Intercontinental Exchange, Inc. (NYSE:ICE) Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank
From MarketBeat:
Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Intercontinental Exchange, Inc. (NYSE:ICE) by 11.3% in the third quarter, now owning 215,422 shares worth $23,701,000. Other institutional investors have also recently bought shares of ICE. Insider transactions include CAO James W. Namkung selling 1,171 shares of stock at $120.00, valued at $140,520. Intercontinental Exchange presently has a “Moderate Buy” rating from analysts and a consensus price target of $133.67. The company’s stock price on the NYSE is $125.79, with a market cap of $70.32 billion. ICE reported $1.46 earnings per share for Q3 and a 13.06% return on equity. The company last announced a quarterly dividend of $0.42, with a dividend yield of 1.34%. Intercontinental Exchange, Inc. is engaged in providing market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities domestically and internationally.
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