Insider Selling: ICF International (NASDAQ:ICFI) EVP Sells 2,000 Shares of Stock

ICF International, Inc. (NASDAQ:ICFI) EVP Sergio Ostria sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $88.59, for a total value of $177,180.00. Following the completion of the transaction, the executive vice president directly owned 24,467 shares of the company’s stock, valued at approximately $2,167,531.53. This represents a 7.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

ICF International Stock Performance

ICF International stock traded up $0.96 during mid-day trading on Wednesday, reaching $89.34. 106,672 shares of the company’s stock were exchanged, compared to its average volume of 278,257. The business’s fifty day simple moving average is $79.72 and its 200 day simple moving average is $74.18. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.39. ICF International, Inc. has a one year low of $58.83 and a one year high of $101.50. The firm has a market capitalization of $1.60 billion, a PE ratio of 18.50 and a beta of 0.51.

ICF International (NASDAQ:ICFI) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.21. The firm had revenue of $474.50 million during the quarter, compared to the consensus estimate of $478.30 million. ICF International had a return on equity of 11.53% and a net margin of 4.86%.The business’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.66 EPS. 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 7.06 earnings per share for the current year.

ICF International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, September 4th will be given a $0.14 dividend. 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 payout ratio is currently 11.59%.

ICF International announced that its Board of Directors has approved a stock repurchase program on Thursday, June 25th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to reacquire up to 8.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Institutional Trading of ICF International

A number of institutional investors have recently modified their holdings of ICFI. California State Teachers Retirement System boosted its holdings in ICF International by 6,939.7% in the 2nd 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 period. Empowered Funds LLC purchased a new stake in shares of ICF International during the second quarter worth $3,881,000. Public Employees Retirement System of Ohio bought a new position in shares of ICF International in the second quarter worth $1,209,000. Corient Private Wealth LP bought a new position in shares of ICF International in the second quarter worth $2,860,000. Finally, Bank of America Corp DE purchased a new position in shares of ICF International in the second quarter valued at $6,013,000. 94.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

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.