CACI International, Inc. (NYSE:CACI) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Thursday.

A number of other equities analysts have also commented on the stock. ValuEngine raised shares of CACI International from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Maxim Group lowered their price target on shares of CACI International from $161.00 to $159.00 and set a “buy” rating on the stock in a research report on Thursday, August 31st. FBR & Co reaffirmed a “neutral” rating and set a $123.00 price target on shares of CACI International in a research report on Sunday, August 20th. Noble Financial reaffirmed a “buy” rating on shares of CACI International in a research report on Friday, August 18th. Finally, Zacks Investment Research lowered shares of CACI International from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $128.33.

Shares of CACI International (CACI) traded up 0.66% during mid-day trading on Thursday, hitting $129.85. 304,155 shares of the stock traded hands. The company’s 50 day moving average is $127.98 and its 200 day moving average is $124.07. The firm has a market capitalization of $3.18 billion, a P/E ratio of 19.89 and a beta of 1.58. CACI International has a one year low of $96.05 and a one year high of $135.35.

CACI International (NYSE:CACI) last released its quarterly earnings results on Wednesday, August 16th. The information technology services provider reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. CACI International had a net margin of 3.76% and a return on equity of 9.52%. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the firm earned $1.75 earnings per share. CACI International’s revenue for the quarter was up 2.1% compared to the same quarter last year. On average, equities analysts expect that CACI International will post $6.78 EPS for the current fiscal year.

WARNING: This piece of content was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and international copyright laws. The original version of this piece of content can be read at https://www.americanbankingnews.com/2017/09/16/caci-international-inc-caci-downgraded-by-bidaskclub-to-sell.html.

In other news, Director Gregory G. Johnson sold 400 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $125.25, for a total value of $50,100.00. Following the sale, the director now directly owns 4,817 shares in the company, valued at approximately $603,329.25. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Thomas A. Mutryn sold 6,165 shares of the firm’s stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $131.28, for a total transaction of $809,341.20. Following the completion of the sale, the chief financial officer now owns 37,555 shares in the company, valued at $4,930,220.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 7,056 shares of company stock worth $921,136. Insiders own 1.15% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the company. Glen Harbor Capital Management LLC boosted its stake in shares of CACI International by 12.5% in the 1st quarter. Glen Harbor Capital Management LLC now owns 990 shares of the information technology services provider’s stock valued at $116,000 after purchasing an additional 110 shares in the last quarter. Elkfork Partners LLC boosted its stake in shares of CACI International by 12.5% in the 1st quarter. Elkfork Partners LLC now owns 1,260 shares of the information technology services provider’s stock valued at $148,000 after purchasing an additional 140 shares in the last quarter. Riverhead Capital Management LLC boosted its stake in shares of CACI International by 66.5% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,332 shares of the information technology services provider’s stock valued at $167,000 after purchasing an additional 532 shares in the last quarter. Meadow Creek Investment Management LLC boosted its stake in shares of CACI International by 12.5% in the 1st quarter. Meadow Creek Investment Management LLC now owns 1,530 shares of the information technology services provider’s stock valued at $180,000 after purchasing an additional 170 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in shares of CACI International by 5.9% in the 1st quarter. SG Americas Securities LLC now owns 1,658 shares of the information technology services provider’s stock valued at $194,000 after purchasing an additional 93 shares in the last quarter. Institutional investors 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.

Analyst Recommendations for CACI International (NYSE:CACI)

Receive News & Ratings for CACI International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CACI International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.