Corebridge Financial Inc. Sells 1,020 Shares of CACI International Inc (NYSE:CACI)

Corebridge Financial Inc. cut its holdings in CACI International Inc (NYSE:CACI - Free Report) by 3.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,352 shares of the information technology services provider's stock after selling 1,020 shares during the quarter. Corebridge Financial Inc. owned 0.11% of CACI International worth $10,244,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. UMB Bank n.a. raised its holdings in shares of CACI International by 37.2% during the fourth quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider's stock valued at $43,000 after purchasing an additional 29 shares during the last quarter. GAMMA Investing LLC grew its position in CACI International by 69.4% in the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider's stock worth $49,000 after purchasing an additional 50 shares during the period. VSM Wealth Advisory LLC purchased a new stake in CACI International during the 4th quarter valued at $69,000. Jones Financial Companies Lllp lifted its holdings in shares of CACI International by 452.8% during the 4th quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider's stock valued at $80,000 after buying an additional 163 shares during the period. Finally, TD Private Client Wealth LLC boosted its stake in shares of CACI International by 49.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider's stock worth $127,000 after buying an additional 83 shares during the last quarter. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Several research analysts have issued reports on the company. TD Cowen dropped their target price on CACI International from $610.00 to $480.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. William Blair downgraded CACI International from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Raymond James restated an "outperform" rating and issued a $490.00 price target (up previously from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. Cantor Fitzgerald raised CACI International to a "strong-buy" rating in a research report on Tuesday, February 25th. Finally, UBS Group began coverage on shares of CACI International in a report on Monday, December 2nd. They issued a "buy" rating and a $557.00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, CACI International presently has an average rating of "Moderate Buy" and an average price target of $517.31.

CACI International Price Performance

Shares of NYSE:CACI traded down $5.95 during midday trading on Monday, reaching $367.42. 398,870 shares of the company were exchanged, compared to its average volume of 230,301. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80. The stock has a market cap of $8.24 billion, a PE ratio of 17.23, a price-to-earnings-growth ratio of 1.01 and a beta of 0.88. The business's fifty day moving average is $371.02 and its two-hundred day moving average is $440.34. CACI International Inc has a one year low of $318.60 and a one year high of $588.26.

CACI International (NYSE:CACI - Get Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, beating analysts' consensus estimates of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. As a group, analysts predict that CACI International Inc will post 23.94 earnings per share for the current year.

Insider Activity at CACI International

In other news, Director Debora A. Plunkett sold 309 shares of the company's stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total transaction of $112,358.58. Following the sale, the director now directly owns 2,315 shares in the company, valued at approximately $841,780.30. This represents a 11.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.35% of the stock is currently owned by insiders.

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.