CACI International Inc (CACI) Director Sells $11,220.30 in Stock
CACI International Inc (NYSE:CACI) Director William S. Wallace sold 91 shares of the firm’s stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $123.30, for a total value of $11,220.30. Following the transaction, the director now owns 9,075 shares of the company’s stock, valued at approximately $1,118,947.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
CACI International Inc (NYSE:CACI) traded down 1.35% during midday trading on Thursday, hitting $120.50. The stock had a trading volume of 197,660 shares. The company has a 50-day moving average of $118.80 and a 200-day moving average of $122.43. The stock has a market cap of $2.95 billion, a price-to-earnings ratio of 18.49 and a beta of 1.96. CACI International Inc has a 1-year low of $87.31 and a 1-year high of $135.35.
CACI International (NYSE:CACI) last announced its quarterly earnings results on Wednesday, May 3rd. The information technology services provider reported $1.61 EPS for the quarter, beating the Zacks’ consensus estimate of $1.47 by $0.14. CACI International had a return on equity of 11.13% and a net margin of 3.71%. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same period in the prior year, the company earned $1.38 EPS. CACI International’s revenue was up 11.2% compared to the same quarter last year. Equities research analysts forecast that CACI International Inc will post $6.46 EPS for the current year.
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Hedge funds and other institutional investors have recently made changes to their positions in the stock. Glen Harbor Capital Management LLC boosted its position in shares of CACI International by 12.5% in the first quarter. Glen Harbor Capital Management LLC now owns 990 shares of the information technology services provider’s stock worth $116,000 after buying an additional 110 shares during the last quarter. Elkfork Partners LLC purchased a new position in shares of CACI International during the fourth quarter worth approximately $139,000. Meadow Creek Investment Management LLC boosted its position in shares of CACI International by 12.5% in the first quarter. Meadow Creek Investment Management LLC now owns 1,530 shares of the information technology services provider’s stock worth $180,000 after buying an additional 170 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of CACI International by 5.9% in the first quarter. SG Americas Securities LLC now owns 1,658 shares of the information technology services provider’s stock worth $194,000 after buying an additional 93 shares during the last quarter. Finally, Miles Capital Inc. purchased a new position in shares of CACI International during the fourth quarter worth approximately $210,000. Institutional investors own 90.13% of the company’s stock.
CACI has been the subject of a number of recent analyst reports. Zacks Investment Research cut CACI International from a “hold” rating to a “sell” rating in a report on Friday, January 27th. Maxim Group raised their price target on CACI International from $150.00 to $153.00 and gave the company a “buy” rating in a report on Thursday, February 2nd. Jefferies Group LLC reaffirmed a “hold” rating and set a $123.00 price target on shares of CACI International in a report on Monday, February 6th. Seaport Global Securities initiated coverage on CACI International in a report on Thursday, February 16th. They set a “buy” rating and a $140.00 price target for the company. Finally, SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $20.00 price target (up from $18.00) on shares of CACI International in a report on Thursday, February 16th. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $115.10.
CACI International Company Profile
CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.
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