Today, the Vice Chairman of Intercontinental Exchange, Vice Charles, exercised options of Intercontinental Exchange (NYSE: ICE) for $99.82K.
Following Vice Charles A’s last ICE Buy transaction on April 05, 2017, the stock climbed by 16.1%.
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Based on Intercontinental Exchange’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.58 billion and quarterly net profit of $464 million. In comparison, last year the company earned revenue of $1.49 billion and had a net profit of $418 million. ICE’s market cap is $43.93B and the company has a P/E ratio of 18.05. Currently, Intercontinental Exchange has an average volume of 1.64M.
20 different firms, including Argus Research and Barclays, currently also have a Buy rating on the stock. Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $81.00, reflecting a -5.2% downside.
The insider sentiment on Intercontinental Exchange has been positive according to 88 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Vice Charles A’s trades have generated a 5.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Intercontinental Exchange, Inc. engages in the management of online marketplace. It operates through the Trading and Clearing; and Data and Listings segments. The Trading and Clearing segment offers transaction-based executions and clearing activities. The Data and Listings segment includes securities and subscription-based data services.
