CACI International Inc (NYSE:CACI) EVP Sells $468,771.90 in Stock

CACI International Inc (NYSE:CACI) EVP J William Koegel, Jr. sold 970 shares of the stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $483.27, for a total transaction of $468,771.90. Following the completion of the transaction, the executive vice president now owns 22,651 shares of the company’s stock, valued at approximately $10,946,548.77. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

CACI International Trading Up 0.1 %

CACI International stock opened at $479.00 on Friday. The stock has a 50-day moving average price of $454.71 and a 200 day moving average price of $417.16. CACI International Inc has a 52 week low of $302.21 and a 52 week high of $489.18. The stock has a market cap of $10.68 billion, a PE ratio of 27.67, a P/E/G ratio of 2.09 and a beta of 0.93. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.42.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, August 7th. The information technology services provider reported $6.61 EPS for the quarter, topping analysts’ consensus estimates of $5.93 by $0.68. The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.93 billion. CACI International had a net margin of 5.48% and a return on equity of 14.31%. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.30 earnings per share. Equities research analysts predict that CACI International Inc will post 23.05 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Versant Capital Management Inc grew its position in shares of CACI International by 900.0% in the second quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock valued at $43,000 after purchasing an additional 90 shares during the period. Eagle Bay Advisors LLC grew its holdings in CACI International by 91.3% in the 4th quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock valued at $43,000 after buying an additional 63 shares during the period. GPS Wealth Strategies Group LLC increased its stake in shares of CACI International by 35.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock valued at $174,000 after acquiring an additional 105 shares during the last quarter. HTLF Bank purchased a new position in shares of CACI International during the 1st quarter worth about $229,000. Finally, Covestor Ltd boosted its position in shares of CACI International by 8.9% in the first quarter. Covestor Ltd now owns 624 shares of the information technology services provider’s stock worth $237,000 after acquiring an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 86.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Raymond James cut shares of CACI International from an “outperform” rating to a “market perform” rating in a report on Monday, August 5th. JPMorgan Chase & Co. lifted their price objective on CACI International from $383.00 to $458.00 and gave the stock an “overweight” rating in a report on Wednesday, July 10th. TD Cowen boosted their target price on CACI International from $435.00 to $480.00 and gave the stock a “buy” rating in a research report on Friday, July 12th. Bank of America raised their price target on CACI International from $450.00 to $535.00 and gave the company a “buy” rating in a research report on Tuesday, August 27th. Finally, Barclays boosted their price objective on shares of CACI International from $450.00 to $500.00 and gave the stock an “overweight” rating in a research report on Monday, August 12th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $463.00.

About CACI International

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.