Bessemer Group Inc. Sells 5,124 Shares of CACI International, Inc. (NYSE:CACI)

Bessemer Group Inc. lessened its holdings in CACI International, Inc. (NYSE:CACI - Free Report) by 67.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,431 shares of the information technology services provider's stock after selling 5,124 shares during the quarter. Bessemer Group Inc.'s holdings in CACI International were worth $893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. VSM Wealth Advisory LLC purchased a new position in CACI International in the fourth quarter valued at approximately $69,000. Jones Financial Companies Lllp raised its stake in shares of CACI International by 452.8% in the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider's stock valued at $80,000 after buying an additional 163 shares during the period. GAMMA Investing LLC lifted its position in shares of CACI International by 150.8% during the 1st quarter. GAMMA Investing LLC now owns 306 shares of the information technology services provider's stock valued at $112,000 after buying an additional 184 shares during the last quarter. Applied Finance Capital Management LLC bought a new position in shares of CACI International during the 4th quarter worth $219,000. Finally, Cary Street Partners Financial LLC purchased a new stake in CACI International in the 4th quarter worth about $287,000. 86.43% of the stock is owned by hedge funds and other institutional investors.

CACI International Price Performance

Shares of CACI stock traded up $1.21 during trading on Friday, hitting $489.02. The company had a trading volume of 176,095 shares, compared to its average volume of 305,571. The stock's 50-day moving average is $459.14 and its two-hundred day moving average is $414.95. The stock has a market capitalization of $10.75 billion, a price-to-earnings ratio of 23.08, a price-to-earnings-growth ratio of 1.28 and a beta of 0.66. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.82. CACI International, Inc. has a 52 week low of $318.60 and a 52 week high of $588.26.

CACI International (NYSE:CACI - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 EPS for the quarter, topping analysts' consensus estimates of $5.53 by $0.70. The firm had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.13 billion. CACI International had a net margin of 5.70% and a return on equity of 15.23%. The business's revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.74 EPS. As a group, analysts predict that CACI International, Inc. will post 23.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CACI has been the topic of several recent research reports. Truist Financial set a $525.00 price objective on shares of CACI International and gave the company a "buy" rating in a report on Friday, April 25th. Cowen restated a "buy" rating on shares of CACI International in a research note on Monday, April 28th. UBS Group reiterated a "buy" rating on shares of CACI International in a research note on Friday, April 25th. Wells Fargo & Company boosted their target price on shares of CACI International from $438.00 to $513.00 and gave the company an "overweight" rating in a report on Monday, April 28th. Finally, Barclays raised their price target on CACI International from $450.00 to $510.00 and gave the stock an "overweight" rating in a report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $520.31.

CACI International 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.