CACI International (NYSE:CACI) Trading Down 4.7% – Time to Sell?

CACI International Inc (NYSE:CACI) fell 4.7% during mid-day trading on Thursday . The stock traded as low as $367.95 and last traded at $368.79. 144,484 shares changed hands during trading, a decline of 72% from the average session volume of 521,420 shares. The stock had previously closed at $386.89.

Wall Street Analysts Forecast Growth

CACI has been the subject of a number of recent research reports. Raymond James reiterated an “outperform” rating and issued a $490.00 target price (up previously from $475.00) on shares of CACI International in a report on Thursday, January 23rd. Jefferies Financial Group raised shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 target price on the stock in a research note on Thursday, January 16th. TD Cowen dropped their price target on shares of CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Cantor Fitzgerald upgraded CACI International to a “strong-buy” rating in a research report on Tuesday, February 25th. Finally, The Goldman Sachs Group downgraded CACI International from a “neutral” rating to a “sell” rating and cut their price objective for the company from $540.00 to $373.00 in a research report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $521.92.

CACI International Price Performance

The firm has a market capitalization of $8.21 billion, a PE ratio of 17.17, a P/E/G ratio of 1.01 and a beta of 0.88. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52. The stock has a fifty day moving average price of $380.18 and a 200-day moving average price of $444.97.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. Sell-side analysts forecast that CACI International Inc will post 23.94 EPS for the current fiscal year.

Insiders Place Their Bets

In other CACI International news, Director Debora A. Plunkett sold 309 shares of the 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 completion of the sale, the director now directly owns 2,315 shares in the company, valued at approximately $841,780.30. This trade represents a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.35% of the company’s stock.

Hedge Funds Weigh In On CACI International

Institutional investors and hedge funds have recently modified their holdings of the stock. First Horizon Advisors Inc. boosted its stake in shares of CACI International by 40.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock worth $32,000 after acquiring an additional 18 shares in the last quarter. UMB Bank n.a. raised its stake in shares of CACI International by 37.2% during the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock worth $43,000 after buying an additional 29 shares during the period. GAMMA Investing LLC grew its stake in CACI International by 69.4% in the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after acquiring an additional 50 shares during the period. VSM Wealth Advisory LLC purchased a new stake in CACI International in the 4th quarter worth $69,000. Finally, Jones Financial Companies Lllp increased its stake in shares of CACI International by 452.8% during the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock worth $80,000 after purchasing an additional 163 shares in the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

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.