Marshall Wace LLP Sells 234,239 Shares of SIGA Technologies, Inc. (NASDAQ:SIGA)

Marshall Wace LLP reduced its position in shares of SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 63.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 134,285 shares of the company's stock after selling 234,239 shares during the period. Marshall Wace LLP owned about 0.19% of SIGA Technologies worth $1,019,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of SIGA Technologies by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 2,283,612 shares of the company's stock worth $19,548,000 after buying an additional 41,515 shares during the period. AltraVue Capital LLC grew its holdings in SIGA Technologies by 6.6% during the second quarter. AltraVue Capital LLC now owns 2,177,646 shares of the company's stock valued at $16,528,000 after purchasing an additional 134,450 shares during the period. Dimensional Fund Advisors LP grew its holdings 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 purchasing an additional 133,883 shares during the period. American Century Companies Inc. grew its holdings in SIGA Technologies by 251.2% during the second quarter. American Century Companies Inc. now owns 841,759 shares of the company's stock valued at $6,389,000 after purchasing an additional 602,091 shares during the period. Finally, General American Investors Co. Inc. lifted its stake in SIGA Technologies by 0.7% in the second quarter. General American Investors Co. Inc. now owns 746,646 shares of the company's stock valued at $5,667,000 after buying an additional 4,919 shares in the last quarter. 55.40% of the stock is owned by institutional investors.

SIGA Technologies Price Performance

SIGA traded down $0.21 during trading on Tuesday, reaching $6.67. The company had a trading volume of 501,040 shares, compared to its average volume of 946,505. The business's fifty day moving average price is $8.49 and its 200 day moving average price is $8.37. The company has a market cap of $474.39 million, a P/E ratio of 6.25 and a beta of 0.90. SIGA Technologies, Inc. has a 12 month low of $4.26 and a 12 month high of $12.83.

SIGA Technologies (NASDAQ:SIGA - Get Free Report) last issued its earnings results on Thursday, August 1st. The company reported $0.03 earnings per share for the quarter. SIGA Technologies had a net margin of 48.55% and a return on equity of 51.40%. The business had revenue of $21.81 million for the quarter. During the same quarter in the previous year, the firm posted ($0.04) earnings per share. As a group, sell-side analysts predict that SIGA Technologies, Inc. will post 1.01 EPS for the current fiscal year.

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.