KD Logo

Investing in Science Applications International Corp. (SAIC) Is Getting More Attractive

Science Applications International Corp.’s recently made public that its EVP, CHRO O’Hara Michelle A. acquired Company’s shares for reported $0.12 million on Jul 12 ’24. In the deal valued at $118.00 per share,1,000 shares were bought. As a result of this transaction, O’Hara Michelle A. now holds 33,497 shares worth roughly $4.37 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Jackson James Joshua bought 400 shares, generating $45,710 in total proceeds. Upon buying the shares at $114.28, the EVP, Army now owns 13,677 shares.

Before that, Attili Srinivas bought 100 shares. Science Applications International Corp. shares valued at $11,700 were divested by the EVP, Civilian at a price of $117.00 per share. As a result of the transaction, Attili Srinivas now holds 11,436 shares, worth roughly $1.49 million.

JP Morgan downgraded its Science Applications International Corp. [SAIC] rating to a Neutral from a an Overweight in a research note published on December 05, 2023; the price target was increased to $142 from $130. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early January from “an Overweight” to “an Equal-weight”. Citigroup began covering SAIC with “Buy” recommendation on December 08, 2022. Jefferies revised its rating on November 17, 2022. It rated SAIC as “a Hold” which previously was an “a Buy”.

Price Performance Review of SAIC

On Friday, Science Applications International Corp. [NASDAQ:SAIC] saw its stock jump 1.06% to $130.59. Over the last five days, the stock has gained 0.79%. Science Applications International Corp. shares have risen nearly 5.04% since the year began. Nevertheless, the stocks have risen 11.16% over the past one year. While a 52-week high of $145.17 was reached on 03/06/24, a 52-week low of $104.26 was recorded on 06/14/24. SMA at 50 days reached $121.67, while 200 days put it at $126.77.

Levels Of Support And Resistance For SAIC Stock

The 24-hour chart illustrates a support level at 129.62, which if violated will result in even more drops to 128.66. On the upside, there is a resistance level at 131.13. A further resistance level may holdings at 131.68. The Relative Strength Index (RSI) on the 14-day chart is 69.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.43, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.46%. Stochastics %K at 85.47% indicates the stock is a selling.

How much short interest is there in Science Applications International Corp.?

A steep rise in short interest was recorded in Science Applications International Corp. stocks on 2024-08-15, growing by 0.11 million shares to a total of 0.98 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 0.87 million shares. There was a rise of 11.47%, which implies that there is a positive sentiment for the stock.

Most Popular