William L. Jews Sells 2,000 Shares of CACI International Inc (NYSE:CACI) Stock

CACI International Inc (NYSE:CACIGet Free Report) Director William L. Jews sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $428.57, for a total transaction of $857,140.00. Following the completion of the sale, the director now owns 6,825 shares of the company’s stock, valued at approximately $2,924,990.25. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

CACI International Stock Performance

NYSE:CACI opened at $423.46 on Friday. 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 company has a fifty day moving average of $397.26 and a two-hundred day moving average of $361.09. The stock has a market capitalization of $9.44 billion, a PE ratio of 24.46, a P/E/G ratio of 2.01 and a beta of 0.85. CACI International Inc has a fifty-two week low of $296.75 and a fifty-two week high of $432.03.

CACI International (NYSE:CACIGet Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share for the quarter, topping analysts’ consensus estimates of $5.55 by $0.19. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.86 billion. CACI International had a net margin of 5.37% and a return on equity of 13.80%. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the business posted $4.92 earnings per share. As a group, research analysts forecast that CACI International Inc will post 20.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. StockNews.com upgraded shares of CACI International from a “hold” rating to a “buy” rating in a report on Thursday, April 25th. JPMorgan Chase & Co. lifted their price objective on shares of CACI International from $375.00 to $383.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 6th. Stifel Nicolaus boosted their target price on shares of CACI International from $390.00 to $430.00 and gave the stock a “buy” rating in a research report on Tuesday, April 23rd. Barclays boosted their target price on shares of CACI International from $400.00 to $450.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 30th. Finally, TD Cowen lifted their price objective on shares of CACI International from $400.00 to $435.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $415.45.

Check Out Our Latest Analysis on CACI International

Institutional Investors Weigh In On CACI International

A number of large investors have recently modified their holdings of the business. LRI Investments LLC purchased a new stake in shares of CACI International during the first quarter worth $293,000. Comerica Bank boosted its stake in CACI International by 13.4% during the first quarter. Comerica Bank now owns 11,609 shares of the information technology services provider’s stock worth $4,398,000 after buying an additional 1,372 shares during the period. Kennedy Capital Management LLC boosted its stake in CACI International by 39.9% during the first quarter. Kennedy Capital Management LLC now owns 8,276 shares of the information technology services provider’s stock worth $3,135,000 after buying an additional 2,359 shares during the period. Lazard Asset Management LLC acquired a new stake in shares of CACI International during the first quarter worth about $653,000. Finally, Covestor Ltd lifted its position in shares of CACI International by 8.9% during the first quarter. Covestor Ltd now owns 624 shares of the information technology services provider’s stock worth $237,000 after purchasing an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 86.43% of the company’s stock.

About CACI International

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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.

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