Wells Fargo & Company Increases CACI International (NYSE:CACI) Price Target to $468.00

CACI International (NYSE:CACI - Get Free Report) had its price objective hoisted by stock analysts at Wells Fargo & Company from $410.00 to $468.00 in a report released on Tuesday, Benzinga reports. The brokerage currently has an "overweight" rating on the information technology services provider's stock. Wells Fargo & Company's price target points to a potential upside of 16.35% from the company's current price.

Several other brokerages have also issued reports on CACI. The Goldman Sachs Group boosted their price target on shares of CACI International from $379.00 to $425.00 and gave the company a "neutral" rating in a report on Tuesday, April 16th. StockNews.com upgraded shares of CACI International from a "hold" rating to a "buy" rating in a research note on Thursday, April 25th. Stifel Nicolaus boosted their target price on shares of CACI International from $390.00 to $430.00 and gave the company a "buy" rating in a research note on Tuesday, April 23rd. Barclays boosted their target price on shares of CACI International from $400.00 to $450.00 and gave the company an "overweight" rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. boosted their target price on shares of CACI International from $375.00 to $383.00 and gave the company an "overweight" rating in a research note on Tuesday, February 6th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $410.64.

CACI International Stock Performance

Shares of CACI International stock traded down $2.78 during midday trading on Tuesday, hitting $402.23. The company had a trading volume of 184,923 shares, compared to its average volume of 126,644. CACI International has a 1-year low of $293.69 and a 1-year high of $409.11. The business's 50 day simple moving average is $373.98 and its two-hundred day simple moving average is $346.11. The stock has a market cap of $8.97 billion, a PE ratio of 23.24, a P/E/G ratio of 2.00 and a beta of 0.89. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.28 and a quick ratio of 1.28.

CACI International (NYSE:CACI - Get Free Report) last announced its earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.55 by $0.19. CACI International had a net margin of 5.37% and a return on equity of 13.80%. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the previous year, the firm posted $4.92 earnings per share. CACI International's revenue was up 11.1% compared to the same quarter last year. As a group, equities analysts predict that CACI International will post 20.39 EPS for the current fiscal year.

Insider Buying and Selling at CACI International

In other CACI International news, EVP J William Koegel, Jr. sold 500 shares of the company's stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total transaction of $188,740.00. Following the transaction, the executive vice president now directly owns 23,385 shares in the company, valued at approximately $8,827,369.80. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, EVP J William Koegel, Jr. sold 500 shares of the company's stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total value of $188,740.00. Following the completion of the sale, the executive vice president now directly owns 23,385 shares of the company's stock, valued at approximately $8,827,369.80. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gregory G. Johnson sold 150 shares of the company's stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $361.69, for a total value of $54,253.50. Following the completion of the sale, the director now directly owns 6,446 shares of the company's stock, valued at $2,331,453.74. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company's stock.

Institutional Trading of CACI International

A number of large investors have recently bought and sold shares of CACI. Eagle Bay Advisors LLC grew its stake in shares of CACI International by 91.3% during the 4th quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider's stock worth $43,000 after acquiring an additional 63 shares in the last quarter. Anchor Investment Management LLC acquired a new position in shares of CACI International during the 4th quarter worth approximately $152,000. Covestor Ltd raised its stake in shares of CACI International by 9.1% during the 3rd quarter. Covestor Ltd now owns 540 shares of the information technology services provider's stock worth $170,000 after purchasing an additional 45 shares in the last quarter. HTLF Bank acquired a new stake in shares of CACI International in the 1st quarter valued at approximately $229,000. Finally, Confluence Wealth Services Inc. acquired a new stake in shares of CACI International in the 1st quarter valued at approximately $237,000. 86.43% of the stock is owned by institutional investors.

About CACI International

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.