Bessemer Group Inc. cut its position in shares of CACI International, Inc. (NYSE:CACI – Free Report) by 64.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 861 shares of the information technology services provider’s stock after selling 1,570 shares during the quarter. Bessemer Group Inc.’s holdings in CACI International were worth $411,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. V Square Quantitative Management LLC purchased a new stake in CACI International in the second quarter valued at approximately $25,000. Wayfinding Financial LLC purchased a new stake in CACI International in the first quarter valued at approximately $27,000. Trust Co. of Toledo NA OH purchased a new stake in CACI International in the second quarter valued at approximately $55,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in CACI International by 180.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 140 shares of the information technology services provider’s stock valued at $67,000 after purchasing an additional 90 shares during the period. Finally, Cary Street Partners Investment Advisory LLC grew its holdings in CACI International by 528.6% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 264 shares of the information technology services provider’s stock valued at $97,000 after purchasing an additional 222 shares during the period. 86.43% of the stock is currently owned by hedge funds and other institutional investors.
CACI International Trading Down 0.2%
CACI opened at $562.00 on Monday. The stock has a market capitalization of $12.41 billion, a PE ratio of 24.81, a P/E/G ratio of 2.04 and a beta of 0.63. The firm’s fifty day moving average price is $509.12 and its 200 day moving average price is $480.71. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.54 and a quick ratio of 1.54. CACI International, Inc. has a 12-month low of $318.60 and a 12-month high of $596.95.
Insider Transactions at CACI International
In other CACI International news, CEO John S. Mengucci sold 10,175 shares of the business’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $492.82, for a total transaction of $5,014,443.50. Following the completion of the sale, the chief executive officer owned 101,536 shares in the company, valued at $50,038,971.52. The trade was a 9.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on CACI shares. UBS Group boosted their target price on shares of CACI International from $639.00 to $759.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Cantor Fitzgerald boosted their target price on shares of CACI International from $535.00 to $675.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Cowen reissued a “buy” rating on shares of CACI International in a research report on Friday, October 24th. JPMorgan Chase & Co. boosted their target price on shares of CACI International from $575.00 to $645.00 and gave the stock an “overweight” rating in a research report on Monday, October 27th. Finally, William Blair raised shares of CACI International from a “market perform” rating to an “outperform” rating in a research report on Monday, July 7th. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $606.75.
Read Our Latest Stock Report on CACI International
CACI International Company 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.
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