CACI International (NYSE:CACI) Stock: Insider Debora Plunkett Sells 235 Shares

CACI International, Inc. (NYSE:CACI) Director Debora Plunkett sold 235 shares of the stock in a transaction dated Wednesday, November 11th. The stock was sold at an average price of $646.31, for a total transaction of $151,882.85. Following the sale, the director owned 2,447 shares of the company’s stock, valued at approximately $1,581,520.57. This represents a 8.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

CACI International Trading Down 0.3%

Shares of NYSE CACI traded down $1.99 during trading hours on Friday, hitting $641.89. The company’s stock had a trading volume of 140,992 shares, compared to its average volume of 254,333. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.61 and a current ratio of 1.61. The stock has a market cap of $14.26 billion, a price-to-earnings ratio of 26.35 and a beta of 0.55. CACI International, Inc. has a 12 month low of $434.70 and a 12 month high of $694.01. The business has a 50-day simple moving average of $627.78 and a 200-day simple moving average of $570.10.

CACI International (NYSE:CACI) last announced its quarterly earnings results on Wednesday, October 21st. The information technology services provider reported $7.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.57 by $1.09. The company had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.51 billion. CACI International had a return on equity of 15.56% and a net margin of 5.55%. CACI International’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.85 EPS. On average, analysts anticipate that CACI International, Inc. will post 33.70 earnings per share for the current fiscal year.

Institutional Investors Weigh In On CACI International

Several hedge funds have recently made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd purchased a new stake in CACI International in the third quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in CACI International in the second quarter worth $32,000. First Bancorp Inc ME purchased a new position in CACI International during the second quarter valued at $32,000. Root Financial Partners LLC purchased a new position in CACI International during the third quarter valued at $41,000. Finally, SBI Securities Co. Ltd. lifted its position in CACI International by 53.4% during the third quarter. SBI Securities Co. Ltd. now owns 89 shares of the information technology services provider’s stock valued at $54,000 after buying an additional 31 shares during the period. 86.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CACI shares. Jefferies Financial Group raised CACI International from a “hold” rating to a “buy” rating and set a $725.00 target price on the stock in a research note on Sunday, October 25th. UBS Group reaffirmed a “buy” rating and issued a $823.00 price target (down from $826.00) on shares of CACI International in a research note on Friday, October 23rd. Weiss Ratings cut shares of CACI International from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, October 28th. Wall Street Zen downgraded shares of CACI International from a “buy” rating to a “hold” rating in a research report on Sunday, November 1st. Finally, Cantor Fitzgerald boosted their price objective on shares of CACI International from $675.00 to $785.00 and gave the company an “overweight” rating in a research report on Wednesday, October 21st. Eight equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $727.70.

CACI International Company Profile

CACI International is a U.S. government services and technology company that supports national security, defense and civilian missions. Its work includes intelligence analysis, cybersecurity, electronic warfare, communications and command-and-control systems, and the modernization of government information technology. The company provides technology, engineering and mission-support services to U.S. defense, intelligence and civilian agencies, as well as allied customers. Its work spans areas such as digital transformation, data analytics, software development, and the design and integration of complex systems.