Saic’s EVP Hilary Hageman buys $10,974 in common stock

Published 26/03/2025, 21:12
Saic’s EVP Hilary Hageman buys $10,974 in common stock

Hilary Hageman, Executive Vice President and General Counsel at Science Applications (NASDAQ:SAIC) International Corp (NYSE:SAIC), recently increased her stake in the company. According to a recent SEC filing, Hageman purchased 100 shares of SAIC common stock on March 26, 2025, at a price of $109.74 per share. This transaction amounted to a total purchase value of $10,974. Following this acquisition, Hageman’s total holdings in the company stand at 16,993 shares.The insider purchase comes as InvestingPro data shows SAIC trading below its Fair Value, with the company maintaining a "GOOD" overall financial health score. The company offers a 1.36% dividend yield and has maintained dividend payments for 13 consecutive years. InvestingPro analysis reveals management has been actively buying back shares, with several additional insights available to subscribers through the comprehensive Pro Research Report.

In other recent news, Science Applications International Corp (SAIC) reported strong fourth-quarter earnings for fiscal year 2025, surpassing analyst expectations. The company achieved earnings per share (EPS) of $2.57, exceeding the forecasted $2.08, with revenue hitting $1.84 billion, above the anticipated $1.81 billion. This performance highlights SAIC’s effective cost management and operational efficiency. Additionally, UBS raised SAIC’s price target to $126, maintaining a Neutral stock rating, as the Government IT sector shows signs of stabilization. Despite ongoing uncertainties, SAIC has expressed a cautiously optimistic outlook, with plans to achieve a 1.2X book-to-bill ratio in the first half of fiscal year 2026. The company also provided positive revenue guidance for fiscal year 2026, projecting growth between $7.6 billion and $7.75 billion, with an expected EBITDA margin of 9.4% to 9.6%. As SAIC continues to innovate in biometric and digital engineering technologies, it remains focused on navigating potential risks from government efficiency initiatives.

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