Science Applications International Corp (SAIC) Files Form 4 Insider Selling : John Robert Hartley Sells 13,000 Shares

Science Applications International Corp (SAIC): John Robert Hartley , Chief Financial Officer of Science Applications International Corp sold 13,000 shares on Jun 15, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $56.94 per share for a total value of $740,251.19 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 14, 2016, John Robert Hartley (Chief Financial Officer) sold 23,000 shares at $51.99 per share price.On Sep 3, 2015, Anthony J Moraco (CEO) purchased 350 shares at $43.00 per share price.Also, On Sep 3, 2015, Robert A Bedingfield (director) purchased 1,000 shares at $43.44 per share price.On Apr 8, 2015, Steven R Shane (director) purchased 2,000 shares at $52.13 per share price.

Shares of Science Applications International Corp (SAIC) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -1.25 points or -2.15% at $56.76 with 3,68,433 shares getting traded. Post opening the session at $58.26, the shares hit an intraday low of $56.66 and an intraday high of $58.26 and the price vacillated in this range throughout the day. The company has a market cap of $2,544 M and the number of outstanding shares has been calculated to be 4,48,25,450 shares. The 52-week high of Science Applications International Corp is $61.93 and the 52-week low is $39.28.

Science Applications International Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Science Applications International Corp is Reiterated by Jefferies to Buy and the brokerage firm has raised the Price Target to $ 68 from a previous price target of $61 .The Rating was issued on Jun 15, 2016.Science Applications International Corp is Downgraded by Wells Fargo to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jun 13, 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. SAIC’s 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.

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