ICE Intercontinental Exchange, Inc.

NEUTRAL Impact: 2/10 Insider Cluster (3 insiders)
Horizon immediate Filed May 28, 2026 Processed 17d 17h ago
Insider cluster: 3 insiders, $0.8M total
Latest settled — T+5d ⚠ clustered
ICE ▼ -4.21% at T+5d
NEUTRAL call ✗ call lost -4.21% · α vs SPY -1.68% · entry $147.63 → $141.42
Next anchor: T+20d in 11d
Currently $140.25 · -5.00% from $147.63 entry
Entry anchored
May 28, 2026
via day open
T+1d
-1.87%
call -1.87% · α -2.13%
$144.87
settled 17d ago
T+5d
-4.21%
call -4.21% · α -1.68%
$141.42
settled 11d ago
T+20d
call — · α —
in 11d
T+60d
call — · α —
in 2mo

Price Chart

Loading chart...

Executive Summary

Three insiders at ICE sold a total of ~$788K in open-market sales over a 7-day window. The largest sale ($390K) came from CFO Warren Gardiner on May 19, followed by General Counsel Surdykowski ($297K) and Director Sharon Bowen ($101K). Relative to ICE's $84.7B market cap, the aggregate sales represent <0.001% — a trivial amount that is routine portfolio diversification, not a bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$788.0K
Insiders
3

Actionable Insight

Insider sales are trivial relative to market cap and carry no bearish signal. The CFO, GC, and a director selling small positions is routine diversification. Monitor next quarter's 8-K for any business update but no immediate action warranted.

Key Facts

  • CFO Warren Gardiner sold 2,500 shares at ~$156.64 for ~$390K on 2026-05-19
  • General Counsel Andrew Surdykowski sold 1,965 shares at ~$150.97 for ~$297K on 2026-05-26 (also exercised derivative shares at $57.31 the same day, a non-cash event)
  • Director Sharon Bowen sold 667 shares at ~$151.28 for ~$101K on 2026-05-22
  • Total cluster dollar value: ~$788K, representing less than 0.001% of ICE's $84.7B market cap

Financial Impact

Sales total ~$788K, immaterial relative to $84.7B market cap

insider selling

Risk Factors

  • No material risk from this cluster — sales are sub-0.001% of market cap

Market Snapshot

Exchange
NYSE
Sector
Security & Commodity Brokers, Dealers, Exchanges & Services
Analyst Consensus
86% bullish (21 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-ICE-1780000244314
8 reports for ICE
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+60▲ +2.02%May 1, 2026
Filters
Rows
Reports for ICE — sortable, filterable
Type Now
Jun 12, 2026
2d ago
Institutional Cluster
MIXED ★ 5/10
$138.95 awaiting T+5awaiting T+5$140.25 (+0.94%)
May 31, 2026
14d ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$158.65 $155.17▼ −2.19%▼ −3.42%$140.25 (−11.60%)
May 28, 2026
17d ago
Insider Cluster
NEUTRAL ★ 2/10
$147.63 $141.42▼ −4.21%▼ −1.68%$140.25 (−5.00%)
May 20, 2026
25d ago
144
NEUTRAL ★ 2/10
$151.10 $147.63▼ −2.30%▼ −4.14%$140.25 (−7.18%)
May 1, 2026
6w ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$158.65 $155.17▼ −2.19%▼ −3.42%$140.25 (−11.60%)
Apr 30, 2026
6w ago
8-K
BULLISH ★ 8/10
$157.58 $155.75▼ −1.16%▼ −2.89%$140.25 (−11.00%)
Feb 28, 2026
15w ago
Institutional Cluster
NEUTRAL ★ 5/10
$164.58 $165.65▲ +0.65%▲ +1.86%$140.25 (−14.78%)
Feb 20, 2026
16w ago
Insider Cluster
NEUTRAL ★ 4/10
$153.92 $164.13▲ +6.63%▲ +7.08%$140.25 (−8.88%)
Showing 8 of 8

US Market Status

Market Open — Closes in 6h 25m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access