SCHEDULE: Fuller & Thaler Discloses 5.82% Stake in SAIC

Fuller & Thaler Asset Management, Inc. reported a 5.82% beneficial ownership stake in Science Applications International Corp (SAIC) common stock.

Summary

• Fuller & Thaler Asset Management, Inc. has filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in Science Applications International Corp (SAIC).
• The filing indicates beneficial ownership of 2,626,951.05 shares of SAIC Common Stock.
• This represents 5.82% of the class of securities.
• Fuller & Thaler Asset Management, Inc. holds sole voting power over 2,605,936.05 shares and sole dispositive power over 2,626,951.05 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as moderately positive, as it signals increased institutional confidence in SAIC through a significant ownership stake, without any negative implications.

Positives

• Increased institutional ownership by Fuller & Thaler Asset Management, Inc. may signal confidence in Science Applications International Corp (SAIC).

Future Outlook

This filing does not contain forward-looking statements or guidance from the issuer or the reporting person regarding future performance or outlook.

Industry Context

StockSavvy.ai notes that the disclosure of a significant institutional stake, such as this 5.82% ownership by Fuller & Thaler Asset Management, Inc., can be viewed positively by the market. It indicates that a professional investment firm sees value in Science Applications International Corp (SAIC), potentially influencing other investors' perceptions and interest in the stock. This type of filing is a routine disclosure of passive investment activity, not typically indicative of strategic shifts within the industry, but rather a reflection of an investment manager's portfolio allocation.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake by Fuller & Thaler Asset Management, Inc. may be perceived as a positive signal, potentially increasing investor confidence and demand for SAIC shares.

Key Dates

Keywords

Science Applications International Corp, SAIC, Fuller & Thaler Asset Management, Institutional Ownership, Schedule 13G, Common Stock, Investment Adviser, Beneficial Ownership