aims to bring high-quality, on-chain market data to blockchain networks, enhancing transparency and credibility [3].
References:
[1] https://www.marketbeat.com/instant-alerts/filing-t-rowe-price-investment-management-inc-has-61119-million-stock-position-in-intercontinental-exchange-inc-ice-2025-08-20/
[2] https://www.tronweekly.com/chainlink-ice-partnership-fuels-link-rally/
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