SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) Shares Bought by Capital Fund Management S.A.

Capital Fund Management S.A. grew its stake in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) by 1,081.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 118,003 shares of the information technology services provider’s stock after acquiring an additional 108,014 shares during the period. Capital Fund Management S.A. owned 0.27% of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION worth $8,192,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN grew its holdings in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 9.7% during the 2nd quarter. Wells Fargo & Company MN now owns 102,243 shares of the information technology services provider’s stock valued at $7,098,000 after acquiring an additional 9,038 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 1.3% during the 2nd quarter. Franklin Resources Inc. now owns 16,278 shares of the information technology services provider’s stock valued at $1,130,000 after acquiring an additional 207 shares in the last quarter. TimesSquare Capital Management LLC grew its holdings in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 6.6% during the 2nd quarter. TimesSquare Capital Management LLC now owns 577,900 shares of the information technology services provider’s stock valued at $40,118,000 after acquiring an additional 35,540 shares in the last quarter. Swiss National Bank grew its holdings in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 4.7% during the 2nd quarter. Swiss National Bank now owns 73,115 shares of the information technology services provider’s stock valued at $5,076,000 after acquiring an additional 3,300 shares in the last quarter. Finally, Pacad Investment Ltd. grew its holdings in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 176.8% during the 2nd quarter. Pacad Investment Ltd. now owns 14,670 shares of the information technology services provider’s stock valued at $1,018,000 after acquiring an additional 9,370 shares in the last quarter. Institutional investors and hedge funds own 63.79% of the company’s stock.

In other SCIENCE APPLICATIONS INTERNATIONAL CORPORATION news, insider Douglas Martin Wagoner sold 1,524 shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION stock in a transaction on Friday, June 23rd. The shares were sold at an average price of $71.58, for a total value of $109,087.92. Following the sale, the insider now directly owns 106,147 shares in the company, valued at approximately $7,598,002.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 44,472 shares of company stock worth $3,119,732 over the last quarter. Company insiders own 2.28% of the company’s stock.

Several equities analysts have recently commented on the stock. Jefferies Group LLC restated a “hold” rating and set a $66.00 price target on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a report on Friday, July 14th. ValuEngine cut shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “buy” rating to a “hold” rating in a report on Tuesday, June 13th. Wells Fargo & Company restated a “market perform” rating and set a $75.00 price target (down from $80.00) on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a report on Tuesday, June 13th. Zacks Investment Research cut shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “hold” rating to a “sell” rating in a report on Wednesday, August 16th. Finally, Seaport Global Securities restated a “buy” rating and set a $80.00 price target (down from $83.00) on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a report on Friday. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION has an average rating of “Hold” and a consensus target price of $80.00.

Shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) traded down 18.22% during midday trading on Friday, reaching $61.06. 1,922,099 shares of the company were exchanged. The company has a market capitalization of $2.67 billion, a P/E ratio of 17.00 and a beta of 1.64. The stock has a 50-day moving average price of $71.09 and a 200 day moving average price of $75.32. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION has a 52-week low of $60.81 and a 52-week high of $89.87.

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) last issued its quarterly earnings data on Thursday, September 7th. The information technology services provider reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by $0.02. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION had a return on equity of 47.85% and a net margin of 3.77%. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the business earned $0.85 earnings per share. The company’s revenue was down 1.6% on a year-over-year basis. Equities research analysts expect that SCIENCE APPLICATIONS INTERNATIONAL CORPORATION will post $3.79 EPS for the current fiscal year.

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SCIENCE APPLICATIONS INTERNATIONAL CORPORATION Profile

Science Applications International Corporation (SAIC) is a provider of technical, engineering and enterprise information technology (IT) services. The Company provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies.

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Institutional Ownership by Quarter for SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC)

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