Vestcor Inc Invests $290,000 in SIGA Technologies, Inc. (NASDAQ:SIGA)

Vestcor Inc acquired a new stake in SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 48,177 shares of the company's stock, valued at approximately $290,000. Vestcor Inc owned 0.07% of SIGA Technologies as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Hotchkis & Wiley Capital Management LLC lifted its holdings in shares of SIGA Technologies by 152.6% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 2,048,440 shares of the company's stock valued at $13,827,000 after buying an additional 1,237,620 shares during the last quarter. Geode Capital Management LLC grew its position in SIGA Technologies by 6.3% in the third quarter. Geode Capital Management LLC now owns 1,112,743 shares of the company's stock worth $7,512,000 after acquiring an additional 66,344 shares in the last quarter. New York State Common Retirement Fund increased its stake in shares of SIGA Technologies by 19.1% during the 4th quarter. New York State Common Retirement Fund now owns 589,620 shares of the company's stock worth $3,544,000 after purchasing an additional 94,490 shares during the last quarter. Legato Capital Management LLC boosted its holdings in SIGA Technologies by 14.1% in the fourth quarter. Legato Capital Management LLC now owns 532,441 shares of the company's stock worth $3,200,000 after purchasing an additional 65,800 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in SIGA Technologies by 5.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 507,262 shares of the company's stock worth $3,424,000 after buying an additional 24,101 shares during the last quarter. Hedge funds and other institutional investors own 55.40% of the company's stock.

Remove Ads

SIGA Technologies Stock Down 0.5 %

Shares of NASDAQ:SIGA traded down $0.03 on Friday, reaching $5.61. The company had a trading volume of 668,529 shares, compared to its average volume of 807,253. The stock has a market capitalization of $400.76 million, a P/E ratio of 4.68 and a beta of 0.98. The stock has a 50-day moving average price of $5.93 and a 200 day moving average price of $6.56. SIGA Technologies, Inc. has a twelve month low of $5.16 and a twelve month high of $12.83.

SIGA Technologies (NASDAQ:SIGA - Get Free Report) last announced its earnings results on Tuesday, March 11th. The company reported $0.63 earnings per share (EPS) for the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. The firm had revenue of $81.40 million during the quarter. On average, sell-side analysts predict that SIGA Technologies, Inc. will post 1.04 earnings per share for the current fiscal year.

About SIGA Technologies

SIGA Technologies, Inc, a commercial-stage pharmaceutical company, focuses on the health security related markets in the United States. Its lead product is TPOXX, an oral formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. The company was incorporated in 1995 and is headquartered in New York, New York.