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

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

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

Large investors have recently bought and sold shares of the company. FMR LLC boosted its stake in Science Applications International Corp. by 66.6% in the second quarter. FMR LLC now owns 3,686,573 shares of the company’s stock valued at $215,112,000 after buying an additional 1,473,440 shares during the last quarter. Vanguard Group Inc. boosted its stake in Science Applications International Corp. by 4.9% in the second quarter. Vanguard Group Inc. now owns 3,455,643 shares of the company’s stock valued at $201,636,000 after buying an additional 162,935 shares during the last quarter. State Street Corp boosted its stake in Science Applications International Corp. by 0.7% in the first quarter. State Street Corp now owns 1,446,148 shares of the company’s stock valued at $77,135,000 after buying an additional 10,345 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Science Applications International Corp. by 1.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,032,014 shares of the company’s stock valued at $60,215,000 after buying an additional 13,957 shares during the last quarter. Finally, TimesSquare Capital Management LLC boosted its stake in Science Applications International Corp. by 10.3% in the second quarter. TimesSquare Capital Management LLC now owns 965,000 shares of the company’s stock valued at $56,308,000 after buying an additional 90,000 shares during the last quarter. Institutional investors own 63.49% of the company’s stock.

A number of equities research analysts have issued reports on SAIC shares. Zacks Investment Research upgraded Science Applications International Corp. from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a research report on Tuesday, August 16th. Jefferies Group restated a “buy” rating on shares of Science Applications International Corp. in a research report on Wednesday, August 10th. BB&T Corp. downgraded Science Applications International Corp. from a “buy” rating to a “hold” rating in a research report on Monday, June 13th. Cowen and Company downgraded Science Applications International Corp. from an “outperform” rating to a “market perform” rating and upped their price objective for the company from $64.00 to $71.00 in a research report on Friday, September 9th. Finally, Citigroup Inc. restated a “buy” rating and set a $64.00 price objective (up from $60.00) on shares of Science Applications International Corp. in a research report on Wednesday, June 8th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average 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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