Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Intercontinental Exchange Inc shares valued at $204,680 were sold by Namkung James W on Feb 25 ’25. At $170.00 per share, Namkung James W sold 1,204 shares. The insider’s holdings dropped to 19,440 shares worth approximately $3.32 million following the completion of this transaction.
Also, ANDREW SURDYKOWSKI purchased 3,847 shares, netting a total of over 658,645 in proceeds.
Before that, JAMES NAMKUNG had added 1,204 shares to its account. In a trade valued at $202,778, the Officer bought Intercontinental Exchange Inc shares for $168.42 each.
As published in a research note from Raymond James on October 14, 2024, Intercontinental Exchange Inc [ICE] has been rated down from a Strong buy to an Outperform and the price target has been revised to $185. Analysts at RBC Capital Mkts started covering the stock with ‘”an Outperform”‘ outlook in a report released in late September. As of September 26, 2024, TD Cowen has initiated its “Buy” rating for ICE. Earlier on August 02, 2024, Deutsche Bank downgraded its rating. Their new recommendation was “a Hold” for ICE stock which previously was a “a Buy”.
Analyzing ICE Stock Performance
During the last five days, there has been a surge of approximately 2.43%. Over the course of the year, Intercontinental Exchange Inc shares have jumped approximately 14.65%. Shares of the company reached a 52-week high of $173.52 on 02/27/25 and a 52-week low of $142.29 on 01/13/25. A 50-day SMA is recorded $156.95, while a 200-day SMA reached $153.28. Nevertheless, trading volume fell to 2.81 million shares from 3.26 million shares the previous day.
Support And Resistance Levels for Intercontinental Exchange Inc (ICE)
According to the 24-hour chart, there is a support level at 169.64, which, if violated, would cause prices to drop to 168.44. In the upper region, resistance lies at 172.78. The next price resistance is at 174.72. RSI (Relative Strength Index) is 71.84 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.04, which suggests the price will increase in the coming days. Percent R is at 28.57%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
