ICF International (NASDAQ:ICFI) CEO John Wasson Sells 6,400 Shares

ICF International, Inc. (NASDAQ:ICFI) CEO John Wasson sold 6,400 shares of ICF International stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $88.32, for a total value of $565,248.00. Following the completion of the sale, the chief executive officer directly owned 6,339 shares in the company, valued at $559,860.48. This represents a 50.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Wasson also recently made the following trade(s):

• On Monday, July 13th, John Wasson sold 12,411 shares of ICF International stock. The stock was sold at an average price of $80.08, for a total value of $993,872.88.

ICF International Stock Down 0.6%

NASDAQ ICFI opened at $88.32 on Thursday. The business has a fifty day moving average price of $82.32 and a 200 day moving average price of $74.41. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.39. The company has a market cap of $1.58 billion, a P/E ratio of 18.29 and a beta of 0.52. ICF International, Inc. has a one year low of $58.83 and a one year high of $101.50.

ICF International (NASDAQ:ICFI) last announced its earnings results on Thursday, August 6th. The business services provider reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.21. ICF International had a net margin of 4.86% and a return on equity of 11.53%. The company had revenue of $474.50 million for the quarter, compared to analysts’ expectations of $478.30 million. During the same quarter in the previous year, the company posted $1.66 EPS. The firm’s quarterly revenue was down .3% on a year-over-year basis. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Research analysts anticipate that ICF International, Inc. will post 7.07 EPS for the current fiscal year.

ICF International announced that its Board of Directors has authorized a share repurchase plan on Thursday, June 25th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the business services provider to repurchase up to 8.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

ICF International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.14 per share. The ex-dividend date is Friday, September 4th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.6%. ICF International’s dividend payout ratio is currently 11.59%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ICFI. Kennedy Capital Management LLC lifted its position in ICF International by 80.7% in the fourth quarter. Kennedy Capital Management LLC now owns 162,690 shares of the business services provider’s stock valued at $13,877,000 after acquiring an additional 72,664 shares during the last quarter. Gabelli Funds LLC boosted its stake in ICF International by 142.9% in the fourth quarter. Gabelli Funds LLC now owns 25,500 shares of the business services provider’s stock valued at $2,175,000 after acquiring an additional 15,000 shares in the last quarter. Ieq Capital LLC purchased a new position in shares of ICF International during the second quarter worth about $3,055,000. Systematic Financial Management LP grew its holdings in shares of ICF International by 84.9% during the first quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider’s stock worth $14,138,000 after purchasing an additional 99,442 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC increased its position in shares of ICF International by 46.6% during the fourth quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider’s stock worth $41,037,000 after purchasing an additional 152,905 shares in the last quarter. Institutional investors and hedge funds own 94.12% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Barrington Research set a $110.00 target price on ICF International in a report on Friday, August 14th. Wall Street Zen raised shares of ICF International from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings upgraded shares of ICF International from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 12th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, ICF International has an average rating of “Moderate Buy” and a consensus target price of $105.00.

About ICF International

ICF International (NASDAQ: ICFI), commonly known as ICF, is a global consulting and digital services provider specializing in the intersection of strategy, technology, and policy. The firm delivers integrated services and solutions to government and commercial clients in areas such as energy and environment, health and social programs, transportation, infrastructure, technology, and marketing and communications. ICF’s offerings span strategic planning, data analytics, program evaluation, digital transformation, and implementation support.

Founded in 1969 and headquartered in Reston, Virginia, ICF has grown through both organic expansion and targeted acquisitions to broaden its capabilities and geographic reach.