The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Intercontinental Exchange Inc shares valued at $211,050 were sold by Namkung James W on Mar 20 ’25. At $175.00 per share, Namkung James W sold 1,206 shares. The insider’s holdings dropped to 13,832 shares worth approximately $2.43 million following the completion of this transaction.
Also, JAMES NAMKUNG purchased 1,206 shares, netting a total of over 209,470 in proceeds.
Before that, Kapani Mayur had sold 9,973 shares from its account. In a trade valued at $1,700,575, the Chief Technology Officer traded Intercontinental Exchange Inc shares for $170.52 each. Upon closing the transaction, the insider’s holdings decreased to 9,973 shares, worth approximately $13.04 million.
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 1.19%. Over the course of the year, Intercontinental Exchange Inc shares have jumped approximately 17.95%. Shares of the company reached a 52-week high of $176.82 on 03/26/25 and a 52-week low of $142.29 on 01/13/25. A 50-day SMA is recorded $165.62, while a 200-day SMA reached $156.78.
Support And Resistance Levels for Intercontinental Exchange Inc (ICE)
According to the 24-hour chart, there is a support level at 174.89, which, if violated, would cause prices to drop to 174.03. In the upper region, resistance lies at 176.72. The next price resistance is at 177.68. RSI (Relative Strength Index) is 68.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.19, which suggests the price will increase in the coming days. Percent R is at 11.48%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
