ICF International Inc. (NASDAQ:ICFI) saw unusually-strong trading volume on Wednesday . Approximately 100,965 shares were traded during mid-day trading, an increase of 28% from the previous session’s volume of 78,805 shares.The stock last traded at $40.95 and had previously closed at $40.81.

Several analysts recently commented on ICFI shares. Wells Fargo & Co. reiterated a “hold” rating on shares of ICF International in a research report on Thursday, March 10th. Noble Financial reiterated a “hold” rating on shares of ICF International in a research report on Friday, March 11th. Barrington Research upgraded shares of ICF International from a “market perform” rating to an “outperform” rating and set a $50.00 price target for the company in a research report on Monday, May 9th. Zacks Investment Research downgraded shares of ICF International from a “hold” rating to a “sell” rating in a research report on Thursday, March 10th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $49.00 price target (up previously from $47.00) on shares of ICF International in a research report on Friday, May 6th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $48.00.

The company has a market cap of $782.58 million and a price-to-earnings ratio of 19.58. The firm has a 50-day moving average of $40.70 and a 200 day moving average of $36.42.

ICF International (NASDAQ:ICFI) last released its earnings results on Thursday, May 5th. The company reported $0.60 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.60. During the same period last year, the firm earned $0.54 EPS. The business had revenue of $283.60 million for the quarter, compared to analysts’ expectations of $280.03 million. The company’s revenue was up 3.7% compared to the same quarter last year. Equities research analysts anticipate that ICF International Inc. will post $2.88 earnings per share for the current year.

In other news, COO John Wasson sold 8,333 shares of ICF International stock in a transaction dated Monday, May 9th. The stock was sold at an average price of $40.00, for a total transaction of $333,320.00. Following the completion of the sale, the chief operating officer now directly owns 46,121 shares in the company, valued at approximately $1,844,840. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Ellen Glover sold 10,000 shares of ICF International stock in a transaction dated Tuesday, April 19th. The shares were sold at an average price of $38.00, for a total value of $380,000.00. Following the sale, the executive vice president now owns 35,294 shares of the company’s stock, valued at $1,341,172. The disclosure for this sale can be found here.

Several large investors have recently made changes to their positions in the stock. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of ICF International by 9.1% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 29,220 shares of the company’s stock valued at $1,039,000 after buying an additional 2,439 shares in the last quarter. Cornercap Investment Counsel Inc. purchased a new stake in shares of ICF International during the fourth quarter valued at about $1,170,000. DIAM Co. Ltd. raised its stake in shares of ICF International by 165.9% in the fourth quarter. DIAM Co. Ltd. now owns 34,300 shares of the company’s stock valued at $1,220,000 after buying an additional 21,400 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of ICF International by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 36,188 shares of the company’s stock valued at $1,287,000 after buying an additional 628 shares in the last quarter. Finally, American Capital Management Inc. purchased a new stake in shares of ICF International during the fourth quarter valued at about $2,877,000.

ICF International, Inc, formerly ICF Consulting Group Holdings, LLC, provides professional services and technology-based solutions to government and commercial clients, including management, technology and policy consulting and implementation services. It operates through professional services for government and commercial clients segment.

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