SIGA Technologies, Inc. (NASDAQ:SIGA) Shares Bought by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its holdings in SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 237.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 417,436 shares of the company's stock after purchasing an additional 293,836 shares during the quarter. Renaissance Technologies LLC owned about 0.58% of SIGA Technologies worth $2,509,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Teacher Retirement System of Texas boosted its holdings in shares of SIGA Technologies by 19.9% in the 4th quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company's stock valued at $77,000 after buying an additional 2,126 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of SIGA Technologies during the fourth quarter worth about $78,000. Bailard Inc. increased its position in shares of SIGA Technologies by 31.5% during the fourth quarter. Bailard Inc. now owns 18,800 shares of the company's stock worth $113,000 after purchasing an additional 4,500 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of SIGA Technologies by 30.0% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 19,902 shares of the company's stock valued at $120,000 after purchasing an additional 4,597 shares during the last quarter. Finally, Principal Financial Group Inc. purchased a new stake in shares of SIGA Technologies in the 3rd quarter valued at about $149,000. 55.40% of the stock is owned by institutional investors and hedge funds.

SIGA Technologies Price Performance

Shares of SIGA stock traded down $0.15 during trading hours on Monday, hitting $6.35. The stock had a trading volume of 1,020,497 shares, compared to its average volume of 779,587. The stock's 50 day moving average is $5.78 and its 200 day moving average is $6.23. The firm has a market capitalization of $453.65 million, a PE ratio of 5.29 and a beta of 1.03. SIGA Technologies, Inc. has a twelve month low of $4.95 and a twelve month high of $12.83.

SIGA Technologies (NASDAQ:SIGA - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The company reported $0.63 EPS for the quarter. The firm had revenue of $81.40 million during the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. As a group, equities analysts predict that SIGA Technologies, Inc. will post 1.04 earnings per share for the current year.

SIGA Technologies Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Thursday, May 15th. Investors of record on Tuesday, April 29th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, April 29th.

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.