Insider Selling: Sudhakar Kesavan Unloads 16,668 Shares of ICF International Stock (ICFI)
ICF International (NASDAQ:ICFI) CEO Sudhakar Kesavan unloaded 16,668 shares of ICF International stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $34.00, for a total value of $566,712.00. Following the transaction, the chief executive officer now directly owns 117,700 shares in the company. The sale was disclosed in a filing with the SEC, which is available at this link.
Separately, analysts at Stifel Nicolaus raised their price target on shares of ICF International (NASDAQ:ICFI) from $35.00 to $41.00 in a research note to investors on Friday, August 2nd. They now have a “buy” rating on the stock.
One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $41.00.
Shares of ICF International (NASDAQ:ICFI) traded up 0.65% during mid-day trading on Wednesday, hitting $34.32. The stock had a trading volume of 30,561 shares. ICF International has a 1-year low of $17.28 and a 1-year high of $35.00. The stock has a 50-day moving average of $33.6 and a 200-day moving average of $29.80. The company has a market cap of $678.4 million and a price-to-earnings ratio of 17.31.
ICF International (NASDAQ:ICFI) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.52 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.52. The company had revenue of $242.00 million for the quarter, compared to the consensus estimate of $237.23 million. During the same quarter in the prior year, the company posted $0.52 earnings per share. The company’s quarterly revenue was up 1.0% on a year-over-year basis. Analysts expect that ICF International will post $2.08 EPS for the current fiscal year.
ICF International, Inc (NASDAQ:ICFI) is a holding company.
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