Entropy Technologies LP Sells 200 Shares of CACI International Inc (NYSE:CACI)

Entropy Technologies LP lessened its holdings in shares of CACI International Inc (NYSE:CACI) by 29.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 489 shares of the information technology services provider’s stock after selling 200 shares during the quarter. Entropy Technologies LP’s holdings in CACI International were worth $247,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Van ECK Associates Corp lifted its holdings in CACI International by 42.5% during the 3rd quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock worth $60,917,000 after purchasing an additional 34,647 shares during the last quarter. Farther Finance Advisors LLC increased its position in CACI International by 286.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,302 shares of the information technology services provider’s stock worth $657,000 after purchasing an additional 965 shares in the last quarter. New York State Common Retirement Fund lifted its stake in CACI International by 13.1% in the 3rd quarter. New York State Common Retirement Fund now owns 31,853 shares of the information technology services provider’s stock valued at $16,072,000 after purchasing an additional 3,700 shares during the last quarter. Rosenberg Matthew Hamilton boosted its position in CACI International by 9.8% in the third quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock valued at $107,000 after buying an additional 19 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its holdings in shares of CACI International by 13.4% during the third quarter. Nisa Investment Advisors LLC now owns 2,328 shares of the information technology services provider’s stock worth $1,175,000 after buying an additional 275 shares in the last quarter. Institutional investors own 86.43% of the company’s stock.

CACI International Stock Down 4.2 %

CACI stock opened at $470.79 on Friday. The stock’s 50 day simple moving average is $518.79 and its 200 day simple moving average is $468.60. The company has a market cap of $10.55 billion, a P/E ratio of 23.33, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.75 and a current ratio of 1.75. CACI International Inc has a fifty-two week low of $314.06 and a fifty-two week high of $588.26.

CACI International (NYSE:CACI) last issued its earnings results 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 return on equity of 14.78% and a net margin of 5.77%. The company had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.92 billion. During the same period in the prior year, the firm earned $4.36 earnings per share. CACI International’s revenue for the quarter was up 11.2% on a year-over-year basis. On average, research analysts expect that CACI International Inc will post 23.42 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Gregory R. Bradford sold 10,000 shares of CACI International stock in a transaction dated Monday, September 16th. The stock was 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 owns 35,538 shares of the company’s stock, valued at approximately $17,499,266.58. This trade represents a 21.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Gregory G. Johnson sold 300 shares of the company’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $471.00, for a total transaction of $141,300.00. Following the sale, the director now directly owns 5,910 shares in the company, valued at approximately $2,783,610. This trade represents a 4.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 21,270 shares of company stock valued at $10,165,972 over the last three months. Corporate insiders own 1.35% of the company’s stock.

Wall Street Analyst Weigh In

CACI has been the subject of several research reports. Bank of America increased their target price on CACI International from $535.00 to $555.00 and gave the company a “buy” rating in a research report on Tuesday, September 17th. JPMorgan Chase & Co. upped their price target on shares of CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. The Goldman Sachs Group lifted their price target on shares of CACI International from $471.00 to $520.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Robert W. Baird lifted their target price on CACI International from $533.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Finally, TD Cowen increased their price target on CACI International from $545.00 to $570.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, CACI International presently has a consensus rating of “Moderate Buy” and a consensus price target of $547.20.

CACI International Company 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.