Intercontinental Exchange, Inc. (ICE) Files Form 4 Insider Selling : Jean Marc Forneri Sells 5,800 Shares

Intercontinental Exchange, Inc. (ICE): Jean Marc Forneri , director of Intercontinental Exchange, Inc. sold 5,800 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were sold at $262.95 per share for a total value of $1,525,089.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 3, 2016, Charles A Vice (President&Chief Op. Officer) sold 2,500 shares at $266.40 per share price.On May 31, 2016, Frederic V Salerno (director) sold 727 shares at $264.51 per share price.Also, On May 31, 2016, Fred W Hatfield (director) sold 415 shares at $264.51 per share price.On May 31, 2016, Jean Marc Forneri (director) sold 727 shares at $264.51 per share price.

Shares of Intercontinental Exchange Inc (ICE) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -1.23 points or -0.47% at $261.29 with 5,96,063 shares getting traded. Post opening the session at $261.09, the shares hit an intraday low of $260.13 and an intraday high of $262.5599 and the price vacillated in this range throughout the day. The company has a market cap of $31,105 M and the number of outstanding shares has been calculated to be 11,90,45,641 shares. The 52-week high of Intercontinental Exchange Inc is $271.945 and the 52-week low is $220.282.

Intercontinental Exchange Inc Money Flow Index Chart

On May 4, 2016, Intercontinental Exchange Inc announced a cash dividend of $0.8500. The company’s management has announced Jun 14, 2016 as the ex-dividend date and fixed the record date on Jun 16, 2016. The payable date has been fixed on Jun 30, 2016.

Company has been under the radar of several Street Analysts.Intercontinental Exchange Inc is Resumed by JP Morgan to Neutral. The Rating was issued on Jun 1, 2016.Intercontinental Exchange Inc is Initiated by Sterne Agee CRT to Buy and the brokerage firm has set the Price Target at $300. The Rating was issued on May 20, 2016.Intercontinental Exchange Inc is Resumed by Goldman to Buy. The Rating was issued on May 6, 2016.

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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