Intercontinental Exchange received multiple upgrades from analysts, with UBS raising its price target to $195 and Barclays to $189, while maintaining a "buy" and "overweight" rating, respectively. Insider transactions revealed significant stock sales by President Benjamin Jackson and insider Christopher Scott Edmonds, with a total of 68,268 shares sold in the last 90 days. The stock currently holds a consensus rating of "Moderate Buy" and a price target of $178.80.
insider trading and institutional investments shape intercontinental exchange stock dynamics
Insiders sold 13,795 shares of Intercontinental Exchange stock worth $2,120,572, reducing their ownership to 1.10%. Institutional investors hold 89.30% of the company, with Janus Henderson Group PLC increasing its stake by 326.3% in Q3. UBS Group raised its price target for the stock from $185 to $195, indicating a potential upside of 16.74%.
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