Insider Selling: ICF International (NASDAQ:ICFI) CEO Sells $565,248.00 in Stock

ICF International, Inc. (NASDAQ:ICFI) CEO John Wasson sold 6,400 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $88.32, for a total transaction of $565,248.00. Following the sale, the chief executive officer owned 6,339 shares of the company’s stock, valued at $559,860.48. This trade 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 the SEC website. 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 shares were sold at an average price of $80.08, for a total value of $993,872.88.

ICF International Price Performance

Shares of NASDAQ ICFI opened at $88.00 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The firm has a market cap of $1.58 billion, a P/E ratio of 18.22 and a beta of 0.52. The business’s 50 day moving average is $83.15 and its 200-day moving average is $74.60. ICF International, Inc. has a 1-year low of $58.83 and a 1-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 analysts’ consensus estimates of $1.65 by $0.21. ICF International had a net margin of 4.86% and a return on equity of 11.53%. The firm had revenue of $474.50 million for the quarter, compared to analyst estimates of $478.30 million. During the same quarter in the prior year, the business posted $1.66 EPS. The business’s revenue was down .3% compared to the same quarter last year. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. Equities research analysts predict that ICF International, Inc. will post 7.07 earnings per share for the current year.

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

ICF International Dividend Announcement

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

Institutional Trading of ICF International

A number of hedge funds and other institutional investors have recently modified their holdings of ICFI. California State Teachers Retirement System increased its holdings in shares of ICF International by 6,939.7% during the second quarter. California State Teachers Retirement System now owns 1,208,019 shares of the business services provider’s stock worth $88,016,000 after buying an additional 1,190,859 shares in the last quarter. Empowered Funds LLC bought a new stake in ICF International during the 2nd quarter worth $3,881,000. Public Employees Retirement System of Ohio acquired a new position in ICF International in the 2nd quarter worth about $1,209,000. Corient Private Wealth LP acquired a new position in ICF International in the 2nd quarter worth about $2,860,000. Finally, Bank of America Corp DE bought a new position in ICF International in the second quarter valued at about $6,013,000. Institutional investors own 94.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Wall Street Zen upgraded ICF International from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Barrington Research set a $110.00 price objective on ICF International in a research note on Friday, August 14th. Finally, Weiss Ratings upgraded ICF International from a “sell (d+)” rating to a “hold (c-)” rating in a research report 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $105.00.

ICF International Company Profile

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.