Unexpected (maybe?) result hided behind bad use of "float"

DoNotFloat

void Main()
{
	string item = "134217963";
	ValueFlags vf = new ValueFlags();
	
	float _value;
	if (float.TryParse(item, out _value))
	{
		vf.Value = _value.ToString();
	}
						
	Console.WriteLine("{0}", item);
	Console.WriteLine("{0}", vf.Value);
	Console.WriteLine("{0}", double.Parse(vf.Value));
}

public class ValueFlags 
{
   public string Value { get; set; }
}