Ethic Inc. Buys 916 Shares of CACI International Inc (NYSE:CACI)

Ethic Inc. boosted its stake in shares of CACI International Inc (NYSE:CACI - Free Report) by 110.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,745 shares of the information technology services provider's stock after purchasing an additional 916 shares during the quarter. Ethic Inc.'s holdings in CACI International were worth $705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its position in CACI International by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 490,941 shares of the information technology services provider's stock valued at $198,417,000 after purchasing an additional 8,667 shares in the last quarter. Bank of New York Mellon Corp boosted its position in CACI International by 1.2% during the fourth quarter. Bank of New York Mellon Corp now owns 429,256 shares of the information technology services provider's stock valued at $173,445,000 after purchasing an additional 5,248 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its position in CACI International by 4.9% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 173,410 shares of the information technology services provider's stock valued at $70,068,000 after purchasing an additional 8,175 shares in the last quarter. Van ECK Associates Corp boosted its position in CACI International by 35.2% during the fourth quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider's stock valued at $63,477,000 after purchasing an additional 40,867 shares in the last quarter. Finally, Sterling Capital Management LLC raised its stake in CACI International by 256.0% in the fourth quarter. Sterling Capital Management LLC now owns 74,708 shares of the information technology services provider's stock valued at $30,187,000 after buying an additional 53,724 shares during the last quarter. Institutional investors own 86.43% of the company's stock.

CACI International Trading Up 0.6%

Shares of NYSE:CACI opened at $465.00 on Thursday. CACI International Inc has a 52-week low of $318.60 and a 52-week high of $588.26. The stock has a market cap of $10.23 billion, a price-to-earnings ratio of 21.81, a PEG ratio of 1.01 and a beta of 0.67. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80. The business has a 50-day moving average price of $412.71 and a 200-day moving average price of $423.06.

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

Insider Activity at CACI International

In related news, Director Debora A. Plunkett sold 309 shares of CACI International stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total transaction of $112,358.58. Following the completion of the transaction, the director now directly owns 2,315 shares in the company, valued at approximately $841,780.30. This trade represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.35% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on CACI. StockNews.com cut CACI International from a "buy" rating to a "hold" rating in a research note on Saturday, January 25th. Barclays increased their price target on CACI International from $450.00 to $510.00 and gave the company an "overweight" rating in a research note on Tuesday, April 29th. William Blair cut CACI International from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Cantor Fitzgerald upgraded CACI International to a "strong-buy" rating in a research note on Tuesday, February 25th. Finally, Truist Financial set a $525.00 price target on CACI International and gave the company a "buy" rating in a research note on Friday, April 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $515.67.

About CACI International

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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