Hudson Edge Investment Partners Inc. Has $1.10 Million Stake in CACI International, Inc. $CACI

Hudson Edge Investment Partners Inc. grew its stake in shares of CACI International, Inc. (NYSE:CACI) by 11.6% in the second quarter, Holdings Channel reports. The institutional investor owned 2,304 shares of the information technology services provider’s stock after purchasing an additional 240 shares during the period. Hudson Edge Investment Partners Inc.’s holdings in CACI International were worth $1,098,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in CACI. V Square Quantitative Management LLC bought a new position in CACI International during the second quarter valued at about $25,000. Wayfinding Financial LLC acquired a new stake in shares of CACI International during the 1st quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of CACI International by 180.0% during 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. Cary Street Partners Investment Advisory LLC raised its stake in shares of 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 in the last quarter. Finally, Steph & Co. bought a new position in CACI International in the second quarter worth $102,000. 86.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CACI. Truist Financial set a $575.00 price objective on shares of CACI International in a research note on Friday, August 8th. Jefferies Financial Group cut shares of CACI International from a “buy” rating to a “hold” rating and lowered their target price for the company from $570.00 to $535.00 in a research note on Wednesday, August 6th. Raymond James Financial restated a “market perform” rating on shares of CACI International in a research note on Friday, August 8th. Stifel Nicolaus upped their price objective on CACI International from $576.00 to $600.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Finally, The Goldman Sachs Group raised CACI International from a “sell” rating to a “buy” rating and increased their target price for the stock from $407.00 to $544.00 in a report on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, CACI International presently has an average rating of “Moderate Buy” and an average price target of $548.73.

Insider Transactions at CACI International

In other CACI International news, CEO John S. Mengucci sold 10,175 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 101,536 shares in the company, valued at approximately $50,038,971.52. This represents a 9.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.

CACI International Trading Up 0.8%

CACI opened at $519.04 on Friday. CACI International, Inc. has a 1-year low of $318.60 and a 1-year high of $588.26. 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 firm has a 50-day moving average price of $484.67 and a two-hundred day moving average price of $457.21. The stock has a market capitalization of $11.41 billion, a PE ratio of 23.22, a PEG ratio of 1.93 and a beta of 0.63.

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 firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.29 billion. CACI International had a return on equity of 15.84% and a net margin of 5.79%.The business’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same period last year, the company earned $6.61 EPS. As a group, equities analysts anticipate that CACI International, Inc. will post 23.94 earnings per share for the current fiscal year.

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.