JPMorgan Chase & Co. Boosts Stock Position in SIGA Technologies, Inc. (NASDAQ:SIGA)

JPMorgan Chase & Co. boosted its stake in shares of SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 154.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 70,299 shares of the company's stock after buying an additional 42,669 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.10% of SIGA Technologies worth $475,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Hotchkis & Wiley Capital Management LLC increased its position in shares of SIGA Technologies by 152.6% during the third 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. Dimensional Fund Advisors LP boosted its position in SIGA Technologies by 7.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,821,788 shares of the company's stock valued at $13,826,000 after acquiring an additional 133,883 shares during the last quarter. Geode Capital Management LLC grew its holdings in SIGA Technologies by 6.3% during the 3rd 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 during the period. Charles Schwab Investment Management Inc. raised its position in shares of SIGA Technologies by 5.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 507,262 shares of the company's stock worth $3,424,000 after acquiring an additional 24,101 shares in the last quarter. Finally, Foundry Partners LLC acquired a new position in shares of SIGA Technologies in the 3rd quarter valued at about $2,801,000. 55.40% of the stock is owned by institutional investors and hedge funds.

SIGA Technologies Price Performance

Shares of SIGA Technologies stock traded down $0.18 on Friday, hitting $5.98. 522,241 shares of the company's stock traded hands, compared to its average volume of 322,206. The company has a market capitalization of $426.97 million, a price-to-earnings ratio of 4.98 and a beta of 0.94. The company has a fifty day moving average of $6.37 and a two-hundred day moving average of $7.43. SIGA Technologies, Inc. has a one year low of $4.26 and a one year high of $12.83.

SIGA Technologies (NASDAQ:SIGA - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $10.01 million for the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. Equities research analysts anticipate that SIGA Technologies, Inc. will post 1.04 earnings per share for the current year.

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.