KLP Kapitalforvaltning AS Makes New $488,000 Investment in SIGA Technologies, Inc. (NASDAQ:SIGA)

KLP Kapitalforvaltning AS acquired a new stake in shares of SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 81,200 shares of the company's stock, valued at approximately $488,000. KLP Kapitalforvaltning AS owned approximately 0.11% of SIGA Technologies as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Teacher Retirement System of Texas increased its stake in SIGA Technologies by 19.9% during the 4th quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company's stock valued at $77,000 after buying an additional 2,126 shares during the period. EP Wealth Advisors LLC bought a new position in shares of SIGA Technologies in the third quarter valued at approximately $82,000. XTX Topco Ltd acquired a new position in shares of SIGA Technologies during the third quarter valued at approximately $85,000. Bailard Inc. increased its stake in shares of SIGA Technologies by 31.5% during 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 bought a new stake in SIGA Technologies during the third quarter worth approximately $120,000. Institutional investors and hedge funds own 55.40% of the company's stock.

SIGA Technologies Stock Up 11.1 %

SIGA traded up $0.59 during trading on Tuesday, reaching $5.92. The stock had a trading volume of 1,149,405 shares, compared to its average volume of 776,939. The stock has a 50 day moving average of $5.74 and a two-hundred day moving average of $6.32. The firm has a market capitalization of $422.91 million, a price-to-earnings ratio of 4.93 and a beta of 1.03. SIGA Technologies, Inc. has a 1-year low of $4.95 and a 1-year high of $12.83.

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

SIGA Technologies Dividend Announcement

The firm also recently declared a special dividend, which will be paid on Thursday, May 15th. Shareholders of record on Tuesday, April 29th will be issued a $0.60 dividend.

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.