CACI International Inc (NYSE:CACI) Short Interest Up 40.7% in March

CACI International Inc (NYSE:CACI) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,590,000 shares, a growth of 40.7% from the February 28th total of 1,130,000 shares. Approximately 7.2% of the company’s stock are sold short. Based on an average daily volume of 490,200 shares, the short-interest ratio is currently 3.2 days.

Analyst Ratings Changes

A number of analysts have commented on the company. StockNews.com downgraded CACI International from a “buy” rating to a “hold” rating in a research report on Saturday, January 25th. UBS Group began coverage on CACI International in a research report on Monday, December 2nd. They issued a “buy” rating and a $557.00 price objective on the stock. Wells Fargo & Company reduced their target price on shares of CACI International from $536.00 to $480.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. William Blair downgraded shares of CACI International from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Finally, Raymond James reissued an “outperform” rating and set a $490.00 price objective (up previously from $475.00) on shares of CACI International in a research note on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $517.31.

Insider Buying and Selling at CACI International

In related news, Director Debora A. Plunkett sold 309 shares of the business’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total value of $112,358.58. Following the transaction, the director now owns 2,315 shares in the company, valued at $841,780.30. The trade was a 11.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.35% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. UMB Bank n.a. grew its stake in shares of CACI International by 37.2% during the fourth quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after acquiring an additional 29 shares in the last quarter. GAMMA Investing LLC raised its stake in CACI International by 69.4% during the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after buying an additional 50 shares in the last quarter. VSM Wealth Advisory LLC bought a new position in CACI International during the 4th quarter worth approximately $69,000. Jones Financial Companies Lllp increased its holdings in shares of CACI International by 452.8% in the 4th quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock valued at $80,000 after acquiring an additional 163 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its position in shares of CACI International by 49.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider’s stock valued at $127,000 after acquiring an additional 83 shares in the last quarter. 86.43% of the stock is owned by hedge funds and other institutional investors.

CACI International Trading Down 0.6 %

NYSE:CACI traded down $2.44 on Friday, hitting $373.55. 277,099 shares of the stock were exchanged, compared to its average volume of 229,626. The stock has a market cap of $8.37 billion, a PE ratio of 17.52, a PEG ratio of 1.01 and a beta of 0.88. CACI International has a fifty-two week low of $318.60 and a fifty-two week high of $588.26. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80. The stock has a fifty day moving average of $372.72 and a 200-day moving average of $441.07.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. As a group, equities analysts expect that CACI International will post 23.94 earnings per share for the current fiscal year.

About CACI International

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.