CACI International (NYSE:CACI) Cut to “Market Perform” at Raymond James

Raymond James cut shares of CACI International (NYSE:CACI) from an outperform rating to a market perform rating in a research note released on Monday, Marketbeat.com reports.

A number of other equities research analysts have also weighed in on the company. Wells Fargo & Company lifted their target price on CACI International from $410.00 to $468.00 and gave the company an overweight rating in a research report on Tuesday, April 30th. Robert W. Baird lifted their target price on CACI International from $370.00 to $464.00 and gave the company an outperform rating in a research report on Monday, April 8th. Truist Financial lifted their target price on CACI International from $450.00 to $500.00 and gave the company a buy rating in a research report on Thursday, June 27th. Stifel Nicolaus lifted their target price on CACI International from $390.00 to $430.00 and gave the company a buy rating in a research report on Tuesday, April 23rd. Finally, JPMorgan Chase & Co. lifted their target price on CACI International from $383.00 to $458.00 and gave the company an overweight rating in a research report on Wednesday, July 10th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of Moderate Buy and an average target price of $434.55.

CACI International Price Performance

Shares of CACI stock opened at $447.22 on Monday. CACI International has a 52-week low of $302.21 and a 52-week high of $466.48. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.28 and a current ratio of 1.28. The firm has a market capitalization of $9.97 billion, a P/E ratio of 25.84, a P/E/G ratio of 1.95 and a beta of 0.92. The stock has a 50 day moving average price of $436.06 and a 200 day moving average price of $399.74.

Insider Buying and Selling

In related news, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the business’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $427.50, for a total transaction of $812,250.00. Following the transaction, the chief financial officer now directly owns 519 shares in the company, valued at approximately $221,872.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the business’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $427.50, for a total transaction of $812,250.00. Following the transaction, the chief financial officer now directly owns 519 shares in the company, valued at approximately $221,872.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Gregory G. Johnson sold 200 shares of the business’s stock in a transaction on Wednesday, June 12th. The stock was sold at an average price of $428.19, for a total value of $85,638.00. Following the transaction, the director now owns 6,078 shares in the company, valued at $2,602,538.82. The disclosure for this sale can be found here. Insiders have sold a total of 4,100 shares of company stock worth $1,755,028 in the last ninety days. 1.23% of the stock is owned by insiders.

Institutional Trading of CACI International

Several large investors have recently added to or reduced their stakes in CACI. Eagle Bay Advisors LLC grew its stake in CACI International by 91.3% during the 4th quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock valued at $43,000 after purchasing an additional 63 shares during the last quarter. Versant Capital Management Inc grew its stake in CACI International by 900.0% during 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 during the last quarter. GPS Wealth Strategies Group LLC grew its stake in CACI International by 35.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock valued at $174,000 after purchasing an additional 105 shares during the last quarter. HTLF Bank purchased a new stake in CACI International during the 1st quarter valued at about $229,000. Finally, Confluence Wealth Services Inc. purchased a new stake in CACI International during the 1st quarter valued at about $237,000. Hedge funds and other institutional investors own 86.43% of the company’s stock.

About CACI International

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.