On October 16, 2024, Morgan James C M, Chief Operating Officer of ICF International Inc (ICFI, Financial), sold 2,500 shares of the company at a price of $175.07 per share. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 37,663 shares of ICF International Inc.
ICF International Inc provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. The company's services primarily address four key markets: energy, environment, and infrastructure; health, education, and social programs; safety and security; and consumer and financial.
Over the past year, Morgan James C M has sold a total of 9,900 shares of ICF International Inc and has not purchased any shares. This recent sale is part of a broader trend seen within the company, where there have been 13 insider sells and no insider buys over the past year.
The shares of ICF International Inc were trading at $175.07 on the day of the sale, giving the company a market cap of approximately $3.28 billion. The price-earnings ratio of the company stands at 33.60, which is higher than both the industry median of 18.69 and the company's historical median.
According to the GF Value, the intrinsic value of ICF International Inc is estimated at $131.65 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.33.
This valuation assessment suggests that the stock's current price is higher than its estimated fair value, reflecting a premium compared to the GF Value. Investors might consider this information along with the ongoing insider sell trend for making informed decisions.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
