CACI International Inc (NYSE:CACI) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. trimmed its holdings in shares of CACI International Inc (NYSE:CACI) by 8.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,016 shares of the information technology services provider’s stock after selling 3,290 shares during the period. Russell Investments Group Ltd.’s holdings in CACI International were worth $11,988,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CACI. Cetera Trust Company N.A purchased a new position in shares of CACI International in the 4th quarter valued at $308,000. Cornerstone Investment Partners LLC raised its position in 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 valued at $621,000 after purchasing an additional 733 shares during the period. Strs Ohio lifted its stake in shares of CACI International by 10.9% during the fourth quarter. Strs Ohio now owns 27,704 shares of the information technology services provider’s stock worth $8,972,000 after purchasing an additional 2,721 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. boosted its position in shares of CACI International by 65.2% in the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 68,139 shares of the information technology services provider’s stock worth $22,067,000 after buying an additional 26,887 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH acquired a new stake in shares of CACI International in the fourth quarter valued at about $18,360,000. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CACI has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their price target on CACI International from $375.00 to $383.00 and gave the stock an “overweight” rating in a report on Tuesday, February 6th. Barclays raised their price target on shares of CACI International from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Tuesday, April 30th. StockNews.com upgraded shares of CACI International from a “hold” rating to a “buy” rating in a report on Thursday, April 25th. The Goldman Sachs Group boosted their price target on CACI International from $379.00 to $425.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 16th. Finally, Truist Financial raised their price objective on CACI International from $385.00 to $410.00 and gave the company a “buy” rating in a research note on Tuesday, April 9th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $410.64.

CACI International Stock Performance

Shares of CACI stock opened at $414.95 on Friday. The company has a market cap of $9.25 billion, a P/E ratio of 23.97, a PEG ratio of 1.95 and a beta of 0.85. The business has a 50 day moving average of $377.37 and a two-hundred day moving average of $348.00. CACI International Inc has a 52 week low of $293.69 and a 52 week 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.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.55 by $0.19. The business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.86 billion. CACI International had a return on equity of 13.80% and a net margin of 5.37%. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.92 EPS. As a group, analysts anticipate that CACI International Inc will post 20.36 EPS for the current year.

Insider Activity

In related news, Director Gregory G. Johnson sold 150 shares of the 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 sale, the director now owns 6,446 shares of the company’s stock, valued at approximately $2,331,453.74. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, Director Gregory G. Johnson sold 150 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $361.69, for a total value 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP J William Koegel, Jr. sold 500 shares of CACI International stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total value of $188,740.00. Following the sale, the executive vice president now directly owns 23,385 shares in the company, valued at approximately $8,827,369.80. The disclosure for this sale can be found here. Corporate insiders own 1.23% of the company’s stock.

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.