Amalgamated Bank Sells 1,257 Shares of CACI International Inc (NYSE:CACI)

Amalgamated Bank lessened its stake in CACI International Inc (NYSE:CACI) by 8.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 13,935 shares of the information technology services provider’s stock after selling 1,257 shares during the period. Amalgamated Bank owned about 0.06% of CACI International worth $5,994,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Kennedy Capital Management LLC boosted its holdings in CACI International by 39.9% in the first quarter. Kennedy Capital Management LLC now owns 8,276 shares of the information technology services provider’s stock valued at $3,135,000 after acquiring an additional 2,359 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of CACI International by 418.0% in the 1st quarter. SG Americas Securities LLC now owns 4,522 shares of the information technology services provider’s stock valued at $1,713,000 after purchasing an additional 3,649 shares during the last quarter. M&R Capital Management Inc. acquired a new stake in shares of CACI International during the first quarter worth $1,092,000. Running Oak Capital LLC raised its stake in CACI International by 10.6% during the first quarter. Running Oak Capital LLC now owns 30,101 shares of the information technology services provider’s stock worth $11,403,000 after buying an additional 2,883 shares during the last quarter. Finally, BNP Paribas acquired a new position in CACI International in the first quarter valued at $1,191,000. Institutional investors and hedge funds own 86.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Raymond James downgraded CACI International from an “outperform” rating to a “market perform” rating in a report on Monday, August 5th. Bank of America lifted their target price on CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a report on Tuesday. TD Cowen boosted their price target on CACI International from $435.00 to $480.00 and gave the company a “buy” rating in a research note on Friday, July 12th. Barclays raised their price objective on shares of CACI International from $450.00 to $500.00 and gave the stock an “overweight” rating in a research report on Monday, August 12th. Finally, Truist Financial boosted their target price on shares of CACI International from $500.00 to $520.00 and gave the company a “buy” rating in a research report on Thursday, September 5th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $465.00.

CACI International Stock Performance

NYSE CACI opened at $491.18 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.42. The company has a fifty day simple moving average of $464.62 and a 200 day simple moving average of $424.69. CACI International Inc has a 12-month low of $302.21 and a 12-month high of $498.00. The company has a market cap of $10.95 billion, a P/E ratio of 28.20, a PEG ratio of 2.01 and a beta of 0.93.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, August 7th. The information technology services provider reported $6.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.93 by $0.68. CACI International had a net margin of 5.48% and a return on equity of 14.31%. The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.93 billion. During the same period last year, the company earned $5.30 earnings per share. The business’s revenue was up 19.7% on a year-over-year basis. Sell-side analysts predict that CACI International Inc will post 23.07 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Gregory G. Johnson sold 300 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total value of $141,300.00. Following the transaction, the director now owns 5,910 shares in the company, valued at $2,783,610. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $492.41, for a total value of $4,924,100.00. Following the completion of the sale, the insider now directly owns 35,538 shares of the company’s stock, valued at approximately $17,499,266.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gregory G. Johnson sold 300 shares of CACI International stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total transaction of $141,300.00. Following the transaction, the director now directly owns 5,910 shares in the company, valued at approximately $2,783,610. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,270 shares of company stock valued at $10,165,972. Corporate insiders own 1.23% of the company’s stock.

About CACI International

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 through two segments: Domestic Operations and International Operations.