New York State Teachers Retirement System Sells 1,400 Shares of CACI International Inc (NYSE:CACI)

New York State Teachers Retirement System lessened its stake in shares of CACI International Inc (NYSE:CACI - Free Report) by 4.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 27,577 shares of the information technology services provider's stock after selling 1,400 shares during the period. New York State Teachers Retirement System owned about 0.12% of CACI International worth $13,914,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of CACI International by 1.7% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider's stock valued at $146,623,000 after purchasing an additional 5,610 shares during the period. Van ECK Associates Corp increased its position in CACI International by 70.0% during the second quarter. Van ECK Associates Corp now owns 81,584 shares of the information technology services provider's stock worth $35,092,000 after buying an additional 33,589 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its stake in CACI International by 26.7% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 48,923 shares of the information technology services provider's stock valued at $21,043,000 after buying an additional 10,295 shares during the period. Lord Abbett & CO. LLC acquired a new stake in shares of CACI International in the first quarter valued at approximately $18,271,000. Finally, BNP Paribas Financial Markets boosted its stake in shares of CACI International by 147.5% during the 1st quarter. BNP Paribas Financial Markets now owns 34,958 shares of the information technology services provider's stock worth $13,243,000 after acquiring an additional 20,835 shares during the period. 86.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CACI has been the subject of several research reports. Raymond James downgraded CACI International from an "outperform" rating to a "market perform" rating in a report on Monday, August 5th. Wells Fargo & Company raised their target price on shares of CACI International from $525.00 to $577.00 and gave the stock an "overweight" rating in a research note on Tuesday, October 1st. JPMorgan Chase & Co. upped their price target on shares of CACI International from $520.00 to $555.00 and gave the company an "overweight" rating in a research note on Wednesday, October 2nd. Barclays increased their price target on shares of CACI International from $500.00 to $610.00 and gave the company an "overweight" rating in a report on Tuesday, October 29th. Finally, Robert W. Baird boosted their price target on CACI International from $533.00 to $640.00 and gave the company an "outperform" rating in a research note on Friday, October 25th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $545.70.

CACI International Price Performance

Shares of CACI stock traded up $0.72 on Friday, hitting $553.28. 117,380 shares of the company's stock were exchanged, compared to its average volume of 130,971. The company has a 50 day moving average of $505.43 and a 200 day moving average of $457.37. The stock has a market cap of $12.40 billion, a P/E ratio of 27.42, a price-to-earnings-growth ratio of 2.17 and a beta of 0.91. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. CACI International Inc has a 12 month low of $314.06 and a 12 month high of $570.28.

CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, beating analysts' consensus estimates of $5.08 by $0.85. The company had revenue of $2.06 billion for the quarter, compared to the consensus estimate 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 period last year, the company posted $4.36 EPS. On average, equities research analysts predict that CACI International Inc will post 23.3 EPS for the current year.

Insiders Place Their Bets

In other news, insider Gregory R. Bradford sold 10,000 shares of CACI International stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the sale, the insider now directly owns 35,538 shares of the company's stock, valued at approximately $17,499,266.58. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, insider Gregory R. Bradford sold 10,000 shares of the business'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 sale, the insider now owns 35,538 shares of the company's stock, valued at $17,499,266.58. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP J William Koegel, Jr. sold 970 shares of the firm's stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $483.27, for a total value of $468,771.90. Following the transaction, the executive vice president now directly owns 22,651 shares of the company's stock, valued at approximately $10,946,548.77. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,270 shares of company stock valued at $10,165,972. 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.