Allspring Global Investments Holdings LLC Acquires 133,597 Shares of SIGA Technologies, Inc. (NASDAQ:SIGA)

Allspring Global Investments Holdings LLC increased its stake in shares of SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 172.1% during the third quarter, according to its most recent 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 0.30% of SIGA Technologies worth $1,426,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in shares of SIGA Technologies by 1.9% in the first quarter. Vanguard Group Inc. now owns 2,283,612 shares of the company's stock valued at $19,548,000 after acquiring an additional 41,515 shares during the period. AltraVue Capital LLC boosted its holdings in SIGA Technologies by 6.6% in the 2nd 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 boosted its holdings in SIGA Technologies by 7.9% in the 2nd 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 position in shares of SIGA Technologies by 251.2% during the 2nd 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 in the last quarter. Finally, General American Investors Co. Inc. raised its position in shares of SIGA Technologies by 0.7% in the second quarter. General American Investors Co. Inc. now owns 746,646 shares of the company's stock worth $5,667,000 after buying an additional 4,919 shares in the last quarter. Institutional investors own 55.40% of the company's stock.

SIGA Technologies Stock Performance

SIGA Technologies stock traded up $0.14 during midday trading on Thursday, hitting $7.22. 514,354 shares of the company's stock were exchanged, compared to its average volume of 904,037. The company has a market cap of $515.28 million, a P/E ratio of 6.17 and a beta of 0.90. The stock has a 50-day moving average price of $7.54 and a two-hundred day moving average price of $8.11. SIGA Technologies, Inc. has a 52-week low of $4.26 and a 52-week high of $12.83.

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