Barbara Supplee Buys 425 Shares of Science Applications International Co. (NYSE:SAIC) Stock

Science Applications International Co. (NYSE:SAIC) EVP Barbara Supplee purchased 425 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were bought at an average price of $116.36 per share, with a total value of $49,453.00. Following the completion of the acquisition, the executive vice president now owns 3,579 shares of the company’s stock, valued at $416,452.44. This trade represents a 13.47 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Barbara Supplee also recently made the following trade(s):

• On Friday, September 27th, Barbara Supplee purchased 150 shares of Science Applications International stock. The shares were bought at an average price of $137.38 per share, with a total value of $20,607.00.

Science Applications International Trading Down 0.4 %

NYSE:SAIC opened at $113.06 on Friday. Science Applications International Co. has a 12 month low of $111.34 and a 12 month high of $156.34. The firm has a market cap of $5.53 billion, a price-to-earnings ratio of 19.07 and a beta of 0.64. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.20. The company’s 50 day moving average is $135.27 and its 200-day moving average is $128.69.

Science Applications International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 10th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date is Friday, January 10th. Science Applications International’s dividend payout ratio is 24.96%.

Hedge Funds Weigh In On Science Applications International

A number of institutional investors have recently modified their holdings of the company. Fifth Third Bancorp raised its position in shares of Science Applications International by 30.4% in the second quarter. Fifth Third Bancorp now owns 360 shares of the information technology services provider’s stock valued at $42,000 after purchasing an additional 84 shares during the period. Cetera Investment Advisers increased its position in Science Applications International by 0.5% during the second quarter. Cetera Investment Advisers now owns 19,060 shares of the information technology services provider’s stock worth $2,240,000 after acquiring an additional 87 shares during the period. Bank of Montreal Can increased its position in Science Applications International by 1.2% during the second quarter. Bank of Montreal Can now owns 7,425 shares of the information technology services provider’s stock worth $878,000 after acquiring an additional 90 shares during the period. CWM LLC increased its position in Science Applications International by 56.8% during the second quarter. CWM LLC now owns 406 shares of the information technology services provider’s stock worth $48,000 after acquiring an additional 147 shares during the period. Finally, Arizona State Retirement System increased its position in Science Applications International by 1.1% during the second quarter. Arizona State Retirement System now owns 14,460 shares of the information technology services provider’s stock worth $1,700,000 after acquiring an additional 152 shares during the period. Institutional investors own 76.00% of the company’s stock.

Wall Street Analysts Forecast Growth

SAIC has been the subject of several research reports. Barclays raised their price target on shares of Science Applications International from $135.00 to $150.00 and gave the stock an “equal weight” rating in a report on Monday, September 16th. The Goldman Sachs Group decreased their price target on shares of Science Applications International from $124.00 to $103.00 and set a “sell” rating for the company in a report on Thursday. StockNews.com raised shares of Science Applications International from a “buy” rating to a “strong-buy” rating in a research report on Monday, December 9th. JPMorgan Chase & Co. cut their price objective on shares of Science Applications International from $170.00 to $148.00 and set an “overweight” rating on the stock in a research report on Friday, December 6th. Finally, Truist Financial raised their price objective on shares of Science Applications International from $125.00 to $135.00 and gave the company a “hold” rating in a research report on Friday, September 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Science Applications International presently has a consensus rating of “Moderate Buy” and a consensus target price of $144.38.

Science Applications International Company Profile

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces.