Allspring Global Investments Holdings LLC lifted its position in shares of SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 172.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 211,236 shares of the company's stock after purchasing an additional 133,597 shares during the period. Allspring Global Investments Holdings LLC owned about 0.30% of SIGA Technologies worth $1,426,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. DekaBank Deutsche Girozentrale acquired a new stake in shares of SIGA Technologies during the second quarter worth about $40,000. Bayesian Capital Management LP acquired a new stake in shares of SIGA Technologies during the first quarter worth about $97,000. Lazard Asset Management LLC acquired a new stake in shares of SIGA Technologies during the first quarter worth about $105,000. EntryPoint Capital LLC purchased a new position in shares of SIGA Technologies during the first quarter worth about $111,000. Finally, AQR Capital Management LLC acquired a new position in SIGA Technologies in the 2nd quarter valued at about $99,000. Institutional investors and hedge funds own 55.40% of the company's stock.
SIGA Technologies Stock Performance
SIGA Technologies stock traded up $0.10 during mid-day trading on Thursday, reaching $7.18. 189,941 shares of the company were exchanged, compared to its average volume of 902,499. The firm's 50-day simple moving average is $7.58 and its two-hundred day simple moving average is $8.12. SIGA Technologies, Inc. has a twelve month low of $4.26 and a twelve month high of $12.83. The firm has a market cap of $512.43 million, a PE ratio of 6.05 and a beta of 0.90.
SIGA Technologies (NASDAQ:SIGA - Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.03 earnings per share for the quarter. The firm 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 quarter last year, the business earned ($0.04) earnings per share. As a group, equities research analysts anticipate that SIGA Technologies, Inc. will post 1.01 EPS for the current year.
About SIGA Technologies
(
Free Report)
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.
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