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

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

ICF International Stock Down 3.5%

ICFI opened at $76.35 on Wednesday. The company has a 50 day moving average of $70.25 and a 200 day moving average of $75.68. The company has a market cap of $1.38 billion, a PE ratio of 16.53 and a beta of 0.53. ICF International, Inc. has a 12 month low of $58.83 and a 12 month high of $101.71. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.43.

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

ICF International announced that its board has initiated a share repurchase plan 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 plans are generally an indication that the company’s board believes its stock is undervalued.

ICF International Announces Dividend

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

Institutional Investors Weigh In On ICF International

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Handelsbanken Fonder AB boosted its stake in ICF International by 73.6% during the second quarter. Handelsbanken Fonder AB now owns 12,502 shares of the business services provider’s stock valued at $911,000 after buying an additional 5,300 shares during the period. Gabelli Funds LLC increased its stake in ICF International by 17.6% in the 1st quarter. Gabelli Funds LLC now owns 30,000 shares of the business services provider’s stock worth $1,959,000 after acquiring an additional 4,500 shares during the last quarter. Systematic Financial Management LP raised its holdings in shares of ICF International by 84.9% in the 1st quarter. Systematic Financial Management LP now owns 216,538 shares of the business services provider’s stock valued at $14,138,000 after acquiring an additional 99,442 shares in the last quarter. Jump Financial LLC boosted its position in shares of ICF International by 195.3% during the 4th quarter. Jump Financial LLC now owns 6,756 shares of the business services provider’s stock valued at $576,000 after acquiring an additional 4,468 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its position in shares of ICF International by 62.2% during the 4th quarter. Russell Investments Group Ltd. now owns 21,132 shares of the business services provider’s stock valued at $1,803,000 after acquiring an additional 8,104 shares during the last quarter. Hedge funds and other institutional investors own 94.12% of the company’s stock.

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 equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, ICF International has a consensus rating of “Hold” and an average target price 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.