American Century Companies Inc. reduced its position in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) by 10.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 65,998 shares of the information technology services provider’s stock after selling 7,938 shares during the quarter. American Century Companies Inc. owned 0.15% of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION worth $4,582,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Tyers Asset Management LLC grew its stake in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 11.8% during the 1st quarter. Tyers Asset Management LLC now owns 1,360 shares of the information technology services provider’s stock valued at $101,000 after purchasing an additional 144 shares during the period. Sei Investments Co. grew its stake in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 2.9% during the 1st quarter. Sei Investments Co. now owns 1,385 shares of the information technology services provider’s stock valued at $103,000 after purchasing an additional 39 shares during the period. Harbour Capital Advisors LLC bought a new stake in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION during the 1st quarter valued at about $132,000. Bank of Montreal Can grew its stake in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 128.3% during the 2nd quarter. Bank of Montreal Can now owns 1,906 shares of the information technology services provider’s stock valued at $132,000 after purchasing an additional 1,071 shares during the period. Finally, Elkfork Partners LLC grew its stake in shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION by 11.8% during the 1st quarter. Elkfork Partners LLC now owns 1,870 shares of the information technology services provider’s stock valued at $139,000 after purchasing an additional 198 shares during the period. Institutional investors and hedge funds own 63.79% of the company’s stock.

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A number of equities research analysts have issued reports on SAIC shares. 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 research note on Friday. Zacks Investment Research upgraded SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a research note on Thursday, June 1st. Cowen and Company restated a “hold” rating and set a $75.00 price target on shares of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION in a research note on Monday, May 15th. BidaskClub downgraded SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Jefferies Group LLC downgraded SCIENCE APPLICATIONS INTERNATIONAL CORPORATION from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $80.00.

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) opened at 61.06 on Monday. The company has a market capitalization of $2.67 billion, a P/E ratio of 17.00 and a beta of 1.64. The company’s 50 day moving average price is $71.09 and its 200-day moving average price is $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 posted its earnings results on Thursday, September 7th. The information technology services provider reported $0.89 EPS for the quarter, missing the consensus estimate of $0.91 by $0.02. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.08 billion. SCIENCE APPLICATIONS INTERNATIONAL CORPORATION had a return on equity of 48.69% and a net margin of 3.77%. The firm’s revenue was down 1.6% on a year-over-year basis. During the same period last year, the business earned $0.85 earnings per share. Equities research analysts expect that SCIENCE APPLICATIONS INTERNATIONAL CORPORATION will post $3.79 earnings per share for the current year.

In related news, insider Douglas Martin Wagoner sold 30,072 shares of the firm’s stock in a transaction dated Tuesday, June 27th. The stock was sold at an average price of $68.95, for a total transaction of $2,073,464.40. Following the sale, the insider now directly owns 8,859 shares of the company’s stock, valued at $610,828.05. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders have sold 44,472 shares of company stock worth $3,119,732. 2.28% of the stock is owned by corporate insiders.

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION Company 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.

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

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