ICE stock rises after strong August trading data

Intercontinental Exchange (ICE) is up 3.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver was ICE’s fresh August 2026 operating update, which showed broad-based growth in trading activity and open interest across several major product lines. Investors also may be viewing the company’s recently disclosed financing steps for its planned MarketAxess acquisition as a sign that management is moving ahead with a sizable fixed-income expansion strategy.

Details:

ICE released August 2026 statistics on September 3 showing total average daily volume rose 14% year over year, while open interest increased 19%.

Activity was strong across energy, rates, and agricultural and metals contracts, including record agriculture and metals average daily volume and record financial futures open interest.

NYSE equity options average daily volume climbed 36% year over year, adding to the picture of healthy exchange activity across the platform.

A recent SEC filing showed ICE completed new debt financing tied to its announced MarketAxess deal, which could reinforce investor expectations for future growth in fixed-income trading and data.

Sources:

Intercontinental Exchange, SEC, Yahoo Finance

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ICE Insider Trading Activity

$ICE insiders have traded $ICE stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.

Here’s a breakdown of recent trading of $ICE stock by insiders over the last 6 months:

LYNN C MARTIN (President, NYSE Group) has made 0 purchases and 4 sales selling 15,882 shares for an estimated $2,241,713.
DOUGLAS FOLEY (SVP, HR & Administration) has made 0 purchases and 2 sales selling 8,900 shares for an estimated $1,342,787.
WARREN GARDINER (Chief Financial Officer) has made 0 purchases and 2 sales selling 4,981 shares for an estimated $779,376.
ANDREW J SURDYKOWSKI (General Counsel) has made 0 purchases and 2 sales selling 4,574 shares for an estimated $739,921.
MAYUR KAPANI (Chief Technology Officer) has made 0 purchases and 3 sales selling 4,271 shares for an estimated $645,762.
MARTHA A TIRINNANZI has made 0 purchases and 2 sales selling 1,481 shares for an estimated $237,809.
WILLIAM JEFFERSON HAGUE has made 0 purchases and 2 sales selling 1,424 shares for an estimated $198,503.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$ICE Hedge Fund Activity

We have seen 724 institutional investors add shares of $ICE stock to their portfolio, and 1,009 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JPMORGAN CHASE & CO added 5,724,952 shares (+inf%) to their portfolio in Q2 2026, for an estimated $704,798,840
ROYAL BANK OF CANADA removed 3,536,602 shares (-42.7%) from their portfolio in Q2 2026, for an estimated $435,391,072
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 3,438,416 shares (+inf%) to their portfolio in Q2 2026, for an estimated $423,303,393
D. E. SHAW & CO., INC. added 2,877,224 shares (+126.9%) to their portfolio in Q2 2026, for an estimated $354,215,046
CANTILLON CAPITAL MANAGEMENT LLC removed 2,806,486 shares (-95.4%) from their portfolio in Q2 2026, for an estimated $345,506,491
QUBE RESEARCH & TECHNOLOGIES LTD added 2,453,327 shares (+311.0%) to their portfolio in Q2 2026, for an estimated $302,029,086
BLACKROCK, INC. removed 2,168,430 shares (-4.1%) from their portfolio in Q2 2026, for an estimated $266,955,417

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$ICE Congressional Stock Trading

Members of Congress have traded $ICE stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $ICE stock by members of Congress over the last 6 months:

REPRESENTATIVE RICHARD MCCORMICK has traded it 2 times. They made 1 purchase worth up to $15,000 on 06/12 and 1 sale worth up to $15,000 on 07/30.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$ICE Price Targets

Multiple analysts have issued price targets for $ICE recently. We have seen 7 analysts offer price targets for $ICE in the last 6 months, with a median target of $187.0.

Here are some recent targets:

Benjamin Budish from Barclays set a target price of $180.0 on 07/09/2026
Alex Kramm from UBS set a target price of $190.0 on 07/07/2026
Alexander Blostein from Goldman Sachs set a target price of $180.0 on 06/30/2026
Bill Katz from TD Cowen set a target price of $153.0 on 06/22/2026
Patrick Moley from Piper Sandler set a target price of $211.0 on 04/15/2026
Michael Cyprys from Morgan Stanley set a target price of $187.0 on 04/10/2026
Chris Allen from Keefe, Bruyette & Woods set a target price of $190.0 on 04/08/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.