Amalgamated Bank Sells 3,313 Shares of CACI International Inc (NYSE:CACI)

Amalgamated Bank cut its holdings in CACI International Inc (NYSE:CACI - Free Report) by 23.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,622 shares of the information technology services provider's stock after selling 3,313 shares during the quarter. Amalgamated Bank's holdings in CACI International were worth $5,359,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Lord Abbett & CO. LLC bought a new position in CACI International in the first quarter valued at about $18,271,000. Van ECK Associates Corp raised its position in CACI International by 42.5% in the third quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider's stock valued at $60,917,000 after purchasing an additional 34,647 shares during the last quarter. M&R Capital Management Inc. raised its position in CACI International by 487.2% in the second quarter. M&R Capital Management Inc. now owns 16,930 shares of the information technology services provider's stock valued at $7,282,000 after purchasing an additional 14,047 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its position in CACI International by 26.7% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 48,923 shares of the information technology services provider's stock valued at $21,043,000 after purchasing an additional 10,295 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its position in CACI International by 1.7% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider's stock valued at $146,623,000 after purchasing an additional 5,610 shares during the last quarter. 86.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on CACI shares. The Goldman Sachs Group raised their price objective on CACI International from $471.00 to $520.00 and gave the stock a "neutral" rating in a research report on Friday, October 25th. Bank of America raised their price objective on CACI International from $535.00 to $555.00 and gave the stock a "buy" rating in a research report on Tuesday, September 17th. Wells Fargo & Company raised their price objective on CACI International from $525.00 to $577.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 1st. JPMorgan Chase & Co. raised their price objective on CACI International from $520.00 to $555.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 2nd. Finally, Truist Financial restated a "buy" rating and set a $650.00 price objective (up from $520.00) on shares of CACI International in a research report on Friday, October 25th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, CACI International presently has a consensus rating of "Moderate Buy" and an average price target of $545.70.

CACI International Stock Up 1.5 %

CACI International stock traded up $8.26 during mid-day trading on Friday, reaching $567.93. The stock had a trading volume of 107,484 shares, compared to its average volume of 113,328. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.75 and a current ratio of 1.75. CACI International Inc has a fifty-two week low of $314.06 and a fifty-two week high of $588.26. The stock's 50-day simple moving average is $512.10 and its 200-day simple moving average is $462.15. The firm has a market capitalization of $12.73 billion, a PE ratio of 27.71, a price-to-earnings-growth ratio of 2.17 and a beta of 0.91.

CACI International (NYSE:CACI - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, beating analysts' consensus estimates of $5.08 by $0.85. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The firm had revenue of $2.06 billion during the quarter, compared to analysts' expectations of $1.92 billion. During the same quarter last year, the firm posted $4.36 earnings per share. The company's revenue for the quarter was up 11.2% compared to the same quarter last year. On average, sell-side analysts forecast that CACI International Inc will post 23.3 EPS for the current fiscal year.

Insider Buying and Selling at CACI International

In related news, Director Gregory G. Johnson sold 300 shares of CACI International stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total transaction of $141,300.00. Following the transaction, the director now owns 5,910 shares of the company's stock, valued at $2,783,610. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, insider Gregory R. Bradford sold 10,000 shares of CACI International stock in a transaction on Monday, September 16th. The stock was sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the sale, the insider now directly owns 35,538 shares in the company, valued at approximately $17,499,266.58. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 sale, the director now owns 5,910 shares in the company, valued at $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. Over the last quarter, insiders sold 21,270 shares of company stock valued at $10,165,972. Company insiders own 1.35% of the company's stock.

CACI International Company 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.