Intercontinental Exchange, Inc. (ICE) Files Form 4 Insider Selling : Jean Marc Forneri Sells 727 Shares

Intercontinental Exchange, Inc. (ICE): Jean Marc Forneri , director of Intercontinental Exchange, Inc. sold 727 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were sold at $264.51 per share for a total value of $192,298.77 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 31, 2016, Charles R Crisp (director) sold 727 shares at $264.51 per share price.On May 6, 2016, Charles A Vice (President&Chief Op. Officer) sold 3,000 shares at $256.46 per share price.Also, On Apr 12, 2016, Frederic V Salerno (director) sold 837 shares at $232.62 per share price.On Feb 26, 2016, Jeffrey C Sprecher (Chief Executive Officer) sold 24,599 shares at $242.09 per share price.

Intercontinental Exchange Inc: On Friday, May 27, 2016 heightened volatility was witnessed in Intercontinental Exchange Inc which led to swings in the share price. The shares opened for trading at $269.42 and hit $270.71 on the upside , eventually ending the session at $270.21, with a gain of 0.82% or 2.21 points. The heightened volatility saw the trading volume jump to 5,68,960 shares. The 52-week high of the share price is $271.72 and the company has a market cap of $32,167 M . The 52-week low of the share price is at $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.

Leave a Reply

Intercontinental Exchange Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Intercontinental Exchange Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.