CACI International, Inc. (CACI) CFO Sells $809,341.20 in Stock
CACI International, Inc. (NYSE:CACI) CFO Thomas A. Mutryn sold 6,165 shares of the business’s stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $131.28, for a total value of $809,341.20. Following the completion of the transaction, the chief financial officer now owns 37,555 shares of the company’s stock, valued at approximately $4,930,220.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of CACI International, Inc. (NYSE:CACI) traded down 0.88% during mid-day trading on Thursday, hitting $129.95. The company had a trading volume of 40,339 shares. The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of 19.90 and a beta of 1.58. The company has a 50-day moving average price of $127.48 and a 200-day moving average price of $123.90. CACI International, Inc. has a 1-year low of $96.05 and a 1-year high of $135.35.
CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, August 16th. The information technology services provider reported $1.76 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.68 by $0.08. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.09 billion. CACI International had a return on equity of 9.52% and a net margin of 3.76%. The company’s revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the business posted $1.75 EPS. On average, equities analysts anticipate that CACI International, Inc. will post $6.78 EPS for the current year.
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Several research firms have recently weighed in on CACI. Zacks Investment Research cut CACI International from a “buy” rating to a “hold” rating in a research note on Wednesday, August 16th. Noble Financial upgraded CACI International from a “hold” rating to a “buy” rating in a research note on Monday, May 15th. Cowen and Company upgraded CACI International from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $140.00 to $145.00 in a research note on Monday, June 12th. FBR & Co restated a “neutral” rating and issued a $123.00 price target on shares of CACI International in a research note on Sunday, August 20th. Finally, Maxim Group decreased their price target on CACI International from $161.00 to $159.00 and set a “buy” rating for the company in a research note on Thursday, August 31st. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $128.33.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Phocas Financial Corp. raised its stake in shares of CACI International by 39.2% during the 2nd quarter. Phocas Financial Corp. now owns 83,331 shares of the information technology services provider’s stock valued at $10,421,000 after buying an additional 23,456 shares during the last quarter. Piedmont Investment Advisors LLC purchased a new position in shares of CACI International during the 2nd quarter valued at about $661,000. State Street Corp raised its stake in shares of CACI International by 3.6% during the 2nd quarter. State Street Corp now owns 601,924 shares of the information technology services provider’s stock valued at $75,282,000 after buying an additional 21,125 shares during the last quarter. Prudential PLC raised its stake in shares of CACI International by 33.7% during the 2nd quarter. Prudential PLC now owns 213,500 shares of the information technology services provider’s stock valued at $26,698,000 after buying an additional 53,800 shares during the last quarter. Finally, Miles Capital Inc. purchased a new position in shares of CACI International during the 2nd quarter valued at about $211,000. Institutional investors and hedge funds own 89.20% of the company’s stock.
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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