Jump Financial LLC Purchases 12,108 Shares of CACI International Inc (NYSE:CACI)

Jump Financial LLC grew its holdings in shares of CACI International Inc (NYSE:CACI - Free Report) by 355.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,510 shares of the information technology services provider's stock after acquiring an additional 12,108 shares during the period. Jump Financial LLC owned 0.07% of CACI International worth $6,267,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC increased its stake in CACI International by 1.8% in 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 increased its position in CACI International by 1.2% in the 4th 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 buying an additional 5,248 shares in the last quarter. Van ECK Associates Corp raised its stake in CACI International by 35.2% during the 4th quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider's stock worth $63,477,000 after buying an additional 40,867 shares during the period. Sterling Capital Management LLC boosted its holdings 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 worth $30,187,000 after acquiring an additional 53,724 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH increased its holdings in shares of CACI International by 36.4% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider's stock valued at $21,417,000 after acquiring an additional 14,141 shares in the last quarter. 86.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CACI. Wells Fargo & Company cut their target price on CACI International from $480.00 to $438.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Cantor Fitzgerald upgraded shares of CACI International to a "strong-buy" rating in a report on Tuesday, February 25th. William Blair lowered shares of CACI International from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Truist Financial dropped their price target on shares of CACI International from $550.00 to $475.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Jefferies Financial Group decreased their price objective on CACI International from $520.00 to $455.00 and set a "buy" rating for the company in a report on Tuesday, March 25th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, CACI International has a consensus rating of "Moderate Buy" and a consensus price target of $508.31.

CACI International Stock Performance

Shares of CACI International stock traded up $1.05 during trading hours on Monday, hitting $421.05. 141,558 shares of the company's stock traded hands, compared to its average volume of 261,848. The stock has a market capitalization of $9.44 billion, a price-to-earnings ratio of 19.75, a PEG ratio of 1.01 and a beta of 0.78. CACI International Inc has a 12-month low of $318.60 and a 12-month high of $588.26. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52. The company has a fifty day simple moving average of $371.85 and a 200-day simple moving average of $430.28.

CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. Equities research analysts anticipate that CACI International Inc will post 23.94 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Debora A. Plunkett sold 309 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total transaction of $112,358.58. Following the sale, the director now directly owns 2,315 shares in the company, valued at approximately $841,780.30. This represents a 11.78 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.35% of the company's stock.

CACI International Company 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.