Director Judith Sprieser Sells 2,246 Shares of Intercontinental Exchange Inc (ICE)
Judith Sprieser, a director at Intercontinental Exchange Inc (NYSE:ICE), executed a sale of 2,246 shares in the company on February 13, 2024, according to a recent SEC Filing. Intercontinental Exchange Inc is a leading operator of global exchanges, clearing houses, data and listings services. The company facilitates transactions in a wide range of asset classes, including energy and agricultural commodities, interest rates, and equities.
Over the past year, the insider has sold a total of 2,246 shares and has not made any purchases of the company's stock.
The insider transaction history for Intercontinental Exchange Inc indicates a pattern of 32 insider sells and no insider buys over the past year.
On the date of the insider's recent transaction, shares of Intercontinental Exchange Inc were trading at $134.02, resulting in a market capitalization of $78,385.462 billion.
The company's price-earnings ratio stands at 32.67, surpassing both the industry median of 19.15 and the historical median price-earnings ratio for the company.
With the current share price of $134.02 and a GuruFocus Value of $116.52, Intercontinental Exchange Inc's price-to-GF-Value ratio is 1.15, indicating that the stock is considered Modestly Overvalued according to the GF Value metric.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, an adjustment factor based on the company's past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
