Insider Selling: CACI International Inc (NYSE:CACI) Director Sells 300 Shares of Stock

CACI International Inc (NYSE:CACI) Director Gregory G. Johnson sold 300 shares of the stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total transaction of $141,300.00. Following the sale, the director now directly owns 5,910 shares in the company, valued at approximately $2,783,610. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

CACI International Stock Down 0.7 %

CACI stock traded down $3.53 during trading on Monday, hitting $471.47. 50,481 shares of the company’s stock were exchanged, compared to its average volume of 114,858. The business has a 50-day moving average price of $446.37 and a two-hundred day moving average price of $410.41. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $10.51 billion, a price-to-earnings ratio of 27.21, a PEG ratio of 1.95 and a beta of 0.92. CACI International Inc has a 52-week low of $302.21 and a 52-week high of $482.16.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, August 7th. The information technology services provider reported $6.61 earnings per share for the quarter, topping analysts’ consensus estimates of $5.93 by $0.68. CACI International had a net margin of 5.37% and a return on equity of 13.80%. The company had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.93 billion. During the same quarter last year, the company earned $5.30 earnings per share. The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. As a group, equities research analysts expect that CACI International Inc will post 20.34 EPS for the current year.

Institutional Investors Weigh In On CACI International

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Eagle Bay Advisors LLC increased its position in CACI International by 91.3% during the fourth quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock worth $43,000 after buying an additional 63 shares during the period. Versant Capital Management Inc grew its position in shares of CACI International by 900.0% during the second quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock worth $43,000 after acquiring an additional 90 shares during the last quarter. GPS Wealth Strategies Group LLC increased its holdings in shares of CACI International by 35.1% in 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 period. HTLF Bank purchased a new stake in CACI International in the 1st quarter valued at $229,000. Finally, Confluence Wealth Services Inc. acquired a new stake in CACI International during the 1st quarter worth $237,000. 86.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on CACI shares. Truist Financial increased their target price on shares of CACI International from $450.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, June 27th. Wells Fargo & Company lifted their target price on CACI International from $410.00 to $468.00 and gave the company an “overweight” rating in a report on Tuesday, April 30th. JPMorgan Chase & Co. upped their price target on CACI International from $383.00 to $458.00 and gave the stock an “overweight” rating in a report on Wednesday, July 10th. Barclays lifted their price objective on CACI International from $450.00 to $500.00 and gave the company an “overweight” rating in a research note on Monday, August 12th. Finally, TD Cowen upped 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. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, CACI International has an average rating of “Moderate Buy” and an average price target of $452.78.

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.