Intercontinental Exchange Inc’s recently made public that its President, NYSE Group Martin Lynn C unloaded Company’s shares for reported $1.75 million on Feb 20 ’25. In the deal valued at $166.63 per share,10,481 shares were sold. As a result of this transaction, Martin Lynn C now holds 59,641 shares worth roughly $10.04 million.
Then, Jackson Benjamin sold 17,104 shares, generating $2,849,931 in total proceeds. Upon selling the shares at $166.62, the President now owns 155,174 shares.
Before that, Jackson Benjamin sold 7,900 shares. Intercontinental Exchange Inc shares valued at $1,314,272 were divested by the President at a price of $166.36 per share. As a result of the transaction, Jackson Benjamin now holds 160,059 shares, worth roughly $26.96 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 Friday, Intercontinental Exchange Inc [NYSE:ICE] saw its stock jump 0.33% to $168.42. Over the last five days, the stock has gained 1.03%. Intercontinental Exchange Inc shares have risen nearly 13.03% since the year began. Nevertheless, the stocks have risen 23.21% over the past one year. While a 52-week high of $169.78 was reached on 02/24/25, a 52-week low of $124.34 was recorded on 01/13/25. SMA at 50 days reached $156.15, while 200 days put it at $152.73.
Levels Of Support And Resistance For ICE Stock
The 24-hour chart illustrates a support level at 167.18, which if violated will result in even more drops to 165.94. On the upside, there is a resistance level at 169.77. A further resistance level may holdings at 171.13. The Relative Strength Index (RSI) on the 14-day chart is 68.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.48, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.70%. Stochastics %K at 82.43% indicates the stock is a selling.
