Caci International Inc (NYSE:CACI) Director Sells $108,635.00 in Stock

Caci International Inc (NYSE:CACI) Director James L. Pavitt sold 500 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $217.27, for a total transaction of $108,635.00. Following the sale, the director now directly owns 6,224 shares in the company, valued at $1,352,288.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of CACI stock traded up $0.28 during trading hours on Thursday, reaching $226.66. 5,917 shares of the company were exchanged, compared to its average volume of 198,262. Caci International Inc has a fifty-two week low of $138.39 and a fifty-two week high of $229.37. The stock’s fifty day moving average is $214.91 and its two-hundred day moving average is $201.97. The company has a market cap of $5.38 billion, a price-to-earnings ratio of 21.69, a P/E/G ratio of 1.79 and a beta of 1.32. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.49 and a quick ratio of 1.49.

Caci International (NYSE:CACI) last announced its earnings results on Wednesday, August 14th. The information technology services provider reported $1.96 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.12 by ($0.16). Caci International had a return on equity of 11.61% and a net margin of 5.33%. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the previous year, the company posted $2.05 earnings per share. Caci International’s revenue for the quarter was up 17.4% on a year-over-year basis. On average, research analysts anticipate that Caci International Inc will post 12.05 earnings per share for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of CACI. FNY Investment Advisers LLC bought a new stake in shares of Caci International during the second quarter worth $79,000. Marshall Wace LLP bought a new stake in shares of Caci International during the first quarter worth $93,000. Flagship Harbor Advisors LLC increased its position in shares of Caci International by 50.5% during the second quarter. Flagship Harbor Advisors LLC now owns 829 shares of the information technology services provider’s stock worth $169,000 after acquiring an additional 278 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new stake in shares of Caci International during the second quarter worth $206,000. Finally, Laurel Wealth Advisors Inc. bought a new stake in shares of Caci International during the first quarter worth $240,000. Institutional investors own 86.63% of the company’s stock.

Several brokerages have weighed in on CACI. Wells Fargo & Co upped their price objective on shares of Caci International from $225.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, June 20th. Credit Suisse Group reiterated a “buy” rating and set a $269.00 target price on shares of Caci International in a research report on Thursday. Goldman Sachs Group reiterated a “buy” rating and set a $258.00 target price on shares of Caci International in a research report on Wednesday. Morgan Stanley upped their target price on shares of Caci International from $215.00 to $224.00 and gave the stock an “equal weight” rating in a research report on Monday, June 24th. Finally, Citigroup lowered shares of Caci International from a “buy” rating to a “neutral” rating and upped their target price for the stock from $200.00 to $230.00 in a research report on Tuesday, July 9th. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $225.33.

Caci International Company Profile

CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions in the areas of financial, human capital, asset and materials, and administrative management; develops, integrates, and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge.

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Insider Buying and Selling by Quarter for Caci International (NYSE:CACI)

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