ICF International Inc. (NASDAQ:ICFI) insider John Wasson sold 9,412 shares of ICF International stock in a transaction that occurred on Thursday, September 22nd. The stock was sold at an average price of $45.00, for a total transaction of $423,540.00. Following the completion of the sale, the insider now directly owns 55,739 shares of the company’s stock, valued at approximately $2,508,255. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
ICF International Inc. (NASDAQ:ICFI) opened at 44.99 on Friday. The stock has a market cap of $853.55 million, a PE ratio of 20.43 and a beta of 1.27. ICF International Inc. has a 52 week low of $29.19 and a 52 week high of $45.44. The stock’s 50 day moving average is $42.11 and its 200 day moving average is $39.58.
ICF International (NASDAQ:ICFI) last posted its earnings results on Tuesday, August 2nd. The company reported $0.69 EPS for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.01. ICF International had a net margin of 3.67% and a return on equity of 10.23%. The company earned $305.40 million during the quarter, compared to analysts’ expectations of $294.06 million. During the same quarter in the prior year, the company posted $0.63 earnings per share. ICF International’s revenue for the quarter was up 5.7% compared to the same quarter last year. Analysts predict that ICF International Inc. will post $2.88 EPS for the current year.
A number of large investors have recently bought and sold shares of ICFI. Columbia Wanger Asset Management LLC purchased a new stake in ICF International during the second quarter worth approximately $21,211,000. Lord Abbett & CO. LLC boosted its stake in ICF International by 279.3% in the second quarter. Lord Abbett & CO. LLC now owns 353,752 shares of the company’s stock worth $14,468,000 after buying an additional 260,484 shares during the last quarter. Emerald Acquisition Ltd. purchased a new stake in ICF International during the second quarter worth approximately $7,177,000. NWQ Investment Management Company LLC boosted its stake in ICF International by 22.3% in the first quarter. NWQ Investment Management Company LLC now owns 529,970 shares of the company’s stock worth $18,215,000 after buying an additional 96,570 shares during the last quarter. Finally, Nicholas Co. Inc. WI purchased a new stake in ICF International during the second quarter worth approximately $3,537,000. 92.69% of the stock is owned by institutional investors.
A number of equities research analysts have commented on the stock. Zacks Investment Research raised shares of ICF International from a “hold” rating to a “buy” rating and set a $49.00 target price for the company in a research report on Tuesday. Stifel Nicolaus lifted their price target on shares of ICF International from $49.00 to $51.00 and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. ICF International currently has a consensus rating of “Buy” and an average target price of $50.00.
About ICF International
ICF International, Inc, formerly ICF Consulting Group Holdings, LLC, provides professional services and technology-based solutions to government and commercial clients, including management, technology and policy consulting and implementation services. It operates through professional services for government and commercial clients segment.
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