CACI International (NYSE:CACI) Director Debora Plunkett Sells 235 Shares of Company Stock

Key Points

• Director Debora Plunkett sold 235 CACI shares at an average price of $646.31, totaling about $151,883. She retained 2,447 shares after the sale, an 8.76% reduction in her holdings.
• For its latest quarter, CACI reported EPS of $7.66, beating the $6.57 consensus estimate, while revenue of $2.47 billion fell short of expectations. Revenue increased 8.2% year over year.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of $727.70. The stock traded at $643.89 in Thursday’s mid-day session.

CACI International, Inc. (NYSE:CACI - Get Free Report) Director Debora Plunkett sold 235 shares of the firm's stock in a transaction that occurred on Wednesday, November 11th. The shares were sold at an average price of $646.31, for a total transaction of $151,882.85. Following the completion of the transaction, the director owned 2,447 shares of the company's stock, valued at $1,581,520.57. This trade represents a 8.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

CACI International Price Performance

NYSE:CACI traded down $1.99 during mid-day trading on Thursday, hitting $643.89. 129,858 shares of the stock traded hands, compared to its average volume of 283,959. The business's 50-day moving average price is $626.94 and its 200 day moving average price is $570.11. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 1.04. The company has a market cap of $14.30 billion, a PE ratio of 26.43 and a beta of 0.55. CACI International, Inc. has a 12-month low of $434.70 and a 12-month high of $694.01.

CACI International (NYSE:CACI - Get Free Report) last posted its earnings results on Wednesday, October 21st. The information technology services provider reported $7.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.57 by $1.09. The business had revenue of $2.47 billion for the quarter, compared to analysts' expectations of $2.51 billion. CACI International had a net margin of 5.55% and a return on equity of 15.56%. The business's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company posted $6.85 EPS. On average, analysts expect that CACI International, Inc. will post 33.70 EPS for the current fiscal year.

Analysts Set New Price Targets

CACI has been the subject of a number of research analyst reports. Wall Street Zen downgraded shares of CACI International from a "buy" rating to a "hold" rating in a report on Sunday, November 1st. Cantor Fitzgerald increased their target price on CACI International from $675.00 to $785.00 and gave the company an "overweight" rating in a research note on Wednesday, October 21st. Citigroup raised their price target on CACI International from $648.00 to $689.00 and gave the company a "neutral" rating in a research report on Wednesday, October 7th. Weiss Ratings lowered CACI International from a "buy (b)" rating to a "buy (b-)" rating in a research note on Wednesday, October 28th. Finally, Jefferies Financial Group upgraded CACI International from a "hold" rating to a "buy" rating and set a $725.00 price objective for the company in a report on Sunday, October 25th. Nine investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, CACI International presently has a consensus rating of "Moderate Buy" and a consensus price target of $727.70.

Institutional Trading of CACI International

Institutional investors have recently added to or reduced their stakes in the business. Westport Asset Management Inc. purchased a new position in shares of CACI International in the second quarter worth about $2,316,000. Quantitative Investment Management LLC purchased a new stake in CACI International during the 2nd quarter valued at about $658,000. Public Employees Retirement System of Ohio bought a new position in CACI International during the 2nd quarter worth approximately $2,887,000. Argent Capital Management LLC bought a new position in CACI International during the 1st quarter worth approximately $5,158,000. Finally, Sterling Capital Management LLC increased its stake in CACI International by 29.9% in the 3rd quarter. Sterling Capital Management LLC now owns 33,129 shares of the information technology services provider's stock worth $20,179,000 after purchasing an additional 7,626 shares during the period. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

About CACI International

CACI International is a U.S. government services and technology company that supports national security, defense and civilian missions. Its work includes intelligence analysis, cybersecurity, electronic warfare, communications and command-and-control systems, and the modernization of government information technology. The company provides technology, engineering and mission-support services to U.S. defense, intelligence and civilian agencies, as well as allied customers. Its work spans areas such as digital transformation, data analytics, software development, and the design and integration of complex systems.

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