The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Science Applications International Corp shares valued at $381,230 were sold by MCFARLAND KATHARINA G. on Jan 13 ’25. At $117.70 per share, MCFARLAND KATHARINA G. sold 3,239 shares. The insider’s holdings dropped to 6,864 shares worth approximately $0.82 million following the completion of this transaction.
Also, MCFARLAND KATHARINA G. purchased 3,239 shares, netting a total of over 368,469 in proceeds.
Before that, DiFronzo Vincent P. had added 150 shares to its account. In a trade valued at $16,888, the EVP,-Air Force & Comb Commands bought Science Applications International Corp shares for $112.59 each. Upon closing the transaction, the insider’s holdings increased to 150 shares, worth approximately $0.85 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 2.67%. Over the course of the year, Science Applications International Corp shares have jumped approximately 7.14%. Shares of the company reached a 52-week high of $121.42 on 01/22/25 and a 52-week low of $110.72 on 01/08/25. A 50-day SMA is recorded $120.58, while a 200-day SMA reached $127.46. Nevertheless, trading volume fell to 1.09 million shares from 0.48 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 118.95, which, if violated, would cause prices to drop to 118.13. In the upper region, resistance lies at 121.00. The next price resistance is at 122.23. RSI (Relative Strength Index) is 59.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.85, which suggests the price will increase in the coming days. Percent R is at 15.50%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
