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Recent Insider Activity Suggests Potential Gains for Intercontinental Exchange Inc (ICE)

Intercontinental Exchange Inc’s recent filing unveils that its SVP, HR & Administration Foley Douglas unloaded Company’s shares for reported $1.76 million on Feb 07 ’25. In the deal valued at $166.47 per share,10,580 shares were sold. As a result of this transaction, Foley Douglas now holds 21,992 shares worth roughly $ 3.66 million.

Then, Martin Lynn C sold 4,155 shares, generating $688,086 in total proceeds. Upon selling the shares at $165.60, the President, NYSE Group now owns 57,376 shares.

Before that, Jackson Benjamin sold 5,828 shares. Intercontinental Exchange Inc shares valued at $965,774 were divested by the President at a price of $165.71 per share. As a result of the transaction, Jackson Benjamin now holds 164,041 shares, worth roughly $27.31 million.

Raymond James downgraded its Intercontinental Exchange Inc [ICE] rating to an Outperform from a a Strong buy in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who began to cover the stock in late September with a ‘”an Outperform”‘ rating. TD Cowen began covering ICE with “Buy” recommendation on September 26, 2024. Deutsche Bank revised its rating on August 02, 2024. It rated ICE as “a Hold” which previously was an “a Buy”.

Price Performance Review of ICE

On Tuesday, Intercontinental Exchange Inc [NYSE:ICE] saw its stock fall -0.13% to $166.50. Over the last five days, the stock has lost -0.37%. Intercontinental Exchange Inc shares have risen nearly 11.74% since the year began. Nevertheless, the stocks have risen 21.84% over the past one year. While a 52-week high of $169.78 was reached on 02/14/25, a 52-week low of $124.34 was recorded on 01/13/25. SMA at 50 days reached $155.24, while 200 days put it at $151.96.

Levels Of Support And Resistance For ICE Stock

The 24-hour chart illustrates a support level at 165.53, which if violated will result in even more drops to 164.56. On the upside, there is a resistance level at 167.28. A further resistance level may holdings at 168.05. The Relative Strength Index (RSI) on the 14-day chart is 65.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.42, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 25.55%. Stochastics %K at 75.55% indicates the stock is a holding.

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