Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of CACI International, Inc. (NYSE:CACI – Free Report) by 180.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 140 shares of the information technology services provider’s stock after acquiring an additional 90 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in CACI International were worth $67,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also bought and sold shares of CACI. GAMMA Investing LLC increased its holdings in shares of CACI International by 91,931.1% in the first quarter. GAMMA Investing LLC now owns 112,278 shares of the information technology services provider’s stock worth $41,197,000 after purchasing an additional 112,156 shares during the period. Fuller & Thaler Asset Management Inc. increased its holdings in shares of CACI International by 15.5% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 200,214 shares of the information technology services provider’s stock worth $73,463,000 after purchasing an additional 26,804 shares during the period. Vaughan Nelson Investment Management L.P. increased its holdings in shares of CACI International by 36.3% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 90,078 shares of the information technology services provider’s stock worth $33,051,000 after purchasing an additional 24,010 shares during the period. Peregrine Capital Management LLC bought a new position in shares of CACI International in the first quarter worth $4,999,000. Finally, MetLife Investment Management LLC increased its holdings in shares of CACI International by 77.1% in the first quarter. MetLife Investment Management LLC now owns 22,363 shares of the information technology services provider’s stock worth $8,205,000 after purchasing an additional 9,737 shares during the period. Institutional investors own 86.43% of the company’s stock.
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Insider Buying and Selling at CACI International
In other CACI International news, CEO John S. Mengucci sold 10,175 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $492.82, for a total transaction of $5,014,443.50. Following the completion of the transaction, the chief executive officer owned 101,536 shares of the company’s stock, valued at approximately $50,038,971.52. This trade represents a 9.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.10% of the company’s stock.
Analyst Ratings Changes
Several research analysts have recently weighed in on CACI shares. William Blair raised shares of CACI International from a “market perform” rating to an “outperform” rating in a report on Monday, July 7th. Stifel Nicolaus upped their price target on shares of CACI International from $576.00 to $600.00 and gave the stock a “buy” rating in a report on Friday, August 8th. UBS Group reaffirmed a “buy” rating and issued a $614.00 price target (up previously from $562.00) on shares of CACI International in a report on Friday, August 8th. The Goldman Sachs Group raised shares of CACI International from a “sell” rating to a “buy” rating and upped their price target for the stock from $407.00 to $544.00 in a report on Wednesday, August 13th. Finally, Truist Financial set a $575.00 price target on shares of CACI International in a report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, CACI International presently has a consensus rating of “Moderate Buy” and an average target price of $549.25.
Read Our Latest Report on CACI International
CACI International Stock Performance
Shares of CACI opened at $494.95 on Thursday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.47 and a quick ratio of 1.47. CACI International, Inc. has a one year low of $318.60 and a one year high of $588.26. The company has a 50-day simple moving average of $480.83 and a two-hundred day simple moving average of $447.32. The firm has a market capitalization of $10.88 billion, a PE ratio of 22.15, a price-to-earnings-growth ratio of 1.84 and a beta of 0.65.
CACI International (NYSE:CACI – Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The information technology services provider reported $8.40 EPS for the quarter, topping the consensus estimate of $6.54 by $1.86. CACI International had a net margin of 5.79% and a return on equity of 15.84%. The business had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period last year, the business posted $6.61 earnings per share. CACI International’s quarterly revenue was up 13.0% compared to the same quarter last year. On average, analysts anticipate that CACI International, Inc. will post 23.94 EPS for the current fiscal year.
About CACI International
(Free Report)
CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.
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