J William Koegel, Jr. Sells 970 Shares of CACI International Inc (NYSE:CACI) 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 directly owns 22,651 shares of the company’s stock, valued at $10,946,548.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

CACI International Trading Down 2.1 %

NYSE CACI traded down $10.31 during mid-day trading on Tuesday, reaching $477.82. 62,769 shares of the stock were exchanged, compared to its average volume of 113,355. CACI International Inc has a 1-year low of $302.21 and a 1-year high of $489.18. The business’s fifty day simple moving average is $452.16 and its 200 day simple moving average is $415.51. The stock has a market capitalization of $10.66 billion, a PE ratio of 28.20, a PEG ratio of 2.09 and a beta of 0.92. 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 (NYSE:CACI) last announced its earnings results on Wednesday, August 7th. The information technology services provider reported $6.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.93 by $0.68. CACI International had a net margin of 5.48% and a return on equity of 14.31%. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same quarter last year, the business earned $5.30 earnings per share. CACI International’s revenue was up 19.7% compared to the same quarter last year. On average, research analysts anticipate that CACI International Inc will post 23.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CACI has been the subject of a number of research analyst reports. Truist Financial increased their target price on shares of CACI International from $450.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, June 27th. 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. increased their target price on shares of CACI International from $383.00 to $458.00 and gave the company an “overweight” rating in a report on Wednesday, July 10th. Barclays raised their price objective on shares of CACI International from $450.00 to $500.00 and gave the stock an “overweight” rating in a research note on Monday, August 12th. Finally, TD Cowen raised their price objective 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 analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $461.00.

Institutional Trading of CACI International

Hedge funds have recently bought and sold shares of the company. Eagle Bay Advisors LLC boosted its holdings in shares of 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 purchasing an additional 63 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of 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 purchasing an additional 90 shares during the last quarter. GPS Wealth Strategies Group LLC boosted 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 purchasing an additional 105 shares during the last quarter. HTLF Bank acquired a new position in shares of CACI International in the 1st quarter valued at $229,000. Finally, Covestor Ltd boosted its holdings in shares of CACI International by 8.9% in the 1st quarter. Covestor Ltd now owns 624 shares of the information technology services provider’s stock valued at $237,000 after purchasing an additional 51 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

CACI International Company Profile

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.