Driehaus Capital Management LLC Has $523,000 Stake in CACI International Inc (NYSE:CACI)

Driehaus Capital Management LLC grew its holdings in CACI International Inc (NYSE:CACI) by 125.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,215 shares of the information technology services provider’s stock after acquiring an additional 677 shares during the quarter. Driehaus Capital Management LLC’s holdings in CACI International were worth $523,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Versant Capital Management Inc grew its holdings in shares of 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 buying an additional 90 shares in the last quarter. GPS Wealth Strategies Group LLC grew its holdings in shares of CACI International by 35.1% during the second quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock worth $174,000 after buying an additional 105 shares in the last quarter. Covestor Ltd grew its holdings in shares of CACI International by 8.9% during the first quarter. Covestor Ltd now owns 624 shares of the information technology services provider’s stock worth $237,000 after buying an additional 51 shares in the last quarter. Fifth Third Wealth Advisors LLC bought a new position in shares of CACI International during the second quarter worth about $318,000. Finally, LRI Investments LLC bought a new position in CACI International in the first quarter valued at approximately $293,000. 86.43% of the stock is currently owned by institutional investors.

Insider Buying and Selling at CACI International

In other CACI International news, CEO John S. Mengucci sold 10,000 shares of CACI International stock in a transaction on Monday, August 19th. The stock was sold at an average price of $463.18, for a total value of $4,631,800.00. Following the completion of the transaction, the chief executive officer now directly owns 91,368 shares of the company’s stock, valued at approximately $42,319,830.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Gregory G. Johnson sold 300 shares of CACI International stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total value of $141,300.00. Following the transaction, the director now owns 5,910 shares in the company, valued at approximately $2,783,610. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO John S. Mengucci sold 10,000 shares of CACI International stock in a transaction on 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 completion of the transaction, the chief executive officer now owns 91,368 shares in the company, valued at approximately $42,319,830.24. The disclosure for this sale can be found here. Insiders sold 21,270 shares of company stock valued at $10,165,972 in the last three months. Corporate insiders own 1.23% of the company’s stock.

CACI International Price Performance

Shares of NYSE CACI opened at $504.56 on Tuesday. The stock has a market capitalization of $11.25 billion, a PE ratio of 29.15, a P/E/G ratio of 2.11 and a beta of 0.93. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.27 and a quick ratio of 1.27. The business has a fifty day moving average price of $471.79 and a two-hundred day moving average price of $431.32. CACI International Inc has a fifty-two week low of $302.21 and a fifty-two week high of $504.59.

CACI International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, August 7th. The information technology services provider reported $6.61 earnings per share for the quarter, beating the consensus estimate of $5.93 by $0.68. The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.93 billion. CACI International had a return on equity of 14.31% and a net margin of 5.48%. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $5.30 EPS. As a group, equities analysts predict that CACI International Inc will post 23.07 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Bank of America raised their price target on CACI International from $535.00 to $555.00 and gave the company a “buy” rating in a research note on Tuesday, September 17th. Raymond James downgraded CACI International from an “outperform” rating to a “market perform” rating in a research note on Monday, August 5th. JPMorgan Chase & Co. raised their price target on CACI International from $383.00 to $458.00 and gave the company an “overweight” rating in a research note on Wednesday, July 10th. Truist Financial raised their price objective on CACI International from $500.00 to $520.00 and gave the company a “buy” rating in a research report on Thursday, September 5th. Finally, Barclays raised their price objective on CACI International from $450.00 to $500.00 and gave the company an “overweight” rating in a research report on Monday, August 12th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $465.00.

CACI International Profile

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.