Insider Selling: CACI International Inc (NYSE:CACI) Insider Sells $4,924,100.00 in Stock

CACI International Inc (NYSE:CACI) insider Gregory R. Bradford sold 10,000 shares of CACI International stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the completion of the transaction, the insider now owns 35,538 shares of the company’s stock, valued at approximately $17,499,266.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

CACI International Stock Up 0.3 %

Shares of NYSE:CACI opened at $491.18 on Friday. The firm has a market capitalization of $10.95 billion, a PE ratio of 28.38, a price-to-earnings-growth ratio of 2.01 and a beta of 0.93. 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 Inc has a 52-week low of $302.21 and a 52-week high of $498.00. The firm has a fifty day moving average of $464.62 and a 200 day moving average of $424.69.

CACI International (NYSE:CACI) last posted its quarterly earnings data 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. The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.93 billion. CACI International had a return on equity of 14.31% and a net margin of 5.48%. The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the prior year, the business earned $5.30 EPS. As a group, research analysts anticipate that CACI International Inc will post 23.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Truist Financial lifted their price objective on shares of CACI International from $500.00 to $520.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. Bank of America boosted their price objective on CACI International from $535.00 to $555.00 and gave the company a “buy” rating in a research note on Tuesday. JPMorgan Chase & Co. raised their target price on CACI International from $383.00 to $458.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 10th. Raymond James downgraded shares of CACI International from an “outperform” rating to a “market perform” rating in a report on Monday, August 5th. Finally, Barclays boosted their price objective on shares of CACI International from $450.00 to $500.00 and gave the company an “overweight” rating in a research note on Monday, August 12th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $465.00.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Versant Capital Management Inc boosted its stake 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 in the last quarter. GPS Wealth Strategies Group LLC lifted its stake in CACI International by 35.1% in the second quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock worth $174,000 after purchasing an additional 105 shares during the last quarter. HTLF Bank bought a new position in shares of CACI International during the first quarter valued at about $229,000. Covestor Ltd increased its holdings in shares of CACI International by 8.9% in the first quarter. Covestor Ltd now owns 624 shares of the information technology services provider’s stock worth $237,000 after buying an additional 51 shares during the period. Finally, LRI Investments LLC bought a new stake in shares of CACI International in the 1st quarter valued at about $293,000. 86.43% of the stock is owned by hedge funds and other institutional investors.

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.