Caci International Inc (NYSE:CACI) Short Interest Up 34.0% in August

Caci International Inc (NYSE:CACI) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 390,000 shares, a growth of 34.0% from the August 15th total of 291,000 shares. Approximately 1.6% of the shares of the company are short sold. Based on an average trading volume of 213,200 shares, the short-interest ratio is presently 1.8 days.

Shares of NYSE:CACI traded down $1.57 during trading on Wednesday, hitting $223.72. 168,919 shares of the stock were exchanged, compared to its average volume of 198,009. Caci International has a 1-year low of $156.15 and a 1-year high of $288.59. The company has a market capitalization of $5.61 billion, a price-to-earnings ratio of 17.74, a price-to-earnings-growth ratio of 1.25 and a beta of 1.23. The company’s fifty day simple moving average is $222.33 and its 200-day simple moving average is $226.59. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.41 and a current ratio of 1.41.

Caci International (NYSE:CACI) last announced its quarterly earnings results on Wednesday, August 12th. The information technology services provider reported $3.68 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $3.44 by $0.24. Caci International had a return on equity of 12.66% and a net margin of 5.62%. On average, research analysts forecast that Caci International will post 14.05 earnings per share for the current fiscal year.

In related news, CFO Thomas A. Mutryn sold 4,991 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $227.50, for a total value of $1,135,452.50. Following the transaction, the chief financial officer now directly owns 36,496 shares of the company’s stock, valued at approximately $8,302,840. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Thomas A. Mutryn sold 5,780 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $227.50, for a total value of $1,314,950.00. Following the completion of the transaction, the chief financial officer now directly owns 29,716 shares in the company, valued at $6,760,390. The disclosure for this sale can be found here. Insiders sold a total of 10,934 shares of company stock worth $2,484,738 over the last three months. 1.38% of the stock is owned by company insiders.

A number of hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its stake in Caci International by 1.8% in the 1st quarter. Geode Capital Management LLC now owns 284,978 shares of the information technology services provider’s stock valued at $60,173,000 after buying an additional 4,930 shares in the last quarter. FDx Advisors Inc. acquired a new stake in Caci International in the 1st quarter valued at $340,000. GW&K Investment Management LLC boosted its stake in Caci International by 15.3% in the 2nd quarter. GW&K Investment Management LLC now owns 127,757 shares of the information technology services provider’s stock valued at $27,707,000 after buying an additional 16,927 shares in the last quarter. New York State Common Retirement Fund boosted its stake in Caci International by 20.6% in the 1st quarter. New York State Common Retirement Fund now owns 90,476 shares of the information technology services provider’s stock valued at $19,104,000 after buying an additional 15,451 shares in the last quarter. Finally, Parametric Portfolio Associates LLC boosted its stake in Caci International by 3.6% in the 1st quarter. Parametric Portfolio Associates LLC now owns 89,685 shares of the information technology services provider’s stock valued at $18,937,000 after buying an additional 3,141 shares in the last quarter.

CACI has been the topic of several recent analyst reports. ValuEngine downgraded Caci International from a “hold” rating to a “sell” rating in a research report on Thursday, July 2nd. Credit Suisse Group reaffirmed a “buy” rating on shares of Caci International in a research report on Thursday, August 13th. Raymond James downgraded Caci International from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 8th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $270.00 price target on shares of Caci International in a research report on Monday, June 1st. Finally, Morgan Stanley lifted their price target on Caci International from $251.00 to $253.00 and gave the stock an “equal weight” rating in a research report on Monday, August 24th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $282.57.

Caci International Company Profile

CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions in the areas of financial, human capital, asset and materials, and administrative management; develops, integrates, and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge.

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