Advisors Preferred LLC Sells 32,295 Shares of Intercontinental Exchange Inc. $ICE

Key Points

• Advisors Preferred LLC cut its stake in Intercontinental Exchange by 74%, selling 32,295 shares and leaving 11,350 shares valued at $1.816 million.
• ICE posted record Q1 results—adjusted EPS $2.35 topped estimates and revenue $3.67 billion rose 20.4% year‑over‑year—and the board approved an 8% higher quarterly dividend of $0.52 per share.
• Corporate insiders sold a total of 348,418 shares worth $54.2 million over the last three months, even as institutional investors own about 89.3% of the stock.

Advisors Preferred LLC trimmed its stake in shares of Intercontinental Exchange Inc. (NYSE:ICE - Free Report) by 74.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,350 shares of the financial services provider's stock after selling 32,295 shares during the quarter. Advisors Preferred LLC's holdings in Intercontinental Exchange were worth $1,816,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ICE. Brighton Jones LLC increased its stake in Intercontinental Exchange by 51.3% in the 4th quarter. Brighton Jones LLC now owns 3,448 shares of the financial services provider's stock worth $514,000 after acquiring an additional 1,169 shares during the last quarter. Empowered Funds LLC increased its stake in Intercontinental Exchange by 9.0% in the 1st quarter. Empowered Funds LLC now owns 14,396 shares of the financial services provider's stock worth $2,483,000 after acquiring an additional 1,189 shares during the last quarter. Sivia Capital Partners LLC increased its stake in Intercontinental Exchange by 16.2% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,078 shares of the financial services provider's stock worth $381,000 after acquiring an additional 289 shares during the last quarter. NewEdge Advisors LLC increased its stake in Intercontinental Exchange by 27.9% in the 2nd quarter. NewEdge Advisors LLC now owns 21,213 shares of the financial services provider's stock worth $3,892,000 after acquiring an additional 4,628 shares during the last quarter. Finally, Treasurer of the State of North Carolina increased its stake in Intercontinental Exchange by 2.4% in the 2nd quarter. Treasurer of the State of North Carolina now owns 266,496 shares of the financial services provider's stock worth $48,894,000 after acquiring an additional 6,373 shares during the last quarter. 89.30% of the stock is currently owned by institutional investors.

More Intercontinental Exchange News

Here are the key news stories impacting Intercontinental Exchange this week:

• Positive Sentiment: Q1 results beat expectations — ICE reported record revenue and profit with adjusted EPS of $2.35 and revenue well above estimates, driven by broad-based strength across businesses. ICE Q1 deep dive: Record revenue growth and strategic innovation drive Q1 2026 results
• Positive Sentiment: Transaction revenues jumped (notably in mortgage services) and energy trading also boosted the quarter — mortgage unit volumes and transaction revenue surged, helping drive the year‑over‑year revenue increase. ICE sees transaction revenue surge in mortgage unit
• Positive Sentiment: Board approved an 8% higher quarterly cash dividend ($0.52), supporting income-focused holders and signaling management confidence in cash flow. Intercontinental Exchange Approves Second-Quarter Dividend of $0.52 per Share
• Neutral Sentiment: Analyst and media takes: several outlets parsed the earnings and whether ICE remains a buy — coverage mixes valuation, growth outlook and index‑weight implications for passive flows. Is Intercontinental Exchange Stock Worth Watching Right Now
• Neutral Sentiment: Earnings call materials and transcripts are available for details on forward guidance, product launches and margin drivers — useful for investors doing deeper diligence. Intercontinental Exchange, Inc. Q1 2026 Earnings Call Summary
• Negative Sentiment: Near-term selling pressure / technicals: the stock pulled back below its 50- and 200-day moving averages on lighter-than-average volume, suggesting profit-taking and short-term momentum weakness despite the fundamentals (this dynamic helps explain today’s decline).

Analysts Set New Price Targets

A number of equities analysts have weighed in on ICE shares. Deutsche Bank Aktiengesellschaft upgraded Intercontinental Exchange from a "hold" rating to a "buy" rating and set a $188.00 target price on the stock in a research note on Friday, March 6th. Royal Bank Of Canada restated an "outperform" rating and issued a $180.00 target price on shares of Intercontinental Exchange in a research note on Tuesday, January 6th. Piper Sandler restated an "overweight" rating and issued a $211.00 target price (up from $195.00) on shares of Intercontinental Exchange in a research note on Wednesday, April 15th. Raymond James Financial reiterated a "strong-buy" rating and issued a $211.00 price objective on shares of Intercontinental Exchange in a report on Tuesday, January 6th. Finally, UBS Group reiterated a "buy" rating and issued a $200.00 price objective on shares of Intercontinental Exchange in a report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Intercontinental Exchange has an average rating of "Buy" and an average price target of $194.10.

Intercontinental Exchange Trading Up 0.2%

Shares of ICE stock opened at $155.04 on Monday. The stock has a market capitalization of $87.82 billion, a PE ratio of 22.57, a P/E/G ratio of 1.60 and a beta of 0.96. Intercontinental Exchange Inc. has a 1-year low of $143.17 and a 1-year high of $189.35. The business has a 50-day moving average of $160.21 and a 200 day moving average of $160.01. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.01 and a quick ratio of 1.01.

Intercontinental Exchange (NYSE:ICE - Get Free Report) last issued its earnings results on Thursday, April 30th. The financial services provider reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.23 by $0.12. The company had revenue of $3.67 billion during the quarter, compared to analysts' expectations of $2.88 billion. Intercontinental Exchange had a return on equity of 14.99% and a net margin of 30.06%.Intercontinental Exchange's quarterly revenue was up 20.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.72 EPS. As a group, sell-side analysts anticipate that Intercontinental Exchange Inc. will post 8.11 earnings per share for the current year.

Intercontinental Exchange Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Wednesday, December 16th will be issued a dividend of $0.52 per share. The ex-dividend date is Wednesday, December 16th. This represents a $2.08 annualized dividend and a yield of 1.3%. Intercontinental Exchange's dividend payout ratio is currently 30.28%.

Insider Activity at Intercontinental Exchange

In related news, General Counsel Andrew J. Surdykowski sold 4,571 shares of the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $162.00, for a total transaction of $740,502.00. Following the completion of the sale, the general counsel directly owned 48,181 shares in the company, valued at $7,805,322. This represents a 8.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Warren Gardiner sold 2,490 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $154.00, for a total value of $383,460.00. Following the sale, the chief financial officer owned 27,679 shares of the company's stock, valued at $4,262,566. This represents a 8.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 348,418 shares of company stock worth $54,196,631 over the last three months. Corporate insiders own 0.84% of the company's stock.

About Intercontinental Exchange

Intercontinental Exchange NYSE: ICE is a global operator of exchanges, clearing houses and data services that provides infrastructure for the trading, clearing, settlement and information needs of financial and commodity markets. Founded in 2000 by Jeffrey C. Sprecher as an electronic energy trading platform, the company has grown through organic expansion and acquisitions to operate a broad portfolio of assets spanning listed equities, futures and options, fixed income, and over-the-counter derivatives.

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