American International Group Inc. Sells 2,030 Shares of CACI International Inc (NYSE:CACI)

American International Group Inc. decreased its position in CACI International Inc (NYSE:CACI) by 6.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 30,090 shares of the information technology services provider’s stock after selling 2,030 shares during the quarter. American International Group Inc.’s holdings in CACI International were worth $9,745,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in CACI. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of CACI International in the 3rd quarter valued at approximately $12,267,000. Eagle Asset Management Inc. grew its stake in shares of CACI International by 8.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 11,284 shares of the information technology services provider’s stock valued at $3,542,000 after buying an additional 833 shares in the last quarter. Covestor Ltd lifted its holdings in CACI International by 9.1% in the 3rd quarter. Covestor Ltd now owns 540 shares of the information technology services provider’s stock worth $170,000 after purchasing an additional 45 shares during the last quarter. Private Capital Advisors Inc. lifted its holdings in CACI International by 1.5% in the 3rd quarter. Private Capital Advisors Inc. now owns 44,157 shares of the information technology services provider’s stock worth $14,340,000 after purchasing an additional 639 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its holdings in CACI International by 32.7% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 12,583 shares of the information technology services provider’s stock worth $3,951,000 after purchasing an additional 3,104 shares during the last quarter. Institutional investors own 86.43% of the company’s stock.

Insider Activity at CACI International

In other CACI International news, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the stock in a transaction on Monday, May 13th. The stock was sold at an average price of $427.50, for a total transaction of $812,250.00. Following the completion of the transaction, the chief financial officer now directly owns 519 shares in the company, valued at $221,872.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the firm’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $427.50, for a total value of $812,250.00. Following the completion of the sale, the chief financial officer now directly owns 519 shares in the company, valued at $221,872.50. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Gregory G. Johnson sold 200 shares of the firm’s stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $428.19, for a total value of $85,638.00. Following the completion of the sale, the director now owns 6,078 shares of the company’s stock, valued at $2,602,538.82. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,100 shares of company stock worth $1,755,028. 1.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. TD Cowen boosted their target price on CACI International from $400.00 to $435.00 and gave the stock a “buy” rating in a report on Monday, May 6th. The Goldman Sachs Group boosted their target price on CACI International from $379.00 to $425.00 and gave the stock a “neutral” rating in a report on Tuesday, April 16th. Wells Fargo & Company boosted their target price on CACI International from $410.00 to $468.00 and gave the stock an “overweight” rating in a report on Tuesday, April 30th. Barclays boosted their target price on CACI International from $400.00 to $450.00 and gave the stock an “overweight” rating in a report on Tuesday, April 30th. Finally, Stifel Nicolaus boosted their target price on CACI International from $390.00 to $430.00 and gave the stock a “buy” rating in a report on Tuesday, April 23rd. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $415.45.

CACI International Stock Up 0.4 %

Shares of CACI stock opened at $432.17 on Wednesday. CACI International Inc has a 12 month low of $302.21 and a 12 month high of $432.54. The firm has a market cap of $9.64 billion, a PE ratio of 24.97, a price-to-earnings-growth ratio of 2.01 and a beta of 0.90. The stock has a 50 day moving average of $409.04 and a 200-day moving average of $370.07. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.48.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 EPS for the quarter, topping analysts’ consensus estimates of $5.55 by $0.19. The company had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.86 billion. CACI International had a return on equity of 13.80% and a net margin of 5.37%. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the company earned $4.92 earnings per share. On average, equities analysts predict that CACI International Inc will post 20.35 EPS for the current year.

About CACI International

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.