CACI International (NYSE:CACI) Director Sells 235 Shares of Stock

CACI International, Inc. (NYSE:CACI) Director Debora Plunkett sold 235 shares of CACI International stock in a transaction on Wednesday, November 11th. The stock was sold at an average price of $646.31, for a total transaction of $151,882.85. Following the completion of the transaction, the director directly owned 2,447 shares in the company, valued at approximately $1,581,520.57. The trade was a 8.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

CACI International Trading Down 0.3%

NYSE:CACI traded down $1.99 during midday trading on Thursday, reaching $643.89. 129,858 shares of the stock traded hands, compared to its average volume of 283,959. The stock has a market capitalization of $14.30 billion, a P/E ratio of 26.43 and a beta of 0.55. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.61 and a current ratio of 1.61. The company has a fifty day moving average of $626.94 and a 200 day moving average of $570.11. CACI International, Inc. has a 12 month low of $434.70 and a 12 month high of $694.01.

CACI International (NYSE:CACI) last announced its quarterly earnings results on Wednesday, October 21st. The information technology services provider reported $7.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.57 by $1.09. CACI International had a net margin of 5.55% and a return on equity of 15.56%. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same quarter last year, the firm earned $6.85 EPS. The company’s revenue was up 8.2% on a year-over-year basis. On average, research analysts predict that CACI International, Inc. will post 33.70 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in CACI. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of CACI International during the first quarter valued at approximately $5,384,000. Argent Capital Management LLC bought a new position in CACI International in the first quarter worth $5,158,000. Sterling Capital Management LLC raised its holdings in CACI International by 29.9% in the third quarter. Sterling Capital Management LLC now owns 33,129 shares of the information technology services provider’s stock worth $20,179,000 after purchasing an additional 7,626 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in CACI International during the second quarter valued at $2,887,000. Finally, Westport Asset Management Inc. purchased a new position in CACI International during the second quarter valued at $2,316,000. Hedge funds and other institutional investors own 86.43% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on CACI shares. JPMorgan Chase & Co. raised their target price on CACI International from $715.00 to $725.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 27th. Citigroup upped their price target on CACI International from $648.00 to $689.00 and gave the company a “neutral” rating in a research report on Wednesday, October 7th. Stifel Nicolaus increased their price objective on CACI International from $892.00 to $925.00 and gave the stock a “buy” rating in a report on Friday, October 23rd. BNP Paribas Exane lowered CACI International from a “neutral” rating to an “underperform” rating and cut their price objective for the stock from $675.00 to $540.00 in a research report on Tuesday, October 6th. Finally, Jefferies Financial Group raised CACI International from a “hold” rating to a “buy” rating and set a $725.00 target price on the stock in a research note on Sunday, October 25th. Nine equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $727.70.

CACI International Company Profile

CACI International is a U.S. government services and technology company that supports national security, defense and civilian missions. Its work includes intelligence analysis, cybersecurity, electronic warfare, communications and command-and-control systems, and the modernization of government information technology. The company provides technology, engineering and mission-support services to U.S. defense, intelligence and civilian agencies, as well as allied customers. Its work spans areas such as digital transformation, data analytics, software development, and the design and integration of complex systems.