Rep. Lisa C. McClain Purchases Shares of ICICI Bank Limited (NYSE:IBN)

Key Points

• Representative Lisa C. McClain recently purchased shares of ICICI Bank Limited (NYSE: IBN) valued between $1,001 and $15,000 on June 24th, according to a filing.
• As of the latest report, ICICI Bank's stock was up 0.8%, trading at $32.88, with a market capitalization of $117.35 billion.
• Analysts have downgraded ICICI Bank from a "hold" to a "sell" rating, reflecting a shift in market sentiment as of late July.

Representative Lisa C. McClain (R-Michigan) recently bought shares of ICICI Bank Limited NYSE: IBN. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in ICICI Bank stock on June 24th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

ICICI Bank Trading Up 0.4%

Shares of ICICI Bank stock traded up $0.1350 during trading on Thursday, hitting $33.3250. The stock had a trading volume of 3,968,291 shares, compared to its average volume of 3,724,887. The stock has a 50 day simple moving average of $33.30 and a 200 day simple moving average of $32.07. The company has a market capitalization of $118.95 billion, a PE ratio of 20.57, a P/E/G ratio of 2.09 and a beta of 0.61. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.62. ICICI Bank Limited has a 1 year low of $27.42 and a 1 year high of $34.56.

ICICI Bank (NYSE:IBN - Get Free Report) last announced its quarterly earnings data on Saturday, July 19th. The bank reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.03. ICICI Bank had a net margin of 24.81% and a return on equity of 15.40%. The firm had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $3.29 billion. On average, research analysts expect that ICICI Bank Limited will post 1.53 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded shares of ICICI Bank from a "hold" rating to a "sell" rating in a research report on Saturday, July 26th.

Institutional Trading of ICICI Bank

A number of institutional investors have recently added to or reduced their stakes in the business. GQG Partners LLC lifted its stake in ICICI Bank by 20.6% in the first quarter. GQG Partners LLC now owns 77,407,725 shares of the bank's stock valued at $2,439,891,000 after acquiring an additional 13,222,098 shares during the last quarter. WCM Investment Management LLC lifted its stake in ICICI Bank by 1.6% in the second quarter. WCM Investment Management LLC now owns 54,453,980 shares of the bank's stock valued at $1,844,356,000 after acquiring an additional 840,619 shares during the last quarter. New Vernon Capital Holdings II LLC lifted its stake in ICICI Bank by 3,336.5% in the first quarter. New Vernon Capital Holdings II LLC now owns 26,159,740 shares of the bank's stock valued at $829,941,000 after acquiring an additional 25,398,509 shares during the last quarter. Invesco Ltd. lifted its stake in ICICI Bank by 8.0% in the second quarter. Invesco Ltd. now owns 22,478,956 shares of the bank's stock valued at $756,192,000 after acquiring an additional 1,673,986 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in ICICI Bank by 11.4% in the second quarter. Robeco Institutional Asset Management B.V. now owns 17,370,769 shares of the bank's stock valued at $584,353,000 after acquiring an additional 1,781,907 shares during the last quarter. 18.18% of the stock is currently owned by institutional investors and hedge funds.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About ICICI Bank

ICICI Bank Limited provides various banking products and services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and time, fixed, recurring, and security deposits services.