Insider Selling: CACI International (NYSE:CACI) Director Sells $151,882.85 in Stock

CACI International, Inc. (NYSE:CACI) Director Debora Plunkett sold 235 shares of the stock in a transaction dated Wednesday, November 11th. The stock was sold at an average price of $646.31, for a total transaction of $151,882.85. Following the sale, the director owned 2,447 shares in the company, valued at approximately $1,581,520.57. This trade represents a 8.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

CACI International Stock Performance

NYSE CACI traded down $1.99 during trading hours on Friday, reaching $641.89. The company’s stock had a trading volume of 140,992 shares, compared to its average volume of 254,333. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 1.04. The business has a 50-day simple moving average of $627.78 and a 200 day simple moving average of $570.10. CACI International, Inc. has a 52 week low of $434.70 and a 52 week high of $694.01. The stock has a market cap of $14.26 billion, a PE ratio of 26.35 and a beta of 0.55.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, October 21st. The information technology services provider reported $7.66 EPS for the quarter, beating the consensus estimate of $6.57 by $1.09. The company had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.51 billion. CACI International had a return on equity of 15.56% and a net margin of 5.55%. The business’s revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company earned $6.85 earnings per share. Equities research analysts predict that CACI International, Inc. will post 33.70 earnings per share for the current fiscal year.

Institutional Trading of CACI International

Several large investors have recently added to or reduced their stakes in the business. Clal Insurance Enterprises Holdings Ltd acquired a new position in CACI International during the 3rd quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of CACI International in the second quarter worth $32,000. First Bancorp Inc ME bought a new position in shares of CACI International in the second quarter worth $32,000. Root Financial Partners LLC acquired a new position in shares of CACI International during the third quarter valued at $41,000. Finally, SBI Securities Co. Ltd. increased its holdings in shares of CACI International by 53.4% during the third quarter. SBI Securities Co. Ltd. now owns 89 shares of the information technology services provider’s stock valued at $54,000 after purchasing an additional 31 shares during the period. 86.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on CACI shares. Weiss Ratings lowered CACI International from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, October 28th. BNP Paribas Exane downgraded CACI International from a “neutral” rating to an “underperform” rating and lowered their price objective for the stock from $675.00 to $540.00 in a research note on Tuesday, October 6th. Citigroup increased their target price on CACI International from $648.00 to $689.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 7th. Stifel Nicolaus raised their target price on CACI International from $892.00 to $925.00 and gave the company a “buy” rating in a research note on Friday, October 23rd. Finally, JPMorgan Chase & Co. boosted their price target on shares of CACI International from $715.00 to $725.00 and gave the company an “overweight” rating in a report on Tuesday, October 27th. Eight research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $727.70.

About CACI International

CACI International is a U.S. government services and technology company that supports national security, defense and civilian missions. Its work includes intelligence analysis, cybersecurity, electronic warfare, communications and command-and-control systems, and the modernization of government information technology. The company provides technology, engineering and mission-support services to U.S. defense, intelligence and civilian agencies, as well as allied customers. Its work spans areas such as digital transformation, data analytics, software development, and the design and integration of complex systems.