Russell Investments Group Ltd. Sells 3,290 Shares of CACI International Inc (NYSE:CACI)

Russell Investments Group Ltd. trimmed its stake in shares of CACI International Inc (NYSE:CACI - Free Report) by 8.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 37,016 shares of the information technology services provider's stock after selling 3,290 shares during the quarter. Russell Investments Group Ltd. owned about 0.17% of CACI International worth $11,988,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Anchor Investment Management LLC acquired a new position in CACI International during the 4th quarter valued at about $152,000. Covestor Ltd boosted its position in shares of CACI International by 9.1% during the third quarter. Covestor Ltd now owns 540 shares of the information technology services provider's stock worth $170,000 after buying an additional 45 shares during the period. Cetera Trust Company N.A bought a new position in CACI International in the 4th quarter worth approximately $308,000. Campbell & CO Investment Adviser LLC acquired a new stake in CACI International in the 3rd quarter valued at approximately $530,000. Finally, Cornerstone Investment Partners LLC raised its stake in CACI International by 62.0% during the 4th quarter. Cornerstone Investment Partners LLC now owns 1,916 shares of the information technology services provider's stock valued at $621,000 after acquiring an additional 733 shares in the last quarter. Institutional investors own 86.43% of the company's stock.

Insider Buying and Selling

In related news, Director Gregory G. Johnson sold 150 shares of the company's stock in a transaction that occurred on 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 owns 6,446 shares in the company, valued at approximately $2,331,453.74. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, Director Gregory G. Johnson sold 150 shares of the company's stock in a transaction that occurred on 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 owns 6,446 shares in the company, valued at approximately $2,331,453.74. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP J William Koegel, Jr. sold 500 shares of the company'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 completion of the sale, the executive vice president now owns 23,385 shares of the company's stock, valued at approximately $8,827,369.80. The disclosure for this sale can be found here. 1.23% of the stock is currently owned by insiders.

CACI International Price Performance

NYSE:CACI traded up $3.99 during trading hours on Friday, reaching $414.95. 115,526 shares of the company's stock were exchanged, compared to its average volume of 129,483. The company has a market capitalization of $9.25 billion, a P/E ratio of 23.97, a price-to-earnings-growth ratio of 1.97 and a beta of 0.85. CACI International Inc has a 12 month low of $293.69 and a 12 month high of $416.94. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.48. The business's 50-day simple moving average is $377.37 and its two-hundred day simple moving average is $348.00.

CACI International (NYSE:CACI - Get Free Report) last issued its earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share for the quarter, topping analysts' consensus estimates of $5.55 by $0.19. The firm had revenue of $1.94 billion during the quarter, compared to analysts' expectations of $1.86 billion. CACI International had a net margin of 5.37% and a return on equity of 13.80%. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the firm posted $4.92 earnings per share. Sell-side analysts expect that CACI International Inc will post 20.36 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CACI. Robert W. Baird increased their price target on CACI International from $370.00 to $464.00 and gave the stock an "outperform" rating in a research note on Monday, April 8th. Truist Financial raised their target price on shares of CACI International from $385.00 to $410.00 and gave the company a "buy" rating in a research note on Tuesday, April 9th. Wells Fargo & Company upped their price target on shares of CACI International from $410.00 to $468.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 30th. JPMorgan Chase & Co. raised their price objective 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. Finally, Barclays boosted their target price on CACI International from $400.00 to $450.00 and gave the stock an "overweight" rating in a report on Tuesday, April 30th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, CACI International has a consensus rating of "Moderate Buy" and an average price target of $410.64.

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.