CACI International (NYSE:CACI) Shares Down 4.7% - Should You Sell?

CACI International Inc (NYSE:CACI - Get Free Report)'s stock price fell 4.7% during mid-day trading on Thursday . The company traded as low as $367.95 and last traded at $368.79. 144,484 shares changed hands during trading, a decline of 72% from the average session volume of 521,420 shares. The stock had previously closed at $386.89.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CACI shares. Raymond James reissued an "outperform" rating and set a $490.00 price objective (up previously from $475.00) on shares of CACI International in a report on Thursday, January 23rd. StockNews.com downgraded shares of CACI International from a "buy" rating to a "hold" rating in a report on Saturday, January 25th. UBS Group assumed coverage on shares of CACI International in a research note on Monday, December 2nd. They set a "buy" rating and a $557.00 price objective for the company. Jefferies Financial Group upgraded shares of CACI International from a "hold" rating to a "buy" rating and set a $515.00 target price on the stock in a research note on Thursday, January 16th. Finally, Robert W. Baird restated an "outperform" rating and set a $640.00 price target on shares of CACI International in a research report on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $521.92.

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CACI International Trading Up 1.4 %

The stock has a fifty day moving average of $380.18 and a two-hundred day moving average of $444.51. The company has a market capitalization of $8.33 billion, a PE ratio of 17.39, a PEG ratio of 1.01 and a beta of 0.88. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80.

CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. As a group, sell-side analysts anticipate that CACI International Inc will post 23.94 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Debora A. Plunkett sold 309 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was 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 approximately $841,780.30. This represents a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.35% of the company's stock.

Institutional Investors Weigh In On CACI International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CACI. Sterling Capital Management LLC increased its position in shares of CACI International by 256.0% in the fourth quarter. Sterling Capital Management LLC now owns 74,708 shares of the information technology services provider's stock valued at $30,187,000 after acquiring an additional 53,724 shares during the period. Van ECK Associates Corp grew its stake in shares of CACI International by 35.2% in the fourth quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider's stock worth $63,477,000 after purchasing an additional 40,867 shares during the last quarter. Geode Capital Management LLC increased its holdings in CACI International by 5.0% during the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider's stock valued at $243,386,000 after purchasing an additional 22,823 shares during the period. River Road Asset Management LLC bought a new position in CACI International during the 4th quarter valued at approximately $8,585,000. Finally, Russell Investments Group Ltd. lifted its holdings in CACI International by 51.9% in the 4th quarter. Russell Investments Group Ltd. now owns 46,919 shares of the information technology services provider's stock worth $18,936,000 after buying an additional 16,037 shares during the period. 86.43% of the stock is currently owned by institutional investors.

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.