InsiderStreet Equity Research

Produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation for any investor. Do not rely on it for any investment decision.

Last Close

$161.56

2026-10-16

Market Cap

$90.7B

Volume

2.8M

52-Wk High

$176.05

52-Wk Low

$121.79

Trailing PE

22.7

P/S

7.27

Gross Margin

79.0%

Net Margin

32.3%

ROE

14%

ROIC

8%

Piotroski

7/9

Altman Z

0.7

1-Yr Return

+5.7%

5-Yr Return

+90.7%

Intercontinental Exchange, Inc. (ICE) manages a global network of regulated financial venues, encompassing exchanges, clearing houses, and listing platforms. These operations serve diverse markets, including commodities, financial instruments, fixed income products, and equities, with a geographical footprint spanning key financial centers such as the United States, United Kingdom, European Union, Singapore, Israel, and Canada. The company's business is segmented into three core areas: Exchanges, Fixed Income and Data Services, and Mortgage Technology. Within its Exchanges segment, ICE oversees a robust network comprising 13 regulated exchanges and 6 clearing houses. These extensive marketplaces enable the listing, trading, and clearing of a wide spectrum of derivatives contracts and financial securities. This includes futures and options across diverse sectors such as energy, agriculture, metals, financials, and equities, in addition to providing critical listing, market data, and connectivity solutions. The Fixed Income and Data Services division provides comprehensive analytics and execution services for fixed income products, manages Credit Default Swap (CDS) clearing, and offers multi-asset class data and network solutions. Furthermore, its Mortgage Technology segment delivers an advanced, proprietary platform designed for residential mortgage origination. This division also provides closing solutions that streamline connections across the mortgage supply chain and facilitate secure information exchange, alongside data analytics and "Data as a Service" offerings for lenders to access vital origination insights. Intercontinental Exchange, Inc. was established in 2000 and maintains its headquarters in Atlanta, Georgia.

SectorFinancial ServicesIndustryFinancial - Data & Stock ExchangesExchangeNYSEMarket Cap$90.7BEmployees12,844 (SEC-filed)CEOJeffrey C. SprecherIPO2005-11-16CountryUS

5660 New Northside Drive NW, Atlanta, GA 30328 · Tel 770 857 4700 · ice.com

INSIDERSTREET SCORE59 / 100Street mean $179.50 (6 analysts, last qtr) — their number, not ours

INSIDER CONSENSUS SIGNALROUTINE SELLING — LOW SIGNAL$12M sold / 6 mo, zero open-market buys

1 Year vs S&P 500 · ICE +5.7% · S&P 500 +15.9% · spread -10.2pp

7 Years vs S&P 500 · ICE +90.7% · S&P 500 +189.9% · spread -99.2pp

Both charts indexed to 100 at the start of their window and drawn on a single shared scale, so the gap to the benchmark is the gap you see. Adjusted closes throughout.

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INSIDERSTREET
SCORE59of 100

Score Breakdown

Profitability	74/100
Growth	56/100
Momentum	85/100
Quality	85/100
Earnings Quality	83/100
Balance Sheet	42/100
Value	58/100
Risk (safety)	100/100
Overall	58.6/100

Each component is a diagnostic reading on its own 0-100 scale. The overall score is computed separately from the underlying financials and is not the average of the rows above — components are not equally weighted and three of them (Momentum, Value, Risk) are derived partly from price rather than from the business.

Peer Comparison — IS Score

Symbol	IS Score
MCO	79
CME	56
SPGI	74
NDAQ	64
COIN	34
MSCI	74
ICE	59

IS Score Trend — quarterly

14 quarters, 23 Q1 to 26 Q2. Peak 62 in 25 Q2, latest 59 — -4 since. Fell in 3 of the last 4 quarters. Dashed line marks 40 on the 0-100 scale.

BUSINESS QUALITY59 / 100IS Score 58.6 / 100 · -3.6 from peak of 62

Fundamental factor model, quarterly. Measures how the business is doing - not where the price is going.

PRICE STRUCTUREBULLISHTechnical Score 84 / 100 · Power +67 · 21 of 22 indicator votes bullish

Vote share across trend, momentum, volume, volatility and pattern families. Describes where the price is, not where it is going.

Both readings sit above the midpoint — business quality at 59 and price structure at 84 out of 100 — so they are not in conflict. The fundamentals and the tape are saying the same thing, which is the case in which either one alone would have been enough.

Trigger	Where it stands now	What it would mean
IS Score reaches 75 and holds two consecutive quarters	now 58.6	would move us up one band
IS Score stops falling - one quarter higher than the prior	last four: 61 → 59 → 60 → 59	the direction matters more than the level
Technical vote share back above 50%	now 100%	price structure no longer broken
Institutional holder count rises two quarters running	peak 1,738 → now 1,663	fewer institutions willing to hold is our clearest warning

We publish these so the view can be shown to be wrong. If none of them move and our reading does, we owe you an explanation.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.

Site Convergence Score3 of 4top 4% of 29,420 symbols

Sources Aligned— of 3independent disclosures

Congress (180d)3 buys2026-07-07

Insider Buys (180d)0none disclosed

ETF Funds (30d)1310 up / 1152 downnet +158 funds

Institutions Added (13F)-57managers opening or increasing

Congressional and insider figures are disclosed purchases in the trailing 180 days; ETF figures are COUNTS OF FUNDS whose holding changed in 30 days, not dollars. Coincidence of separate disclosures, not coordination. An absent source means nothing qualifying was disclosed in its window.

Institutions holding — 12 quarters

Peak 1,738 · latest 1,663 (-75 from peak).

Quarter	Holders	13F shares	Value	Reported own%	Guard
2026 Q2	1,663	525.7M	$62.5B	93.2%
2026 Q1	1,720	514.8M	$78.0B	91.3%
2025 Q4	1,738	577.1M	$81.8B	102.3%	ex-outlier 92.7%
2025 Q3	1,679	514.4M	$84.1B	91.2%
2025 Q2	1,697	521.0M	$91.4B	92.4%
2025 Q1	1,707	519.7M	$85.5B	92.2%
2024 Q4	1,655	517.7M	$74.1B	91.8%
2024 Q3	1,593	516.6M	$78.4B	91.6%
2024 Q2	1,472	515.9M	$66.5B	91.5%
2024 Q1	1,453	514.6M	$66.5B	91.2%
2023 Q4	1,424	513.3M	$62.1B	91.0%
2023 Q3	1,291	506.8M	$52.8B	89.9%

How to read ownership above 100%. A 13F reports the positions a manager has investment discretion over, and where two or more managers share discretion over the same block, each one reports it. Summed across filers, the total can therefore exceed the shares actually outstanding without anything being wrong. We publish the figure as filed rather than netting it down, and flag separately any quarter where the arithmetic is not merely high but impossible.

Why 2025-12 reads 102.32%. Institutions cannot hold more of a company than exists. The reported 577.1M shares exceed the 564.0M outstanding, and a single filer accounts for the excess: VANGUARD GROUP INC reports 54,153,170 shares against 53,739,531 the prior quarter, a 1x jump, which alone would be 9.6% of the company. Excluding that filing, ownership is 92.7%. We publish both figures. 13F filings are due 45 days after quarter end and amendments keep arriving after that, so the newest quarter is provisional by construction - this is what an unsettled quarter looks like.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Insider	Role	Date	Type	Shares	Value	Post-Txn Owned
Foley Douglas	SVP, HR & Administration	2026-09-14	SELL	1,600	$0.26M	15,863
Edmonds Christopher Scott	President, Fixed Income & Data	2026-09-01	EXERCISE	5,000	$0.29M	19,367
Edmonds Christopher Scott	President, Fixed Income & Data	2026-09-01	SELL	5,000	$0.80M	14,367
Edmonds Christopher Scott	President, Fixed Income & Data	2026-09-01	EXERCISE	5,000	$0.29M	0
Jackson Benjamin	President	2026-09-01	EXERCISE	6,431	$0.37M	170,695
Jackson Benjamin	President	2026-09-01	EXERCISE	6,431	$0.37M	177,126
Jackson Benjamin	President	2026-09-01	SELL	5,020	$0.80M	172,106
Jackson Benjamin	President	2026-09-01	SELL	6,242	$1.00M	165,864

6-mo decomposition (Form 4)	Txns	Shares	Value	Signal weight
S — Open-market sales	31	80,522	$12.4M	Counted
M — Exercises (paired A/D)	13	54,233	$3.3M	None — mechanics
F — Tax withholding	3	141	—	None — compensation
G — Gifts	1	200	—	None
P — Open-market purchases	0	0	$0	Counted — none occurred

Monthly Net Insider Flow (000 shares)

Net of acquisitions minus dispositions, all Form 4 types.

Signal Summary

SignalRoutine Selling — Low Signal

Open-Market Sells$12.4M31 txns / 6 mo

Open-Market Buys$0.0M0 txns / 6 mo

ClusterNone active3+ insiders / 21 days

Filed	Filer	Shares registered	Est. proceeds
2026-09-09	Foley Douglas	3,200	$0.5M
2026-08-26	Andrew Surdykowski	9,149	$1.5M
2026-08-26	Martha Tirinnanzi	1,340	$0.2M
2026-08-19	Warren Gardiner	2,491	$0.4M
Trailing 12 mo	34 filings	600,981	$93M

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Filed	Form	Reporting person	% of class	Shares
2026-04-30	SCHEDULE 13G	Vanguard Capital Management	7.49%	42.6M sh
2025-12-03	SCHEDULE 13G/A	The Vanguard Group	10.00%	57.1M sh
2025-07-29	SCHEDULE 13G/A	The Vanguard Group	9.35%	53.7M sh
2025-04-17	SCHEDULE 13G/A	BlackRock, Inc.	6.80%	39.1M sh

Member	Chamber	Trade	Size band	Traded	Disclosed
Rich McCormick	House	SELL	$1,001 - $15,000	2026-07-30	2026-08-17
Rich McCormick	House	SELL	$1,001 - $15,000	2026-07-30	2026-08-17
Ro Khanna	House	BUY	$15,001 - $50,000	2026-07-07	2026-08-12
Markwayne Mullin	Senate	BUY	$15,001 - $50,000	2025-12-29	2026-01-16
Markwayne Mullin	Senate	BUY	$15,001 - $50,000	2025-12-29	2026-01-15
Markwayne Mullin	Senate	BUY	$1,001 - $15,000	2023-10-03	2023-11-01

House 12-Mo18 trades11 purchases

Senate 12-Mo2 trades2 purchases

CoverageSTOCK Act filings30-45 day disclosure lag

13F Filers (last complete Q)1,720

13F Shares515M91.3% of shares out

New / Closed151 / 141positions, QoQ

Increased / Reduced700 / 619positions, QoQ

Put/Call (13F)0.85option positions

Free Float99.4%558M sh

2.8 · Largest Reporting 13F Managers

Manager	Shares	Value
Perpetual Ltd	1.5M	$230M
Ninety One Uk Ltd	1.4M	$218M
Davenport & Co Llc	662,565	$101M
Chicago Capital, Llc	605,931	$92M
Assenagon Asset Management S.A.	521,494	$79M
Vontobel Holding Ltd.	323,650	$49M

EDGAR 13F holdings as of 2026-09-30; filer values normalized to dollars.

2.9 · Top ETF & Fund Ownership

Fund	Weight	Position
VITSX	0.1%	$2.7B
VTI	0.1%	$2.7B
VSMPX	0.1%	$2.7B
VTSAX	0.1%	$2.7B
VFINX	0.1%	$2.2B
VOO	0.1%	$2.2B

13F Filers Holding ICE — quarterly

Institutional Put/Call — quarterly

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Daily short-sale volume as % of volume reported in FINRA's short-sale file — a flow measure, not short interest; dashed = 50-day average.

Latest Session21.5%2026-10-15

20-Day Avg41.4%50-day 42.8%

TrendFalling20d vs 50d

By Market CenterQ: 21% · N: 23% · B: 23%latest session

Weekly Notional ($B)

Where ICE Trades in the Dark

ATS Venue (4-wk)	Shares	Avg trade
Incr Intelligent Cross Llc	4.8M	48 sh
Ubsa Ubs Ats	4.1M	55 sh
Sgmt Sigma X2	2.8M	50 sh
Mstx Ms Trajectory Cross (Ats-1)	2.5M	57 sh
Ebxl Level Ats	2.1M	30 sh
Mspl Ms Pool (Ats-4)	2.0M	147 sh

Where a dollar of Intercontinental Exchange, Inc. revenue goes. All values FY2025 filings, live.

Region	Revenue	Share
UNITED STATES	$6.3B	64%
United Kingdom, Continental Europe, and Canada	$3.6B	36%

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ICE (live moat model)Peer median: MCO · CME · SPGI · NDAQ · COIN

Component scores from the live moat model. Peer median illustrative.

Moat score 56/100 — Narrow; primary source Efficient Scale.

3.8 · Employees (SEC filings)

Officer	Title
Jeffrey C. Sprecher	Founder, Chairman & Chief Executive Officer
Benjamin R. Jackson	Chair of ICE Mortgage Technology & President
Christopher Scott Edmonds	President of ICE Fixed Income & Data Services
A. Warren Gardiner	Chief Financial Officer

Revenue ($B)

EPS ($) — GAAP diluted actual, street-basis estimate

Actual bars are GAAP diluted EPS from the filed income statement; the lighter forward bars are street-basis consensus. The two are different measures and are not comparable quarter to quarter.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Quarterly EPS — Actual vs. Consensus

Beats (>2%)4 of 6recent quarters

Avg Surprise+3.5%

Next Report2026-10-29

Income Quality1.34OCF ÷ net income

Beat Rate—%0 of 0 quarters

Current Streak0longest 0

Avg EPS Surprise—%median —%

Surprise Trend—last 4 vs prior 4

Period	EPS est.	EPS actual	EPS surprise	Rev est. ($M)	Rev actual ($M)	Rev surprise

Announcement dates to . Consensus as it stood at each report. Revenue surprise shown where both estimate and actual are filed. A beat record is history, not a forecast.

Profit Margins (%)

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Revenue by Segment — Stacked

Live segmentation data.

YoY Growth Heatmap — Income Lines

YoY growth	FY21	FY22	FY23	FY24	FY25
Revenue	+11.2%	+5.1%	+2.8%	+18.8%	+7.5%
Gross profit	+16.7%	+3.7%	+8.8%	+15.3%	+19.9%
Operating income	+13.7%	+5.5%	+1.5%	+16.6%	+13.6%
Net income	+94.3%	-64.4%	+63.8%	+16.3%	+20.0%

$B · FY ends	FY21	FY22	FY23	FY24	FY25
Revenue	9.2	9.6	9.9	11.8	12.6
Cost of revenue	4.2	4.4	4.2	5.2	4.8
Gross profit	5.0	5.2	5.7	6.5	7.8
R&D expense	0.0	0.0	0.0	0.0	0.0
SG&A expense	0.5	0.4	0.5	0.6	1.7
Operating income	3.4	3.6	3.7	4.3	4.9
EBITDA	7.1	3.5	4.9	6.1	6.6
D&A	1.0	1.0	1.2	1.5	1.6
Pretax income	5.7	1.8	2.9	3.6	4.4
Income tax	1.6	0.3	0.5	0.8	1.0
Net income	4.1	1.4	2.4	2.8	3.3
Diluted EPS ($)	7.18	2.58	4.19	4.78	5.77
Diluted shares (M)	565	561	565	576	571

Operating CF$5B

CapEx$0B

Free cash flow$4B

SBC$0B

Buybacks$1B

Net cash change$4B

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Balance Sheet — Full

$B	FY22	FY23	FY24	FY25
Cash & equivalents	1.8	0.9	0.8	0.8
ST investments	6.1	0.2	0.5	2.8
Receivables (net)	3.9	3.0	3.1	3.2
Total current assets	156.9	85.0	89.1	85.8
PP&E (net)	1.8	1.9	2.2	2.7
Goodwill + intangibles	34.2	47.9	46.9	46.0
Total assets	194.3	136.1	139.4	136.9
Accounts payable	0.9	1.0	1.1	1.1
Short-term debt	0.0	2.0	3.0	1.0
Deferred revenue	0.2	0.2	0.2	0.2
Total current liabilities	149.2	84.6	89.6	84.1
Long-term debt	18.1	20.7	17.3	18.6
Total liabilities	171.6	110.3	111.7	107.9
Shareholders' equity	22.8	25.8	27.7	29.0

Cash Flow Statement — Full

$B	FY22	FY23	FY24	FY25
Net income	1.5	2.4	2.8	3.4
D&A	1.0	1.2	1.5	1.6
Stock-based compensation	0.2	0.3	0.2	0.2
Working capital change	0.1	(0.4)	0.1	(0.5)
Operating cash flow	3.6	3.5	4.6	4.7
Capital expenditures	(0.5)	(0.5)	(0.4)	(0.4)
Investing cash flow	0.7	(8.8)	(0.9)	(4.2)
Buybacks	(0.7)	(0.1)	(0.1)	(1.4)
Dividends paid	(0.9)	(1.0)	(1.0)	(1.1)
Debt issuance / (repay)	4.2	2.1	(2.3)	(2.0)
Financing cash flow	(1.8)	(64.3)	0.1	(6.3)
Free cash flow	3.1	3.1	4.2	4.3

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Balance Sheet Structure ($B)

Cash Generation vs Capex ($B)

Left: what the balance sheet is made of — the gap between the assets bar and the liabilities bar is book equity. Right: whether the capex bar is covered by the operating-cash bar; where it is not, the difference was funded externally and free cash flow goes negative.

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
PROFITABILITY
ROE	19.2%	6.4%	9.8%	10.3%	11.7%	14%
ROA	2.5%	0.7%	1.4%	2.0%	2.4%	2.3%
ROIC	6.8%	9.1%	6.6%	7.1%	8.3%	7.6%
Gross margin	54.7%	54.0%	57.1%	55.5%	61.9%	79.0%
Operating margin	37.6%	37.8%	37.3%	36.6%	38.7%	43.5%
Net margin	44.3%	15.0%	23.9%	23.4%	26.1%	32.3%
EBITDA margin	77.8%	35.9%	49.7%	51.7%	52.6%	53.7%
FCF margin	29.1%	31.9%	30.8%	33.5%	33.9%	—
VALUATION
P/E	18.06	38.21	29.93	30.87	28.00	22.7
P/B	3.23	2.43	2.76	3.08	3.20	3.1
P/S	7.99	5.73	7.16	7.23	7.32	7.27
P/FCF	27.43	17.99	23.21	21.56	21.57	18.7
EV/EBITDA	12.18	19.01	18.84	17.18	16.40	16.4
EV/Revenue	9.47	6.82	9.36	8.87	8.64	8.8
Earnings yield	5.5%	2.6%	3.3%	3.2%	3.6%	4.42%
FCF yield	3.6%	5.6%	4.3%	4.6%	4.6%	5.35%

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
LEVERAGE & SOLVENCY
Current ratio	1.01	1.05	1.00	0.99	1.02	1.01
Quick ratio	1.01	1.05	1.00	0.99	1.02	0.04
Debt / equity	0.62	0.81	0.89	0.75	0.70	0.69
Debt / assets	7.3%	9.5%	16.8%	14.8%	14.8%	11.8%
Net debt / EBITDA	1.90	3.02	4.43	3.18	2.50	2.91
Interest coverage	14.47	3.94	4.58	4.99	6.53	—

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
EFFICIENCY
Asset turnover	0.06	0.05	0.06	0.09	0.09	0.07
Receivables turnover	7.52	8.11	7.81	8.24	8.31	6.7
DSO (days)	49	45	47	44	44	55
DPO (days)	59	65	80	72	81	161
Cash conversion cycle	-10	-20	-34	-27	-37	16162
GROWTH (YoY)
Revenue growth	11.2%	5.1%	2.8%	18.8%	7.5%	—
Net income growth	94.3%	-64.4%	63.8%	16.3%	20.0%	—
EPS growth	93.9%	-64.0%	62.3%	13.9%	21.2%	—
FCF growth	8.1%	15.0%	-0.6%	29.2%	8.7%	—
PER SHARE ($)
EPS (diluted, TTM)	7.18	2.58	4.19	4.77	5.78	7.14
Book value / share	40.19	40.55	45.52	47.92	50.63	52.57
Revenue / share	16.23	17.21	17.53	20.38	22.13	22.13
FCF / share	4.73	5.49	5.40	6.84	7.51	8.60
Cash / share	1.07	14.19	2.00	2.37	6.33	3.46
SHAREHOLDER RETURN & SCORES
Buyback yield	0.4%	1.3%	0.1%	0.1%	1.5%	3.01%
Altman Z-Score	0.52	0.44	0.72	0.83	0.95	0.7
Piotroski F-Score	6	6	6	6	9	7/9
Beneish M-Score	-2.51	-0.48	-2.51	-2.45	-4.08	-4.40

Model	Score	Zone	Note
Piotroski F-Score	7 / 9	Strong
Altman Z-Score	0.7	Distress (<1.81)	Distress
Income quality	1.34	Cash-backed	OCF ÷ net income
Beneish M-Score	-4.40	Non-manipulator	vs −2.22 threshold

DuPont Decomposition (TTM)	Value
Tax burden	0.75
Interest burden	1.04
Operating margin	41.3%
Asset turnover	0.08×
Financial leverage	5.49×
= ROE	14%

Growth Quality (live)	Value
Revenue stability	0.91
Earnings stability	0.13
Earnings persistence	0.86
Revenue CAGR 3y	9.2%
EPS CAGR 3y	33.2%
FCF CAGR 3y	15.4%

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NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Buyback Yield3.01%

Dividend Yield1.26%

Total Shareholder Return4.65%cash yield

SBC / Revenue2.1%dilution pressure

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	Piotroski	1-yr ret
MCO	$84.0B	30.7	80%	40.2%	+11.7%	7/9	+3.7%
CME	$105.7B	24.8	16%	61.1%	+5.1%	6/9	+12.5%
SPGI	$126.7B	26.1	15%	29.4%	+9.7%	7/9	-8.8%
NDAQ	$52.5B	27.1	17%	20.0%	+7.3%	7/9	+7.2%
COIN	$45.7B	-46.9	-8%	-29.5%	-21.0%	4/9	—
MSCI	$41.4B	31.3	-76%	39.4%	+11.6%	8/9	—
TRU	$14.2B	19.3	18%	19.3%	+12.4%	8/9	—
FDS	$10.7B	20.6	25%	19.1%	+6.7%	5/9	—

1-yr returns computed from adjusted price history; peers without a tracked series show —.

Buy

36 Analysts

Str Sell (0)Sell (1)Hold (4)Buy (30)Str Buy (1)

Mean Target (qtr)$179.506 targets

Target vs. Price+11.1%last-quarter mean

Next Report2026-10-29street $1.96

Consensus estimates	Revenue mean	High / Low	EPS mean	High / Low	# EPS est.
FY2026	$11.10B	$11.21B / $10.74B	$8.18	$8.35 / $8.10	8
FY2027	$11.78B	$12.15B / $11.10B	$8.90	$9.02 / $8.69	8
FY2028	$12.58B	$13.05B / $12.40B	$9.94	$10.75 / $8.58	3

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Street Price Target — Trajectory

Window	Avg Target	vs. Price	# Targets
Last Month	$170.25	+5.4%	4
Last Quarter	$179.50	+11.1%	6
Last Year	$186.86	+15.7%	28
All Time	$162.86	+0.8%	63

Rolling mean of published targets vs. last close $161.56. Aggregated from StreetInsider, Benzinga, Pulse 2.0.

Third-Party Composite Rating

B+

DCF

4/5

ROE

4/5

ROA

4/5

Debt/Eq

3/5

P/E

2/5

P/B

2/5

Independent quant composite as of 2026-10-16; components scored 1–5 (5 best). Shown for contrast with the InsiderStreet Score — methodologies differ.

ICE +5.7% vs S&P 500 +15.9% — spread -10.2pp

Sector — XLF +7.2%

Peer Set — indexed to 100

All series indexed to 100 at the start of the window, adjusted closes.

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Candlesticks with SMA 20/50 overlay, Bollinger (20,2σ) band, volume, and Wilder RSI(14) — computed from live daily OHLCV.

Moving Average	Value	Distance	% Distance	Signal
SMA 20	$154.67	+6.89	+4.45%	Above
SMA 50	$156.18	+5.38	+3.44%	Above
SMA 200	$154.63	+6.93	+4.48%	Above
EMA 9	$156.85	+4.71	+3.00%	Above
EMA 21	$155.68	+5.88	+3.78%	Above
EMA 50	$154.29	+7.27	+4.71%	Above
EMA 200	$154.24	+7.32	+4.75%	Above

Series and readings from the nightly technical-indicator history — identical data to the site's ribbon chart. Supertrend segments colored by direction.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

TECHNICAL VERDICTBULLISHPower Score +6721 of 22 indicator votes bullish

Family Scores (site weights)

Trend 30%100

Momentum 25%100

Volume 20%56

Volatility 10%100

Patterns 15%50

This Week100% bullishof 11 price-based votes

4 Weeks Ago18%+82 pts since

12 Weeks Ago82%+18 pts since

ReadImprovingweek-over-week trajectory

Price vs SMA 20$154.67

Price vs SMA 50$156.18

Price vs SMA 200$154.63

EMA 9/21 Cross156.8/155.7

SMA 50/200Golden

ADX DirectionADX 13

Supertrend$151

Parabolic SAR$151

SMA Slope0.310

RSI64.0

Stochastic K/D88/83

StochRSI K/D89/85

Williams %R-1

CCI193

TSI vs Signal7.0

CMO27.9

ROC7.61%

OBV SignalAccum

Chaikin MF-0.020

MFI52

Force Index3M

Elder Ray Bull5.97

RSI (14)30 oversold · 70 overbought

Stochastic %Kvs %D 83

Money Flowvolume-weighted RSI

ADXtrend strength · <20 weak

Williams %Rinverted scale

Level	Value	Level	Value
Pivot / R1 / R2	$157.74 / $159.57 / $160.73	S1 / S2	$156.58 / $154.75
Bollinger (20,2)	$149.27 – $160.07	Squeeze	Off
52-wk range	$121.79 – $176.05	Off 52-wk high	-8.2%
ATR (14)	$3.18 (2.0%)	Historical vol	19.4%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

-1.4%Jan60%

+2.3%Feb55%

+0.6%Mar43%

+2.8%Apr70%

+1.4%May50%

+1.6%Jun65%

+0.1%Jul75%

+0.2%Aug50%

-0.2%Sep40%

+3.8%Oct70%

+4.0%Nov70%

+3.9%Dec55%

Sample: 20 years — treat short histories as suggestive, not statistical.

Computed from live weekly prices	ICE	S&P 500
Weekly volatility (σ, 1y)	3.66%	1.83%
Best / worst week (1y)	+11.4% / -7.8%	—
Max drawdown (5y, monthly)	-32.4%	—
1-week VaR (95%)	-6.4%	—
Beta (5y)	0.93	1.00

ICE EQUITY WEATHER (LIVE)CLOUDY · +5

Trend+39

Momentum+57

Volume-48

Volatility-60

Breadth-23

MARKET REGIME (2026-10-16)NEUTRAL

VIX19.99Normal

Dow TheoryConfirmed Bearish

SPY / QQQ TSI7.2 / 4.7trend strength

Sector Strength46/100breadth average

Average sentiment of 359 stories, weekly buckets, −1 to +1.

This space intentionally left blank — the next section begins on the following page

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Overall+4.9+7.3 vs industry

Trend+38.5+17.6 vs industry

Momentum+56.7+47.7 vs industry

Volume-47.8-62.6 vs industry

Reading	ICE	Financial - Data & Stock Exchanges n=92	Financial Services n=24,134	All US symbols n=70,435
Overall	+4.9	-2.4	-16.3	-20.5
Trend	+38.5	+20.9	-12.5	-21.3
Momentum	+56.7	+9.0	-4.4	-15.8
Volume	-47.8	+14.8	+0.0	-3.8

Trend, momentum and volume are computed per company. Volatility and breadth are market-regime values shared by every symbol in the universe, so they are reported once under Market Regime rather than compared here - a company cannot differ from its sector on a constant.

Executive	Total comp	Structure
Jeffrey C. Sprecher Chair and Chief Executiv	$22.1M	94% equity+incentive
Benjamin R. Jackson President, Intercontinen	$8.7M	90% equity+incentive
Lynn C. Martin President, NYSE Group	$6.2M	88% equity+incentive
Christopher S. Edmonds President, Fixed Inco	$5.7M	86% equity+incentive
A. Warren Gardiner Chief Financial Officer	$5.7M	86% equity+incentive

Pillar (live disclosure scores)	Score
Environmental	66
Social	61
Governance	57
Composite ESG	61

Composite ESG Trend

Filed	8-K contents	Items
2026-08-28	Bylaws Amendment; Exhibits	5.03,9.01
2026-08-21	Material Agreement; Financial Obligation; Exhibits	1.01,2.03,9.01
2026-08-20	Other Events; Exhibits	8.01,9.01
2026-07-30	Material Agreement; Regulation FD; Exhibits	1.01,7.01,9.01
2026-07-30	Earnings Release; Exhibits	2.02,9.01
2026-05-19	Shareholder Vote	5.07
2026-04-30	Earnings Release; Exhibits	2.02,9.01
2026-02-05	Results of Operations and Financial Condition; Financial Statements an	2.02,9.01

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.

DISCLOSURES. This document is produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation tailored to any person. Data is sourced as of the dates shown and may no longer be current. InsiderStreet.ai is not a registered investment adviser or broker-dealer. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Do not make any investment decision based on this document. © 2026 InsiderStreet.ai — all rights reserved. Redistribution prohibited.

Data domain	Source	Coverage for this report
Price & volume	market_db.historical_prices	52 rows
Fundamentals	income_statements_annual	6 rows · 2020 to 2025
Reported vs consensus	fact/earnings_calendar	24 rows · 2020-10-29 to 2026-07-30
Analyst estimates	dim/forward_estimates	3 rows · 2026-12-31 to 2028-12-31
Institutional ownership (13F)	holdings_db.institutional_ownership_summary	64 rows · 2006 to 2026
Insider transactions (Form 4)	edgar/form4	12 rows · 2026-08-26 to 2026-09-14
Proposed sales (Form 144)	edgar/form144	1 record
Beneficial ownership (13D/G)	edgar/13dg	4 rows · 2025-04-17 to 2026-04-30
Short-sale volume (FINRA)	edgar/short_volume_daily	60 rows · 2026-07-23 to 2026-10-15
Dark pool (ATS, tier 1)	edgar/darkpool_weekly	12 rows · 2026-06-15 to 2026-08-31
ETF & fund holding	etf_holdings_changelog (30d)	1 record
Peer set	stock_peers_dynamic	8 rows
Industry medians	industry_medians	1 record
Congressional trades	congress_db (House + Senate)	1 record
ESG	fact/esg_disclosures	1 record

Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.

Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.