Insider Sell: COO Morgan James C M Sells 2,400 Shares of ICF International Inc (ICFI)
ICF International Inc (NASDAQ:ICFI) COO Morgan James C M sold 2,400 shares of the company on February 27, 2024, according to a recent SEC filing. The transaction was executed at an average price of $155.17 per share, resulting in a total value of $372,408.ICF International Inc is a global consulting and technology services company that provides a range of services to government and commercial clients, including research and evaluation, management consulting, technology solutions, and digital transformation.Morgan James C Ms trades over the past year reflect a pattern of selling, with a total of 9,900 shares sold and no shares purchased.The insider transaction history for ICF International Inc shows a trend of more insider selling than buying over the past year. There have been zero insider buys and 17 insider sells during this period.
On the valuation front, ICF International Inc's shares were trading at $155.17 on the day of the insider's recent sale, giving the company a market cap of $2.879 billion. The price-earnings ratio stands at 41.75, which is above both the industry median of 17.85 and the company's historical median price-earnings ratio.The stock's price-to-GF-Value ratio is 1.26, indicating that ICF International Inc is modestly overvalued according to the GF Value, which is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
The recent insider sell by COO Morgan James C M may provide investors with insight into the company's valuation and insider sentiment. However, it is important for investors to consider a wide range of factors when evaluating the potential investment in ICF International Inc.
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.
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