CACI International Inc (NYSE:CACI) Shares Bought by SG Americas Securities LLC

Posted by Defense World Staff on Jul 24th, 2023

SG Americas Securities LLC lifted its position in shares of CACI International Inc (NYSE:CACI – Free Report) by 165.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,387 shares of the information technology services provider’s stock after buying an additional 3,357 shares during the period. SG Americas Securities LLC’s holdings in CACI International were worth $1,596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dark Forest Capital Management LP increased its holdings in shares of CACI International by 262.5% during the 4th quarter. Dark Forest Capital Management LP now owns 87 shares of the information technology services provider’s stock worth $26,000 after buying an additional 63 shares during the last quarter. ST Germain D J Co. Inc. acquired a new stake in shares of CACI International during the 4th quarter worth approximately $36,000. GPS Wealth Strategies Group LLC acquired a new stake in shares of CACI International during the 1st quarter worth approximately $49,000. Quent Capital LLC increased its holdings in shares of CACI International by 33.0% during the 1st quarter. Quent Capital LLC now owns 234 shares of the information technology services provider’s stock worth $69,000 after buying an additional 58 shares during the last quarter. Finally, Brown Brothers Harriman & Co. increased its holdings in shares of CACI International by 47.7% during the 1st quarter. Brown Brothers Harriman & Co. now owns 288 shares of the information technology services provider’s stock worth $87,000 after buying an additional 93 shares during the last quarter. Institutional investors and hedge funds own 89.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CACI shares. 888 restated a “maintains” rating on shares of CACI International in a report on Friday, April 28th. Jefferies Financial Group raised shares of CACI International from a “hold” rating to a “buy” rating and set a $405.00 price objective for the company in a research report on Wednesday, July 12th. StockNews.com initiated coverage on shares of CACI International in a research report on Thursday, May 18th. They set a “buy” rating for the company. Finally, Stifel Nicolaus increased their price objective on shares of CACI International from $315.00 to $360.00 in a research report on Thursday, June 22nd. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, CACI International currently has an average rating of “Buy” and an average target price of $353.50.

Insider Transactions at CACI International

In other news, Director Gregory G. Johnson sold 150 shares of CACI International stock in a transaction on Tuesday, June 13th. The shares were sold at an average price of $320.30, for a total transaction of $48,045.00. Following the completion of the sale, the director now directly owns 5,958 shares of the company’s stock, valued at approximately $1,908,347.40. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.23% of the company’s stock.

CACI International Stock Performance

Shares of CACI stock opened at $346.35 on Monday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.57. CACI International Inc has a 52 week low of $245.32 and a 52 week high of $355.51. The stock has a market capitalization of $7.89 billion, a PE ratio of 22.06, a P/E/G ratio of 2.16 and a beta of 0.99. The firm has a 50 day moving average of $323.49 and a two-hundred day moving average of $307.07.

CACI International (NYSE:CACI – Get Free Report) last released its quarterly earnings data on Wednesday, April 26th. The information technology services provider reported $4.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.64 by $0.28. The business had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.66 billion. CACI International had a net margin of 5.57% and a return on equity of 13.60%. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the previous year, the company earned $4.64 EPS. On average, research analysts predict that CACI International Inc will post 18.4 EPS for the current fiscal year.

CACI International Company Profile

(Free Report)

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates in two segments, Domestic Operations and International Operations.