New York State Common Retirement Fund Sells 12,362 Shares of CACI International Inc (NYSE:CACI)

New York State Common Retirement Fund decreased its position in CACI International Inc (NYSE:CACI - Free Report) by 29.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,784 shares of the information technology services provider's stock after selling 12,362 shares during the quarter. New York State Common Retirement Fund owned 0.13% of CACI International worth $9,646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Anchor Investment Management LLC bought a new stake in CACI International in the fourth quarter valued at approximately $152,000. Covestor Ltd grew its stake in shares of CACI International by 9.1% in the third quarter. Covestor Ltd now owns 540 shares of the information technology services provider's stock worth $170,000 after acquiring an additional 45 shares during the last quarter. Cetera Trust Company N.A purchased a new stake in shares of CACI International in the fourth quarter worth $308,000. Campbell & CO Investment Adviser LLC purchased a new stake in shares of CACI International in the third quarter worth $530,000. Finally, Cornerstone Investment Partners LLC grew its stake in shares of CACI International by 62.0% in the fourth quarter. Cornerstone Investment Partners LLC now owns 1,916 shares of the information technology services provider's stock worth $621,000 after acquiring an additional 733 shares during the last quarter. Institutional investors own 86.43% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CACI. StockNews.com raised CACI International from a "hold" rating to a "buy" rating in a report on Thursday, April 25th. Truist Financial upped their price target on CACI International from $385.00 to $410.00 and gave the company a "buy" rating in a report on Tuesday, April 9th. Jefferies Financial Group downgraded CACI International from a "buy" rating to a "hold" rating and lowered their price target for the company from $375.00 to $350.00 in a report on Wednesday, January 3rd. Robert W. Baird increased their target price on CACI International from $370.00 to $464.00 and gave the company an "outperform" rating in a report on Monday, April 8th. Finally, Barclays increased their target price on CACI International from $400.00 to $450.00 and gave the company an "overweight" rating in a report on Tuesday. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $410.64.

Insider Buying and Selling

In related news, EVP J William Koegel, Jr. sold 500 shares of the 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 sale, the executive vice president now owns 23,385 shares in the company, valued at $8,827,369.80. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, EVP J William Koegel, Jr. sold 500 shares of the firm's stock in a transaction that occurred on 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 owns 23,385 shares in the company, valued at $8,827,369.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gregory G. Johnson sold 150 shares of the firm's stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $361.69, for a total transaction of $54,253.50. Following the completion of the transaction, the director now directly owns 6,446 shares of the company's stock, valued at approximately $2,331,453.74. The disclosure for this sale can be found here. 1.23% of the stock is owned by company insiders.

CACI International Stock Performance

CACI traded up $3.73 during trading on Thursday, reaching $411.43. The company's stock had a trading volume of 141,222 shares, compared to its average volume of 127,198. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.28 and a current ratio of 1.28. The company's fifty day moving average price is $375.58 and its 200-day moving average price is $346.99. The company has a market capitalization of $9.17 billion, a price-to-earnings ratio of 23.57, a price-to-earnings-growth ratio of 1.91 and a beta of 0.85. CACI International Inc has a 52-week low of $293.69 and a 52-week high of $411.56.

CACI International (NYSE:CACI - Get Free Report) last released its quarterly earnings data on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share for the quarter, topping the consensus estimate of $5.55 by $0.19. The firm had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.86 billion. CACI International had a net margin of 5.37% and a return on equity of 13.80%. CACI International's quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.92 earnings per share. On average, equities analysts forecast that CACI International Inc will post 20.36 earnings per share for the current fiscal year.

CACI International Profile

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.