Dimensional Fund Advisors LP Increases Position in SIGA Technologies, Inc. (NASDAQ:SIGA)

Dimensional Fund Advisors LP boosted its holdings in SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 7.9% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,821,788 shares of the company's stock after acquiring an additional 133,883 shares during the quarter. Dimensional Fund Advisors LP owned 2.56% of SIGA Technologies worth $13,826,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SIGA. DekaBank Deutsche Girozentrale bought a new position in SIGA Technologies during the 2nd quarter worth approximately $40,000. Bayesian Capital Management LP purchased a new position in shares of SIGA Technologies in the first quarter worth $97,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in SIGA Technologies by 38.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,684 shares of the company's stock valued at $104,000 after buying an additional 3,829 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in SIGA Technologies during the 1st quarter valued at $105,000. Finally, EntryPoint Capital LLC purchased a new stake in SIGA Technologies during the 1st quarter valued at $111,000. Hedge funds and other institutional investors own 55.40% of the company's stock.

SIGA Technologies Stock Up 0.3 %

Shares of NASDAQ:SIGA traded up $0.02 during midday trading on Friday, hitting $6.98. 501,574 shares of the stock traded hands, compared to its average volume of 674,785. The business's 50 day moving average is $8.55 and its two-hundred day moving average is $8.38. The stock has a market capitalization of $498.16 million, a PE ratio of 6.35 and a beta of 0.90. 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 issued its quarterly earnings data on Thursday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $21.81 million for the quarter. SIGA Technologies had a net margin of 48.55% and a return on equity of 51.40%. During the same period in the previous year, the firm posted ($0.04) earnings per share. As a group, sell-side analysts forecast that SIGA Technologies, Inc. will post 1.01 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.