Price Action Alert: After Achieving All-Time High, Is CACI International Inc’s Near-Term Analysis Positive?

Price Action Alert: After Achieving All Time High, Is CACI International Inc's Near Term Analysis Positive?

The stock of CACI International Inc (NYSE:CACI) reached all time high today, Nov, 22 and still has $138.13 target or 8.00% above today’s $127.90 share price. This indicates more upside for the $3.13 billion company. This technical setup was reported by Barchart.com. If the $138.13 PT is reached, the company will be worth $250.40M 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 52,227 shares traded hands. CACI International Inc (NYSE:CACI) has risen 15.48% since April 20, 2016 and is uptrending. It has outperformed by 10.92% the S&P500.

CACI International Inc (NYSE:CACI) Ratings Coverage

Out of 10 analysts covering Caci International Inc (NYSE:CACI), 6 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 60% are positive. Caci International Inc has been the topic of 26 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Stifel Nicolaus maintained the shares of CACI in a report on Thursday, October 29 with “Buy” rating. The rating was upgraded by Noble Financial to “Buy” on Friday, August 14. On Thursday, November 12 the stock rating was downgraded by Noble Financial to “Hold”. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, June 23 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, October 30. The company was maintained on Friday, June 24 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, December 17 by BB&T Capital. Noble Financial downgraded the stock to “Hold” rating in Tuesday, November 15 report. The stock has “Hold” rating given by BB&T Capital on Wednesday, December 9. The firm earned “Buy” rating on Friday, February 5 by Citigroup.

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 increased to 1.46 in Q2 2016. Its up 0.53, from 0.93 in 2016Q1. The ratio improved, 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.
Arizona State Retirement Sys has 12,632 shares for 0.02% of their US portfolio. Principal Financial Gru holds 0.05% of its portfolio in CACI International Inc (NYSE:CACI) for 371,168 shares. Federated Investors Pa holds 4,615 shares or 0% of its portfolio. Bluecrest Mngmt holds 0.02% or 5,927 shares in its portfolio. Cubist Systematic Strategies Limited Liability Company has invested 0.02% of its portfolio in CACI International Inc (NYSE:CACI). Guggenheim Capital Ltd Liability Corporation holds 15,689 shares or 0% of its portfolio. Irving Magee Investment last reported 2.28% of its portfolio in the stock. Louisiana State Employees Retirement System reported 10,800 shares or 0.05% of all its holdings. The Missouri-based American Century has invested 0% in CACI International Inc (NYSE:CACI). Thrivent Financial For Lutherans, a Minnesota-based fund reported 203,872 shares. Zurcher Kantonalbank (Zurich Cantonalbank), a Switzerland-based fund reported 745 shares. Ghp Inv Advisors Inc holds 0.14% or 7,073 shares in its portfolio. Sg Americas Securities Lc last reported 0% of its portfolio in the stock. New York State Teachers Retirement Sys, a New York-based fund reported 62,141 shares. Laurion Cap Mngmt Ltd Partnership last reported 7,500 shares in the company.

Insider Transactions: Since June 7, 2016, the stock had 0 buys, and 11 insider sales for $1.32 million net activity. Shares for $25,360 were sold by PHILLIPS WARREN R on Wednesday, June 8. Shares for $35,652 were sold by Johnson Gregory G. MUTRYN THOMAS A sold $674,190 worth of stock. $12,689 worth of CACI International Inc (NYSE:CACI) was sold by Wallace William S. 966 shares with value of $97,286 were sold by REVOILE CHARLES P on Tuesday, June 7. 1,000 shares were sold by Pavitt James L, worth $98,445.

More recent CACI International Inc (NYSE:CACI) news were published by: Bizjournals.com which released: “​Drexel Hamilton: CACI to pay down debt, make acquisitions and begin growing” on November 18, 2016. Also Businesswire.com published the news titled: “CACI Awarded Prime Position on $192 Million Multiple-Award Contract to Support …” on November 17, 2016. Bizjournals.com‘s news article titled: “Why revenue growth may be elusive for CACI International in coming year” with publication date: October 19, 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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