Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Science Applications International Corp shares valued at $16,888 were purchased by DiFronzo Vincent P. on Dec 16 ’24. At $112.59 per share, DiFronzo Vincent P. acquired 150 shares. The insider’s holdings grew to 7,130 shares worth approximately $0.81 million following the completion of this transaction.
Also, Attili Srinivas purchased 100 shares, netting a total of over 11,342 in proceeds. Following the buying of shares at $113.42 each, the insider now holds 11,536 shares.
Before that, Supplee Barbara had added 425 shares to its account. In a trade valued at $49,453, the EVP, Navy bought Science Applications International Corp shares for $116.36 each. Upon closing the transaction, the insider’s holdings increased to 425 shares, worth approximately $0.41 million.
As published in a research note from TD Cowen on January 08, 2025, Science Applications International Corp [SAIC] has been rated down from a Buy to a Hold and the price target has been revised to $120 from $155. Analysts at UBS started covering the stock with ‘”a Neutral”‘ outlook in a report released in early December. As of November 26, 2024, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for SAIC. Earlier on October 02, 2024, JP Morgan upgraded its rating. Their new recommendation was “an Overweight” for SAIC stock which previously was a “a Neutral”.
Analyzing SAIC Stock Performance
During the last five days, there has been a surge of approximately 1.77%. Over the course of the year, Science Applications International Corp shares have jumped approximately 1.77%. Shares of the company reached a 52-week high of $115.97 on 01/06/25 and a 52-week low of $110.72 on 01/08/25. A 50-day SMA is recorded $125.21, while a 200-day SMA reached $127.93. Nevertheless, trading volume fell to 0.55 million shares from 0.43 million shares the previous day.
Support And Resistance Levels for Science Applications International Corp (SAIC)
According to the 24-hour chart, there is a support level at 111.70, which, if violated, would cause prices to drop to 109.64. In the upper region, resistance lies at 114.84. The next price resistance is at 115.92. RSI (Relative Strength Index) is 40.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.81, which suggests the price will increase in the coming days. Percent R is at 31.26%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
