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 ICF International stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $88.32, for a total value of $565,248.00. Following the completion of the transaction, the chief executive officer owned 6,339 shares of the company’s stock, valued at approximately $559,860.48. This trade represents a 50.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 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 shares were sold at an average price of $80.08, for a total value of $993,872.88.

ICF International Stock Performance

NASDAQ:ICFI opened at $90.00 on Friday. The firm has a market capitalization of $1.61 billion, a PE ratio of 18.63 and a beta of 0.52. The stock’s fifty day moving average is $82.82 and its 200 day moving average is $74.50. ICF International, Inc. has a fifty-two week low of $58.83 and a fifty-two week high of $101.50. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.39.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.86 EPS for the quarter, topping the consensus estimate of $1.65 by $0.21. ICF International had a net margin of 4.86% and a return on equity of 11.53%. The company had revenue of $474.50 million during the quarter, compared to analyst estimates of $478.30 million. During the same period in the previous year, the firm earned $1.66 earnings per share. ICF International’s quarterly revenue was down .3% compared to the same quarter last year. ICF International has set its FY 2026 guidance at 6.950-7.250 EPS. On average, sell-side analysts anticipate that ICF International, Inc. will post 7.07 earnings per share for the current year.

ICF International announced that its board has authorized a share buyback 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 purchase up to 8.1% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

ICF International Announces Dividend

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

Analysts Set New Price Targets

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

Institutional Investors Weigh In On ICF International

Several large investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its position in shares of ICF International by 2,121.1% during the second quarter. EverSource Wealth Advisors LLC now owns 422 shares of the business services provider’s stock worth $36,000 after acquiring an additional 403 shares during the period. Allworth Financial LP purchased a new stake in shares of ICF International in the second quarter valued at approximately $86,000. Captrust Financial Advisors bought a new position in ICF International in the second quarter worth approximately $246,000. Vise Technologies Inc. bought a new position in ICF International in the second quarter worth approximately $248,000. Finally, TradeLink Capital LLC purchased a new position in ICF International during the 4th quarter worth $296,000. 94.12% of the stock is owned by hedge funds and other 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.