CACI International Inc (NYSE:CACI) Shares Acquired by New York State Common Retirement Fund

New York State Common Retirement Fund increased its holdings in CACI International Inc (NYSE:CACI) by 13.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,853 shares of the information technology services provider’s stock after acquiring an additional 3,700 shares during the quarter. New York State Common Retirement Fund’s holdings in CACI International were worth $16,072,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. UMB Bank n.a. increased its holdings in shares of 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 valued at $39,000 after acquiring an additional 35 shares during the period. Versant Capital Management Inc increased its stake in CACI International by 900.0% in the 2nd quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock valued at $43,000 after buying an additional 90 shares during the period. Rosenberg Matthew Hamilton increased its stake in CACI International by 9.8% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock valued at $107,000 after buying an additional 19 shares during the period. GPS Wealth Strategies Group LLC increased its stake in CACI International by 35.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock valued at $174,000 after buying an additional 105 shares during the period. Finally, Argent Capital Management LLC acquired a new position in CACI International in the 3rd quarter valued at $208,000. 86.43% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Robert W. Baird boosted their price objective on shares of CACI International from $533.00 to $640.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. boosted their price objective on shares of CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research note on Wednesday, October 2nd. Barclays boosted their price objective on shares of CACI International from $500.00 to $610.00 and gave the company an “overweight” rating in a research note on Tuesday, October 29th. Truist Financial restated a “buy” rating and set a $650.00 target price (up from $520.00) on shares of CACI International in a research report on Friday, October 25th. Finally, Bank of America boosted their target price on shares of CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a research report on Tuesday, September 17th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $545.70.

CACI International Price Performance

CACI International stock opened at $564.75 on Wednesday. CACI International Inc has a 52 week low of $314.06 and a 52 week high of $570.28. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. The firm’s 50-day simple moving average is $507.06 and its 200 day simple moving average is $459.37. The firm has a market capitalization of $12.66 billion, a PE ratio of 27.99, a P/E/G ratio of 2.17 and a beta of 0.91.

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 the consensus estimate of $5.08 by $0.85. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.92 billion. During the same period in the previous year, the firm earned $4.36 EPS. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. On average, equities research analysts predict that CACI International Inc will post 23.3 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO John S. Mengucci sold 10,000 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $463.18, for a total value of $4,631,800.00. Following the sale, the chief executive officer now directly owns 91,368 shares in the company, valued at $42,319,830.24. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other CACI International news, CEO John S. Mengucci sold 10,000 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $463.18, for a total value of $4,631,800.00. Following the transaction, the chief executive officer now directly owns 91,368 shares in the company, valued at approximately $42,319,830.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gregory G. Johnson sold 300 shares of the company’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $471.00, for a total transaction of $141,300.00. Following the completion of the transaction, the director now owns 5,910 shares in the company, valued at approximately $2,783,610. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,270 shares of company stock worth $10,165,972 in the last three months. Corporate insiders own 1.35% of the company’s stock.

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.