Science Applications International Corp. (NYSE:SAIC) CEO Anthony J. Moraco sold 38,821 shares of the firm’s stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of $66.58, for a total value of $2,584,702.18. Following the transaction, the chief executive officer now owns 204,879 shares in the company, valued at $13,640,843.82. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Science Applications International Corp. (NYSE:SAIC) opened at 67.85 on Tuesday. The stock has a 50 day moving average price of $63.44 and a 200-day moving average price of $56.51. Science Applications International Corp. has a 1-year low of $39.28 and a 1-year high of $72.50. The stock has a market cap of $3.00 billion, a PE ratio of 23.90 and a beta of 1.56.

Science Applications International Corp. (NYSE:SAIC) last posted its earnings results on Thursday, September 8th. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The company had revenue of $1.10 billion for the quarter. Science Applications International Corp. had a return on equity of 38.81% and a net margin of 2.92%. Science Applications International Corp.’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.66 earnings per share. On average, equities analysts expect that Science Applications International Corp. will post $3.30 EPS for the current year.

Several large investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in Science Applications International Corp. by 9.0% in the first quarter. Envestnet Asset Management Inc. now owns 2,252 shares of the company’s stock worth $120,000 after buying an additional 185 shares in the last quarter. Smith Asset Management Group LP increased its stake in shares of Science Applications International Corp. by 8,461.5% in the second quarter. Smith Asset Management Group LP now owns 2,226 shares of the company’s stock worth $130,000 after buying an additional 2,200 shares during the period. LS Investment Advisors LLC increased its stake in shares of Science Applications International Corp. by 69.6% in the second quarter. LS Investment Advisors LLC now owns 2,449 shares of the company’s stock worth $143,000 after buying an additional 1,005 shares during the period. Quantbot Technologies LP bought a new stake in shares of Science Applications International Corp. during the second quarter worth about $166,000. Finally, Commonwealth Equity Services Inc bought a new stake in shares of Science Applications International Corp. during the second quarter worth about $203,000. Institutional investors own 63.49% of the company’s stock.

SAIC has been the topic of a number of recent analyst reports. Citigroup Inc. reiterated a “buy” rating and issued a $64.00 price objective (up from $60.00) on shares of Science Applications International Corp. in a research report on Wednesday, June 8th. Wells Fargo & Co. lowered Science Applications International Corp. from an “outperform” rating to a “market perform” rating in a research report on Monday, June 13th. BB&T Corp. lowered Science Applications International Corp. from a “buy” rating to a “hold” rating in a research report on Monday, June 13th. SunTrust Banks Inc. reiterated a “buy” rating on shares of Science Applications International Corp. in a research report on Monday, June 13th. Finally, Jefferies Group lifted their price objective on Science Applications International Corp. from $61.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, June 15th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Science Applications International Corp. currently has an average rating of “Buy” and a consensus price target of $71.00.

About Science Applications International Corp.

Science Applications International Corporation (SAIC) is a provider of technical, engineering and enterprise information technology (IT) services. The Company provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies.

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