Xponance Inc. Trims Stock Holdings in Intercontinental Exchange Inc. $ICE

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Xponance Inc. reduced its stake in Intercontinental Exchange Inc. (NYSE:ICE) by 7.9% in the third quarter, now owning 81,100 shares valued at $13.66 million. Despite this, several other institutional investors increased their holdings, and analysts have issued “Buy” or “Overweight” ratings for ICE, with an average target price of $195.40. The company recently reported strong quarterly earnings, beating estimates, and declared a $0.52 quarterly dividend.

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