Intercontinental Exchange, Inc. (ICE) Files Form 4 Insider Selling : Frederic V Salerno Sells 837 Shares

Intercontinental Exchange, Inc. (ICE): Frederic V Salerno , director of Intercontinental Exchange, Inc. sold 837 shares on Apr 11, 2016. The Insider selling transaction was disclosed on Apr 12, 2016 to the Securities and Exchange Commission. The shares were sold at $232.62 per share for a total value of $194,704.86.

Company has been under the radar of several Street Analysts.Intercontinental Exchange Inc is Upgraded by Argus to Buy and the brokerage firm has set the Price Target at $270. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Feb 17, 2016.Intercontinental Exchange Inc is Reiterated by Barclays to Overweight and the brokerage firm has raised the Price Target to $ 287 from a previous price target of $286 .The Rating was issued on Feb 16, 2016.

Currently the company Insiders own 1.6% of Intercontinental Exchange Inc shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -1.33%.Institutional Investors own 88.77% of Intercontinental Exchange Inc shares.During last six month period, the net percent change held by insiders has seen a change of -2.6%.

Shares of Intercontinental Exchange Inc (ICE) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -1.04 points or -0.45% at $232.48 with 5,00,088 shares getting traded. Post opening the session at $234.24, the shares hit an intraday low of $231.69 and an intraday high of $235.04 and the price vacillated in this range throughout the day. The company has a market cap of $27,639 M and the number of outstanding shares has been calculated to be 11,88,87,696 shares. The 52-week high of Intercontinental Exchange Inc is $268.89 and the 52-week low is $220.282.

Intercontinental Exchange Inc Money Flow Index Chart

Intercontinental Exchange Inc. (ICE) is a global operator of regulated exchanges clearing houses and data services for financial and commodity markets. The Company operates marketplaces for trading and clearing an array of securities and derivatives contracts across asset classes including energy and agricultural commodities equities and equity derivatives among others. Its regulated exchanges include futures exchanges in the United States United Kingdom Canada Singapore and Europe three securities exchanges and two equity options exchanges. The Company also operates over-the-counter (OTC) markets for physical energy and credit default swaps (CDS). Its products and services include Regulated Energy Futures Contracts Regulated Agricultural Futures Contracts Regulated Financial Futures Contracts Securities Products and Listings Credit Derivatives Products OTC Energy Products ICE Data Services and New York Stock Exchange (NYSE) Data Services.

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