Have Intercontinental Exchange Insiders Been Selling Stock?

We wouldn't blame Intercontinental Exchange, Inc. (NYSE:ICE) shareholders if they were a little worried about the fact that Benjamin Jackson, the Chair of ICE Mortgage Technology & President recently netted about US$1.4m selling shares at an average price of US$175. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 5.4%.

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The Last 12 Months Of Insider Transactions At Intercontinental Exchange

In fact, the recent sale by Benjamin Jackson was the biggest sale of Intercontinental Exchange shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of US$172. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Insiders in Intercontinental Exchange didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

View our latest analysis for Intercontinental Exchange

I will like Intercontinental Exchange better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership Of Intercontinental Exchange

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Intercontinental Exchange insiders own 0.6% of the company, currently worth about US$556m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Intercontinental Exchange Tell Us?

Insiders haven't bought Intercontinental Exchange stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. On the plus side, Intercontinental Exchange makes money, and is growing profits. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Intercontinental Exchange.

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For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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