Delphi Management Inc. MA lowered its stake in ICF International, Inc. (NASDAQ:ICFI) by 3.2% during the third quarter, Holdings Channel reports. The firm owned 48,144 shares of the company’s stock after selling 1,612 shares during the period. Delphi Management Inc. MA’s holdings in ICF International were worth $2,134,000 at the end of the most recent quarter.
Several other hedge funds also recently made changes to their positions in the company. Emerald Mutual Fund Advisers Trust increased its stake in shares of ICF International by 2.0% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 6,242 shares of the company’s stock valued at $277,000 after buying an additional 123 shares during the period. Citadel Advisors LLC purchased a new position in shares of ICF International during the third quarter worth about $341,000. Aperio Group LLC boosted its position in shares of ICF International by 24.3% in the third quarter. Aperio Group LLC now owns 11,177 shares of the company’s stock worth $495,000 after buying an additional 2,182 shares in the last quarter. Dalton Greiner Hartman Maher & Co. boosted its position in shares of ICF International by 1.8% in the third quarter. Dalton Greiner Hartman Maher & Co. now owns 40,315 shares of the company’s stock worth $1,787,000 after buying an additional 717 shares in the last quarter. Finally, Ameriprise Financial Inc. purchased a new position in shares of ICF International during the second quarter worth about $2,867,000. 91.80% of the stock is owned by institutional investors.
ICF International, Inc. (NASDAQ:ICFI) opened at 50.40 on Monday. The firm’s 50-day moving average price is $53.21 and its 200 day moving average price is $48.28. The company has a market capitalization of $955.43 million, a PE ratio of 21.90 and a beta of 0.92. ICF International, Inc. has a 52 week low of $31.27 and a 52 week high of $59.55.
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A number of equities analysts recently issued reports on the company. William Blair cut ICF International from an “outperform” rating to a “market perform” rating in a report on Wednesday, December 14th. Zacks Investment Research cut ICF International from a “buy” rating to a “hold” rating in a report on Tuesday, January 10th. Finally, Loop Capital assumed coverage on ICF International in a report on Tuesday, January 10th. They issued a “buy” rating and a $65.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $55.25.
In related news, CEO Sudhakar Kesavan sold 23,047 shares of the firm’s stock in a transaction that occurred on Thursday, January 5th. The stock was sold at an average price of $53.99, for a total transaction of $1,244,307.53. Following the completion of the sale, the chief executive officer now directly owns 162,207 shares of the company’s stock, valued at approximately $8,757,555.93. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO James C. M. Morgan sold 5,104 shares of the firm’s stock in a transaction that occurred on Monday, November 28th. The stock was sold at an average price of $55.00, for a total value of $280,720.00. Following the sale, the chief financial officer now directly owns 10,980 shares of the company’s stock, valued at $603,900. The disclosure for this sale can be found here. Insiders have sold a total of 57,525 shares of company stock valued at $3,141,948 over the last three months. 6.00% of the stock is owned by corporate insiders.
ICF International Company Profile
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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