AltraVue Capital LLC increased its holdings in SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 14.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,639,524 shares of the company's stock after purchasing an additional 326,630 shares during the quarter. SIGA Technologies accounts for about 1.3% of AltraVue Capital LLC's holdings, making the stock its 25th largest holding. AltraVue Capital LLC owned 3.70% of SIGA Technologies worth $15,864,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of SIGA. Hotchkis & Wiley Capital Management LLC raised its stake 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 worth $13,827,000 after buying an additional 1,237,620 shares during the period. Denali Advisors LLC raised its position in SIGA Technologies by 58.3% during the fourth quarter. Denali Advisors LLC now owns 378,544 shares of the company's stock worth $2,275,000 after acquiring an additional 139,354 shares during the period. American Century Companies Inc. lifted its holdings in SIGA Technologies by 9.9% during the fourth quarter. American Century Companies Inc. now owns 1,271,972 shares of the company's stock valued at $7,645,000 after purchasing an additional 114,270 shares in the last quarter. Wellington Management Group LLP acquired a new stake in shares of SIGA Technologies in the third quarter valued at about $757,000. Finally, Bank of New York Mellon Corp increased its stake in shares of SIGA Technologies by 52.4% during the fourth quarter. Bank of New York Mellon Corp now owns 289,712 shares of the company's stock worth $1,741,000 after purchasing an additional 99,670 shares in the last quarter. Hedge funds and other institutional investors own 55.40% of the company's stock.
SIGA Technologies Stock Performance
Shares of SIGA traded down $0.28 during mid-day trading on Thursday, hitting $5.22. 383,882 shares of the company were exchanged, compared to its average volume of 783,260. SIGA Technologies, Inc. has a 1-year low of $5.14 and a 1-year high of $12.83. The stock has a market cap of $372.90 million, a price-to-earnings ratio of 4.35 and a beta of 0.98. The company has a 50 day moving average of $5.81 and a 200-day moving average of $6.41.
SIGA Technologies (NASDAQ:SIGA - Get Free Report) last released its earnings results on Tuesday, March 11th. The company reported $0.63 earnings per share for the quarter. The business had revenue of $81.40 million for the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. Research analysts anticipate that SIGA Technologies, Inc. will post 1.04 earnings per share for the current fiscal year.
SIGA Technologies Profile
(
Free Report)
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.
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