Thu Sep 26 15:03:31 UTC 2024: ## Institutional Investors Show Confidence in CACI International

**New York, NY** – CACI International Inc. (NYSE:CACI) saw a surge in interest from institutional investors during the second quarter, according to recent SEC filings. Pacer Advisors Inc. increased its stake in the information technology services provider by 25.5%, acquiring an additional 861 shares. This brought their total holdings to 4,238 shares, valued at $1,823,000.

Other notable investors included Versant Capital Management Inc., who boosted their holdings by 900%, and GPS Wealth Strategies Group LLC, who increased their stake by 35.1%. Several new investors also entered the market, including LRI Investments LLC and Fifth Third Wealth Advisors LLC.

Overall, institutional investors now hold 86.43% of CACI’s outstanding shares, indicating strong confidence in the company’s future prospects.

**CACI’s recent performance**

CACI’s stock opened at $493.47 on Thursday, with a 52-week low of $302.21 and a 52-week high of $498.00. The company boasts a market capitalization of $11 billion, a PE ratio of 28.51, and a beta of 0.93.

**Insider trading**

CACI’s CEO, John S. Mengucci, sold 10,000 shares of the company’s stock on August 19th for a total value of $4,631,800.00. This transaction was disclosed in an SEC filing. Additionally, Director Gregory G. Johnson sold 300 shares on August 22nd for a total value of $141,300.00.

**Analyst ratings**

CACI has received a “Moderate Buy” rating from MarketBeat.com, with an average target price of $465.00. Several brokerages have issued positive reports, with Bank of America, TD Cowen, JPMorgan Chase & Co., Truist Financial, and Barclays all raising their target prices on the stock.

**About CACI International Inc.**

CACI International Inc. provides expertise and technology to government customers in the intelligence, defense, and federal civilian sectors. The company operates through two segments: Domestic Operations and International Operations.

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