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

ICF International, Inc. (NASDAQ:ICFI) CEO John Wasson sold 12,411 shares of the company’s stock in a transaction dated 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 directly owned 27,511 shares of the company’s stock, valued at $2,203,080.88. The trade was a 31.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

ICF International Stock Performance

Shares of NASDAQ:ICFI opened at $77.96 on Thursday. The business’s 50-day simple moving average is $70.34 and its 200 day simple moving average is $75.63. The company has a market cap of $1.41 billion, a P/E ratio of 16.87 and a beta of 0.53. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.48 and a current ratio of 1.48. ICF International, Inc. has a one year low of $58.83 and a one year high of $101.71.

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

ICF International declared that its Board of Directors has approved a share repurchase program on Thursday, June 25th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the business services provider to buy up to 8.1% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

ICF International Announces Dividend

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

Institutional Trading of ICF International

Several institutional investors have recently added to or reduced their stakes in ICFI. Neumeier Poma Investment Counsel LLC raised its stake in shares of ICF International by 46.6% in the 4th quarter. Neumeier Poma Investment Counsel LLC now owns 481,086 shares of the business services provider’s stock valued at $41,037,000 after purchasing an additional 152,905 shares in the last quarter. Systematic Financial Management LP increased its holdings in ICF International by 84.9% in the first quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider’s stock valued at $14,138,000 after buying an additional 99,442 shares during the last quarter. Kennedy Capital Management LLC bought a new stake in ICF International in the third quarter valued at about $8,354,000. Wedge Capital Management L L P NC acquired a new stake in ICF International during the fourth quarter valued at approximately $2,345,000. Finally, SG Americas Securities LLC lifted its holdings in ICF International by 214.7% during the 4th quarter. SG Americas Securities LLC now owns 34,847 shares of the business services provider’s stock worth $2,972,000 after buying an additional 23,773 shares during the last quarter. 94.12% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded ICF International from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, ICF International currently has an average rating of “Hold” and a consensus price target of $102.33.

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.