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

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

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

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

ICF International Stock Up 1.7 %

NASDAQ ICFI opened at $171.64 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.19 and a current ratio of 1.21. The firm has a 50-day simple moving average of $167.59 and a 200 day simple moving average of $153.79. ICF International, Inc. has a twelve month low of $128.28 and a twelve month high of $179.67. The stock has a market cap of $3.22 billion, a PE ratio of 30.17 and a beta of 0.61.

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

ICF International Dividend Announcement

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

Wall Street Analysts Forecast Growth

ICFI has been the subject of a number of recent analyst reports. Truist Financial upped their price target on shares of ICF International from $155.00 to $180.00 and gave the company a “hold” rating in a report on Friday, November 1st. Barrington Research reiterated an “outperform” rating and issued a $174.00 target price on shares of ICF International in a research note on Friday, September 20th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $166.00.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ICFI. BNP Paribas Financial Markets raised its position in ICF International by 9.4% in the first quarter. BNP Paribas Financial Markets now owns 16,536 shares of the business services provider’s stock worth $2,491,000 after purchasing an additional 1,419 shares in the last quarter. Whittier Trust Co. acquired a new position in ICF International in the first quarter worth about $25,000. SG Americas Securities LLC acquired a new position in ICF International in the first quarter worth about $167,000. TimesSquare Capital Management LLC raised its position in ICF International by 5.5% in the first quarter. TimesSquare Capital Management LLC now owns 126,835 shares of the business services provider’s stock worth $19,105,000 after purchasing an additional 6,570 shares in the last quarter. Finally, Clearbridge Investments LLC increased its holdings in shares of ICF International by 2.5% during the first quarter. Clearbridge Investments LLC now owns 127,381 shares of the business services provider’s stock worth $19,187,000 after buying an additional 3,070 shares in the last quarter. Institutional investors and hedge funds own 94.12% of the company’s stock.

About ICF International

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.