John G Ullman & Associates Inc. Decreases Stock Position in CACI International Inc (NYSE:CACI)

John G Ullman & Associates Inc. cut its stake in CACI International Inc (NYSE:CACI) by 7.1% in the third quarter, Holdings Channel reports. The institutional investor owned 15,659 shares of the information technology services provider’s stock after selling 1,200 shares during the period. CACI International makes up about 1.1% of John G Ullman & Associates Inc.’s investment portfolio, making the stock its 25th biggest holding. John G Ullman & Associates Inc.’s holdings in CACI International were worth $7,901,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of CACI. First Horizon Advisors Inc. boosted its stake in shares of CACI International by 40.0% during 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 during the period. UMB Bank n.a. raised its position in CACI International by 81.4% during the 3rd 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. Versant Capital Management Inc raised its holdings 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 acquiring an additional 90 shares in the last quarter. Coastline Trust Co purchased a new stake in shares of CACI International in the 3rd quarter worth approximately $45,000. Finally, Rosenberg Matthew Hamilton lifted its stake in shares of CACI International by 9.8% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after purchasing an additional 19 shares during the last quarter. 86.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of CACI International stock in a transaction on 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 sale, the insider now owns 35,538 shares of the company’s stock, valued at $17,499,266.58. The trade was a 21.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP J William Koegel, Jr. sold 970 shares of the stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $483.27, for a total transaction of $468,771.90. Following the completion of the sale, the executive vice president now owns 22,651 shares of the company’s stock, valued at $10,946,548.77. This trade represents a 4.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CACI. Raymond James downgraded shares of CACI International from an “outperform” rating to a “market perform” rating in a research note on Monday, August 5th. Wells Fargo & Company boosted their price target on CACI International from $525.00 to $577.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 1st. Truist Financial reaffirmed a “buy” rating and issued a $650.00 price objective (up from $520.00) on shares of CACI International in a research report on Friday, October 25th. Barclays upped their price target on shares of CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. Finally, The Goldman Sachs Group lifted their price objective on shares of CACI International from $471.00 to $520.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $547.20.

CACI International Stock Up 2.3 %

Shares of CACI stock opened at $454.91 on Thursday. CACI International Inc has a twelve month low of $314.06 and a twelve month high of $588.26. The stock has a market cap of $10.19 billion, a P/E ratio of 22.54, a P/E/G ratio of 1.73 and a beta of 0.91. The stock has a 50 day moving average of $517.54 and a 200 day moving average of $469.39. 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 quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, topping analysts’ consensus estimates of $5.08 by $0.85. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The business had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the prior year, the firm posted $4.36 earnings per share. The company’s revenue was up 11.2% compared to the same quarter last year. As a group, sell-side analysts expect that CACI International Inc will post 23.42 EPS for the current year.

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.