Valley Wealth Managers Inc. lowered its position in CACI International, Inc. (NYSE:CACI – Free Report) by 6.0% in the 4th quarter, HoldingsChannel reports. The fund owned 43,415 shares of the information technology services provider’s stock after selling 2,793 shares during the period. CACI International accounts for about 1.5% of Valley Wealth Managers Inc.’s holdings, making the stock its 26th biggest position. Valley Wealth Managers Inc.’s holdings in CACI International were worth $23,132,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in the stock. Ethic Inc. boosted its stake in CACI International by 17.2% in the 4th quarter. Ethic Inc. now owns 2,871 shares of the information technology services provider’s stock worth $1,530,000 after purchasing an additional 421 shares during the period. Morse Asset Management Inc bought a new position in CACI International in the 4th quarter worth about $59,000. Horizon Investments LLC boosted its stake in CACI International by 35.4% in the 4th quarter. Horizon Investments LLC now owns 9,580 shares of the information technology services provider’s stock worth $5,104,000 after purchasing an additional 2,504 shares during the period. Torren Management LLC bought a new position in CACI International in the 4th quarter worth about $140,000. Finally, West Michigan Advisors LLC bought a new position in CACI International in the 4th quarter worth about $222,000. Institutional investors own 86.43% of the company’s stock.
CACI International Stock Performance
NYSE:CACI opened at $482.64 on Tuesday. The business has a 50 day moving average of $561.23 and a 200 day moving average of $579.18. The company has a market capitalization of $10.66 billion, a price-to-earnings ratio of 19.91, a PEG ratio of 1.61 and a beta of 0.53. CACI International, Inc. has a 1-year low of $409.62 and a 1-year high of $683.50. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.61 and a quick ratio of 1.61.
Insider Activity
In other news, Director Debora A. Plunkett sold 220 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $603.30, for a total transaction of $132,726.00. Following the transaction, the director directly owned 2,428 shares of the company’s stock, valued at approximately $1,464,812.40. The trade was a 8.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.10% of the company’s stock.
Analyst Ratings Changes
CACI has been the subject of several analyst reports. TD Cowen cut their target price on CACI International from $650.00 to $625.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Truist Financial set a $800.00 price target on CACI International in a research report on Thursday, January 22nd. Stifel Nicolaus lifted their price target on CACI International from $670.00 to $765.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Wells Fargo & Company started coverage on CACI International in a research report on Wednesday, April 1st. They set an “overweight” rating and a $275.00 price target for the company. Finally, JPMorgan Chase & Co. lifted their price target on CACI International from $645.00 to $700.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, CACI International presently has an average rating of “Moderate Buy” and a consensus price target of $641.50.
Read Our Latest Stock Analysis on CACI International
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.
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