79,871 Shares in Intercontinental Exchange Inc. $ICE Purchased by CIBC Bancorp USA Inc.

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CIBC Bancorp USA Inc. has acquired a new stake of 79,871 shares in Intercontinental Exchange Inc. ($ICE), valued at approximately $13.46 million. This purchase is part of a broader trend of increased institutional investment in ICE, with other firms like Norges Bank and Wellington Management Group significantly boosting their positions, bringing total institutional ownership to 89.30%. Analysts maintain a “Buy” consensus rating for ICE, with a target price around $194.73, following the company’s recent strong earnings performance.

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