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Science Applications International Corp [SAIC] Investment Appeal on the Rise

Science Applications International Corp’s recently made public that its EVP,-Air Force & Comb Commands DiFronzo Vincent P. acquired Company’s shares for reported $16888.0 on Dec 16 ’24. In the deal valued at $112.59 per share,150 shares were bought. As a result of this transaction, DiFronzo Vincent P. now holds 7,130 shares worth roughly $0.79 million.

Then, Attili Srinivas bought 100 shares, generating $11,342 in total proceeds. Upon buying the shares at $113.42, the EVP, Civilian now owns 11,536 shares.

Before that, Supplee Barbara bought 425 shares. Science Applications International Corp shares valued at $49,453 were divested by the EVP, Navy at a price of $116.36 per share. As a result of the transaction, Supplee Barbara now holds 3,579 shares, worth roughly $0.4 million.

UBS initiated its Science Applications International Corp [SAIC] rating to a Neutral in a research note published on December 02, 2024; the price target was $134. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in late November from “an Equal weight” to “an Overweight”. JP Morgan also remained covering SAIC and has increased its forecast on October 02, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. JP Morgan revised its rating on December 05, 2023. It rated SAIC as “a Neutral” which previously was an “an Overweight”.

Price Performance Review of SAIC

On Friday, Science Applications International Corp [NASDAQ:SAIC] saw its stock jump 1.19% to $111.42. Over the last five days, the stock has lost -1.45%. Science Applications International Corp shares have fallen nearly -10.38% since the year began. Nevertheless, the stocks have fallen -9.21% over the past one year. While a 52-week high of $156.34 was reached on 11/06/24, a 52-week low of $108.90 was recorded on 12/19/24. SMA at 50 days reached $132.57, while 200 days put it at $129.20.

Levels Of Support And Resistance For SAIC Stock

The 24-hour chart illustrates a support level at 110.14, which if violated will result in even more drops to 108.85. On the upside, there is a resistance level at 112.44. A further resistance level may holdings at 113.45. The Relative Strength Index (RSI) on the 14-day chart is 27.90, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.54%. Stochastics %K at 5.92% indicates the stock is a buying.

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 2024-11-15, growing by 71725.0 shares to a total of 0.94 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 0.87 million shares. There was a rise of 7.6%, which implies that there is a positive sentiment for the stock.

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