Charles Schwab Investment Management Inc. decreased its stake in shares of SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 8.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 462,188 shares of the company's stock after selling 45,074 shares during the period. Charles Schwab Investment Management Inc. owned about 0.65% of SIGA Technologies worth $2,778,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Larson Financial Group LLC bought a new position in shares of SIGA Technologies during the 3rd quarter valued at $30,000. EP Wealth Advisors LLC purchased a new stake in SIGA Technologies during the third quarter valued at $82,000. XTX Topco Ltd bought a new position in SIGA Technologies in the third quarter valued at about $85,000. Bailard Inc. lifted its holdings in SIGA Technologies by 31.5% in the fourth quarter. Bailard Inc. now owns 18,800 shares of the company's stock valued at $113,000 after acquiring an additional 4,500 shares during the period. Finally, Intech Investment Management LLC purchased a new position in SIGA Technologies in the third quarter worth about $120,000. Hedge funds and other institutional investors own 55.40% of the company's stock.
SIGA Technologies Stock Performance
Shares of NASDAQ SIGA traded down $0.07 during midday trading on Monday, hitting $5.48. 254,955 shares of the company's stock traded hands, compared to its average volume of 796,098. The firm has a fifty day moving average of $5.85 and a 200 day moving average of $6.43. SIGA Technologies, Inc. has a 1 year low of $5.16 and a 1 year high of $12.83. The stock has a market capitalization of $391.47 million, a price-to-earnings ratio of 4.57 and a beta of 0.98.
SIGA Technologies (NASDAQ:SIGA - Get Free Report) last announced its earnings results on Tuesday, March 11th. The company reported $0.63 EPS for the quarter. The business had revenue of $81.40 million during the quarter. SIGA Technologies had a net margin of 49.33% and a return on equity of 49.06%. On average, equities analysts anticipate that SIGA Technologies, Inc. will post 1.04 earnings per share for the current year.
About SIGA Technologies
(
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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