NCI Inc. (NASDAQ:NCIT) CEO Brian J. Clark purchased 3,000 shares of NCI stock in a transaction that occurred on Thursday, September 29th. The stock was acquired at an average price of $11.10 per share, for a total transaction of $33,300.00. Following the transaction, the chief executive officer now directly owns 162,962 shares of the company’s stock, valued at approximately $1,808,878.20. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

NCI Inc. (NASDAQ:NCIT) opened at 11.57 on Friday. The firm’s 50-day moving average is $11.70 and its 200 day moving average is $13.17. NCI Inc. has a 1-year low of $10.98 and a 1-year high of $17.18. The stock has a market capitalization of $156.24 million, a price-to-earnings ratio of 12.06 and a beta of 1.11.

NCI (NASDAQ:NCIT) last released its earnings results on Wednesday, July 27th. The company reported $0.23 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.23. The business had revenue of $81.90 million for the quarter, compared to analyst estimates of $85.10 million. NCI had a return on equity of 12.39% and a net margin of 4.00%. The company’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 earnings per share. Equities analysts anticipate that NCI Inc. will post $0.94 EPS for the current fiscal year.

Separately, Zacks Investment Research upgraded shares of NCI from a “sell” rating to a “hold” rating in a research report on Saturday, September 10th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $14.70.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NCIT. LSV Asset Management raised its position in NCI by 93.0% in the second quarter. LSV Asset Management now owns 54,589 shares of the company’s stock worth $766,000 after buying an additional 26,300 shares during the last quarter. AXA raised its position in NCI by 79.2% in the first quarter. AXA now owns 10,769 shares of the company’s stock worth $151,000 after buying an additional 4,758 shares during the last quarter. Alambic Investment Management L.P. bought a new position in NCI during the second quarter worth about $162,000. Acrospire Investment Management LLC bought a new position in NCI during the first quarter worth about $107,000. Finally, Algert Global LLC raised its position in NCI by 15.5% in the first quarter. Algert Global LLC now owns 102,147 shares of the company’s stock worth $1,431,000 after buying an additional 13,693 shares during the last quarter. 37.10% of the stock is currently owned by institutional investors and hedge funds.

About NCI

NCI, Inc is a provider of enterprise services and solutions to defense, intelligence, healthcare and civilian government agencies. The Company provides information technology (IT), and professional services and solutions by leveraging its core service offerings, which include cloud computing and IT infrastructure optimization; cybersecurity and information assurance; engineering and logistics support; enterprise information management and advanced analytics; health IT and medical support; IT service management; modeling, simulation, and training, and agile development and integration.

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