CACI International Inc (NYSE:CACI) Shares Sold by Eagle Asset Management Inc.

Eagle Asset Management Inc. lessened its stake in CACI International Inc (NYSE:CACI - Free Report) by 23.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 8,270 shares of the information technology services provider's stock after selling 2,485 shares during the period. Eagle Asset Management Inc.'s holdings in CACI International were worth $4,173,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CACI. Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of CACI International in the third quarter valued at approximately $1,955,000. Kennedy Capital Management LLC grew its stake in shares of CACI International by 39.9% in the first quarter. Kennedy Capital Management LLC now owns 8,276 shares of the information technology services provider's stock worth $3,135,000 after acquiring an additional 2,359 shares in the last quarter. Comerica Bank increased its position in shares of CACI International by 13.4% during the first quarter. Comerica Bank now owns 11,609 shares of the information technology services provider's stock worth $4,398,000 after acquiring an additional 1,372 shares during the period. Lazard Asset Management LLC acquired a new stake in shares of CACI International in the first quarter valued at $653,000. Finally, Segall Bryant & Hamill LLC boosted its holdings in CACI International by 3.7% in the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider's stock valued at $34,179,000 after purchasing an additional 2,396 shares during the period. Hedge funds and other institutional investors own 86.43% of the company's stock.

CACI International Stock Performance

NYSE:CACI traded down $4.43 during mid-day trading on Monday, reaching $464.35. 334,838 shares of the stock were exchanged, compared to its average volume of 127,790. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. CACI International Inc has a 1 year low of $314.06 and a 1 year high of $588.26. The company has a 50 day simple moving average of $517.47 and a 200-day simple moving average of $470.42. The stock has a market capitalization of $10.41 billion, a P/E ratio of 23.23, a P/E/G ratio of 1.45 and a beta of 0.91.

CACI International (NYSE:CACI - Get Free Report) last announced its earnings results 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. The business had revenue of $2.06 billion for 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 company's quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the previous year, the company posted $4.36 EPS. Analysts anticipate that CACI International Inc will post 23.47 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Gregory R. Bradford sold 10,000 shares of the firm's stock in a transaction on Monday, September 16th. The shares were sold at an average price of $492.41, for a total value of $4,924,100.00. Following the completion of the sale, the insider now owns 35,538 shares in the company, valued at approximately $17,499,266.58. This trade represents a 21.96 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP J William Koegel, Jr. sold 970 shares of the business's stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $483.27, for a total transaction of $468,771.90. Following the transaction, the executive vice president now owns 22,651 shares in the company, valued at approximately $10,946,548.77. This trade represents a 4.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.35% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on CACI shares. Bank of America upped their price target on CACI International from $535.00 to $555.00 and gave the stock a "buy" rating in a report on Tuesday, September 17th. The Goldman Sachs Group raised their target price on shares of CACI International from $471.00 to $520.00 and gave the company a "neutral" rating in a report on Friday, October 25th. JPMorgan Chase & Co. boosted their price target on shares of CACI International from $520.00 to $555.00 and gave the stock an "overweight" rating in a report on Wednesday, October 2nd. Robert W. Baird increased their price objective on shares of CACI International from $533.00 to $640.00 and gave the company an "outperform" rating in a research report on Friday, October 25th. Finally, Wells Fargo & Company lifted their price target on CACI International from $525.00 to $577.00 and gave the stock an "overweight" rating in a report on Tuesday, October 1st. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $537.20.

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.