The stock of CACI International Inc (NYSE:CACI) reached all time high today, Nov, 10 and still has $189.09 target or 64.00% above today’s $115.30 share price. This indicates more upside for the $3.01 billion company. This technical setup was reported by Barchart.com. If the $189.09 PT is reached, the company will be worth $1.93 billion more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 45,707 shares traded hands. CACI International Inc (NYSE:CACI) has risen 8.93% since April 8, 2016 and is uptrending. It has outperformed by 3.28% the S&P500.
CACI International Inc (NYSE:CACI) Ratings Coverage
Out of 9 analysts covering Caci International Inc (NYSE:CACI), 5 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 56% are positive. Caci International Inc has been the topic of 24 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock of CACI International Inc (NYSE:CACI) earned “Hold” rating by BB&T Capital on Wednesday, December 9. The stock of CACI International Inc (NYSE:CACI) has “Buy” rating given on Friday, August 14 by Noble Financial. Jefferies reinitiated it with “Hold” rating and $93.0 target price in Wednesday, January 20 report. Wells Fargo upgraded CACI International Inc (NYSE:CACI) on Thursday, January 7 to “Outperform” rating. The firm earned “Outperform” rating on Monday, January 18 by Credit Suisse. BB&T Capital upgraded CACI International Inc (NYSE:CACI) rating on Thursday, December 17. BB&T Capital has “Buy” rating and $113 price target. The company was maintained on Thursday, June 23 by Stifel Nicolaus. Stifel Nicolaus maintained it with “Buy” rating and $119 target price in Wednesday, December 9 report. Stifel Nicolaus maintained CACI International Inc (NYSE:CACI) rating on Thursday, October 29. Stifel Nicolaus has “Buy” rating and $105 price target. Maxim Group maintained the shares of CACI in a report on Thursday, August 13 with “Buy” rating.
According to Zacks Investment Research, “CACI International Inc provides the IT and network solutions needed to prevail in today’s new era of defense, intelligence, and e-government. From systems integration and managed network solutions to knowledge management, engineering, simulation, and information assurance, we deliver the IT applications and infrastructures our federal customers use to improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. Company’s solutions lead the transformation of defense and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively.”
Insitutional Activity: The institutional sentiment decreased to 0.93 in Q2 2016. Its down 0.53, from 1.46 in 2016Q1. The ratio is negative, as 37 funds sold all CACI International Inc shares owned while 67 reduced positions. 21 funds bought stakes while 76 increased positions. They now own 21.41 million shares or 21.70% less from 27.34 million shares in 2016Q1.
Chatham Grp last reported 0.26% of its portfolio in the stock. Northern Trust Corporation has 0.03% invested in the company for 865,726 shares. Babson Mgmt Ltd Liability Corporation reported 4,500 shares or 0.01% of all its holdings. Winslow Evans And Crocker Inc owns 300 shares or 0% of their US portfolio. Vantage Inv Advisors Limited Liability Corp last reported 100 shares in the company. Aperio Group Ltd, a California-based fund reported 6,709 shares. Gam Hldg Ag holds 0.01% of its portfolio in CACI International Inc (NYSE:CACI) for 5,000 shares. First Quadrant Ltd Partnership Ca reported 10,988 shares or 0.02% of all its holdings. Advisors Asset Management, a Colorado-based fund reported 256 shares. Eagle Asset Management, a Florida-based fund reported 143,272 shares. Nationwide Fund Advsr, a Pennsylvania-based fund reported 49,841 shares. South Dakota Inv Council holds 0% or 1,300 shares in its portfolio. Creative Planning accumulated 1,663 shares or 0% of the stock. Moreover, Metropolitan Life Insurance Com Ny has 0.01% invested in CACI International Inc (NYSE:CACI) for 17,574 shares. The United Kingdom-based Barclays Pcl has invested 0% in CACI International Inc (NYSE:CACI).
Insider Transactions: Since May 17, 2016, the stock had 0 insider buys, and 9 sales for $608,292 net activity. $9,698 worth of shares were sold by Wallace William S on Tuesday, May 17. The insider Pavitt James L sold $98,445. Shares for $276,885 were sold by MUTRYN THOMAS A on Monday, November 7. REVOILE CHARLES P had sold 966 shares worth $97,286 on Tuesday, June 7. PHILLIPS WARREN R sold $25,176 worth of CACI International Inc (NYSE:CACI) on Thursday, September 1. Johnson Gregory G sold $25,388 worth of stock.
More news for CACI International Inc (NYSE:CACI) were recently published by: Bizjournals.com, which released: “Why revenue growth may be elusive for CACI International in coming year” on October 19, 2016. Businesswire.com‘s article titled: “CACI Awarded Prime Position on $978 Million IDIQ for National Geospatial …” and published on October 27, 2016 is yet another important article.
CACI Company Profile
CACI International Inc (CACI), incorporated on October 8, 1985, is a simulation technology company. The Firm provides information solutions and services. The Firm operates through two divisions: domestic activities and international operations. The Firm serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands. The Company’s primary clients are agencies and departments of the United States government.
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