Farther Finance Advisors LLC Raises Stock Holdings in CACI International Inc (NYSE:CACI)

Farther Finance Advisors LLC boosted its stake in shares of CACI International Inc (NYSE:CACI - Free Report) by 286.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,302 shares of the information technology services provider's stock after buying an additional 965 shares during the period. Farther Finance Advisors LLC's holdings in CACI International were worth $657,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. UMB Bank n.a. grew its position in CACI International by 81.4% in the third 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 period. Versant Capital Management Inc grew its stake in shares of CACI International by 900.0% in the second quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider's stock valued at $43,000 after buying an additional 90 shares in the last quarter. Rosenberg Matthew Hamilton grew its position in CACI International by 9.8% in 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 in the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in CACI International by 35.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider's stock worth $174,000 after buying an additional 105 shares in the last quarter. Finally, Argent Capital Management LLC purchased a new position in CACI International in the third quarter valued at $208,000. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

CACI International Price Performance

Shares of CACI stock traded down $0.96 during mid-day trading on Wednesday, reaching $563.98. The stock had a trading volume of 215,323 shares, compared to its average volume of 113,171. The company has a market cap of $12.64 billion, a P/E ratio of 27.95, a price-to-earnings-growth ratio of 2.17 and a beta of 0.91. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. CACI International Inc has a 12-month low of $314.06 and a 12-month high of $588.26. The business has a 50-day simple moving average of $508.83 and a 200 day simple moving average of $460.75.

CACI International (NYSE:CACI - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.36 earnings per share. On average, sell-side analysts anticipate that CACI International Inc will post 23.3 earnings per share for the current year.

Insider Buying and Selling at CACI International

In other CACI International news, CEO John S. Mengucci sold 10,000 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the transaction, the chief executive officer now owns 91,368 shares of the company's stock, valued at $42,319,830.24. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. In related news, EVP J William Koegel, Jr. sold 970 shares of the firm's stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $483.27, for a total value 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 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO John S. Mengucci sold 10,000 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the completion of the sale, the chief executive officer now directly owns 91,368 shares of the company's stock, valued at $42,319,830.24. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,270 shares of company stock worth $10,165,972. 1.35% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on CACI shares. Wells Fargo & Company raised their price target on CACI International from $525.00 to $577.00 and gave the company an "overweight" rating in a research note on Tuesday, October 1st. Barclays lifted their price objective on shares of CACI International from $500.00 to $610.00 and gave the company an "overweight" rating in a research note on Tuesday, October 29th. The Goldman Sachs Group increased 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. Truist Financial reaffirmed a "buy" rating and set a $650.00 price target (up from $520.00) on shares of CACI International in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. upped their price objective on shares of CACI International from $520.00 to $555.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 2nd. Three equities 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, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $545.70.

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.