GAMMA Investing LLC Buys 112,156 Shares of CACI International Inc (NYSE:CACI)

GAMMA Investing LLC raised its holdings in shares of CACI International Inc (NYSE:CACI - Free Report) by 91,931.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 112,278 shares of the information technology services provider's stock after purchasing an additional 112,156 shares during the quarter. GAMMA Investing LLC owned approximately 0.50% of CACI International worth $41,197,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. 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 purchasing an additional 53,724 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of 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 worth $63,477,000 after acquiring an additional 40,867 shares in the last quarter. River Road Asset Management LLC purchased a new position in shares of CACI International during the fourth quarter worth approximately $8,585,000. Russell Investments Group Ltd. raised its stake in shares of CACI International by 51.9% during the fourth quarter. Russell Investments Group Ltd. now owns 46,919 shares of the information technology services provider's stock worth $18,936,000 after acquiring an additional 16,037 shares in the last quarter. Finally, New Age Alpha Advisors LLC purchased a new position in shares of CACI International during the fourth quarter worth approximately $5,357,000. 86.43% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on CACI shares. William Blair downgraded shares of CACI International from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Cowen reissued a "buy" rating on shares of CACI International in a research note on Monday, April 28th. UBS Group restated a "buy" rating on shares of CACI International in a report on Friday, April 25th. Cantor Fitzgerald upgraded shares of CACI International to a "strong-buy" rating in a report on Tuesday, February 25th. Finally, Barclays raised their target price on shares of CACI International from $450.00 to $510.00 and gave the stock an "overweight" rating in a report on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, CACI International currently has an average rating of "Moderate Buy" and an average price target of $515.67.

Insider Buying and Selling

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 stock was sold at an average price of $363.62, for a total transaction of $112,358.58. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.35% of the stock is currently owned by company insiders.

CACI International Stock Up 2.9%

CACI International stock traded up $12.65 on Friday, hitting $444.92. 298,655 shares of the stock traded hands, compared to its average volume of 295,772. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80. The firm has a market cap of $9.78 billion, a P/E ratio of 20.87, a price-to-earnings-growth ratio of 1.01 and a beta of 0.63. The business's fifty day simple moving average is $439.44 and its 200 day simple moving average is $413.24. CACI International Inc has a 1 year low of $318.60 and a 1 year high of $588.26.

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 (EPS) for the quarter, topping analysts' consensus estimates of $5.53 by $0.70. The company had revenue of $2.17 billion for the quarter, compared to analysts' expectations of $2.13 billion. CACI International had a net margin of 5.90% and a return on equity of 15.30%. CACI International's revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.74 EPS. As a group, sell-side analysts forecast that CACI International Inc will post 23.94 earnings per share for the current year.

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.