Legato Capital Management LLC Boosts Holdings in SIGA Technologies, Inc. (NASDAQ:SIGA)

Legato Capital Management LLC increased its position in shares of SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 14.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 532,441 shares of the company's stock after purchasing an additional 65,800 shares during the period. Legato Capital Management LLC owned 0.75% of SIGA Technologies worth $3,200,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. DAVENPORT & Co LLC boosted its stake in SIGA Technologies by 168.4% during the fourth quarter. DAVENPORT & Co LLC now owns 31,500 shares of the company's stock worth $189,000 after buying an additional 19,762 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in SIGA Technologies by 30.0% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 19,902 shares of the company's stock worth $120,000 after buying an additional 4,597 shares during the period. Linden Thomas Advisory Services LLC boosted its stake in SIGA Technologies by 21.6% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 24,292 shares of the company's stock worth $146,000 after buying an additional 4,315 shares during the period. Exchange Traded Concepts LLC boosted its stake in SIGA Technologies by 39.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 49,179 shares of the company's stock worth $296,000 after buying an additional 13,807 shares during the period. Finally, SG Americas Securities LLC boosted its stake in SIGA Technologies by 7.8% during the fourth quarter. SG Americas Securities LLC now owns 22,819 shares of the company's stock worth $137,000 after buying an additional 1,652 shares during the period. 55.40% of the stock is currently owned by institutional investors and hedge funds.

SIGA Technologies Stock Up 1.5 %

SIGA stock traded up $0.09 during mid-day trading on Friday, hitting $6.14. 566,733 shares of the company were exchanged, compared to its average volume of 300,050. The firm has a market capitalization of $438.40 million, a P/E ratio of 5.12 and a beta of 0.94. The business has a fifty day simple moving average of $6.15 and a 200-day simple moving average of $7.18. SIGA Technologies, Inc. has a 12-month low of $4.75 and a 12-month high of $12.83.

SIGA Technologies 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.