John G Ullman & Associates Inc. lessened its holdings in shares of CACI International, Inc. (NYSE:CACI – Free Report) by 0.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,232 shares of the information technology services provider’s stock after selling 83 shares during the quarter. CACI International makes up about 1.4% of John G Ullman & Associates Inc.’s portfolio, making the stock its 15th biggest holding. John G Ullman & Associates Inc.’s holdings in CACI International were worth $9,645,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in CACI. V Square Quantitative Management LLC acquired a new stake in CACI International during the 2nd quarter worth $25,000. Wayfinding Financial LLC acquired a new stake in CACI International during the 1st quarter worth $27,000. Trust Co. of Toledo NA OH acquired a new stake in CACI International during the 2nd quarter worth $55,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in CACI International by 180.0% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 140 shares of the information technology services provider’s stock worth $67,000 after purchasing an additional 90 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC boosted its stake in CACI International by 528.6% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 264 shares of the information technology services provider’s stock worth $97,000 after purchasing an additional 222 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.
Insider Buying and Selling
In other CACI International news, CEO John S. Mengucci sold 10,175 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $492.82, for a total value of $5,014,443.50. Following the transaction, the chief executive officer owned 101,536 shares of the company’s stock, valued at $50,038,971.52. This represents a 9.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.10% of the stock is owned by insiders.
CACI International Trading Down 0.5%
CACI International (NYSE:CACI – Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The information technology services provider reported $8.40 earnings per share for the quarter, beating the consensus estimate of $6.54 by $1.86. The firm had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.29 billion. CACI International had a net margin of 5.79% and a return on equity of 15.84%. The company’s revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.61 EPS. As a group, equities analysts predict that CACI International, Inc. will post 23.94 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the stock. Raymond James Financial reaffirmed a “market perform” rating on shares of CACI International in a research note on Friday, August 8th. The Goldman Sachs Group raised shares of CACI International from a “sell” rating to a “buy” rating and lifted their target price for the stock from $407.00 to $544.00 in a research note on Wednesday, August 13th. Jefferies Financial Group cut shares of CACI International from a “buy” rating to a “hold” rating and lowered their target price for the stock from $570.00 to $535.00 in a research note on Wednesday, August 6th. UBS Group reissued a “buy” rating and set a $614.00 price target (up previously from $562.00) on shares of CACI International in a research report on Friday, August 8th. Finally, William Blair raised shares of CACI International from a “market perform” rating to an “outperform” rating in a research report on Monday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $548.73.
CACI International Company Profile
CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.
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