Science Applications International Corp. (NASDAQ: SAIC) reported an insider purchase by Executive Vice President Srinivas Attili on April 9, 2026. Attili purchased 100 shares of common stock at $94.96 per share, a transaction valued at $9,496.
The buy occurred after the stock had declined 7.5% over the prior week. According to InvestingPro analysis cited by the company, SAIC is still considered undervalued at prevailing market levels. InvestingPro Tips further note management has been actively repurchasing shares, a factor the company highlights alongside the insider transaction.
Following this purchase, Attili now directly holds 17,656 shares of Science Applications International Corp.
In corporate results disclosed with the transaction context, SAIC reported fourth-quarter fiscal 2026 adjusted diluted earnings per share of $2.62, topping the consensus forecast of $1.98. Revenue for the quarter came in at $1.75 billion, marginally under the expected $1.77 billion.
Concurrently, the company expanded its board of directors by adding Paul Eremenko and retired Navy Admiral Michael Rogers, increasing the board size from 11 to 13 members. Both newly appointed directors will serve on the Audit and Technology Committees.
Market analysts reacted to the quarter and company commentary with price-target adjustments. Truist Securities lowered its target for SAIC from $110 to $95 and retained a Hold rating, citing growth concerns. Stifel reduced its price target from $128 to $120 but maintained a Buy rating following remarks from SAIC’s new chief executive officer, Jim Reagan.
These items - the insider purchase, the quarter’s mixed financials, board additions, and analyst target changes - together represent ongoing strategic decisions and market responses that are influencing perceptions of SAIC.
For investors seeking further valuation context, InvestingPro offers a Pro Research Report covering SAIC alongside more than 1,400 other U.S. equities.