ICF International (NASDAQ:ICFI) CEO Sells 12,411 Shares of Stock

ICF International, Inc. (NASDAQ:ICFI) CEO John Wasson sold 12,411 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $80.08, for a total value of $993,872.88. Following the completion of the sale, the chief executive officer owned 27,511 shares of the company’s stock, valued at $2,203,080.88. This trade represents a 31.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

ICF International Price Performance

NASDAQ ICFI traded down $2.78 on Tuesday, reaching $76.35. 312,819 shares of the stock traded hands, compared to its average volume of 292,102. ICF International, Inc. has a 12 month low of $58.83 and a 12 month high of $101.71. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 16.53 and a beta of 0.53. The firm’s fifty day simple moving average is $70.22 and its 200 day simple moving average is $75.76. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.43.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings data on Thursday, May 7th. The business services provider reported $1.50 EPS for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.05). The firm had revenue of $437.50 million during the quarter, compared to the consensus estimate of $448.63 million. ICF International had a return on equity of 11.38% and a net margin of 4.68%.The firm’s quarterly revenue was down 10.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.94 EPS. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. As a group, research analysts predict that ICF International, Inc. will post 7.01 EPS for the current fiscal year.

ICF International announced that its Board of Directors has approved a stock repurchase program on Thursday, June 25th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the business services provider to repurchase up to 8.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

ICF International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Friday, June 5th were given a $0.14 dividend. The ex-dividend date was Friday, June 5th. This represents a $0.56 annualized dividend and a yield of 0.7%. ICF International’s payout ratio is 12.12%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, ICF International presently has an average rating of “Hold” and an average target price of $102.33.

Institutional Trading of ICF International

Several institutional investors and hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC lifted its stake in ICF International by 214.7% during the fourth quarter. SG Americas Securities LLC now owns 34,847 shares of the business services provider’s stock valued at $2,972,000 after buying an additional 23,773 shares in the last quarter. Kennedy Capital Management LLC increased its position in shares of 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 worth $13,877,000 after acquiring an additional 72,664 shares in the last quarter. Gabelli Funds LLC increased its position in shares of ICF International by 142.9% in the fourth quarter. Gabelli Funds LLC now owns 25,500 shares of the business services provider’s stock worth $2,175,000 after acquiring an additional 15,000 shares in the last quarter. Neumeier Poma Investment Counsel LLC raised its holdings 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 valued at $41,037,000 after acquiring an additional 152,905 shares during the period. Finally, Wedge Capital Management L L P NC acquired a new stake in shares of ICF International during the fourth quarter valued at approximately $2,345,000. Institutional investors and hedge funds own 94.12% of the company’s stock.

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.