413 Shares in CACI International Inc (NYSE:CACI) Bought by Argent Capital Management LLC

Argent Capital Management LLC bought a new stake in CACI International Inc (NYSE:CACI) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 413 shares of the information technology services provider’s stock, valued at approximately $208,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. UMB Bank n.a. grew its holdings in shares of CACI International by 81.4% during the 3rd quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after purchasing an additional 35 shares during the last quarter. Versant Capital Management Inc increased its position in CACI International by 900.0% in the 2nd quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock valued at $43,000 after acquiring an additional 90 shares during the period. GPS Wealth Strategies Group LLC raised its stake in shares of CACI International by 35.1% during the second 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. Covestor Ltd lifted its holdings in shares of CACI International by 8.9% during the first quarter. Covestor Ltd now owns 624 shares of the information technology services provider’s stock worth $237,000 after purchasing an additional 51 shares during the period. Finally, LRI Investments LLC bought a new stake in shares of CACI International in the first quarter worth $293,000. Institutional investors own 86.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Truist Financial increased their price target on CACI International from $500.00 to $520.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. JPMorgan Chase & Co. upped their price objective on shares of CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research note on Wednesday, October 2nd. Bank of America upped their target price on CACI International from $535.00 to $555.00 and gave the company a “buy” rating in a research report on Tuesday, September 17th. TD Cowen increased their target price on shares of CACI International from $435.00 to $480.00 and gave the stock a “buy” rating in a research note on Friday, July 12th. Finally, Raymond James lowered CACI International from an “outperform” rating to a “market perform” rating in a research report on Monday, August 5th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, CACI International has an average rating of “Moderate Buy” and an average price target of $485.60.

CACI International Trading Up 5.1 %

NYSE:CACI traded up $26.51 during trading hours on Thursday, reaching $550.61. The company’s stock had a trading volume of 135,713 shares, compared to its average volume of 111,068. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.27 and a current ratio of 1.27. CACI International Inc has a 1 year low of $302.21 and a 1 year high of $570.28. The firm has a market capitalization of $12.28 billion, a price-to-earnings ratio of 32.29, a PEG ratio of 2.22 and a beta of 0.93. The firm has a 50-day simple moving average of $493.39 and a 200-day simple moving average of $448.32.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, topping the consensus estimate of $5.07 by $0.86. CACI International had a net margin of 5.48% and a return on equity of 14.31%. The business had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same period in the prior year, the business earned $4.36 EPS. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. Research analysts expect that CACI International Inc will post 23 EPS for the current fiscal year.

Insider Transactions at CACI International

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of CACI International stock in a transaction on Monday, September 16th. The stock was sold at an average price of $492.41, for a total value of $4,924,100.00. Following the completion of the sale, the insider now owns 35,538 shares of the company’s stock, valued at approximately $17,499,266.58. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $492.41, for a total value of $4,924,100.00. Following the transaction, the insider now directly owns 35,538 shares in the company, valued at approximately $17,499,266.58. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gregory G. Johnson sold 300 shares of the company’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total value of $141,300.00. Following the completion of the transaction, the director now directly owns 5,910 shares of the company’s stock, valued at approximately $2,783,610. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,270 shares of company stock valued at $10,165,972 in the last quarter. 1.23% of the stock is owned by insiders.

CACI International Company Profile

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.