Price Action Don’t Lie: Is CACI International Inc’s Fuel Running Low? The Stock Reaches 52-Week High Today

Price Action Don't Lie: Is CACI International Inc's Fuel Running Low? The Stock Reaches 52 Week High Today

The stock of CACI International Inc (NYSE:CACI) hit a new 52-week high and has $189.01 target or 65.00% above today’s $114.55 share price. The 6 months bullish chart indicates low risk for the $2.84 billion company. The 1-year high was reported on Nov, 9 by Barchart.com. If the $189.01 price target is reached, the company will be worth $1.85 billion more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 259,573 shares traded hands or 73.63% up from the average. CACI International Inc (NYSE:CACI) has risen 2.05% since April 7, 2016 and is uptrending. It has underperformed by 2.74% 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) has “Buy” rating given on Thursday, October 29 by Stifel Nicolaus. The firm has “Outperform” rating given on Thursday, January 7 by Wells Fargo. As per Wednesday, December 9, the company rating was downgraded by BB&T Capital. The firm has “Market Perform” rating by Wells Fargo given on Thursday, June 23. The firm has “Buy” rating given on Thursday, August 13 by Maxim Group. The firm has “Outperform” rating given on Monday, January 18 by Credit Suisse. The firm has “Buy” rating by Maxim Group given on Tuesday, December 8. The company was downgraded on Thursday, November 12 by Noble Financial. RBC Capital Markets maintained CACI International Inc (NYSE:CACI) on Friday, October 30 with “Sector Perform” rating. The stock of CACI International Inc (NYSE:CACI) earned “Buy” rating by BB&T Capital on Tuesday, July 28.

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 2016 Q2. Its down 0.53, from 1.46 in 2016Q1. The ratio fall, 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.
Pitcairn accumulated 0.04% or 3,435 shares. Oxford Asset, a United Kingdom-based fund reported 31,329 shares. Opus Capital accumulated 1.31% or 65,152 shares. Teacher Retirement Systems Of Texas owns 3,220 shares or 0% of their US portfolio. Blackrock Gp Ltd last reported 0% of its portfolio in the stock. Segall Bryant And Hamill Limited Liability holds 0.01% or 4,560 shares in its portfolio. Hermes Inv Mngmt Limited has invested 0.67% of its portfolio in CACI International Inc (NYSE:CACI). Bnp Paribas Arbitrage owns 11,573 shares or 0% of their US portfolio. Century last reported 35,477 shares in the company. Wells Fargo Mn last reported 44,173 shares in the company. Ubs Asset Americas holds 21,465 shares or 0% of its portfolio. Burt Wealth holds 1 shares or 0% of its portfolio. The Switzerland-based Swiss National Bank has invested 0.01% in CACI International Inc (NYSE:CACI). Kcg Inc last reported 4,311 shares in the company. Fmr Ltd Liability Co has 0.02% invested in the company for 1.96 million shares.

Insider Transactions: Since May 17, 2016, the stock had 0 insider buys, and 9 insider sales for $608,292 net activity. 250 shares were sold by PHILLIPS WARREN R, worth $25,360. $276,885 worth of CACI International Inc (NYSE:CACI) was sold by MUTRYN THOMAS A on Monday, November 7. Wallace William S had sold 105 shares worth $9,698. Another trade for 966 shares valued at $97,286 was made by REVOILE CHARLES P on Tuesday, June 7. Johnson Gregory G sold $40,164 worth of stock. 1,000 CACI International Inc (NYSE:CACI) shares with value of $98,445 were sold by Pavitt James L.

More recent CACI International Inc (NYSE:CACI) news were published by: Bizjournals.com which released: “Why revenue growth may be elusive for CACI International in coming year” on October 19, 2016. Also Equitiesfocus.com published the news titled: “CACI International, Inc. (NYSE:CACI) Stock Gets Revised Target Of $107.00” on November 09, 2016. Businesswire.com‘s news article titled: “CACI Awarded Prime Position on $978 Million IDIQ for National Geospatial …” with publication date: October 27, 2016 was also an interesting one.

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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