J. William Koegel Jr., EVP and General Counsel of CACI International Inc (NYSE:CACI), has recently sold a portion of his stock in the company, according to the latest SEC filings. The transaction involved the sale of 970 shares at prices that ranged from $483.27 to $483.64, with the reported weighted average sale price being $483.27. The total value of the shares sold amounted to approximately $468,771.
The sale took place on August 29, with the filing made public on September 3. Following the transaction, Koegel still retains 22,651 shares of CACI International Inc. The company, known for its computer-integrated systems design services, has its stock listed on the New York Stock Exchange under the ticker symbol NYSE:CACI.
Investors often keep an eye on insider transactions as they can provide insights into an executive’s confidence in the company’s prospects. In this case, the sale represents a notable change in Koegel’s investment in the company, although the reasons behind the transaction have not been disclosed.
CACI International Inc has not made any comments regarding the transaction, and it remains part of the routine disclosures that executives are required to make regarding their stock ownership in the company.
Shareholders and potential investors can access further details and full information regarding the specific number of shares and the prices at which the transaction was effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
In other recent news, CACI International reported a substantial 20% increase in Q4 revenue and a 14% rise for the full fiscal year, surpassing its own guidance. This robust performance was accompanied by a record $14 billion in contract awards. The company’s EBITDA reached nearly $800 million, its free cash flow surpassed $380 million, and its backlog rose to a robust $32 billion, marking a 22% year-on-year increase.
Additionally, CACI International secured an $80 million task order from the U.S. Navy for engineering support and a potential six-year, $239 million task order from the U.S. Army for intelligence analysis and operations support.
BofA Securities and Baird have both expressed optimism about CACI’s future, with BofA Securities raising the stock’s price target from $450.00 to $535.00 and maintaining a Buy rating, while Baird increased its price target to $544.
For fiscal year 2025, CACI projects a revenue growth of 6% to 8.5%, with an expected 11% increase in free cash flow per share. The company’s revenue is estimated to be between $7.9 billion and $8.1 billion, with adjusted net income projected between $505 million and $525 million.
Finally, CACI has been recognized with two Nunn-Perry Awards for its mentorship excellence under the Department of Defense (DoD) Mentor Protégé Program.
InvestingPro Insights
In light of recent insider trading activity by J. William Koegel Jr., EVP and General Counsel of CACI International Inc, market participants may find it beneficial to consider the broader financial context of the company. As of the last twelve months, CACI International boasts a market capitalization of $10.63 billion, indicating a significant presence within its sector.
Investors evaluating CACI’s stock should note its Price-to-Earnings (P/E) ratio of 25.45, which suggests a relatively high valuation compared to near-term earnings growth—a point highlighted by one of the InvestingPro Tips. This metric, coupled with the company’s moderate level of debt, paints a picture of its current financial positioning. For a more comprehensive analysis, the InvestingPro platform lists additional tips for CACI International.
From a performance standpoint, CACI’s stock has been trading near its 52-week high, with the price at 97.79% of this peak. This aligns with another InvestingPro Tip that points out CACI’s large price uptick over the last six months, boasting a 26.3% return in that period. Additionally, the company has experienced a revenue growth of 14.28% over the last twelve months, which may be of interest to investors looking for companies with strong top-line growth.
For those considering an investment in CACI International, it’s worth noting that analysts predict the company will be profitable this year, and it has been profitable over the last twelve months. While CACI does not pay a dividend, its strong return over the last five years and the last decade could be a compelling factor for growth-focused portfolios. To explore further insights and tips on CACI International, including the total number of additional tips available, visit InvestingPro at: https://www.investing.com/pro/CACI.
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