Harbor Capital Advisors Inc. Purchases New Shares in SIGA Technologies, Inc. (NASDAQ:SIGA)

Harbor Capital Advisors Inc. acquired a new stake in shares of SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 162,706 shares of the company's stock, valued at approximately $1,098,000. Harbor Capital Advisors Inc. owned about 0.23% of SIGA Technologies at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SIGA. Price T Rowe Associates Inc. MD grew its stake in shares of SIGA Technologies by 8.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 29,180 shares of the company's stock valued at $250,000 after buying an additional 2,218 shares during the last quarter. Rhumbline Advisers lifted its position in SIGA Technologies by 4.2% in the second quarter. Rhumbline Advisers now owns 69,947 shares of the company's stock valued at $531,000 after purchasing an additional 2,851 shares during the last quarter. Linden Thomas Advisory Services LLC boosted its stake in shares of SIGA Technologies by 27.0% during the second quarter. Linden Thomas Advisory Services LLC now owns 15,871 shares of the company's stock valued at $120,000 after purchasing an additional 3,370 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of SIGA Technologies by 38.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,684 shares of the company's stock worth $104,000 after purchasing an additional 3,829 shares during the last quarter. Finally, General American Investors Co. Inc. increased its stake in shares of SIGA Technologies by 0.7% in the second quarter. General American Investors Co. Inc. now owns 746,646 shares of the company's stock worth $5,667,000 after buying an additional 4,919 shares during the period. 55.40% of the stock is owned by hedge funds and other institutional investors.

SIGA Technologies Stock Performance

NASDAQ:SIGA traded down $0.09 during midday trading on Thursday, reaching $7.63. 684,170 shares of the stock traded hands, compared to its average volume of 895,581. The stock has a market capitalization of $544.55 million, a P/E ratio of 6.55 and a beta of 0.89. The company has a fifty day moving average of $7.37 and a 200 day moving average of $8.07. SIGA Technologies, Inc. has a 12 month low of $4.26 and a 12 month high of $12.83.

SIGA Technologies Company Profile

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.