Intercontinental Exchange (ICE)

Company Profile

ICE Mortgage Technology, a division of Intercontinental Exchange, Inc., combines the innovation and expertise of Ellie Mae, Simplifile and MERS to automate the entire mortgage process from consumer engagement through loan registration and every step and task in between. Ellie Mae, as part of ICE Mortgage Technology, is the leading cloud-based loan origination platform provider for the mortgage industry with solutions that enable lenders to originate more loans, lower origination costs and reduce the time to close, all while ensuring the highest levels of compliance, quality and efficiency.

Company profile

Ticker

ICE

Exchange

NYSE

Website

www.theice.com

CEO

Jeffrey Sprecher

Incorporated

Delaware

Location

Georgia

Fiscal year end

Dec 31

Sector

Finance and Insurance > Securities and Commodity Exchanges

Industry (SIC)

Security & Commodity Brokers, Dealers, Exchanges & Services

CME • Nasdaq Inc - 144A • T. Rowe Price • LPL Financial • BGC Partners • Tradeweb Markets Inc Cls A • Forge Global • Cboe Global Markets • StoneX • National ...

Former names

IntercontinentalExchange Group, Inc.

SEC CIK

0001571949

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Intercontinental Exchange Holdings, Inc. • ICE Data Management Group, LLC • ICE Data Investment Group, LLC • ICE Data, LP • ICE Futures U.S., Inc. • ICE Clear U.S., Inc. • ICE US Holding Company GP LLC • ICE US Holding Company LP LLC • ICE US Holding Company L.P. • ICE Clear Credit LLC ...

ICE stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$130.57

Low target

$117.00

High target

$168.00

Keefe, Bruyette & Woods

Latest filings (excl ownership)

View all

Intercontinental Exchange Reports Strong Full Year 2022 Results

2 Feb 23

425

Business combination disclosure

3 Nov 22

Intercontinental Exchange Reports Strong Third Quarter 2022

3 Nov 22

8-K

Results of Operations and Financial Condition

28 Oct 22

8-K

Amendments to Articles of Incorporation or Bylaws

22 Aug 22

EFFECT

Notice of effectiveness

22 Aug 22

424B3

Prospectus supplement

19 Aug 22

CORRESP

Correspondence with SEC

17 Aug 22

Transcripts

View all

ICE

Earnings call transcript

2022 Q4

2 Feb 23

ICE

Earnings call transcript

2022 Q3

3 Nov 22

ICE

Earnings call transcript

2022 Q2

4 Aug 22

ICE

Earnings call transcript

2022 Q1

5 May 22

ICE

Earnings call transcript

2021 Q4

3 Feb 22

ICE

Earnings call transcript

2021 Q3

28 Oct 21

ICE

Earnings call transcript

2021 Q2

29 Jul 21

ICE

Earnings call transcript

2021 Q1

29 Apr 21

ICE

Earnings call transcript

2020 Q4

4 Feb 21

ICE

Earnings call transcript

2020 Q3

29 Oct 20

Latest ownership filings

View all

Financial summary

Financial statements Chart ICE financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	150.34 bn	150.34 bn	150.34 bn	150.34 bn	150.34 bn	150.34 bn
Cash burn (monthly)	4.69 bn	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	5.44 bn	n/a	n/a	n/a	n/a	n/a
Cash remaining	144.91 bn	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	30.9	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

ICE institutional ownership history Ownership history

82.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1152	1184	-2.7%
Opened positions	88	87	+1.1%
Closed positions	120	184	-34.8%
Increased positions	470	500	-6.0%
Reduced positions	429	428	+0.2%

13F shares	Current	Prev Q	Change
Total value	41.75 bn	45.32 bn	-7.9%
Total shares	461.20 mm	481.33 mm	-4.2%
Total puts	1.44 mm	1.57 mm	-8.5%
Total calls	1.43 mm	1.90 mm	-24.8%
Total put/call ratio	1.0	0.8	+21.7%

Largest owners	Shares	Value	Change
Vanguard	45.04 mm	$4.07 bn	+0.9%
BLK Blackrock	40.96 mm	$3.70 bn	-1.2%
MS Morgan Stanley	21.36 mm	$1.93 bn	+0.4%
FMR	14.28 mm	$1.29 bn	-1.3%
T. Rowe Price Investment Management	11.76 mm	$1.06 bn	NEW
Lazard Asset Management	10.37 mm	$936.75 mm	-1.2%
Geode Capital Management	10.16 mm	$916.84 mm	+1.6%
Capital World Investors	9.90 mm	$894.61 mm	-18.6%
JPM JPMorgan Chase & Co.	8.26 mm	$746.58 mm	+31.9%
Magellan Asset Management	8.22 mm	$742.76 mm	-15.0%

Largest transactions	Shares	Bought/sold	Change
STT State Street	0.00	-23.83 mm	EXIT
T. Rowe Price Investment Management	11.76 mm	+11.76 mm	NEW
T. Rowe Price	2.41 mm	-11.71 mm	-82.9%
Mitsubishi UFJ Kokusai Asset Management	4.07 mm	+3.76 mm	+1190.5%
Capital International Investors	7.33 mm	-2.92 mm	-28.5%
Capital World Investors	9.90 mm	-2.26 mm	-18.6%
Parnassus Investments	6.91 mm	+2.15 mm	+45.1%
JPM JPMorgan Chase & Co.	8.26 mm	+2.00 mm	+31.9%
Boston Partners	1.68 mm	+1.68 mm	NEW
Veritas Asset Management	4.28 mm	+1.52 mm	+55.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

ICE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
8 Dec 22	Jeffrey C Sprecher	Common Stock	Gift	Dispose G	No	No	0	67,000	0.00	1,188,207
5 Dec 22	Lynn C Martin	Common Stock	Payment of exercise	Dispose F	No	No	107.09	654	70.04 k	45,911
29 Nov 22	Jeffrey C Sprecher	Common Stock	Sell	Dispose S	Yes	Yes	106.0004	4,143	439.16 k	2,971,705
29 Nov 22	Jeffrey C Sprecher	Common Stock	Sell	Dispose S	Yes	Yes	105.2729	25,857	2.72 mm	2,975,848
23 Nov 22	Douglas Foley	Common Stock	Sell	Dispose S	No	Yes	105.98	1,600	169.57 k	20,934
14 Nov 22	Surdykowski Andrew J	Common Stock	Sell	Dispose S	No	Yes	105	2,500	262.50 k	40,507
14 Nov 22	Surdykowski Andrew J	Common Stock	Option exercise	Acquire M	No	Yes	41.59	1,000	41.59 k	43,007
14 Nov 22	Surdykowski Andrew J	Employee Stock Option (right to buy) Holding Common Stock	Option exercise	Dispose M	No	No	41.59	1,000	41.59 k	500