Intercontinental Exchange Inc’s recent filing unveils that its General Counsel Surdykowski Andrew J unloaded Company’s shares for reported $44923.0 on Apr 26 ’24. In the deal valued at $131.74 per share,341 shares were sold. As a result of this transaction, Surdykowski Andrew J now holds 48,713 shares worth roughly $6.4 million.
Then, Intercontinental Exchange, Inc bought 350,880 shares, generating $304,213 in total proceeds. Upon buying the shares at $0.87, the 10% Owner now owns 649,934 shares.
Before that, Sprecher Jeffrey C sold 110,000 shares. Intercontinental Exchange Inc shares valued at $15,093,323 were divested by the Chief Executive Officer at a price of $137.21 per share. As a result of the transaction, Sprecher Jeffrey C now holds 2,661,705 shares, worth roughly $349.43 million.
Barclays upgraded its Intercontinental Exchange Inc [ICE] rating to an Overweight from a an Equal weight in a research note published on January 08, 2024; the price target was increased to $148 from $120. Citigroup also remained covering ICE and has increased its forecast on August 04, 2023 with a “Buy” recommendation from previously “Neutral” rating. Barclays started covering the stock on June 28, 2023. It rated ICE as “an Equal weight”.
Price Performance Review of ICE
On Monday, Intercontinental Exchange Inc [NYSE:ICE] saw its stock jump 0.60% to $131.28. Over the last five days, the stock has gained 0.38%. Intercontinental Exchange Inc shares have risen nearly 2.22% since the year began. Nevertheless, the stocks have risen 22.98% over the past one year. While a 52-week high of $140.43 was reached on 03/07/24, a 52-week low of $103.81 was recorded on 05/02/24. SMA at 50 days reached $134.89, while 200 days put it at $122.10. A total of 1.74 million shares were traded, compared to the trading of 3.99 million shares in the previous session.
Levels Of Support And Resistance For ICE Stock
The 24-hour chart illustrates a support level at 130.52, which if violated will result in even more drops to 129.76. On the upside, there is a resistance level at 131.91. A further resistance level may holdings at 132.54. The Relative Strength Index (RSI) on the 14-day chart is 47.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.64%. Stochastics %K at 58.17% indicates the stock is a holding.
