Short Interest in CACI International Inc (NYSE:CACI) Increases By 30.5%
From MarketBeat:
CACI International Inc. was the subject of a substantial increase in short interest in January, with a total of 317,800 shares, marking a 30.5% increase from the previous month. Approximately 1.5% of the stock’s shares are sold short, with a days-to-cover ratio of 2.8 days. The average target price is $375.00.
Recent reports indicate an increase in the stock ratings for CACI International, with a moderate buy rating and an average target price of $375.00. The company’s stock performance shows a current market cap of $7.63 billion and a 52-week range of $275.79 to $359.33. The company’s latest quarterly earnings data revealed an EPS of $4.36, with a return on equity of 13.73%.
In insider news, Director Debora A. Plunkett sold 350 shares of CACI International stock for a total value of $114,702.00. This move is part of a trend of insiders selling the company’s stock, with corporate insiders owning around 1.23%. On the institutional side, hedge funds and other investors currently own 87.30% of the company’s stock.
CACI International Inc provides expertise and technology to national security and government modernization missions. Its two main segments are Domestic Operations and International Operations. The company operates in the intelligence, defense, and federal civilian sectors.
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