Geode Capital Management LLC Purchases 22,823 Shares of CACI International Inc (NYSE:CACI)

Geode Capital Management LLC raised its position in shares of CACI International Inc (NYSE:CACI) by 5.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 482,274 shares of the information technology services provider’s stock after buying an additional 22,823 shares during the quarter. Geode Capital Management LLC owned about 2.15% of CACI International worth $243,386,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in CACI. First Horizon Advisors Inc. grew its holdings in shares of CACI International by 40.0% in the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after purchasing an additional 18 shares in the last quarter. UMB Bank n.a. raised its stake in CACI International by 81.4% during the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after purchasing an additional 35 shares in the last quarter. Coastline Trust Co bought a new position in CACI International during the third quarter valued at $45,000. Rosenberg Matthew Hamilton grew its stake in shares of CACI International by 9.8% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after buying an additional 19 shares in the last quarter. Finally, Argent Capital Management LLC bought a new stake in shares of CACI International in the 3rd quarter worth about $208,000. Institutional investors own 86.43% of the company’s stock.

CACI International Trading Down 1.0 %

NYSE CACI opened at $409.91 on Friday. The stock has a market cap of $9.19 billion, a PE ratio of 20.31, a PEG ratio of 1.33 and a beta of 0.85. CACI International Inc has a 12 month low of $314.06 and a 12 month high of $588.26. The company’s 50-day moving average price is $502.96 and its 200-day moving average price is $472.43. 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 (NYSE:CACI) last issued its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, topping analysts’ consensus estimates of $5.08 by $0.85. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company posted $4.36 earnings per share. Equities research analysts forecast that CACI International Inc will post 23.45 earnings per share for the current year.

Insider Buying and Selling at CACI International

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the transaction, the insider now owns 35,538 shares of the company’s stock, valued at approximately $17,499,266.58. This trade represents a 21.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.35% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on CACI shares. JPMorgan Chase & Co. increased their price target on shares of CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a report on Wednesday, October 2nd. The Goldman Sachs Group cut CACI International from a “neutral” rating to a “sell” rating and dropped their target price for the stock from $540.00 to $373.00 in a report on Thursday. Truist Financial cut their target price on CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. Wells Fargo & Company lowered their price target on CACI International from $637.00 to $564.00 and set an “overweight” rating for the company in a research report on Tuesday, November 26th. Finally, UBS Group initiated coverage on shares of CACI International in a research note on Monday, December 2nd. They set a “buy” rating and a $557.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, CACI International has an average rating of “Moderate Buy” and an average price target of $524.45.

CACI International 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.