CACI International Inc (NYSE:CACI) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky reduced its stake in shares of CACI International Inc (NYSE:CACI - Free Report) by 35.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,292 shares of the information technology services provider's stock after selling 3,979 shares during the quarter. Teachers Retirement System of The State of Kentucky's holdings in CACI International were worth $3,679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of CACI. First Horizon Advisors Inc. lifted its position in shares of CACI International by 40.0% in the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider's stock worth $32,000 after buying an additional 18 shares in the last quarter. UMB Bank n.a. increased its stake in 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 worth $39,000 after acquiring an additional 35 shares during the last quarter. Coastline Trust Co purchased a new stake in shares of CACI International during the 3rd quarter worth approximately $45,000. Rosenberg Matthew Hamilton boosted its position in shares of CACI International by 9.8% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider's stock valued at $107,000 after acquiring an additional 19 shares during the last quarter. Finally, Toronto Dominion Bank purchased a new position in shares of CACI International in the third quarter valued at $184,000. Institutional investors own 86.43% of the company's stock.

CACI International Trading Down 1.0 %

Shares of CACI traded down $4.09 during trading hours on Friday, reaching $409.91. 334,416 shares of the company traded hands, compared to its average volume of 132,865. The stock's fifty day moving average price is $502.96 and its 200 day moving average price is $472.08. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. The firm has a market cap of $9.19 billion, a price-to-earnings ratio of 20.31, a PEG ratio of 1.33 and a beta of 0.85. CACI International Inc has a 12-month low of $314.06 and a 12-month high of $588.26.

CACI International (NYSE:CACI - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.08 by $0.85. The company had revenue of $2.06 billion during the quarter, compared to analysts' expectations of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The firm's quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the previous year, the company earned $4.36 EPS. Sell-side analysts forecast that CACI International Inc will post 23.45 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have commented on CACI shares. Truist Financial lowered their price objective on shares of CACI International from $650.00 to $550.00 and set a "buy" rating for the company in a research report on Friday, November 22nd. Wells Fargo & Company dropped their price target on CACI International from $637.00 to $564.00 and set an "overweight" rating for the company in a research report on Tuesday, November 26th. JPMorgan Chase & Co. boosted their price objective on CACI International from $520.00 to $555.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 2nd. Bank of America raised their price objective on CACI International from $535.00 to $555.00 and gave the company a "buy" rating in a research note on Tuesday, September 17th. Finally, UBS Group began coverage on CACI International in a research report on Monday, December 2nd. They set a "buy" rating and a $557.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $524.45.

Insider Buying and Selling at CACI International

In related news, insider Gregory R. Bradford sold 10,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the completion of the sale, the insider now owns 35,538 shares of the company's stock, valued at $17,499,266.58. This represents a 21.96 % 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 currently owned by corporate insiders.

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.