CACI International (NYSE:CACI) Trading Down 4.7% – Should You Sell?

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CACI shares. Truist Financial cut their target price on CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. UBS Group began coverage on shares of CACI International in a research note on Monday, December 2nd. They issued a “buy” rating and a $557.00 target price on the stock. Cantor Fitzgerald upgraded shares of CACI International to a “strong-buy” rating in a report on Tuesday, February 25th. StockNews.com downgraded shares of CACI International from a “buy” rating to a “hold” rating in a report on Saturday, January 25th. Finally, TD Cowen dropped their target price on CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $521.92.

CACI International Trading Down 4.7 %

The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80. The stock has a 50-day simple moving average of $382.41 and a two-hundred day simple moving average of $446.34. The firm has a market capitalization of $8.26 billion, a P/E ratio of 17.27, a price-to-earnings-growth ratio of 1.01 and a beta of 0.88.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. On average, equities research analysts anticipate that CACI International Inc will post 23.94 earnings per share for the current year.

Insider Activity at CACI International

In related news, Director Debora A. Plunkett sold 309 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total transaction of $112,358.58. Following the completion of the sale, the director now owns 2,315 shares of the company’s stock, valued at $841,780.30. This represents a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.35% of the stock is owned by corporate insiders.

Institutional Trading of CACI International

A number of institutional investors have recently made changes to their positions in the business. 111 Capital acquired a new stake in CACI International in the fourth quarter worth about $479,000. Toronto Dominion Bank grew its position in CACI International by 261.5% during the 4th quarter. Toronto Dominion Bank now owns 1,316 shares of the information technology services provider’s stock worth $531,000 after purchasing an additional 952 shares during the last quarter. Studio Investment Management LLC increased its stake in CACI International by 22.4% during the 4th quarter. Studio Investment Management LLC now owns 1,670 shares of the information technology services provider’s stock valued at $675,000 after purchasing an additional 306 shares in the last quarter. Lazard Asset Management LLC raised its holdings in shares of CACI International by 62.3% in the fourth quarter. Lazard Asset Management LLC now owns 14,214 shares of the information technology services provider’s stock worth $5,741,000 after buying an additional 5,458 shares during the last quarter. Finally, Ethic Inc. grew its holdings in shares of CACI International by 110.5% during the fourth quarter. Ethic Inc. now owns 1,745 shares of the information technology services provider’s stock valued at $705,000 after buying an additional 916 shares during the last quarter. Institutional investors and hedge funds own 86.43% 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.