CACI International Inc (NYSE:CACI) Short Interest Update

CACI International Inc (NYSE:CACI) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 493,600 shares, a growth of 43.8% from the November 15th total of 343,200 shares. Approximately 2.2% of the shares of the company are sold short. Based on an average daily volume of 178,900 shares, the short-interest ratio is currently 2.8 days.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on CACI shares. Truist Financial reduced their price objective on shares of CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a research note on Friday, November 22nd. Wells Fargo & Company cut their target price on shares of CACI International from $637.00 to $564.00 and set an “overweight” rating for the company in a research note on Tuesday, November 26th. Robert W. Baird boosted their target price on CACI International from $533.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. The Goldman Sachs Group lowered CACI International from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $540.00 to $373.00 in a research report on Thursday. Finally, Bank of America lifted their price objective on CACI International from $535.00 to $555.00 and gave the company a “buy” rating in a research note on Tuesday, September 17th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $524.45.

Insider Transactions at CACI International

In related news, insider Gregory R. Bradford sold 10,000 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $492.41, for a total value of $4,924,100.00. Following the completion of the transaction, the insider now directly owns 35,538 shares of the company’s stock, valued at approximately $17,499,266.58. This trade represents a 21.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.35% of the company’s stock.

Institutional Trading of CACI International

Several hedge funds and other institutional investors have recently bought and sold shares of the company. First Horizon Advisors Inc. lifted its stake in shares of CACI International by 40.0% in 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 during the period. UMB Bank n.a. boosted its stake in CACI International by 81.4% in the 3rd quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock worth $39,000 after purchasing an additional 35 shares during the period. Coastline Trust Co purchased a new position in shares of CACI International during the 3rd quarter valued at $45,000. Rosenberg Matthew Hamilton raised its holdings in shares of CACI International by 9.8% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock valued at $107,000 after purchasing an additional 19 shares in the last quarter. Finally, TD Private Client Wealth LLC raised its position in shares of CACI International by 49.1% in the third quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider’s stock valued at $127,000 after purchasing an additional 83 shares during the period. 86.43% of the stock is owned by institutional investors.

CACI International Stock Performance

NYSE:CACI opened at $414.00 on Friday. CACI International has a twelve month low of $314.06 and a twelve month high of $588.26. The company has a market capitalization of $9.28 billion, a P/E ratio of 20.52, a price-to-earnings-growth ratio of 1.33 and a beta of 0.85. The firm has a 50-day moving average price of $505.01 and a two-hundred day moving average price of $472.22. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, topping analysts’ consensus estimates of $5.08 by $0.85. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The company had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same period last year, the business posted $4.36 EPS. The company’s quarterly revenue was up 11.2% compared to the same quarter last year. As a group, research analysts expect that CACI International will post 23.45 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.