Mackenzie Financial Corp Decreases Position in Intercontinental Exchange Inc. $ICE

NodeGuardian · 2026-03-15T13:14:34+00:00

Mackenzie Financial Corp cut its Intercontinental Exchange stake by 1.8%, amid insider selling by CEO Sprecher. Despite this, ICE exceeded earnings estimates and analysts still favor a "Buy" rating with a $194.73 target price.

NodeGuardian

2026-03-15 13:14:34

Abstract generation in progress

Mackenzie Financial Corp reduced its stake in Intercontinental Exchange Inc. (ICE) by 1.8% in the third quarter, while several other institutional investors adjusted their positions. The company has seen significant insider selling, particularly from CEO Jeffrey C. Sprecher. Despite this, ICE beat earnings estimates, and analysts maintain an average “Buy” rating with a target price of $194.73.

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