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Truist Financial Corp Acquires 6,647 Shares of Intercontinental Exchange Inc. $ICE
Truist Financial Corp increased its stake in Intercontinental Exchange Inc. by 5.7% after acquiring 6,647 additional shares, bringing its total holdings to 123,975 shares valued at $20.08 million. Institutional ownership of ICE stands at 89.30%, and analysts maintain a “Buy” rating with a consensus target price of $194.10. The company recently reported strong quarterly earnings, beating estimates with EPS of $2.35 and revenue of $3.67 billion, a 20.4% year-over-year increase.