CACI International Inc (NYSE:CACI) Shares Sold by Martingale Asset Management L P

Martingale Asset Management L P reduced its stake in shares of CACI International Inc (NYSE:CACI) by 14.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,940 shares of the information technology services provider’s stock after selling 6,543 shares during the period. Martingale Asset Management L P owned 0.17% of CACI International worth $19,648,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. First Horizon Advisors Inc. lifted its position in CACI International by 40.0% during the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock worth $32,000 after buying an additional 18 shares in the last quarter. UMB Bank n.a. boosted its position in shares of CACI International by 81.4% during the 3rd quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after acquiring an additional 35 shares during the last quarter. Coastline Trust Co purchased a new stake in shares of CACI International in the third quarter valued at about $45,000. Versant Capital Management Inc increased its position in CACI International by 900.0% during the second quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock worth $43,000 after purchasing an additional 90 shares during the last quarter. Finally, Rosenberg Matthew Hamilton raised its stake in CACI International by 9.8% during the third quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after purchasing an additional 19 shares during the period. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

CACI International Stock Down 2.6 %

Shares of CACI International stock opened at $460.29 on Friday. The company has a market capitalization of $10.31 billion, a P/E ratio of 22.81, a P/E/G ratio of 1.44 and a beta of 0.91. The company has a 50 day moving average of $516.23 and a 200 day moving average of $470.90. CACI International Inc has a 52-week low of $314.06 and a 52-week high of $588.26. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48.

CACI International (NYSE:CACI) last posted its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, beating analysts’ consensus estimates of $5.08 by $0.85. The company had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $1.92 billion. CACI International had a return on equity of 14.78% and a net margin of 5.77%. CACI International’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period last year, the firm earned $4.36 earnings per share. As a group, research analysts forecast that CACI International Inc will post 23.45 EPS for the current fiscal year.

Insider Activity at CACI International

In related news, insider Gregory R. Bradford sold 10,000 shares of the business’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 sale, the insider now directly owns 35,538 shares of the company’s stock, valued at $17,499,266.58. The trade was a 21.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.35% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. The Goldman Sachs Group lifted their price target on shares of CACI International from $471.00 to $520.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. TD Cowen boosted their price objective on shares of CACI International from $545.00 to $570.00 and gave the company a “buy” rating in a report on Friday, October 25th. Wells Fargo & Company reduced their price target on shares of CACI International from $637.00 to $564.00 and set an “overweight” rating on the stock in a research note on Tuesday. Barclays increased their price objective on shares of CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Finally, JPMorgan Chase & Co. boosted their target price on CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $535.90.

CACI International 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.