CACI International (NYSE:CACI) Stock: Insider Lisa Disbrow Sells 210 Shares

CACI International, Inc. (NYSE:CACI) Director Lisa Disbrow sold 210 shares of the business’s stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an average price of $678.38, for a total value of $142,459.80. Following the transaction, the director directly owned 2,473 shares in the company, valued at $1,677,633.74. This trade represents a 7.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

CACI International Stock Down 7.1%

Shares of CACI International stock traded down $48.35 on Wednesday, reaching $631.75. 391,997 shares of the company were exchanged, compared to its average volume of 285,085. The company has a market capitalization of $14.03 billion, a price-to-earnings ratio of 25.93 and a beta of 0.55. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 1.04. CACI International, Inc. has a one year low of $434.70 and a one year high of $694.01. The company has a 50-day moving average of $626.36 and a 200 day moving average of $570.39.

CACI International (NYSE:CACI) last released its earnings results on Wednesday, October 21st. The information technology services provider reported $7.66 earnings per share for the quarter, beating the consensus estimate of $6.57 by $1.09. CACI International had a net margin of 5.55% and a return on equity of 15.56%. The business had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.51 billion. During the same period last year, the business earned $6.85 earnings per share. The firm’s revenue was up 8.2% on a year-over-year basis. On average, equities research analysts forecast that CACI International, Inc. will post 33.50 earnings per share for the current year.

Hedge Funds Weigh In On CACI International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CACI. Gen Wealth Partners Inc raised its position in shares of CACI International by 32.9% in the third quarter. Gen Wealth Partners Inc now owns 2,050 shares of the information technology services provider’s stock valued at $1,248,000 after purchasing an additional 507 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in shares of CACI International during the 3rd quarter worth about $260,000. Fulcrum Asset Management LLP bought a new stake in shares of CACI International during the 3rd quarter worth about $208,000. Collaborative Fund Advisors LLC acquired a new position in CACI International in the 3rd quarter valued at about $339,000. Finally, Covestor Ltd grew its stake in CACI International by 20.4% in the 3rd quarter. Covestor Ltd now owns 283 shares of the information technology services provider’s stock valued at $173,000 after buying an additional 48 shares during the last quarter. 86.43% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on CACI shares. BNP Paribas Exane cut shares of CACI International from a “neutral” rating to an “underperform” rating and cut their price target for the company from $675.00 to $540.00 in a research note on Tuesday, October 6th. JPMorgan Chase & Co. boosted their price objective on shares of CACI International from $715.00 to $725.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 27th. Citigroup upped their target price on shares of CACI International from $648.00 to $689.00 and gave the company a “neutral” rating in a report on Wednesday, October 7th. Wells Fargo & Company reiterated an “overweight” rating and issued a $715.00 target price on shares of CACI International in a research note on Monday, August 10th. Finally, Jefferies Financial Group upgraded CACI International from a “hold” rating to a “buy” rating and set a $725.00 price target for the company in a report on Sunday, October 25th. Nine research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $727.70.

About CACI International

CACI International Inc is a professional services and information technology company that provides mission-critical solutions to government customers, primarily in the United States. The company supports defense, intelligence, homeland security, and federal civilian agencies with expertise in areas such as enterprise IT, data analytics, artificial intelligence, cybersecurity, and software development.

CACI also delivers capabilities for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR), electronic warfare, signals intelligence, and other national security missions.