CACI International (NYSE:CACI) Director Sells 210 Shares of Company Stock

Key Points

• Director Lisa Disbrow sold 210 CACI shares for about $142,460 at an average price of $678.38, reducing her direct holdings by 7.83% to 2,473 shares.
• CACI reported quarterly EPS of $7.66, beating the $6.57 consensus, while revenue rose 8.2% year over year to $2.47 billion—below analysts’ $2.51 billion estimate.
• Analyst views were mixed, but the consensus rating was Moderate Buy with a $727.70 price target; shares traded at $631.75 after falling $48.35.

CACI International, Inc. (NYSE:CACI - Get Free Report) Director Lisa Disbrow sold 210 shares of the firm's stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $678.38, for a total value of $142,459.80. Following the completion of the transaction, the director directly owned 2,473 shares in the company, valued at $1,677,633.74. The trade was a 7.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

CACI International Stock Performance

CACI traded down $48.35 on Wednesday, hitting $631.75. The company had a trading volume of 391,997 shares, compared to its average volume of 285,085. The company's fifty day moving average price is $626.36 and its 200 day moving average price is $570.39. CACI International, Inc. has a 1-year low of $434.70 and a 1-year high of $694.01. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.61 and a quick ratio of 1.61. The stock has a market cap of $14.03 billion, a price-to-earnings ratio of 25.93 and a beta of 0.55.

CACI International (NYSE:CACI - Get Free Report) last announced its earnings results on Wednesday, October 21st. The information technology services provider reported $7.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.57 by $1.09. CACI International had a return on equity of 15.56% and a net margin of 5.55%. The firm had revenue of $2.47 billion during the quarter, compared to analysts' expectations of $2.51 billion. During the same quarter in the prior year, the business earned $6.85 earnings per share. The company's revenue was up 8.2% on a year-over-year basis. Equities analysts predict that CACI International, Inc. will post 33.50 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on CACI. JPMorgan Chase & Co. upped their target price on CACI International from $715.00 to $725.00 and gave the company an "overweight" rating in a research note on Tuesday, October 27th. BNP Paribas Exane downgraded shares of CACI International from a "neutral" rating to an "underperform" rating and decreased their price target for the stock from $675.00 to $540.00 in a research note on Tuesday, October 6th. Cantor Fitzgerald boosted their price target on shares of CACI International from $675.00 to $785.00 and gave the company an "overweight" rating in a report on Wednesday, October 21st. TD Cowen lowered their price target on shares of CACI International from $625.00 to $550.00 and set a "buy" rating on the stock in a report on Tuesday, July 7th. Finally, Wells Fargo & Company restated an "overweight" rating and issued a $715.00 price objective on shares of CACI International in a research note on Monday, August 10th. 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 data from MarketBeat.com, CACI International has a consensus rating of "Moderate Buy" and a consensus target price of $727.70.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CACI. Bogart Wealth LLC boosted its stake in shares of CACI International by 2,350.0% during the 1st quarter. Bogart Wealth LLC now owns 49 shares of the information technology services provider's stock worth $27,000 after buying an additional 47 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of CACI International in the 3rd quarter valued at about $41,000. First Bancorp Inc ME bought a new position in shares of CACI International in the 2nd quarter valued at about $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of CACI International in the second quarter valued at about $32,000. Finally, SBI Securities Co. Ltd. increased its position in shares of CACI International by 53.4% in the third quarter. SBI Securities Co. Ltd. now owns 89 shares of the information technology services provider's stock valued at $54,000 after acquiring an additional 31 shares during the last quarter. 86.43% of the stock is owned by institutional investors and hedge funds.

CACI International Company Profile

CACI International Inc is a professional services and information technology company that provides mission-critical solutions to government customers, primarily in the United States. The company supports defense, intelligence, homeland security, and federal civilian agencies with expertise in areas such as enterprise IT, data analytics, artificial intelligence, cybersecurity, and software development.

CACI also delivers capabilities for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR), electronic warfare, signals intelligence, and other national security missions.

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