Martingale Asset Management L P Has $9.14 Million Stock Holdings in CACI International Inc (NYSE:CACI)

Martingale Asset Management L P lessened its stake in shares of CACI International Inc (NYSE:CACI - Free Report) by 41.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,621 shares of the information technology services provider's stock after selling 16,319 shares during the quarter. Martingale Asset Management L P owned 0.10% of CACI International worth $9,140,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of CACI. UMB Bank n.a. lifted its holdings in CACI International by 37.2% during the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider's stock worth $43,000 after buying an additional 29 shares in the last quarter. GAMMA Investing LLC raised its holdings in CACI International by 69.4% in the fourth 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. AMJ Financial Wealth Management grew its stake in CACI International by 1.8% in the fourth quarter. AMJ Financial Wealth Management now owns 3,988 shares of the information technology services provider's stock valued at $1,611,000 after acquiring an additional 70 shares during the period. Kendall Capital Management raised its holdings in shares of CACI International by 6.2% during the fourth quarter. Kendall Capital Management now owns 1,294 shares of the information technology services provider's stock worth $523,000 after acquiring an additional 75 shares during the period. Finally, Captrust Financial Advisors lifted its stake in CACI International by 10.2% in the 3rd quarter. Captrust Financial Advisors now owns 823 shares of the information technology services provider's stock valued at $415,000 after acquiring an additional 76 shares in the last quarter. Institutional investors and hedge funds own 86.43% of the company's stock.

Remove Ads

Insider Buying and Selling at CACI International

In other news, Director Debora A. Plunkett sold 309 shares of the business's stock in a transaction dated Wednesday, March 12th. The stock was 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. The trade was a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.35% of the company's stock.

CACI International Price Performance

CACI International stock traded down $3.10 during mid-day trading on Tuesday, reaching $420.95. 127,425 shares of the company were exchanged, compared to its average volume of 257,661. The company has a fifty day simple moving average of $368.33 and a 200-day simple moving average of $432.76. The firm has a market cap of $9.44 billion, a PE ratio of 19.74, a PEG ratio of 1.01 and a beta of 0.78. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52. CACI International Inc has a 12 month low of $318.60 and a 12 month high of $588.26.

CACI International (NYSE:CACI - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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, equities research analysts expect that CACI International Inc will post 23.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on CACI shares. Robert W. Baird reaffirmed an "outperform" rating and issued a $640.00 target price on shares of CACI International in a report on Tuesday, December 17th. Wells Fargo & Company decreased their target price on CACI International from $480.00 to $438.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Raymond James reaffirmed an "outperform" rating and set a $490.00 price target (up previously from $475.00) on shares of CACI International in a report on Thursday, January 23rd. TD Cowen decreased their price objective on shares of CACI International from $610.00 to $480.00 and set a "buy" rating on the stock in a report on Wednesday, January 8th. Finally, Truist Financial cut their target price on shares of CACI International from $550.00 to $475.00 and set a "buy" rating for the company in a research note on Monday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, CACI International presently has a consensus rating of "Moderate Buy" and a consensus price target of $508.31.

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.