CACI International Inc (NYSE:CACI) Short Interest Up 40.7% in March

CACI International Inc (NYSE:CACI) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,590,000 shares, a growth of 40.7% from the February 28th total of 1,130,000 shares. Currently, 7.2% of the shares of the company are short sold. Based on an average daily trading volume, of 490,200 shares, the days-to-cover ratio is presently 3.2 days.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on CACI shares. Raymond James reaffirmed an “outperform” rating and set a $490.00 price objective (up from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. UBS Group assumed coverage on shares of CACI International in a research report on Monday, December 2nd. They issued a “buy” rating and a $557.00 price target for the company. Robert W. Baird restated an “outperform” rating and set a $640.00 price objective on shares of CACI International in a research report on Tuesday, December 17th. StockNews.com cut shares of CACI International from a “buy” rating to a “hold” rating in a research note on Saturday, January 25th. Finally, Jefferies Financial Group cut their price target on CACI International from $520.00 to $455.00 and set a “buy” rating for the company in a research note on Tuesday, March 25th. One analyst has rated the stock with a sell rating, two have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $517.31.

Insider Activity at CACI International

In other CACI International news, Director Debora A. Plunkett sold 309 shares of the business’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total transaction of $112,358.58. Following the completion of the sale, the director now owns 2,315 shares of the company’s stock, valued at approximately $841,780.30. The trade was a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.35% of the stock is currently owned by company insiders.

Institutional Trading of CACI International

A number of institutional investors have recently bought and sold shares of CACI. UMB Bank n.a. increased its position in CACI International by 37.2% during the fourth quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after acquiring an additional 29 shares during the last quarter. GAMMA Investing LLC grew its holdings in CACI International by 69.4% during the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after purchasing an additional 50 shares during the last quarter. VSM Wealth Advisory LLC bought a new position in CACI International during the 4th quarter valued at about $69,000. Jones Financial Companies Lllp raised its position in CACI International by 452.8% in the 4th quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock worth $80,000 after purchasing an additional 163 shares during the period. Finally, TD Private Client Wealth LLC lifted its stake in CACI International by 49.1% in the third quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider’s stock worth $127,000 after purchasing an additional 83 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors.

CACI International Price Performance

NYSE:CACI traded up $2.86 during trading hours on Tuesday, reaching $369.78. The stock had a trading volume of 515,698 shares, compared to its average volume of 232,031. The stock has a market capitalization of $8.29 billion, a PE ratio of 17.34, a PEG ratio of 1.01 and a beta of 0.88. CACI International has a 52 week low of $318.60 and a 52 week high of $588.26. The company has a 50 day moving average price of $369.11 and a two-hundred day moving average price of $439.59. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, topping analysts’ consensus estimates of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. As a group, sell-side analysts anticipate that CACI International will post 23.94 earnings per share for the current fiscal year.

About CACI International

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.