BNP Paribas Financial Markets Sells 16,000 Shares of CACI International Inc (NYSE:CACI)

BNP Paribas Financial Markets lowered its holdings in shares of CACI International Inc (NYSE:CACI - Free Report) by 27.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 42,953 shares of the information technology services provider's stock after selling 16,000 shares during the period. BNP Paribas Financial Markets owned about 0.19% of CACI International worth $17,356,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. UMB Bank n.a. raised its stake in shares of CACI International by 37.2% during the fourth quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider's stock valued at $43,000 after acquiring an additional 29 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of CACI International by 69.4% during the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider's stock valued at $49,000 after acquiring an additional 50 shares during the last quarter. AMJ Financial Wealth Management raised its stake in shares of CACI International by 1.8% during the fourth quarter. AMJ Financial Wealth Management now owns 3,988 shares of the information technology services provider's stock valued at $1,611,000 after acquiring an additional 70 shares during the last quarter. Kendall Capital Management raised its stake in shares of CACI International by 6.2% during the fourth quarter. Kendall Capital Management now owns 1,294 shares of the information technology services provider's stock valued at $523,000 after acquiring an additional 75 shares during the last quarter. Finally, Cornerstone Investment Partners LLC raised its stake in shares of CACI International by 4.4% during the fourth quarter. Cornerstone Investment Partners LLC now owns 2,017 shares of the information technology services provider's stock valued at $815,000 after acquiring an additional 85 shares during the last quarter. Institutional investors own 86.43% of the company's stock.

CACI International Stock Up 2.2%

Shares of NYSE CACI traded up $10.08 during mid-day trading on Thursday, reaching $476.77. 80,097 shares of the company's stock traded hands, compared to its average volume of 278,768. CACI International Inc has a 1-year low of $318.60 and a 1-year high of $588.26. The stock has a market cap of $10.48 billion, a P/E ratio of 22.35, a PEG ratio of 1.01 and a beta of 0.67. The business has a 50-day simple moving average of $412.71 and a 200 day simple moving average of $423.06. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52.

CACI International (NYSE:CACI - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share for the quarter, topping the consensus estimate of $5.53 by $0.70. CACI International had a net margin of 5.90% and a return on equity of 15.30%. The business had revenue of $2.17 billion for the quarter, compared to analysts' expectations of $2.13 billion. During the same period in the previous year, the company earned $5.74 earnings per share. The firm's revenue for the quarter was up 11.8% compared to the same quarter last year. On average, analysts expect that CACI International Inc will post 23.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CACI shares. Truist Financial set a $525.00 price target on shares of CACI International and gave the company a "buy" rating in a research note on Friday, April 25th. Barclays lifted their target price on shares of CACI International from $450.00 to $510.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 29th. UBS Group reissued a "buy" rating on shares of CACI International in a research note on Friday, April 25th. William Blair downgraded shares of CACI International from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Finally, StockNews.com downgraded shares of CACI International from a "buy" rating to a "hold" rating in a research note on Saturday, January 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, CACI International presently has a consensus rating of "Moderate Buy" and an average target price of $515.67.

Insider Buying and Selling at CACI International

In other CACI International news, Director Debora A. Plunkett sold 309 shares of the business's stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total value of $112,358.58. Following the transaction, the director now directly owns 2,315 shares in the company, valued at $841,780.30. The trade was a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.35% of the company's stock.

CACI International Company Profile

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.