Valley Wealth Managers Inc. Sells 682 Shares of CACI International Inc (NYSE:CACI)

Valley Wealth Managers Inc. trimmed its position in CACI International Inc (NYSE:CACI) by 1.5% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 44,821 shares of the information technology services provider’s stock after selling 682 shares during the period. CACI International comprises approximately 1.7% of Valley Wealth Managers Inc.’s holdings, making the stock its 16th largest holding. Valley Wealth Managers Inc. owned about 0.20% of CACI International worth $22,615,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of CACI. UMB Bank n.a. raised its stake in 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 worth $39,000 after buying an additional 35 shares during the period. Versant Capital Management Inc increased 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 acquiring an additional 90 shares during the last quarter. Rosenberg Matthew Hamilton increased its position in shares of CACI International by 9.8% in the third quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock valued at $107,000 after acquiring an additional 19 shares during the last quarter. GPS Wealth Strategies Group LLC grew its holdings in 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 worth $174,000 after purchasing an additional 105 shares during the period. Finally, Argent Capital Management LLC bought a new position in CACI International during the third quarter worth about $208,000. 86.43% of the stock is currently owned by institutional investors.

Insider Activity

In related news, EVP J William Koegel, Jr. sold 970 shares of the stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $483.27, for a total transaction of $468,771.90. Following the transaction, the executive vice president now owns 22,651 shares of the company’s stock, valued at approximately $10,946,548.77. This trade represents a 4.11 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Gregory R. Bradford sold 10,000 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of $492.41, for a total transaction 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 represents a 21.96 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,270 shares of company stock worth $10,165,972 in the last three months. Corporate insiders own 1.35% of the company’s stock.

CACI International Stock Down 0.0 %

Shares of CACI traded down $0.23 on Friday, reaching $491.09. The company’s stock had a trading volume of 5,475 shares, compared to its average volume of 116,785. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $11.01 billion, a PE ratio of 24.33, a PEG ratio of 2.11 and a beta of 0.91. CACI International Inc has a twelve month low of $314.06 and a twelve month high of $588.26. The firm has a fifty day moving average of $518.72 and a 200-day moving average of $467.68.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.08 by $0.85. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The company had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter last year, the business posted $4.36 EPS. CACI International’s quarterly revenue was up 11.2% compared to the same quarter last year. Equities analysts predict that CACI International Inc will post 23.42 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CACI. Truist Financial reiterated a “buy” rating and set a $650.00 price target (up previously from $520.00) on shares of CACI International in a report on Friday, October 25th. JPMorgan Chase & Co. boosted their price objective on CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a report on Wednesday, October 2nd. The Goldman Sachs Group boosted their price objective on CACI International from $471.00 to $520.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Robert W. Baird boosted their price objective on CACI International from $533.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Finally, Barclays boosted their price objective on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a report on Tuesday. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, CACI International currently has an average rating of “Moderate Buy” and a consensus price target of $547.20.

CACI International 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.