Danske Bank A S trimmed its holdings in shares of CACI International, Inc. (NYSE:CACI – Free Report) by 73.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 667 shares of the information technology services provider’s stock after selling 1,830 shares during the period. Danske Bank A S’s holdings in CACI International were worth $355,000 as of its most recent SEC filing.
Several other institutional investors have also recently modified their holdings of the stock. SG Americas Securities LLC increased its position in CACI International by 158.4% during the third quarter. SG Americas Securities LLC now owns 5,364 shares of the information technology services provider’s stock worth $2,675,000 after buying an additional 3,288 shares in the last quarter. Tudor Investment Corp ET AL lifted its position in shares of CACI International by 1,494.8% in the third quarter. Tudor Investment Corp ET AL now owns 33,490 shares of the information technology services provider’s stock valued at $16,704,000 after acquiring an additional 31,390 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in shares of CACI International during the third quarter valued at $466,000. Van ECK Associates Corp boosted its stake in shares of CACI International by 2.6% during the third quarter. Van ECK Associates Corp now owns 378,985 shares of the information technology services provider’s stock valued at $189,030,000 after acquiring an additional 9,739 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management UK Ltd. increased its position in CACI International by 70.0% during the 3rd quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 3,400 shares of the information technology services provider’s stock worth $1,696,000 after purchasing an additional 1,400 shares in the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.
CACI International Stock Up 1.1%
Shares of CACI opened at $499.57 on Thursday. CACI International, Inc. has a fifty-two week low of $409.62 and a fifty-two week high of $683.50. The company’s fifty day moving average is $567.55 and its two-hundred day moving average is $580.02. The firm has a market cap of $11.04 billion, a PE ratio of 20.61, a price-to-earnings-growth ratio of 1.65 and a beta of 0.53. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 1.20.
Insider Activity
In other news, EVP J William Koegel, Jr. sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $615.06, for a total value of $1,230,120.00. Following the transaction, the executive vice president directly owned 25,931 shares in the company, valued at $15,949,120.86. This trade represents a 7.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Debora A. Plunkett sold 220 shares of CACI International stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $603.30, for a total value of $132,726.00. Following the completion of the transaction, the director directly owned 2,428 shares in the company, valued at $1,464,812.40. This represents a 8.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.10% of the company’s stock.
Analysts Set New Price Targets
Several brokerages recently weighed in on CACI. Wells Fargo & Company assumed coverage on shares of CACI International in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $275.00 target price for the company. Citigroup lowered their price target on shares of CACI International from $721.00 to $614.00 and set a “neutral” rating for the company in a report on Thursday, April 2nd. Truist Financial set a $800.00 price objective on shares of CACI International in a research report on Thursday, January 22nd. Stifel Nicolaus raised their target price on shares of CACI International from $670.00 to $765.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Finally, TD Cowen lowered their target price on shares of CACI International from $650.00 to $625.00 and set a “buy” rating for the company in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $641.50.
Check Out Our Latest Stock Analysis on CACI
CACI International Profile
CACI International Inc is a leading provider of information solutions and services to the U.S. federal government, with a primary focus on defense, intelligence, homeland security and federal civilian agencies. The company delivers advanced technology and domain expertise to support mission-critical operations, offering capabilities in areas such as data analytics, cyber security, network integration, enterprise IT modernization and logistics support. By integrating software, hardware and professional services, CACI helps clients enhance situational awareness, improve decision making and maintain critical infrastructure resilience.
Founded in 1962 and headquartered in Arlington, Virginia, CACI has evolved from a small consulting operation into a global enterprise.
See Also
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