Insider Selling: CACI International Inc. (CACI) CFO Sells $276,885.00 in Stock
CACI International Inc. (NYSE:CACI) CFO Thomas A. Mutryn sold 2,637 shares of the company’s stock in a transaction on Monday, November 7th. The stock was sold at an average price of $105.00, for a total value of $276,885.00. Following the sale, the chief financial officer now owns 43,599 shares of the company’s stock, valued at $4,577,895. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
Shares of CACI International Inc. (NYSE:CACI) opened at 121.75 on Monday. The firm has a market capitalization of $2.97 billion, a price-to-earnings ratio of 20.88 and a beta of 1.82. CACI International Inc. has a 12-month low of $78.08 and a 12-month high of $122.00. The company’s 50-day moving average price is $102.49 and its 200 day moving average price is $97.87.
CACI International (NYSE:CACI) last released its earnings results on Wednesday, October 26th. The company reported $2.07 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.82. CACI International had a return on equity of 11.21% and a net margin of 3.62%. The firm earned $1.07 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the previous year, the firm posted $1.40 EPS. CACI International’s revenue for the quarter was up 30.5% on a year-over-year basis. On average, equities research analysts forecast that CACI International Inc. will post $6.27 EPS for the current fiscal year.
A number of equities research analysts have commented on CACI shares. Zacks Investment Research upgraded CACI International from a “hold” rating to a “buy” rating and set a $112.00 price target for the company in a research note on Monday, October 24th. Jefferies Group reiterated a “hold” rating and issued a $96.00 price target on shares of CACI International in a research note on Thursday, August 18th. Finally, FBR & Co reiterated a “hold” rating and issued a $94.00 price target on shares of CACI International in a research note on Monday, October 31st. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $102.50.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CACI. Emerald Acquisition Ltd. bought a new position in CACI International during the second quarter valued at approximately $22,629,000. Nordea Investment Management AB boosted its position in CACI International by 2,874.1% in the third quarter. Nordea Investment Management AB now owns 169,524 shares of the company’s stock valued at $17,105,000 after buying an additional 163,824 shares in the last quarter. Panagora Asset Management Inc. boosted its position in CACI International by 73.2% in the second quarter. Panagora Asset Management Inc. now owns 180,612 shares of the company’s stock valued at $16,329,000 after buying an additional 76,343 shares in the last quarter. Burney Co. boosted its position in CACI International by 245.6% in the second quarter. Burney Co. now owns 86,223 shares of the company’s stock valued at $7,795,000 after buying an additional 61,277 shares in the last quarter. Finally, Coe Capital Management LLC acquired a new position in CACI International during the second quarter valued at about $2,643,000. 91.06% of the stock is owned by hedge funds and other institutional investors.
About CACI International
CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.
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