John Wasson Sells 6,400 Shares of ICF International (NASDAQ:ICFI) 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 shares were sold at an average price of $88.32, for a total transaction of $565,248.00. Following the completion of the sale, the chief executive officer owned 6,339 shares in the company, valued at $559,860.48. The trade was a 50.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available 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 Performance

ICFI traded down $0.49 during trading hours on Wednesday, hitting $88.32. The company’s stock had a trading volume of 181,119 shares, compared to its average volume of 274,354. The company has a 50-day simple moving average of $81.92 and a 200 day simple moving average of $74.32. 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 capitalization of $1.58 billion, a PE ratio of 18.29 and a beta of 0.52. ICF International, Inc. has a fifty-two week low of $58.83 and a fifty-two week high of $101.50.

ICF International (NASDAQ:ICFI) last announced its quarterly 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. The company had revenue of $474.50 million during the quarter, compared to analyst estimates of $478.30 million. ICF International had a return on equity of 11.53% and a net margin of 4.86%.The firm’s quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.66 EPS. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. As a group, sell-side analysts expect that ICF International, Inc. will post 7.07 EPS for the current year.

ICF International Dividend Announcement

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

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

Analysts Set New Price Targets

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

Institutional Trading of ICF International

A number of large investors have recently added to or reduced their stakes in ICFI. California State Teachers Retirement System grew its position in ICF International by 6,939.7% in 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 during the last quarter. Empowered Funds LLC acquired a new stake in shares of ICF International during the 2nd quarter valued at $3,881,000. Public Employees Retirement System of Ohio bought a new stake in shares of ICF International during the 2nd quarter worth $1,209,000. Corient Private Wealth LP acquired a new position in shares of ICF International in the 2nd quarter worth $2,860,000. Finally, Bank of America Corp DE acquired a new position in shares of ICF International in the 2nd quarter worth $6,013,000. 94.12% of the stock is currently owned by institutional investors.

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.