Science Applications International (NASDAQ:SAIC) Stock Price Up 3% on Insider Buying Activity

Science Applications International Corporation (NASDAQ:SAIC)’s share price shot up 3% during mid-day trading on Wednesday after an insider bought additional shares in the company. The stock traded as high as $132.12 and last traded at $133.5990. Approximately 30,764 shares were traded during trading, a decline of 95% from the average session volume of 569,832 shares. The stock had previously closed at $129.69.

Specifically, Director C. David Cush acquired 1,000 shares of the company’s stock in a transaction on Tuesday, September 22nd. The shares were bought at an average cost of $132.50 per share, with a total value of $132,500.00. Following the completion of the acquisition, the director owned 1,000 shares in the company, valued at approximately $132,500. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Wall Street Zen cut shares of Science Applications International from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Jefferies Financial Group boosted their price objective on Science Applications International from $130.00 to $140.00 and gave the stock a “hold” rating in a research note on Tuesday, September 1st. UBS Group upped their target price on Science Applications International from $108.00 to $123.00 and gave the company a “neutral” rating in a report on Tuesday, September 1st. JPMorgan Chase & Co. lifted their price target on Science Applications International from $110.00 to $125.00 and gave the stock a “neutral” rating in a report on Tuesday, June 2nd. Finally, TD Cowen restated a “hold” rating on shares of Science Applications International in a research report on Monday, August 31st. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Science Applications International has an average rating of “Hold” and an average target price of $125.22.

Science Applications International News Roundup

Here are the key news stories impacting Science Applications International this week:

• Positive Sentiment: Director C. David Cush purchased 1,000 SAIC shares at an average price of $132.50, investing $132,500. The open-market purchase increases his position from zero shares and may signal confidence in the company’s valuation and outlook. Insider purchase report
• Positive Sentiment: Zacks Research raised its full-year EPS forecasts for FY2027, FY2028 and FY2029 to $10.70, $10.74 and $11.70, respectively. The FY2027 increase—from $9.98—was particularly significant and suggests improving expectations for SAIC’s longer-term earnings potential.
• Positive Sentiment: The company’s latest quarterly results exceeded expectations, with EPS of $3.01 versus the $2.31 consensus estimate and revenue of $1.88 billion versus $1.76 billion expected. Revenue increased 6.3% year over year, providing a favorable operating backdrop.
• Neutral Sentiment: SAIC declared a quarterly dividend of $0.37 per share, payable October 23 to shareholders of record October 9. The annualized dividend is $1.48, representing a yield of approximately 1.1%.
• Negative Sentiment: Zacks reduced several quarterly estimates, including Q3 FY2027 EPS to $2.30 from $2.42, Q4 FY2027 to $2.16 from $2.18, and Q3 FY2028 to $2.75 from $2.81. These cuts point to potentially uneven near-term earnings momentum.
• Negative Sentiment: Analyst sentiment remains cautious: SAIC has a consensus “Hold” rating and an average price target of $125.22, below the roughly $130 area where the stock recently traded. That gap may limit upside despite the improved long-term forecasts.

Science Applications International Trading Up 3.6%

The business’s 50-day simple moving average is $124.53 and its two-hundred day simple moving average is $109.38. The firm has a market capitalization of $5.63 billion, a price-to-earnings ratio of 15.69 and a beta of 0.30. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.71.

Science Applications International (NASDAQ:SAIC) last issued its quarterly earnings data on Monday, August 31st. The company reported $3.01 EPS for the quarter, topping the consensus estimate of $2.31 by $0.70. The firm had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.76 billion. Science Applications International had a net margin of 5.13% and a return on equity of 34.68%. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the prior year, the business posted $3.63 EPS. Equities analysts forecast that Science Applications International Corporation will post 10.77 earnings per share for the current year.

Science Applications International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Friday, October 9th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, October 9th. Science Applications International’s dividend payout ratio is 17.31%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its stake in Science Applications International by 13.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,535,288 shares of the company’s stock worth $145,730,000 after acquiring an additional 185,066 shares in the last quarter. Norges Bank purchased a new position in Science Applications International during the 4th quarter valued at about $53,403,000. River Road Asset Management LLC grew its position in Science Applications International by 44.4% in the 4th quarter. River Road Asset Management LLC now owns 479,677 shares of the company’s stock valued at $48,284,000 after acquiring an additional 147,438 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Science Applications International in the 2nd quarter valued at about $44,044,000. Finally, Bank of America Corp DE increased its stake in Science Applications International by 17.5% during the first quarter. Bank of America Corp DE now owns 380,538 shares of the company’s stock worth $36,121,000 after purchasing an additional 56,720 shares during the period. 76.00% of the stock is currently owned by hedge funds and other institutional investors.

Science Applications International Company Profile

Science Applications International Corporation (SAIC) is a technology integrator and government services contractor that provides mission-critical solutions to the U.S. government. The company supports defense, intelligence, space, civilian, and federal law enforcement organizations with services designed to improve operational performance, modernize legacy systems, and address complex national security and public-sector challenges.

SAIC’s offerings include information technology modernization, cloud computing, cybersecurity, artificial intelligence and data analytics, digital engineering, software development, systems integration, and enterprise IT services.