ICF International, Inc. (NASDAQ:ICFI) CEO John Wasson Sells 100 Shares

ICF International, Inc. (NASDAQ:ICFI) CEO John Wasson sold 100 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $180.00, for a total transaction of $18,000.00. Following the completion of the transaction, the chief executive officer now directly owns 68,718 shares of the company’s stock, valued at $12,369,240. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

John Wasson also recently made the following trade(s):

• On Thursday, August 29th, John Wasson sold 1,417 shares of ICF International stock. The stock was sold at an average price of $165.14, for a total value of $234,003.38.

ICF International Stock Down 0.6 %

Shares of ICF International stock traded down $1.06 during trading on Thursday, reaching $168.75. The stock had a trading volume of 176,134 shares, compared to its average volume of 98,907. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $3.17 billion, a price-to-earnings ratio of 29.66 and a beta of 0.61. ICF International, Inc. has a 52 week low of $128.28 and a 52 week high of $179.67. The stock has a fifty day moving average price of $167.38 and a two-hundred day moving average price of $153.38.

ICF International (NASDAQ:ICFI) last released its quarterly earnings results on Friday, November 1st. The business services provider reported $2.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.77 by $0.36. The firm had revenue of $517.00 million during the quarter, compared to the consensus estimate of $528.02 million. ICF International had a return on equity of 14.68% and a net margin of 5.38%. The business’s revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.81 EPS. Sell-side analysts predict that ICF International, Inc. will post 7.45 EPS for the current fiscal year.

ICF International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 6th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Friday, December 6th. This represents a $0.56 annualized dividend and a yield of 0.33%. ICF International’s payout ratio is currently 9.84%.

Institutional Investors Weigh In On ICF International

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC increased its stake in shares of ICF International by 13.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 502 shares of the business services provider’s stock worth $84,000 after purchasing an additional 58 shares during the last quarter. Chartwell Investment Partners LLC increased its holdings in shares of ICF International by 0.8% during the third quarter. Chartwell Investment Partners LLC now owns 8,255 shares of the business services provider’s stock worth $1,377,000 after purchasing an additional 67 shares during the period. Whittier Trust Co. acquired a new position in ICF International in the 1st quarter valued at $25,000. Rhumbline Advisers lifted its position in ICF International by 0.9% during the second quarter. Rhumbline Advisers now owns 27,487 shares of the business services provider’s stock worth $4,081,000 after purchasing an additional 247 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of ICF International during the 1st quarter worth approximately $167,000. 94.12% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on ICFI. Barrington Research reaffirmed an “outperform” rating and set a $174.00 price target on shares of ICF International in a research report on Friday, September 20th. Truist Financial raised their target price on shares of ICF International from $155.00 to $180.00 and gave the stock a “hold” rating in a report on Friday, November 1st. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $166.00.

ICF International Company Profile

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges.