SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) jumped 1.24 points or 2.16% on strong buying and was last priced at $58.56 per share. The shares saw huge fund flow intraday; a massive $13.35 million made their way in through the upticks but an even bigger $19.41 million made their way out through downticks. As per the last observation, the net money flow stood at $(-6.07) million and the up/down ratio was found to be 0.69. The shares have seen a weekly value change of 4.95% .A block trade was recorded in the company shares with a net money flow of $(-4.64) million. The composite value of the funds in upticks was $0 million and the total value of funds in downticks was $4.64. As can be seen from the data, the block transaction had the up/down ratio of 0.
Currently the company Insiders own 1.66% of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -21.08% . Institutional Investors own 64.14% of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION shares. During last six month period, the net percent change held by insiders has seen a change of -21.08%. On the companys insider trading activities,The officer (Chief Financial Officer) of Science Applications International Corp, Hartley John Robert sold 23,000 shares at $51.99 on April 12, 2016. The Insider selling transaction had a total value worth of $1,195,770. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) : On Monday heightened volatility was witnessed in SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) which led to swings in the share price. The stock opened for trading at $61.5 and hit $61.93 on the upside , eventually ending the session at $58.56, with a gain of 2.16% or 1.24 points. The heightened volatility saw the trading volume jump to 1,040,627 shares. The 52-week high of the share price is $57.81 and the company has a market cap of $2,622 million. The 52-week low of the share price is at $39.28 .
Many analysts have stated their opinion on the company shares. Equity Analysts at the Citigroup maintains the rating on SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $60 per share to $64 per share. The rating by the firm was issued on June 8, 2016.
Science Applications International Corporation (SAIC) is a technology integrator. The Company provides life cycle services and solutions in the technical, engineering, intelligence and enterprise information technology (IT) markets. It provides services to the United States Government, including the Department of Defense (DoD) and federal civilian agencies. It provides systems engineering and integration services for projects and offers services with an emphasis on differentiated technology services. SAIC offers products to four branches of the United States military; United States Defense Logistics Agency; National Aeronautics and Space Administration; United States Department of State, and United States Department of Homeland Security. SAICs offerings include engineering and maintenance of ground and maritime systems, logistics, training and simulation, and services spanning the design, development, integration, deployment, management and operations, sustainment and security.