GAMMA Investing LLC Acquires 129 Shares of CACI International, Inc. $CACI

GAMMA Investing LLC lifted its holdings in CACI International, Inc. (NYSE:CACI) by 42.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 435 shares of the information technology services provider’s stock after purchasing an additional 129 shares during the quarter. GAMMA Investing LLC’s holdings in CACI International were worth $207,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CACI. Wayfinding Financial LLC acquired a new position in shares of CACI International in the first quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in CACI International by 180.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 140 shares of the information technology services provider’s stock worth $67,000 after purchasing an additional 90 shares during the period. Cary Street Partners Investment Advisory LLC increased its holdings in CACI International by 528.6% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 264 shares of the information technology services provider’s stock worth $97,000 after purchasing an additional 222 shares in the last quarter. TD Private Client Wealth LLC raised its stake in shares of CACI International by 21.0% in the 1st quarter. TD Private Client Wealth LLC now owns 305 shares of the information technology services provider’s stock valued at $112,000 after purchasing an additional 53 shares during the period. Finally, Covestor Ltd lifted its holdings in shares of CACI International by 26.9% in the first quarter. Covestor Ltd now owns 307 shares of the information technology services provider’s stock valued at $113,000 after purchasing an additional 65 shares in the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at CACI International

In other news, CEO John S. Mengucci sold 10,175 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $492.82, for a total value of $5,014,443.50. Following the completion of the sale, the chief executive officer directly owned 101,536 shares of the company’s stock, valued at $50,038,971.52. This trade represents a 9.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.10% of the stock is owned by corporate insiders.

CACI International Price Performance

Shares of CACI opened at $484.89 on Monday. The company has a market cap of $10.66 billion, a price-to-earnings ratio of 21.70, a PEG ratio of 1.82 and a beta of 0.65. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.73. The company’s fifty day simple moving average is $482.61 and its 200 day simple moving average is $454.81. CACI International, Inc. has a 1-year low of $318.60 and a 1-year high of $588.26.

CACI International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, August 6th. The information technology services provider reported $8.40 EPS for the quarter, beating analysts’ consensus estimates of $6.54 by $1.86. The company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.29 billion. CACI International had a net margin of 5.79% and a return on equity of 15.84%. The company’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the firm posted $6.61 EPS. On average, research analysts forecast that CACI International, Inc. will post 23.94 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CACI. Raymond James Financial reiterated a “market perform” rating on shares of CACI International in a report on Friday, August 8th. Truist Financial set a $575.00 price target on shares of CACI International in a research note on Friday, August 8th. Stifel Nicolaus lifted their price objective on shares of CACI International from $576.00 to $600.00 and gave the company a “buy” rating in a report on Friday, August 8th. William Blair upgraded shares of CACI International from a “market perform” rating to an “outperform” rating in a report on Monday, July 7th. Finally, Jefferies Financial Group lowered shares of CACI International from a “buy” rating to a “hold” rating and lowered their price target for the company from $570.00 to $535.00 in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $549.25.

CACI International Profile

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.